Luxury Villa for Sale in Bole

, Addis Ababa Overview Total Area: 1300 m² Constructed Area: 400 m² Price: 220,000,000 ETB Discover 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. Features Bedrooms: 6 spacious rooms with walk-in closets Bathrooms: 5 modern bathrooms (including one with a shower box) Guest Living Room: Includes a private kitchen Living & Dining Areas: Expansive rooms with olive hardwood floors and a cozy brick fireplace Kitchen: Contemporary granite design with pantry and ample storage Balcony: Wide balcony overlooking a beautifully landscaped garden Staff Quarters: Separate quarters featuring a shower and laundry room Compound: Lovely garden with mature trees and ambient lighting Water System: 7000-liter water tank with pump Electric Supply: 380v supply plus generator Parking: Space for 15+ vehicles Road Access: Four-side cross internal asphalt roads Documentation: Owner holds a digital map certificate with clear ownership documents Investment Potential This 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 Advantages Proximity to EAL Airport: Just a 3-minute drive Nearby Amenities: Close to Saint Supermarket and major infrastructure Transportation: Easy access to various sub-cities; only a 5-minute drive to downtown Educational Institutions: Near private and public schools, colleges, and marketplaces Healthcare Facilities: Close to hospitals, clinics, and pharmacies Accessibility: Convenient access to main asphalt roads and public transport Ideal Usage Perfect for constructing mixed-use buildings or luxury apartments, with plans allowing for 13-20+ buildings. Tips for Buyers and Sellers At 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