To the people abroad, the Real-Estate market in Ethiopia seems overpriced and illogical. To locals, it’s the perfect inflation hedge, an investment for generational wealth.
It looks like there is quite a large information asymmetry gap between locals and those living abroad. However, the gap is closing by making it more accessible to make investment on properties, diasporas are beginning to line up to buy Apartments for themselves, families or for investment.
Then there is the economy, NBE (National Bank of Ethiopia) has been depreciating the local currency (ETB) quite aggressively over the past few years. What this means is that your purchasing power parity has decreased. Metropolitan Real Estate is an established property development company focused on creating homes packed with functionality, convenience, and comfort for today’s modern lifestyle seeker and savvy investor.
Thus, what do the wealthy and smart people do in these periods? They buy physical assets such as Real-Estate, gold, silver, etc. That is what has been happening in Ethiopia and will continue to do so in the foreseeable future. Metropolitan Real-Estate is developing luxury and standard Apartments with a great return on investment for you and future generations.
BOTTOM LINE
Let us connect today, on Metropolitan Real estate, which has multiple ongoing projects such as The Metropolitan Tower at Bole Rwanda in front of Mamokacha cafe. Metropolitan Central Tower Luxury Apartments are around AU headquarters. Metropolitan Westview Standard Apartments is located at Total Soset Kuter Mazoriya and The Metropolitan Residence is located around Bole Main Road, In front of Mega Building. Contact us with the Ethiopian office: +251973404040 and the USA office: +1480 280 2242.
