Eritrea

Properties for sale in Eritrea

Eritrea is a North-Eastern African country on the Red Sea coast, bordering Ethiopia, Sudan and Djibouti. The capital is Asmara.

Eritrea remains one of the poorest countries in the world, so the real estate market is difficult and finding property for sale in Eritrea is a daunting task.

There are no official estimates available that detect the number of real estate transactions at the real estate registration agency and this makes it even more difficult to find property for sale in Eritrea.

Eritrea's financial system is also considered underdeveloped, with a limited supply of financial services.

What makes it even more difficult to search for property for sale in Eritrea is also a law that gives the state all rights to property and this creates a serious obstacle for the real estate market.

However, if you are willing to invest in property for sale in Eritrea, the best city to do it is the capital.

Asmara is a city where there is a lot of Italian presence. , has also become a UNESCO World Heritage Site and has a unique architectural style that seems to have stood still in the 1930s. Two other cities where you can invest in property for sale are Filfil and Keren.