Tunisia’s emerging real estate opportunities are quietly making an impact, as growing numbers of buyers begin to discover the attractions of this truly unique market. Having been relatively overlooked in the few years the market has been open to foreign investment, Tunisia features fantastic potential to attract huge demand in the near future.

The hidden gem of North Africa managed to withhold from mass international demand while the domestic market developed and stabilised. Prior to allowing foreign property investors to enter the market, the Tunisian government created a regulation to ensure a minimum of 75% domestic home ownership in the country. The current position of private home ownership in Tunisia is remarkably now the highest in the world.

Avoiding the domestic sector from being priced out of the market, Tunisian real estate now presents a unique emerging market with internal stability prepared for high growth. Exceptionally low priced property is generating strong capital growth returns with year-round rental potential. Buy-to-let investors are taking an interest, as the rise in tourism shows mass market opportunities. Attracted to the Mediterranean features, five-star resort towns, stunning beaches and diverse cultural aspects, Tunisian tourism is gaining credibility to the ever expanding market. (more…)

Tunisia, North Africa’s smallest nation, may not be so much under attention as Morocco and Egypt in the current property press, but it is about to make a big impact.

Property prices are as low as Morocco was five years ago and an advantage is that unlike destinations like Brazil and other distant investment hotspots, Tunisia is close enough and a good investment too. It is only three hourse flight from London.

Tunisia is just south of Italy’s Sardinia and it has unbelievably 1,400km of Mediterranean coastline. The sandy beaches host an infrastructure of hotels, international airports, boutiques and marinas.

As tourism becomes more important, leisure facilities are showing up at a significant rate, particularly around the resorts of Hammamet and Monastir. Tunisia now boasts six golf courses, international diving centres and many yachting clubs.

Further golf courses and marinas are to come together with world-class sporting academies, Olympic grade facilities, business and leisure hubs and more residential units and hotel beds. With such a broad offer it is rare that it is not seen as a property investment hotspot. Why? Currently, the Government prevented foreigners from owning Tunisian property if the national home ownership was below 80 percent, which isa figure even higher than in the UK. This was to stop foreigners pricing the Tunisians out of their own market.

Now this has been achieved some nationalities are welcome to purchase the benefit is that the affluent home-owning Tunisians have now an exit strategy. Similarly, with the purchasing power to take regular holidays within their own country, Tunisians, plus neighbouring Algerians, will also boost rental occupancy.