Apartment for sale
2 Bedroom Apartment on 20th Floor
Exclusive real estate investment opportunity Ayat Real Estate 70/30 government partnership project Own a Premium 2-Bedroom Apartment in the Heart of Addis Ababa -- Kazanchis, Gibi Gebriel Discover an exceptional opportunity to own a modern 2-bedroom residential apartment in one of Addis Ababa's most strategic and desirable locations. Situated directly opposite Gibi Gebriel in Kazanchis, this project offers an opportunity to secure a valuable property in the heart of the city. Property Details - Property Type: 2-Bedroom Residential Apartment - Apartment Size: 95 SQM - Floor: 20th Floor - Price per SQM: Etb 120,175 - Total Apartment Price: Etb 11,416,625 - Initial Down Payment: 15% - Construction Period: Estimated 2.6 Years - Project Status: Currently Under Construction - Location: Kazanchis, Directly Opposite Gibi Gebriel, Addis Ababa. Understanding the 70/30 government partnership One of the distinguishing features of this development is its 70/30 partnership arrangement between Ayat Real Estate and the Ethiopian Government. The government allocated the land to Ayat Real Estate under this development agreement. Under this arrangement: - 70%: Ayat Real Estate's allocated share of the development. - 30%: The government's allocated share, which Ayat Real Estate is responsible for constructing and handing over to the government. This means the project is being developed under a government-backed land partnership framework, with clearly allocated responsibilities between the two parties. Flexible payment plan The payment structure is designed to make property ownership more accessible and manageable. - 15% Initial Payment: Payable upon signing the sales agreement. - 85% Remaining Balance: Paid progressively in line with the actual construction progress. Instead of paying the entire property price upfront, buyers can spread their payments throughout the estimated construction period of 2.6 years. WHY invest in this property? 1. Prime Central Location Kazanchis is one of Addis Ababa's important business and commercial districts. Its strategic location offers convenient access to major business centers, hotels, commercial facilities, and essential urban services. 2. Elevated Living Experience Situated on the 20th floor, the apartment offers the potential for beautiful city views, increased privacy, and a distinctive residential experience. 3. Spacious Two-Bedroom Layout With 95 SQM of living space and two bedrooms, the apartment provides a practical option for families, professionals, and individuals seeking comfortable urban living. 4. Long-Term Investment Potential Properties in strategic central locations can offer opportunities for future rental income and capital appreciation as urban development and demand continue to grow. Actual returns, however, depend on market conditions. 5. Manageable Initial Investment With only 15% required as an initial payment, you can secure your apartment without having to pay the full amount immediately. 6. Structured Development Partnership The 70/30 government partnership provides a defined development and allocation framework between Ayat Real Estate and the government. A property for today and an investment for tomorrow Buying real estate is more than simply purchasing a place to live. It is about securing an asset, planning for your future, and creating opportunities for financial growth. Whether you are looking for a comfortable home for your family or a long-term real estate investment, this 2-bedroom apartment in Kazanchis deserves your attention. Don't miss the opportunity to own a property in one of Addis Ababa's most strategic locations. For more information & site visits Phone / WhatsApp: +251 904 787 634 Metadel Properties Your Trusted Real Estate Connection.
