Why Is Tunisia Property The Market to Invest In?

Posted on October 20, 2008
Filed Under Africa

Tunisia is the newest emerging overseas investment property market thanks to the government’s recent decision to let foreign nationals own real estate outright. Early Tunisia property for sale investors are set to benefit.

Tunisia has long been established as a tourist destination with many direct and indirect flights from the UK and Europe it kind of makes sense to open up the real estate market to foreign nationals. It offers some of the finest pristine beaches on the Mediterranean especially for a small country. The north, particularly near Ain Draham, has large oak forests and lakes, making it feel more like Europe than Africa.

Tabarka is emerging as the flagship resort in the north of Tunisia , while the charming old port town of Bizerte is currently thinking about whether or not it wants to become a thriving tourist resort or keep its quaintness and remain a sleepy fishing town.

For more than 3000 years, Tunis, the which is the capital city of Tunisia has been one of the great cities of the Mediterranean and it still has plenty to offer.

Carthage is one of the best known of Tunisia’s archaeological sites on the outskirts of the capital. Founded in 814 BC by the Phoenicians, by the fourth century BC, Carthage had become the centre of their vast maritime empire. In 146 BC it was destroyed by the Romans who only 25 years later began rebuilding on the same site to become the 3rd largest city of the Roman empire. Today ancient ruins still remain and are a firm favourite with visiting tourists.

Here is a list of the some of the main factor attracting investors:

Established and thriving tourism market
Ranked as the 32nd most competitive economy in the world 2008
Most politically and economically stable country in all of Africa
The level of inflation is stable and low
Tunisia is receiving a good high level of DFI (Direct Foreign Investment)
Dubai’s largest property developers have just started to massive investments in Tunisia
The transportation and infrastructure is excellent
Tunisia is only 3 hours away from the UK and less than 2 hours from Europe
Tunisia has a Free Trade Agreement (FTA) with the EU
Being an emerging market in its infancy the price of property is still very low
High Rental Yields
The most stable country on the
Very cosmopolitan society
Modern thinking nation
Superb all year round good weather
Tunisia has seven international airports
New airport under construction which will be the largest in Northern Africa and scheduled for completion in 2009

In our opinion Tunisia property investment has a lot of potential and is extremely attractive and worth further investigation. New developments are about to be launched which will put Tunisia well and truly on the international property investment map.