If you do not wish to run a business yourself, leasing out a commercial condominium shop offers a steady, inflation-resistant passive income stream. Commercial rental yields in established sites like Gotera, Crown, or Ayat remain robust due to space scarcity. Ensure any lease agreement you sign is legally registered at the sub-city land management bureau to protect your property rights.
If a typo exists between your ID and the newspaper printing, immediately file a rectification request at the central Housing Bureau headquarters before proceeding to the bank.
Purchasing a condominium shop through the Addis Ababa City Administration housing raffle is a major milestone for business owners and investors. The official announcement of the winners is traditionally published in the Addis Lisan newspaper, the prominent Amharic-language public outlet of the city administration. addis lisan newspaper condominium shop winners
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While live broadcasts cover the event, the legally binding, definitive list of winners is exclusively published in the print and digital editions of the Addis Lisan newspaper . If you do not wish to run a
Units are situated in high-density residential areas, providing a built-in customer base.
Winners must visit the designated Addis Ababa Housing Development and Administration Agency office, typically within 15 to 30 days of publication. If a typo exists between your ID and
Over 146,892 residents were included in this specific lottery pool. Commercial Shop Auctions
[Step 1: Verify on Addis Lisan / Official PDFs] │ ▼ [Step 2: Gather Required Documentation (ID, Marriage Cert, Tax Reg)] │ ▼ [Step 3: Visit the Housing Agency Branch within 15–30 Days] │ ▼ [Step 4: Complete Down Payment or Present Bank Financing] │ ▼ [Step 5: Sign Lease/Ownership Contract & Collect Keys]
The most recent major housing and shop transfer activity took place during the (and associated 40/60 and 20/80 schemes), where thousands of units were transitioned to winners. Commercial shops, often located on the ground floors of these complexes, are frequently awarded through a high-bid auction system rather than a standard lottery.
for official announcements regarding commercial shop winners and contract execution details. Addis Lisan Archive : You can visit the Addis Lissan Newspaper Office