CLEAN : Taste for luxury Ethiopias new elite spur housing boom

The video discusses the development of a prime location, likened to a 'little Manhattan', highlighting its appeal to upper-middle and upper-class clients. Initially, the area attracted international clients, but local demand has surged as the economy improved. The demand for luxury real estate is high, with properties priced over 7 million being particularly sought after. Despite no advertising, there is a significant backlog of potential buyers, indicating a strong market for high-end properties.

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