Properties features in Eritrea
Questions and Answers for Eritrea
How much does 1 sq.m. of Eritrean real estate cost?
The housing prices in Eritrea depend on the location of the property and ranges from 611 to 1468 US dollars per square meter.
Where is the most common place to buy real estate in Eritrea?
In the capital - Asmara, and in the port of Massawa.
What is included in the package of documents required when purchasing real estate in Eritrea?
Those wishing to buy real estate in Eritrea must first verify the ownership of the property by requesting a certificate from the government. Then, they must prepare:
- original documents establishing the identity of the parties to the transaction;
- a written contract that clearly states the terms of sale;
- deed of transfer of ownership rights.
How much does it cost per year to maintain an Eritrean property?
The cost of utilities (electricity, water, garbage collection, etc.) is low: for an 85 sq. m. apartment you will have to pay about 330 US dollars per year.
