There’s always someone you call when you need help.
You call your mom to ask where to find the best herbs in town.
Your dad? He's the go-to for anything handy.
Your sister knows the best hair salon.
And your best friend always has the plug for the coolest hangout spot.
But… who do you call when you have questions about real estate in Ethiopia?
We're really hoping you said Live Ethio.
Okay, okay—you almost had us. 😄
Here’s the good news: you don’t have to search far. Whether you’re buying, renting, investing, or just getting curious about the property market in Addis Ababa, we’ve got you covered.
These are the top 7 questions we get asked all the time by our clients especially from the diaspora. Chances are, you’ve been wondering the same thing.
So, tag along. Your answers are just a scroll away.
1. What are the current prices for homes and apartments in Addis Ababa?
Prices vary widely depending on the neighborhood, property type, and condition. Premium areas like Bole, Kazanchis, and Bisrate Gebriel are more expensive, offering luxury apartments for sale and modern villas. If you're looking for more affordable options, neighborhoods like Ayat, Gulele, Goro Yerer, and Bole Arabsa offer homes with better value for money.
2. Can I buy or rent a property if I live abroad?
Yes! Many of our clients live abroad—especially in the U.S., Europe, or the Middle East—and still manage to rent, buy, or invest in property back home. We help clients navigate the process remotely through video calls, secure document sharing, and trusted legal partners.
3. What documents do I need to buy or rent property in Ethiopia?
For buying property, you typically need:
- A valid ID or passport
- Taxpayer Identification Number (TIN)
- Purchase agreement
- Title deed from the land administration office
For renting, the process is simpler. You’ll generally need:
- A valid ID or passport
- A signed rental agreement (often notarized)
4. How can I verify if a property is legally registered?
This is one of the most important steps. To verify a property:
- Check the title deed
- Cross-check ownership with the local land administration office
- Make sure there are no outstanding legal disputes or unpaid taxes
- Our team handles this due diligence for you, so you can proceed with peace of mind.
5. What are the best neighborhoods to invest in?
This depends on your investment goals:
- High rental income? Look at Bole, Megenagna, or Sar Bet.
- Long-term appreciation? Areas like Ayat, Summit, and CMC are rapidly developing and may offer good value.
We’ll help you assess your goals and find the right area for your budget and plans.
6. Is it safe to send money from abroad for a property purchase?
Yes—especially if you use diaspora accounts offered by trusted Ethiopian banks like Awash Bank, Commercial Bank of Ethiopia (CBE), or Dashen Bank. These accounts are designed for Ethiopian nationals and people of Ethiopian origin living abroad.
✅ We recommend using only official banking channels to avoid scams or informal transfers.
7. Are furnished rental options available?
Absolutely. In popular neighborhoods like Bole, Kazanchis, and Megenagna, you can find many fully furnished apartments—ideal for expats, short-term visitors, or busy professionals.
Just let us know what you’re looking for, and we’ll match you with the right property.
The Ethiopian real estate market is full of opportunity, but it also comes with its own unique processes and challenges. Whether you're in Addis or halfway around the world, Live Ethio Real Estate Consulting is here to support you every step of the way—from property search and price negotiation to legal paperwork and move-in day.
Related Blogs