Addis Life Real Estate PLC Review in 2024 (In-Depth)

Addis Life Real Estate Review

Addis Life Real Estate PLC Review.

Nestled in the heart of Africa’s bustling capital, Addis Ababa, Addis Life Real Estate PLC (ALRE) is excited to carve a niche for itself in the luxurious market of real estate.

Continuously providing outstanding services to existing clients over the years, the company is building up REAL success achievements thus far — As they look to the future.

The company boasts a reputation for exceptional residential and commercial properties. Plus they are ready to introduce a world of real estate services in Ethiopia with innovation and customer satisfaction set in place.

So whether you are seeking your dream home, commercial space, or a profitable investment opportunity, we are here to guide you every step of the way in our review of the Addis Life Real Estate PLC.

Addis Life Real Estate PLC Contact Information

Contact Information of Addis Life Real Estate PLC:

About Addis Life Real Estate PLC Background

Addis Life Real Estate PLC Homepage

Addis Life Real Estate PLC is a Luxury residential and commercial properties developer in Ethiopia. With its office headquartered in Addis Ababa, the company has quickly made a name for itself in the competitive market of real estate.

It was established in 2019 GC with long years of experience in the construction industry with its sister company Ruh International Trading PLC (manufacturing plant in Sululta for the production of construction chemicals and building materials).

The company, now, is building genuine connections with its home buying customers and other business partners in the industry with the core objective of providing luxury residential apartments and commercial spaces for sales and for rents. 

As it is new in the market, Addis Life Real Estate is getting all the experience from its sister company, which has a strong foundation in building materials and construction techniques. This combination ensures a high-quality apartment project standards.

In short, the company has acquired huge success in the past years, including having a variety of properties right in front of the African Union, around Canada Embassy and Bulgaria. This and other growths are expanding their portfolio.

Projects and Apartments by Addis Life Real Estate PLC

Addis life offers stunning residential apartments and commercial units like modern offices with exceptional architectural designs in their portfolio. This will create a quality urban lifestyle and stronger communities that cater to a discerning taste. 

Residents can expect top-of-the-line amenities, colorful living spaces, breathtaking views of the city, fitness center, ample parking, a generator for uninterrupted power supply, and a 24-hour secure living environment for their spacious and elegantly dream home.

Since ALRE provides strategically located commercial office spaces, designed to enhance productivity and create a professional atmosphere, entrepreneurs and businesses will find it equally impressive.  

Let’s get into the details of the four Addis Life Real Estate PLC projects: 

Project 1: African Union TOWER 1 (Right in Front of AU)

Addis Life Real Estate Project 1: African Union TOWER 1 (Right in Front of AU)

The African Union TOWER 1 project located in front of African Union Headquarter offers luxurious and modern apartments to ensure a refreshing living experience and comfort as it comes with a natural ventilation system.

Sited at the area of 1134 meter square, the apartment boasts breathtaking views of the surrounding landscape of the African Union. The best thing is it is 98% finished (almost!), and is available for sale or rental for both residential and commercial use.

Designed with luxury in mind, these cozy apartments (Type A=210m2, Type B=187 m2, Type C=155 m2, Type D=120 m2, and Type E=122m2) feature high-end finishes, and offer charming interior and an unbeatable location.

Details of Apartment Amenities:

  • Fire alarm
  • Ground water
  • Fitness Center
  • Water Reserve Tankers
  • Security Cameras
  • 24-hrs maintenance service
  • One large staircase in each block
  • 3-Elevator per block
  • 24-hrs Reception service
  • Garbage chute
  • Parking space
  • Generator

Project 2: African Union TOWER 2 (Right in Front of AU)

Addis Life Real Estate Project 2: African Union TOWER 2 (Right in Front of AU)

The African Union TOWER 2 project located in front of African Union Headquarter, again, offers luxurious and modern apartments to ensure a refreshing living experience and comfort as it comes with a natural ventilation system.

Sited at the area of 600 meter square, the apartment boasts breathtaking views of the surrounding landscape of the African Union. The best thing is it is available for Mixed Use for both residential and commercial. However, the construction Progress is only completed virtually.

Designed with luxury in mind, these cozy apartments (their Types yet to be announced in coming soon) features high-end finishes, and offers charming interior and an unbeatable location.

Details of Apartment Amenities:

  • Fire Alarm
  • Parking space
  • Garbage chute
  • Security Cameras
  • Water Reserve Tankers
  • One large staircase in each block
  • 24-hrs Reception service
  • 24-hrs maintenance service
  • 3-Elevator per block
  • Fitness Center
  • Ground water
  • Generator

Project 3: Vatican TOWER (Vatican, behind Canadian Embassy)

Addis Life Real Estate Project 3: Vatican TOWER (Vatican, behind Canadian Embassy)

The Vatican TOWER project located behind the Canadian Embassy offers a calm and breezy neighborhood. It is a perfect choice for those seeking a peaceful place to call home as they are able to retreat from the hustle and bustle of the city.

Sited at the area of 880 meter square at Vatican, Sarbet, just a far away from Bisrate Gebreal and other local amenities. The place is where diasporas reside, so you’ll expect it to keep its quiet and peaceful atmosphere. 

Beyond given types per floor by partitions (Type A=210m2, Type B=208m2, Type C= 203m2, and Type D=200m2), the apartment contains traditional kitchens, which is rare by some other real estate developer companies. 

Plus the apartment building status is regarded as both for sale and rental, and its construction progress is 35% so far. Note that the above 4 of the typologies has 3 bedrooms accompanied by a maid’s room + bathroom.

Details of Apartment Amenities:

  • Fire Alarm
  • Garbage chute
  • Water Reserve Tankers
  • Security Cameras
  • 24-hrs maintenance service
  • Fitness Center 3-Elevator per block
  • One large staircase in each block
  • 24-hrs Reception service
  • Ground water
  • Parking space
  • Generator

Project 4: Bulgaria TOWER (Bulgaria, Behind International Clinical Laboratories) 

Addis Life Real Estate Project 4: Bulgaria TOWER (Bulgaria, Behind International Clinical Laboratories)

Sited at the area of 1670 meter square, the Bulgaria TOWER project located behind International Clinical Laboratories offers a convenient, sustainable, and accessible living location that is just far away from the Ethiopian Airport or Bole. 

This is an ideal choice for travelers or locals alike who seek residential or commercial spaces that are close to all the downtown activities. Mind that the apartment typologies of this project are not notified yet or will soon, plus it is only completed in virtual-mode.

Details of Apartment Amenities:

  • Fire Alarm
  • Ground water
  • Fitness Center
  • Security Cameras
  • Water Reserve Tankers
  • 3-Elevator per block
  • 24-hrs maintenance service
  • One large staircase in each block
  • 24-hrs Reception service
  • Garbage chute
  • Parking space
  • Generator

Pros and Cons of Addis Life Real Estate PLC

Pros:

  • Customer Focus: Emphasis on strong customer satisfaction shines through their commitment to transparency and personalized focus. They say “Our clients are at the heart of everything we do.We prioritize your satisfaction.”
  • Experienced Team: By leveraging the expertise of its sister company, it ensures a top-notch construction practices, insights, guidance, and the use of premium materials to make informed decisions.
  • Prime Locations: ALRE’s focus on desirable areas in Addis Ababa (like the African Union is one key area) offers residents and businesses convenient access to accessible amenities and attractions.
  • Luxury Living: Their commitment to luxury translates to high-quality real estate finishes, modern spaces, and a focus on creating an exceptional living experience for anyone who wants to buy a home.

Cons:

  • Few Brand Recognition: While the website of Addis Life Real Estate provides a good overview, well disseminated brand recognition through the country on project information and apartment listings are somewhat lacking.
  • Relatively New Company: In comparison, the company has shorter track record. One might think this . However, this won’t be a big deal because they’re dedicated to personalized approach and ethical business practices not to give some potential clients a pause.

Prizes and Achievements dedicated to Addis Life Real Estate PLC

Prizes and Achievements by Addis Life Real Estate PLC

As a company, Addis Life Real Estate PLC, by taking the time to understand your unique requirements, preferences, and goals, offers stunning residential and commercial units with exceptional architectural design.

Their properties feature offices and colorful living spaces that are best in modern living, with top-of-the-line amenities including uninterrupted power supply generator, 24-hour security, fitness center, ample parking, etc, — creating a quality urban lifestyle and stronger communities. 

Sure information about specific awards for ALRE is not readily available online. However, their positive customer reviews and continued growth within the competitive Addis Ababa real estate market suggest a company on the rise.

Customer Reviews and Feedback

Valuing integrity, honesty, transparency, professionalism, and customer satisfaction, Addis Life Real Estate PLC is consistently receiving positive feedback from its clients which inspires it’s team to work tirelessly to provide exceptional living experiences.

By understanding that the real estate industry is constantly evolving, they embrace innovation and use the latest technology, resources, and tools to enhance their services and stay at the front of the industry and adapt to these changes.

In fact, client testimonials highlight their focus on well-maintained quality homes, excellent security features, and professional management team. In return, Addis Life Real Estate’s are constantly seeking out new ways to improve their properties.

Overall Judge:

Overall, Addis Life Real Estate is a company that offers a variety of services related to real estate in downtown Addis Ababa through specializing in residential and commercial properties, property management, and property development. 

For residential properties, the company provides apartments at prime locations like in front of the African Union. And for commercial properties, its shift focuses on renting out and selling office spaces that provide to the needs of businesses.

By focusing on prime locations, quality construction, and exceptional customer services for those seeking luxury living or strategic commercial space in Addis Ababa, Ethiopia,  it positions them as a strong contender in the market.

They present as a company: “We look forward to continuing to grow and improve as a company, while always keeping our clients’ needs at the forefront of everything we do.”

Ultimately, the decision rests with you. But from my experience, for those seeking a luxurious and convenient living or work environment in the heart of Addis Ababa, Addis Life Real Estate is definitely worth considering in 2024.

For more, if you want the best deal, affordable price, as well as the best real estate location, call me by the phone +251948879335 or send me a message by the email onlinemoneyspinner.com@gmail.com — as I’m the best Real Estate Agent in Addis Ababa, Ethiopia.

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