Easy Way to Buy an Apartment in Addis Ababa

If you want to buy a home in Addis Ababa, it can be good. But you need to know some easy things. This simple guide will help you. Check out our listings here to explore available properties.

1. Know About the Market

Addis has many new apartments. They are in places like Bole, CMC, Kazanchis. These places have different prices and things nearby. Some are close to the airport or schools.

2. Who Can Buy a Home?

People from Ethiopia can buy. People with family from Ethiopia can also buy.

If you are not from Ethiopia, it can be harder. You might need special help.

3. Pick Your Apartment

You can buy:

• New apartments that are not built yet.
• Apartments that are new.
• Apartments that someone lived in before.

Be careful when you buy. Check the quality. Use good agents or lawyers.

4. Check the Builder and the Home

Before you say yes:

• Know if the builder is good.
• Go see the place.
• Make sure the papers are right. The home should belong to the seller.

Look for:

• Papers that show who owns the land.
• Paper to build.
• Paper from the city.
• Check if water and light will work.

5. Agree on the Price

The price can be in Ethiopian money or American money. Make sure:

• You get the price written down.
• You know what you pay for (like parking).
• There are no extra costs.

6. Pay for Your Home

Most people pay with money.

Some banks can give loans to buy homes.

If you use a loan, make sure the builder knows the bank.

7. Make It Legal

Use a good lawyer to:

• Write the buy paper.
• Pay taxes.
• Put your name on the home papers at the government office.
• Pay fees.

8. Some Easy Tips

Use a real estate agent.

Check if the building is strong.

Be careful of fake sellers.

If you are far away, ask someone you trust to help you.

Do you want to know about homes for sale now? Or a list to check when you see homes? Or help with papers if you are far away? Contact us at +251927059884 or Email us!