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Buyers

Worried about making a bad buying decision? Get professional advice for free.

You probably know someone, who made a bad purchase of real estate in Addis Ababa or somewhere else in Ethiopia and lost a fortune. We don’t want unlicensed brokers to fool you into making a bad purchase and send your money down the drain. Therefore, we have made a checklist to help you determine whether any offer by a “potential seller” is genuine or not.

Before you decide to buy a property, make sure that:

  • The property has a title deed and building permit can be granted
  • The property does not fall in an area zoned for urban renewal program unless you have the capacity and interest to redevelop the site in accordance with the minimum requirement
  • A significant portion of the land will not be claimed by the state for road expansions or other public projects
  • The property is free from court orders
  • The property is free from collateral blockade

After verifying the status of the property, make sure you take the following measures.

  • Submit the transaction agreement between you and the seller to the public notary to get it registered. Note that the agreement must be signed before an official.
  • Make the necessary payment to the office of the Land Administration Authority and get the transfer ensured
  • Get the transfer effected by having the Land Administration Authority put a seal at the back of the title deed

Of course, we would be glad to guide you throughout the whole process if you give us a chance to work with you. Just get in touch with us.

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