How to find great homes in Ethiopia

Home In Addis Ababa

In a country which the economy is shifting to buildings and constructions, it's not a bad idea to invest your money in homes and properties in Addis Ababa, So Ethiopia's economy is growing surprisingly and the main reason for that is not agriculture sector or service sector even tho those two make 70% of the GDP, there is a new trend that is boosting the economy, the fact that Ethiopia is 2nd most populous country in Africa makes it the best place to build homes because of the demand it has, it's safe to say residential properties prices are going to increase.


Why Buy A Home In Addis Ababa

There are many reasons to purchase a home in Addis, #1 if you are buying for your personal investment you are in a good place because of the value is going to go up exponentially as there is a lot of demand for homes right now, many real estate companies are trying to solve these problems by constructing and selling it to customers, but in overall we are going to see a huge price increase in homes in Addis Ababa  #2 is if you are looking for a home to live you can find a lot of homes that can be affordable for you but the price maybe a little bit high for you but we don't think the price will go down any time soon.


Construction Industry In Addis Ababa

The Construction Industry in Ethiopia report focuses on conditions in the local sector and details current construction projects including the Grand Ethiopian Renaissance Dam, the largest project under construction in East Africa, with a value of approximately US$4.1bn. Key drivers of growth, current trends in the domestic sector, and factors influencing the success of the industry are covered in this detailed report. Profiles for 19 companies are provided including state-owned companies, Ethiopian Construction Works Corporation, which employs 15,000 people in Ethiopia and Rwanda. Also profiled are Chinese giants, China Civil Engineering Construction Corporation (CCECC), and China State Construction Engineering Corporation (CSCEC).


In Conclusion 



Homes and properties in Ethiopia are mainly under constructions which indicates a great opportunity for both investments and living, We think now can be the best time to purchase a home in Addis Ababa because  the value of your home  will increase eventually as demand increase for homes but beware of the market you may find a lot of homes that are overpriced so dont forget to do your research

Comments

Popular posts from this blog