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The Addis Ababa Housing Agency in its attempt to help ease the housing shortage has taken it upon itself to build these condominiums throughout the city.
Since the popularity of these condominiums has risen, the Addis Ababa Housing Agency is now offering them through a lottery. One has to register and wait till their names are released in the Addis Ababa Housing Agency condominium winners list.
The number of people on the waiting list is massive, which explains the popularity of Ethiopian condominiums. Condominiums are now generally considered a great investment in Ethiopia. One can buy or lease the condominium, instead of having their cash sit in a bank with low interest payments.
These condos are also easily rented out, which can provide a nice supplementary income. The planned construction of these edifices, is not going to slow down, in fact, there is talk that the Housing Agency plans to build a lot more than previously stated.
The following are the complete list of names and other relevant information for the winners of the Ethiopian condominium lottery. Good Luck!
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