Want to invest in Ethiopia's real estate? Here's everything you need to know!
Channel: Africa Reloaded
Date: 2022-10-19

A Complete Guide To Investing In Ethiopia’s Real Estate
How does homeownership work in Ethiopia? Is it simply a long lease? African countries are quickly becoming a thriving ground for profitable investments. Because of the increasing economic and political stability in most parts of the continent, investors now have more options for where to put their money. Real estate investment in Ethiopia appears to be the new goldmine. Surprisingly, Ethiopia is also emerging as one of Africa's fastest-growing economies. According to the World Bank, its average GDP increased by 9.4% from 2011 to 2020, while the poverty rate fell by 6% in five years, from 30% to 24%. It has a population of over 112 million people (as of 2019) and is growing at a rate of 2.61% per year. As a result, Ethiopia's growing population will result in a real estate boom. Are you considering investing in Ethiopia? Here's everything you need to know about the East African country's real estate market.

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