As Addis Ababa grows and changes, more people are choosing to live in apartments. This way of living is becoming popular because it is practical, modern, and fits the lifestyle of many people in the city. In this blog, we will look at why living in apartments is a good choice in Addis Ababa, especially for people who want comfort, safety, and easy access to city life.
Convenience and Accessibility
Apartments in Addis Ababa are usually found in busy and popular areas like Bole, 22, Kazanchis, and Sar Bet. These places are close to offices, schools, shops, gyms, and places to relax. Since traffic in the city is getting worse, living near your daily needs can save a lot of time. Studies show that some people spend over 45 minutes in traffic during busy hours. So, being close to everything is a big benefit.
Cost-Effectiveness
Apartments are often cheaper than renting or buying a full house. In Addis Ababa, land is expensive, and this makes houses costly. In 2024, the average land price in central Addis was highest per square meter. For many families, apartments are a smart and affordable option.
Security
Most new apartment buildings are safe. They have gates, security guards, and cameras. This makes people feel more secure, especially families and workers who live in busy places like Bole and Summit.
Variety of Options
There are many types of apartments in Addis Ababa. You can find:
- 1 Bedroom: 56–74 m²
- 2 Bedrooms: 74–112 m²
- 3 Bedrooms and more: 112+ m²
So whether you live alone or with a family, there is something for everyone.
Community Feel
Many apartment buildings have shared places like gyms, gardens, and parking areas. These places help neighbors meet and build friendships. In nicer apartments, there may even be events or gatherings that bring people together.
Navigating Utilities
Living in an apartment is easy, but some areas in Addis have problems with water and electricity. That’s why it’s important to check if the apartment has a backup generator or water tank.
In the end, Addis Ababa’s apartments provide a distinctive perspectives on the vibrancy and culture of the city. It has its own set of factors to take into account, but it can also be a fun and easy way to experience Ethiopian city.
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 Bole Medhanialem and 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.com to learn more.
