Why Temer Properties Brings Affordable Apartments to Addis Ababa

Introduction

The property market in Addis Ababa has been expanding rapidly, attracting both local and international attention. Yet, for many, homeownership in the capital still feels out of reach. In prime districts such as Sarbet  located near the African Union headquarters and surrounded by embassies, schools, and hospitals apartments are often estimated in the ETB 18–25 million range (≈ $127,000–$176,000).

Amid this landscape, Temer Properties has charted a different course. In less than a decade, the company has become a recognised name in real estate in Ethiopia by introducing apartments in highly desirable locations at prices that are, on average, 20–25% lower than comparable offerings. At its Sarbet development, modern apartments start from around ETB 15 million (≈ $106,000), significantly reshaping what buyers and investors expect in the heart of Addis Ababa.

The Market Gap in Prime Areas

Sarbet is more than just a residential address; it is one of Addis Ababa’s most prestigious neighbourhoods. The area benefits from:

• Connectivity: Direct links to major roads and transport hubs.
  
• Proximity to Institutions: The African Union, international organisations, and key embassies.
  
• Essential Services: Schools, healthcare providers, shopping centres, and recreation spaces within easy reach.
  

Such attributes naturally elevate property values. Most developers focus on high-margin projects, meaning apartments in Sarbet often fall beyond the reach of even well-off professionals. A house for sale in Addis Ababa in this zone typically comes with premiums that can place ownership out of reach for middle-income families.

Temer identified this imbalance and designed its projects to bridge the divide offering affordable apartments in Addis Ababa without compromising location, quality, or future value.

Temer’s Approach at Sarbet

The Sarbet site illustrates how Temer Properties combines affordability with strong fundamentals:

• Competitive Pricing:Apartments priced roughly 20–25% below market averages, ensuring both accessibility and demand.
• Semi-Finished Delivery: Buyers receive structurally complete units, giving them flexibility to finalise interiors based on budget and lifestyle. This approach reduces upfront costs while increasing resale potential.
• Prime Location: Situated close to international institutions, commercial hubs, and daily services, it offers the convenience of central living with long-term investment value.
• Sustainable Demand:By aligning pricing with the city’s most active buyer segment, Temer ensures rapid absorption and stable occupancy rates.

This model demonstrates that apartments in Addis Ababa can be both modern and affordable, even in highly sought-after districts.

Wider Implications for Real Estate in Ethiopia

Temer’s decision carries implications beyond one site. In a market where luxury often overshadows accessibility, the company’s strategy signals a new direction for real estate in Ethiopia. By prioritising affordability in prime zones, Temer is:

• Opening ownership to a wider demographic: Professionals, young families, and diaspora returnees can now secure apartments in Addis Ababa’s most central districts.
• Stabilising communities: Unlike speculative towers that remain empty, Temer’s developments achieve occupancy, ensuring vibrant neighbourhoods.
  
• Providing investor confidence: Competitive pricing widens the resale market and strengthens rental yields, making units attractive as commercial property in Addis Ababa and residential investment alike.

For international buyers and diaspora investors, this approach is particularly appealing. Affordable entry costs, combined with Addis Ababa’s consistent urban growth, position Temer developments as long-term, low-risk opportunities.

More than Sarbet: Other Prime Locations

While the Sarbet development is a clear example, it is not the only project. Temer Properties also has sites in other strategic parts of Addis Ababa, including Piassa, Kera, Ayat, and Kality. Each of these locations has been carefully selected for its connectivity, access to essential services, and potential for appreciation. From bustling commercial hubs to emerging residential zones, Temer ensures that buyers and investors have a range of choices that combine affordability with long-term value.

Why It Matters for Buyers and Investors

For buyers, the value proposition is clear: modern apartments in Addis Ababa’s central districts, priced significantly below prevailing benchmarks. Ownership becomes achievable without compromising access to key services or urban connectivity.

For investors, affordability provides resilience. Globally, the affordable housing segment has proven the most stable through economic cycles, driven by necessity rather than speculation. By maintaining prices 20–25% lower than competitors, Temer positions itself at the core of Addis Ababa’s strongest demand base. Units sell quickly, occupancy is high, and appreciation is reinforced by infrastructure growth in corridors such as Kality, Sarbet, and Ayat.

Closing Note

At a time when many view central Addis Ababa as out of reach, Temer Properties has redefined what is possible. Its Sarbet development proves that prime-location housing can be both accessible and investment-worthy.

 For more details on availability, visit www.temerproperties.com or call 6033 / +251 975 666 699.
 Your home in the heart of Addis Ababa may be closer than you think.

Temer Properties
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