Real Estate In Ethiopia: Invest In Their Cheapest Emerging Market
Ethiopia is considered as one of Africa’s fastest emerging economies with a GDP of 10% over the last 10 years. The growth is mainly due to the government’s spending on infrastructure development. Moreover, the retail market is big due to the country’s huge population but remains untapped by foreign retailers, making it an attractive region in the continent to start commercial investments.
If you’re planning to invest in Ethiopia’s developing commercial real estate today, here are the facts:
- Office prime rents are at $25 per square meter a month with a yield of 6%
- Retail prime rents stand at $33 per square meter a month with a yield of 6%
- Industrial prime rents are at $7.50 per square meter a month with a yield of 10%
And here at AMS Africa, we can help you acquire an ideal property investment that will generate the similar yields above with a huge potential for value growth.