Ethiopia - Purchase a Property

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Procedure

Apply In-Person:

1. Before purchasing a property, the individual has to obtain property tax statement from the Tax authority of Ethiopia contact link
2. Tax certificate is a part of the application at the Land registry based on national requirement of Law ACT.
3. After negotiations and agreement is made in terms of contract, the buyer should pay the promised amount to the seller.
4. Buyer has to register the property document at the Real Estate Registry Link
5. The buyer must pay the registration fee of 10,000 Birr at the registration office.
6. After the registration process is over, a site inspection is done by the respective surveying authority.
7. After surveying is done, the land measurement department measures the property and provides a certificate for measurements.
8. After all the above-mentioned procedures are over, the buyer gets a legal document of the property under their name.
9. The process will be completed within 3-4 business months.
   

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Required Documents

The following are the documents required for the process to get completed:

• Planning permission
• Building License
• Furniture pack and rental guarantee option
• In case of purchase of land, the owner will handle the contract and renewing of a 99-year lease to the buyer and for this service, the vendor pays 5% of the value of the contract when purchased.
  

Office Locations & Contacts

Location: Addis Ababa
Address: Ministry of Urban Development Housing and Construction, Addis Ababa, Ethiopia
Contact: +251115531688
Contact link

Eligibility

• Buyer must have an Ethiopian citizenship. (both resident and non-residents).
• Buyer must have Ethiopian origin (Ethiopian parents).
• If a foreigner wishes to buy a property in Ethiopia, they must have an entry visa in Ethiopia.
• The land must have already been registered with the Government of Ethiopia.
  

Fees

• Fee for registration is 10,000 Birr
• Fee for buying the property depends upon the agreement between the buyer and the seller.
  

Validity

The document is valid forever. It is a one-time registration process.

Documents to Use

Further details about registration of a property after purchasing is available in the following Link

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

Processing will be completed within 3-4 months.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• The buyer must get an official statement of property tax from the Property tax authority office.
• Buyers must pay an extra fee known as “Buyers Commission”.
• The buyer must have a good Ethiopian lawyer at each stage of purchasing process.
• If a foreigner needs to purchase a property, they must have an entry visa.
• Once after purchasing, the buyer can sell the property to whomever they wish for.
  

Required Information

• Terms and conditions that are related to the payment for purchasing the property.
• Confirmation from the Real Estate Registry states that the property was registered
  

Need for the Document

• For buying a property “Off plan” or under construction property which will be usually expensive.
• For buying an old property from new development.
• If purchasing is from different parts of Ethiopia, the buyer can negotiation on the property price.
  

Information which might help

• A foreigner can purchase a property if he is an investor.
• The foreigner can only purchase a property under the name of his company.
  

Other uses of the Document/Certificate

• This document can act as a mode of investment for the buyer.
• This document adds a value to the buyer’s net worth.
  

External Links

External link

Others

More information that might help