4 Bed Investment Apartment for Sale in Figa East Gate, Addis Ababa ፊጋ

4 Bed Investment Apartment for Sale in Figa East Gate, Addis Ababa

Overview Betoch dot et presents an exclusive real estate opportunity in one of Addis Ababa’s most rapidly developing residential corridors. Situated on the first floor of a modern G+5 building within the East Gate compound at Noah Real Estate (Figa area), this twin unit apartment offers low-density living with only two residences per floor. Whether you are seeking a move-in-ready home or a high-yielding real estate asset, this property balances private urban living with proven financial returns.

Property Specifications and Layout

• Total Space: 155 square meters gross area (140 square meters net floor plan).

• Bedrooms: 4 spacious bedrooms, including a bright Master Suite.

• Bathrooms: 2 fully fitted bathrooms, with the main bathroom featuring full floor-to-ceiling tiling, a bathtub, a separate shower assembly, and a vanity unit.

• Additional Rooms: Dedicated laundry room, maid's quarters, and a store room.

Interior Design and Finishes

• Living Areas: Expansive open living room featuring polished ceramic and porcelain floor tiles, recessed LED ceiling lights, detailed gypsum molding, wall sconces, and a central chandelier.

• Dining Space: Outfitted with custom cabinetry, display shelves, and detailed wall finishes.

• Bedrooms: Finished with warm, wood-style parquet flooring and large windows allowing ample daytime light.

• Security and Balcony: Private glass balcony providing natural airflow, and a heavy-duty decorative steel security gate installed over the main entrance.

Compound Infrastructure and Amenities

• Onsite Management: 24/7 security personnel and full compound management.

• Power and Water: High-capacity backup generator paired with a large-volume water storage tanker and independent groundwater system.

• Parking: 2 dedicated, secure parking spaces reserved per unit.

• Note: The high-speed building elevator is currently undergoing standard maintenance.

Location and Neighborhood Highlights

• Accessibility: Situated steps away from main asphalt access roads, offering immediate connectivity across the city.

• Transport: A 5-minute drive to Bole International Airport.

• Surrounding Area: Surrounded by international NGO compounds, premier private schools, healthcare centers, and local commercial hubs including Saint Supermarket.

Investment Metrics and Financial Terms

• Asking Price: 20 Million ETB per unit (slightly negotiable).

• Current Cash Flow: Generates an immediate rental income of 120,000 ETB per month.

• Financing Options: Fully eligible for bank loan financing and structured mortgages.

• Legal Guarantee: Complete title deed (ካርታ) verification with legal ownership transfers executed through the Documents Authentication and Registration Service (DARO).

• Service Fee: Standard 2% brokerage fee applies to both buyer and seller upon transaction closing.

Contact and Booking Information

To schedule a private viewing or inquire about purchase terms:

• Phone / WhatsApp: +251 911 08 40 39  

• Web Portals: www.betoch.et | www.megebeyaya.com

• Additional Services: Adera Delivery service available via 0932 515151 / 0997 232323