How Much Is a Condo in Addis Ababa?

Welcome to our article on the pricing of condos in Addis Ababa, Ethiopia’s vibrant capital. If you’re considering buying a condo in this bustling city, you may be wondering how much it will cost you. Are condos affordable or out of reach? Let’s delve into the real estate market in Addis Ababa and uncover the pricing trends that will help you make an informed decision.

Key Takeaways:

• Addis Ababa offers a diverse range of condos for residential and commercial use.
• Condo prices in Addis Ababa vary depending on factors such as size, location, and level of furnishing.
• The average price of condos in Addis Ababa is Br 10,200,000.
• There are 1,433 condos currently available for sale in Addis Ababa.
• Whether you’re looking for a luxurious condo or a more budget-friendly option, Addis Ababa’s real estate market has something for everyone.

Average Price of Condos in Addis Ababa

In Addis Ababa, the bustling capital city of Ethiopia, there is a diverse range of condos available for purchase. These condos are situated in various locations, both residential and commercial, offering buyers a plethora of options to choose from. When it comes to pricing, it’s essential to have an understanding of the average cost one can expect to pay for a condo in Addis Ababa.

According to the available data, the average price of condos for sale in Addis Ababa is Br 10,200,000. This figure accounts for the different types of condominiums found in various locations, each with its unique features and amenities. By considering this average price, prospective buyers can gain a rough estimate of the financial investment required to purchase a condo in Addis Ababa.

It’s important to note that this average price is subject to variation based on factors such as size, location, and level of furnishing. The cost of a condo can be influenced by its proximity to amenities, the neighborhood’s desirability, and the overall demand for real estate in Addis Ababa. Therefore, it’s crucial for buyers to assess their preferences and budgetary constraints when exploring the condo market in Ethiopia’s vibrant capital.

Range of Prices for Condos in Addis Ababa

The prices for condos in Addis Ababa can vary significantly depending on factors such as location, size, and level of furnishing. The most expensive condos can cost up to Br 28,000,000, while the more affordable options can be found for as low as Br 120,000. This wide range of prices allows individuals with different budgets to find a condo that suits their needs and financial capabilities.

Available Condos for Sale in Addis Ababa

Currently, there are 1,433 condos available for sale in Addis Ababa. These condos are listed by estate agents and can be filtered based on factors such as price, furnishing, and recency. Prospective buyers have a variety of options to choose from, ranging from one-bedroom to multi-bedroom condos, located in different areas of Addis Ababa.

If you’re in the market for condos in Addis Ababa, you’ll be pleased to know that there are numerous listings available to suit various preferences and budgets. Whether you’re a young professional looking for a cozy one-bedroom condo in the heart of the city or a growing family in search of a spacious multi-bedroom unit in a peaceful neighborhood, you’ll find options that meet your requirements.

The available condos for sale in Addis Ababa offer diverse amenities and features, catering to different lifestyles and needs. Some condos come fully furnished, making them move-in ready, while others provide a blank canvas for you to design your dream living space.

With 1,433 condos currently on the market, you can take your time exploring the listings, comparing prices, and evaluating the pros and cons of each option. Whether you prefer a high-rise condo with stunning city views or a cozy unit in a gated community with shared amenities, the real estate market in Addis Ababa has something for everyone.

Investing in a condo in Addis Ababa allows you to enjoy the benefits of homeownership while also enjoying the convenience and amenities that come with living in a well-maintained complex. Condos often provide additional perks such as security, maintenance services, and shared recreational facilities, making them an attractive option for many buyers.

As you navigate through the condo listings, take note of the specific features and amenities that are important to you. Consider factors such as proximity to schools, shopping centers, and transportation hubs. Additionally, think about the long-term value and potential return on investment that a particular condo may offer.

Don’t hesitate to reach out to estate agents for more information about specific listings, virtual tours, and to schedule in-person viewings. Their expertise and knowledge of the local market can provide valuable insights and help you make an informed decision.

Examples of Condos for Sale in Addis Ababa

Here are some examples of condos for sale in Addis Ababa, showcasing the variety of options available in the market:

1. Arat Kilo, Addis Ababa

2 beds, 2 baths, 149.68 m².

2. Ayat, Yeka, Addis Ababa

2 beds, 2 baths, 96.33 m².

3. Friendship Building, Bole, Addis Ababa

Conclusion

In conclusion, when it comes to pricing, condos in Addis Ababa offer a range of options to suit different preferences and budgets. The average price of condos in this vibrant city is Br 10,200,000, with prices ranging from the most expensive at Br 28,000,000 to the most affordable at Br 120,000. With over 1,400 condos currently available for sale, potential buyers have a wide selection to choose from.

Whether you’re looking for a luxurious condo in the heart of the city or a more budget-friendly option on the outskirts, Addis Ababa’s real estate market has something for everyone. The pricing of condos is influenced by factors such as location, size, and level of furnishing, providing potential buyers with flexibility when making their purchasing decisions.

From the bustling neighborhoods of Arat Kilo and Ayat to the vibrant community of Bole, Addis Ababa offers a diverse range of locations for condo buyers to consider. With its rich history, cultural attractions, and growing economy, investing in a condo in Addis Ababa can be a rewarding opportunity for both homebuyers and investors.