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What You Need to Know Before Renting ?

Introduction:

Renting an apartment in Addis Ababa can be exciting, but it’s important to be prepared. Here’s what you should know before signing a lease:

1. Location Matters:
Choose a neighborhood that fits your lifestyle and budget. Areas like Bole, Sarbet, and CMC are popular for their accessibility and amenities.

2. Budget Carefully:
Rental prices vary widely. Always consider additional costs such as utilities, maintenance fees, and sometimes service charges.

3. Understand Lease Terms:
Read the contract carefully. Pay attention to payment schedules, security deposit requirements, notice periods, and maintenance responsibilities.

4. Inspect the Property:
Visit the apartment in person. Check water availability, electricity reliability, internet connection, and general building maintenance.

5. Negotiate Wisely:
In Addis Ababa, rent prices are often negotiable, especially for longer lease periods. Don’t hesitate to discuss terms with the landlord.

6. Verify Ownership:
Make sure you are dealing with the rightful owner or a licensed agent to avoid future legal complications.

Conclusion:
By doing proper research and asking the right questions, you can secure a comfortable and affordable apartment in Addis Ababa with confidence.

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Get in touch with us today to explore current apartment listings, market trends, and personalized guidance for your investment journey in Ethiopia.

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