, Addis AbabaOverviewTotal Area: 1300 m²Constructed Area: 400 m²Price: 220,000,000 ETBDiscover this exquisite stone-carved villa located in the prestigious Bole area, near the Rwanda Embassy. Having been occupied by an embassy ambassador for over 12 years, this property offers unparalleled comfort, security, and convenience.FeaturesBedrooms: 6 spacious rooms with walk-in closetsBathrooms: 5 modern bathrooms (including one with a shower box)Guest Living Room: Includes a private kitchenLiving & Dining Areas: Expansive rooms with olive hardwood floors and a cozy brick fireplaceKitchen: Contemporary granite design with pantry and ample storageBalcony: Wide balcony overlooking a beautifully landscaped gardenStaff Quarters: Separate quarters featuring a shower and laundry roomCompound: Lovely garden with mature trees and ambient lightingWater System: 7000-liter water tank with pumpElectric Supply: 380v supply plus generatorParking: Space for 15+ vehiclesRoad Access: Four-side cross internal asphalt roadsDocumentation: Owner holds a digital map certificate with clear ownership documentsInvestment PotentialThis villa is situated in one of Addis Ababa's most valuable and rapidly developing neighborhoods. It presents significant potential for high returns, thanks to its prime location and ongoing urban development. Currently generating a lease income of 580,000 ETB per month, this property is ideal for both residential and investment purposes.Location AdvantagesProximity to EAL Airport: Just a 3-minute driveNearby Amenities: Close to Saint Supermarket and major infrastructureTransportation: Easy access to various sub-cities; only a 5-minute drive to downtownEducational Institutions: Near private and public schools, colleges, and marketplacesHealthcare Facilities: Close to hospitals, clinics, and pharmaciesAccessibility: Convenient access to main asphalt roads and public transportIdeal UsagePerfect for constructing mixed-use buildings or luxury apartments, with plans allowing for 13-20+ buildings.Tips for Buyers and SellersAt Adera Property and Asset Management, we are committed to ensuring seamless transactions. Here are essential tips for a successful sale agreement:Clear Communication: Articulate all terms in the agreement.Due Diligence: Conduct thorough checks on the property and involved parties.Legal Compliance: Ensure the agreement meets local regulations.Contingencies: Define conditions under which the agreement can be voided.Record Keeping: Maintain copies of all communications and agreements.Our dedicated team is here to assist you in managing and growing your assets while ensuring a smooth and efficient transaction. Trust Adera Property and Asset Management for all your property needs in Ethiopia!BT: 4
Selling