For many Ethiopians living abroad, buying an apartment in Addis Ababa is more than a financial decision—it’s a way to stay connected to home. Whether you’re planning to return, provide for family, or invest in a growing city, the process can feel complicated from afar. This guide is designed to simplify that journey, breaking down the steps you need to take to buy safely and confidently from wherever you are in the world.
First Steps
Begin by securing your Yellow Card to access investment rights. Research properties using online platforms, with Dema Hope Real Estate you have the option of live and virtual tours to view properties remotely, enhancing decision-making without travel.
Due Diligence and Offer
Conduct due diligence by verifying property titles, checking for legal issues, and assessing market trends. Once satisfied, you can move forward with exploring your offers.
Apartment Purchase Process
This is when you sign the purchase agreement. At Dema Hope we have a hassle free procedure, your agreement and receipt of payment delivered to you directly via DHL without the need for intermediaries. The deed transfer follows, involving Ashura tax payments and registration, you can potentially use POA for remote execution.
What happens after you purchase?
After purchase, engage property management services like Dema Hope Property Management for rental management, maintenance, and tenant relations, crucial for investors not residing in Ethiopia. We can also facilitates reselling, providing support to find buyers and handle transactions, ensuring liquidity.
Dema Hope Real Estate is a premier real estate developer committed to delivering high-quality homes and commercial spaces in Ethiopia. With a strong focus on modern design, prime locations, and exceptional value, we cater to buyers seeking premium investment opportunities in Addis Ababa and beyond.
Explore your investment options today – Dema Hope Real Estate has multiple ongoing projects, including our high-end apartments around the Signal area, which are 100% complete and ready for occupancy, and our mixed-use development near Adey Abeba Stadium in Bole, offering both residential and commercial units. If you’re ready to take the next step toward homeownership or investment, contact us at +251 951515174 or send us an email info@demahoperealestate.comto learn more.