Buy a Commercial Shop with Temer’s 1% Monthly Payment Plan
Looking for shops for sale with a payment plan? Temer Properties offers a structured purchase schedule for commercial shops at Gelan Commercial, Ajwa Shop and City Plus: pay 25% at contract signing, followed by 1% of the total agreement price each month for 24 months. The remaining 51% is payable at specified construction and handover milestones.
For business owners planning a new location, entrepreneurs preparing to expand, or buyers considering commercial property in Addis Ababa, this campaign provides a clear schedule for planning a shop purchase. It also offers two upfront-payment discount options for qualifying purchases.
How does the 1% monthly shop payment plan work?
The monthly installment is 1% of the total agreement price, paid for 24 consecutive months. These installments cover 24% of the price. Together with the 25% advance payment, they account for 49%; the other 51% is linked to shop construction and delivery milestones.
Payment stage | Share of total agreement price |
Advance payment at contract signing | 25% |
Monthly installments: 1% × 24 months | 24% |
Completion of the shop floors structure | 10% |
Completion of ceramic work | 10% |
Completion of aluminium work | 10% |
Delivery / handover of the shop | 21% |
Total | 100% |
The milestone payments are additional to the monthly installments. Ask for the project’s expected milestone dates and your written payment schedule so you can plan for both. The 24-month installment period does not, by itself, state a guaranteed handover date.
Example: a shop with an agreement price of ETB 5,000,000
For illustration, a shop with a total agreement price of ETB 5,000,000 would have the following standard payment schedule. This example explains the calculation; it is not a listing or a quotation for an available shop.
Payment | Illustrative amount |
25% advance payment | ETB 1,250,000 |
1% monthly installment | ETB 50,000 each month |
10% on completion of floors structure | ETB 500,000 |
10% on completion of ceramic work | ETB 500,000 |
10% on completion of aluminium work | ETB 500,000 |
21% at delivery / handover | ETB 1,050,000 |
Which shops are covered by this campaign?
The 1% payment schedule and the discount structure apply exclusively to commercial shops at these three Temer Properties sites:
- Gelan Commercial
- Ajwa Shop
- City Plus
- Piassa
Ask our sales team for available units, floor plans, shop sizes, current agreement prices and the exact site location. The campaign does not apply to apartments or shops at other Temer projects.
What upfront-payment discounts are available?
Buyers can choose between two qualifying upfront-payment options when signing the sales agreement. Each option uses a different discount calculation.
Option | Upfront-payment requirement | Discount basis | Minimum total agreement price before discount |
Option A | 100% of total price upfront | 30% of total agreement price | ETB 2,500,000 |
Option B | 50% of total price upfront | 15% of the amount paid upfront | ETB 5,000,000 |
Option A: 30% discount on the total agreement price
For shops with a total agreement price of at least ETB 2,500,000, the 100% upfront-payment option grants a 30% discount on the total agreement price. The effective price is therefore 70% of the original agreement price.
For example, at an original agreement price of ETB 5,000,000, the discount is ETB 1,500,000 and the net effective price is ETB 3,500,000. Ask our sales team to confirm how the upfront payment and discount are recorded in your contract.
Option B: 15% discount on the amount paid upfront
For shops with a total agreement price of at least ETB 5,000,000, paying 50% upfront qualifies for a 15% discount calculated on that upfront amount. This is equivalent to 7.5% of the total agreement price.
At an agreement price of ETB 5,000,000, the 50% advance is ETB 2,500,000. The discount is 15% of ETB 2,500,000, or ETB 375,000, bringing the net effective price to ETB 4,625,000. Confirm the remaining payment schedule with the sales and contract team.
The minimum thresholds refer to the total agreement price before discount. A discount is granted only once per shop per agreement. Request a written quotation showing your selected option and the applicable payment schedule.
Frequently asked questions
Is 1% the down payment?
No. The standard advance payment is 25% at contract signing. The 1% refers to each monthly installment for 24 months.
Does paying 1% monthly for 24 months cover the full shop price?
No. The monthly installments cover 24%. You also pay 25% at signing and the remaining 51% at the specified construction and handover milestones.
Can milestone payments become due during the installment period?
The campaign links those payments to construction milestones and does not state that they wait until all 24 installments are completed. Confirm the timing in your sales agreement and plan for these additional payments.
Can I use this plan to buy an apartment?
No. This campaign is exclusively for commercial shops at Gelan Commercial, Ajwa Shop and City Plus.
Does Option B give me 15% off the total shop price?
No. Option B gives 15% off the 50% upfront amount, equivalent to 7.5% of the total agreement price. The minimum total agreement price is ETB 5,000,000 before discount.
What if the shop price is below ETB 2,500,000?
Neither discount option applies below ETB 2,500,000. Shops priced from ETB 2,500,000 to below ETB 5,000,000 qualify only for Option A; shops at ETB 5,000,000 or above qualify for either option when the corresponding upfront-payment requirement is met.
Is this a 1% interest-rate offer?
The 1% is an installment percentage of the total agreement price. The campaign document does not describe it as an interest rate or state an interest-free financing promise.
