By Vivian A
Do you have plans to buy or sell a property in Ethiopia? You need to be familiar with the major real estate companies in the country. The industry has been thriving tremendously over the past few years. Besides, many new firms have emerged. This makes it difficult to choose the best one. Here, we’ve put together our list of the best companies in Ethiopia to make your search easier. Without further ado, let’s jump right into it!
Major Real Estate Companies in Ethiopia
Here is a list of major real estate companies in Ethiopia;
- Ayat Real Estate
Generally, there are many reasons to choose Ayat real estate in Ethiopia for your next real estate investment. The firm has been in the industry for years and has built a reputation for being one of the best companies in Ethiopia. It is one of the biggest construction companies for residential homes. Besides, the company has made many Ethiopians at home and abroad homeowners. The residential units completed since its establishment include apartment buildings, condominiums, townhouses, and villas. The company constructs neighborhoods in the most desired places in Addis Ababa. Moreover, it provides innovative solutions to meet its clients’ needs while maintaining high-quality standards, safety, and environmental sustainability.
- Noah Real Estate
Noah Real Estate is one of the best real estate companies in Ethiopia. It has been in business for a couple of years and has already completed some commercial and residential projects. The company has sites in 14 locations across the country. Moreover, it accepts four installments payment for apartments. This is convenient for most people, especially those who do not have a lot of working capital.
The company also delivers on time; you will get your apartment on time as promised. This is very important because many other developers cannot deliver on time due to various reasons like lack of funds. Noah Real Estate has several branches across the country, making it easy for you to reach them regardless of your location. If you go to its site, you can find all the branches listed there with their addresses too
- Tsehay Real Estate
Tsehay is also one of the major real estate companies in Ethiopia. It is a Chinese company that started with the goal of creating a new living standard on a 30000-meter square plot within the city. The company’s projects comprise underground parking, gym venues, top-rated restaurants, apartments, playgrounds, office buildings, etc.
The firm has been in existence for more than ten years and has completed some great projects in Addis Ababa. If you need a unit, you’ll have to make a 70% downpayment first. Tsehay strives to provide quality services at reasonable prices to customers who want to live comfortably and safely in their own homes.
- Metropolitan Real Estate
Metropolitan Real Estate is one of Ethiopia’s most prominent real estate companies. They have been in the industry for over a decade and have built a name for themselves through their excellent services. It is an American real estate firm that has been around for quite some time.
Metropolitan is among the top players in the industry because of its commitment to creating comfortable and convenient homes. Its prominence as one of the most trustworthy real estate agencies in Ethiopia. The company has been able to build some of the most luxurious apartments and homes in the country. If you need any help with property buying, selling, or renting, this is the best place to go!
- Sunshine Investment Group
Sunshine is one of the largest construction companies in Ethiopia. Since its launch, the company has been operating for more than 15 years and has built thousands of commercial and residential properties. It is a well-known real estate company whose founder has more than 30 years of experience in construction. Moreover, it has been constructing many residential projects at this moment. Its team consists of qualified professionals committed to providing quality services at competitive prices while maintaining excellent customer service standards.
- Flintstone Real Estate
Flintstone Homes Real Estate is one of Ethiopia’s leading real estate companies. It has grown from a small start-up to become one of the most reputable developers in the country. The company has developed many projects and continues to do so at an impressive rate. Its initial project comprised condominiums, townhouses, and residences in Addis Ababa, which finished a year later. This shows how efficient they are when executing projects on time. Besides, the company currently has multiple projects on offer, and you can reach out to them if you’re interested.
- Enyi Real Estate
Enyi Real Estate started more than ten years ago and creates luxurious homes that it sells across the country. It provides services to many people and has completed immaculate Roseland Luxury Homes. In addition, it is currently working on Bole Palm Housing Development Project. It is one of the best firms to opt for when looking for an excellent real estate company in Ethiopia.
- Gift Real Estate
Gift Real Estate is a top real estate company in Ethiopia. The company was launched in 2004 and has been strong ever since. It has an ama reputation in the industry and has built up an impressive portfolio of houses. The firm’s strength lies in its devotion to quality workmanship and customer service. They have plans to expand all over East Africa. Therefore, if you are looking for a property in another country, this might be the best place!
Is Real Estate a Good Investment in Ethiopia?
Of course yes! The country has seen an increase in people buying real estate as an investment. There are some reasons why people choose to invest in real estate. You can get rent out of your property, which will help pay for the mortgage and other property expenses.
As long as there’s demand for housing, land values will increase. If you buy property now and hold onto it, its value may increase significantly over time. Lastly, real estate offers protection against inflation and other economic factors that make it challenging to maintain your investment’s value.
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