Frequently Asked Question in Real Estate
Frequently Asked Question in Real Estate
Blog Article
If you’re living abroad and thinking about renting, buying, or investing in property in Ethiopia, chances are you’ve had some of these questions. You’re not alone these are the top questions we get from our clients every week, especially those in the diaspora.
Scroll through your answers are right here ????
- What’s the current price range for homes and apartments in Addis Ababa?
Property prices in Addis Ababa vary depending on the location, type of property, and overall condition. Upscale neighborhoods like Bole, Kazanchis, and Bisrate Gebriel are on the higher end, offering modern villas and luxury apartments.
Looking for something more affordable? Areas like Ayat, Gulele, Goro Yerer, and Bole Arabsa offer better value with growing infrastructure and development potential.
- Can I buy or rent a property from abroad?
Absolutely. In fact, most of our clients live in the U.S., Europe, or the Middle East and successfully purchase or rent properties in Ethiopia. At Live Ethio, we guide you through the entire process remotely with video walkthroughs, secure document sharing, and access to trusted legal partners on the ground.
- What documents are needed to buy or rent property in Ethiopia?
To buy property, you'll typically need:
- A valid copyright or Ethiopian ID
- Taxpayer Identification Number (TIN)
- Signed purchase agreement
- Title deed issued by the land administration office
For renting, you’ll need:
- A valid copyright or Ethiopian ID
- A notarized rental agreement
Don’t worry — we walk you through every step.
- How can I confirm if a property is legally registered?
Verifying ownership is crucial. Here’s how to do it:
- Review the title deed
- Cross-check with the local land administration office
- Ensure there are no legal disputes or unpaid taxes attached
Our team handles this due diligence on your behalf, so you can invest confidently.
- What are the best neighborhoods for property investment?
It all depends on your goals:
- Looking for high rental returns? Check out Bole, Megenagna, or Sar Bet
- Interested in long-term value? Try Ayat, CMC, or Summit, where development is booming
We’ll help you choose the right location based on your budget and investment plans.
- Is it safe to send money to Ethiopia for a property purchase?
Yes, it is — as long as you use official diaspora bank accounts provided by reputable institutions like CBE, Awash Bank, or Dashen Bank. These accounts are designed specifically for Ethiopians living abroad.
✅ Avoid using informal channels or unverified agents to ensure a secure transaction.
- Are there furnished rentals available?
Definitely. In areas like Bole, Kazanchis, and Megenagna, fully furnished apartments are widely available — perfect for expats, short-term visitors, or professionals seeking convenience.
Tell us what you’re looking for, and we’ll find the perfect match.
Let's Make Your Property Journey Simple
Buying, renting, or investing in Ethiopia comes with incredible opportunity — and some unique challenges. But whether you’re in Addis Ababa or abroad, Live Ethio Real Estate Consulting is here to guide you every step of the way.
From property search and legal paperwork to negotiations and move-in support, we’ve got you covered.
Report this page