105 luxury apartments built to international standards, with a hotel-style amenity floor (wellness center, co-working, dining), secure parking and gated management. Facade inspired by Ethiopian textile patterns.
What's been submitted and confirmed
Each line reflects what this developer provided to Real Estate Ethiopia and its evidence stage. Nothing here substitutes for your own legal check before signing.
State developer qualification certificate
Proc. 1357/2024 art. 5 requires every real-estate developer to hold a state-issued qualification / certificate of competence before developing. This is the keystone Tier-A signal.
Business / trade licence
Establishes the developer is a registered, licensed entity.
Representative identity
Identifies the accountable person acting for the company.
Building permit for this project
1357/2024 art. 7(4) bars registering customers or taking advance payment before a permit is obtained.
Urban land lease status
Land is state-owned (FDRE Const. art. 40(3)); the developer must hold a valid lease over the plot.
Building title / holding certificate
Evidence of the ownership right in the structure to be transferred (1357/2024 art. 6).
Construction completion
1357/2024 art. 7(2): units may not be transferred below 80% completion without the buyer’s express consent.
Pre-sale deposit safeguardOptional
1357/2024 art. 9 requires a blocked/joint account for advance payments — but only applies if the developer pre-sells before construction.
Property valuation on fileOptional
1357/2024 establishes a periodic (≈5-year) market-based valuation regime. A confidence signal, not a precondition to sell.
Independent document reviewOptional
Optional third-party consistency check. Not a certification and not an ownership verification.
Source documents
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