Aser Real Estate Review in 2024 (In-Depth Guide)

Aser Real Estate Review

Aser Real Estate Review in 2024.

With a strong vision, Aser Real Estate is one of the leading companies in Addis Ababa, Ethiopia, particularly in the real estate industry sector. They are building a name for themselves to deliver construction work that meets the interests of their clients to the best of its level.

From the beginning, the company mission focuses on real estate development, aiming to address Addis Ababa city’s growing housing needs and enhance living standards beyond the sale with pretty much reasonable prices.

Through manipulating construction designs that significantly address issues of sustainability in terms of energy efficiency and environmentally friendly, Aser Real estate was established with the objective of playing its part in extensive developmental activities in the country.

In this blog post, we’ll be exploring their background, projects, potential customer reviews, and overall reputation if they really enhance the development of the country’s accumulating and construction sectors by way of using their years of utmost knowledge.

Aser Real Estate Contact Information:

What is the contact information of Aser Real Estate? Here’s the contact information of Aser Real Estate:

  • Website:
  • Telephone (Mobile Phone Number): +251911201247, or +25193010 03 04 (Mobile)
  • Email Address:
  • Physical Address (Main Office): 22 Square, Beza Building 3rd floor, 302, Bole, Addis Ababa, Ethiopia

About Aser Real Estate Background History

Aser Real Estate Homepage

Aser Real Estate was founded in 2000 with a clear mission of targeting the fact that housing is one of the basic necessities for human survival even though it remains as a critical problem for most of the cities in Ethiopia for quite a long span of periods.

What’s more is that at that time the major predominant concern manifested was high home ownership costs, negotiation with real estate agents of Ethiopia, plus lack of secured land access. The third problem being financial capacity to build dwelling houses that are able to fulfill the standard of the regulation.

The aforementioned prevalent problems in the country are among the fundamental reasons for any real estate company’s objective establishment of provision of finished housing and other construction projects with an affordable price distinguished from others.

To alleviate such housing shortage and improve the city’s overall living conditions, Aser Real Estate was born to acknowledge the city’s significant backlog and the substandard living conditions faced by many local residents. Their approach involves constructing high-quality residences with necessary amenities.

Rapid rising of the construction materials cost also plays their part in the negative ways, the company is also tackling such obstacles aiming to contribute to the city’s beautification and economic growth. Now, they use proven technologies that are sustainable building designs on its projects.

Projects and Apartments by Aser Real Estate:

Currently, Aser Real Estate undertakes the construction of various buildings that serve for different purposes like residential houses, villas, offices, apartments and shopping-malls of its own design and delivered to its clients at an affordable price.

The developed apartment complexes come with top-class quality that compromise the standard required by the urban citizens. Mind that their construction works are executed on a plot of land earned on lease agreement, for 99 years at different locations.

If you’re interested in learning more about Aser real estate’s focus projects and available apartments, based on information available in their websites, we’re about to give you specific details regarding completed or ongoing projects.

1. Project: Aser Site Villas.

Aser Real Estate 1. Project: Aser Site Villas.

The Aser Site Villas is a 500 meter square, and G+1 with service quarter project that comes with cool air, spectacular view, and most importantly safe to live site. That’s what they do just for you.

2. Project: Yeka View Aser Apartment.

The Yeka View Aser Apartment is a G+12 Building 3 bedrooms 140 m2, 2 bedrooms 123 m2, studio 57 m2, and 2 apartments per floor project that comes with a delivery time of 18 months.

3. Project: Happy Home Apartments (Gurd Shola Site).

Aser Real Estate 3. Project: Happy Home Apartments (Gurd Shola Site).

Located at Gurd Shola (Megenagna Area), the Happy Home Apartments is a G+13 Apartment building, 2 apartments per floor, 174 meter square, and 4 bedroom luxurious apartment project.

It is a deluxe, modern, and perfect city apartment found at the heart of one of Addis Ababa’s areas. Most of all it is going to be an ultimate choice for you and your family, and an ideal place both to live and make business at once in a single site.

Details of Apartment Amenities & Facilities:

  • A balcony
  • Two bathrooms
  • Only two houses per floor
  • Ground plus 13 Apartments
  • Community room on the 13th floor
  • One living room with dining room and kitchen
  • 3 levels of parking in the basement
  • Total built up area 174
  • 1 maid room with Shower
  • Three bedrooms
  • Parking Space

Details of Apartment Payment Plan Terms:

The construction sectors nowadays are not merely demanded to satisfy the number of buildings just being built. Companies need to considerably look for solutions of the aforementioned problems, and manipulate technologies that have been proven sustainable in the sectors.

When it comes to the practicability of the green sustainable building designs that enables us to address the issue of energy efficiency, sustainability, eco-friendly, etc., Aser real estate found out a range of issues to be fleshed out to highly compromise and make it affordable to you.

So yeah, if you’re ready to buy an apartment from Aser Real Estate, you’re expected to pay a down payment of 20% during signing the contract, 14% (1st payment) 4 months after the down payment, 14% (2nd payment) 4 months after the 1st payment, 14% (3rd payment) 4 months after the 2nd payment, 14% (4th payment) 4 months after the 3rd payment, 14% (5th payment) 4 months after the 4th payment, and 10% (final payment) on the issuance or during handover.

Pros and Cons of Aser Real Estate:

What are the pros and cons of Aser Real Estate? Here’s the pros and cons of Aser Real Estate:

As an outstanding privately-owned company in Addis Ababa, Aser real estate is facilitating the potential housing problem or shortcomings that could emerge from shortage of finance by their aspiring clients who are interested in purchasing their construction projects.

Sure houses have to be built, that’s why the company is putting all possible efforts to help out the citizens of the nation. They are doing that by creating employment opportunities which thereby contribute to the socio-economic development of the country.

It also sets an ease means by which clients could get bank loans, which the overall in depth loan processes will be undertaken by their respected representatives. And before you go and meet them in their attractive office around Bole Medhanialem Church, let’s see some pros and cons.


  • Focus on Quality and Improvement: Aser company, understanding the importance of executing its construction duties to the utmost degree of quality, emphasizes on high-quality to offer an improved living standards for residents of Addis Ababa
  • Uses the Day’s Speedy Construction Methods: Being one of the most well-known companies working in the construction sector in Ethiopia that the country is enjoying at the moment. As such, the delivery time of any type of work ranges from 18 to 24 months, plus for a limited time they’ve a promotional discount of 2 % for all.
  • Contribution to Addis Ababa’s Growth: Aser real estate is immensely contributing to its level in the developmental activities through a focus of addressing the city’s housing shortage and contributing to the overall nation’s economic growth.


  • Limited Online Presence: Obviously, green buildings beyond saving you money, they address environmentally related issues. That’s what Aser is doing though the lack of nonfunctional and down websites makes it difficult to assess their offerings comprehensively.
  • Transparency Concerns: We know that residential and commercial buildings retain a high resale value if they include sustainable design components. The problem is that gauging future warranty online reviews of their work and real customer satisfaction can be challenging.

Prizes and Achievements dedicated to Aser Real Estate:

Prizes and Achievements dedicated to Aser Real Estate

Asking what makes Aser Real Estate unique? Among some of the things that make them so unique is that they don’t outsource any single phase of the housing construction process to any company out there. This is the key element that distinguishes it from the others.

The company takes full control of the responsibility of the construction work or services by itself when it comes to delivering properties. For its potential clients, it presents any of their probable problems and complaints straight to the company by the time anything went wrong.

In order to meet the requirements of affordable apartments in terms of price, fitted with the century’s top-class finishing materials, they are pretty much stable. In fact, they’ve built an ideal residential place for an enjoyable happy life as it is almost free from the threat of any environmental pollution.

Aser Real Estate, from its first establishment, has endeavored to boost the project development sectors in Ethiopia. Doing so, it has successfully managed to construct factories, various trading centers, residential houses, and 30,000 square meters villas that are in the process of selling at the moment.

Getting deep on this, the normal construction duration of various types of buildings, for instance Hosea Real Estate, lie from the range of 18 to 24 months. Headquartered in downtown Sheger, astonishingly, the business has managed a total delivery time of projects that merely take a period of nine months.

Customer Reviews and Client Feedbacks

To live up to their words, Aser real estate is manipulating top-class professionals in the field of construction. Even though they have a huge experience in the sector, finding online reviews for their offering is a challenge for us to gauge their reputation and the experiences of past residents. 

A lack of readily available customer feedback, truly, is difficult to differentiate the good and the bad works. Yet, on the bright side, this real estate business lets homebuyers come up with their own interest in housing designs. Thus, it is going to be constructed accordingly in due time and summed up to them with an affordable price.

Good customer caring means this. Besides the company’s own construction, fulfilling potential owners’ chosen design. Not only that, they also continued their effort to quest for better service for their customers around the world via finishing construction works.

On top of that, Aser feels proud to let you know that it is your organization that covers all the support or takes an outstanding opportunity for enjoyment. Such is only created with highly dedicated enthusiasm to help you out owning your ultimate design home that delivers satisfactory and safety for living.

Having taken these Addis Ababa’s real estate issues seriously, the company has managed to address related problems through using tested new sustainable building materials. So yeah, regarding Aser Real Estate’s awards or achievements, this is what we all have got to say for now.

Overall Aser Real Estate Reviews:

Overall, Aser Real Estate appears to be a great developer focusing on improving Addis Ababa’s housing situation. While their dedication to quality is commendable, the lack of online presence because of a down website might make it difficult to form a definitive judgment.

Hoping to make a positive impact in the real estate development of Ethiopia, introducing the ultimate construction technologies has become a big agenda by them. They want to let you know to take your full-scale opportunity in advance before you are going out of option for their products.

Aser Real Estate, laying down a perfect opportunity for its staff members to augment their knowledge, they are also sharing the best experience of sectors to its fellow companies. Getting acquainted with the cutting-edge skills of the construction sector being among their targeted objectives.

Remember, a well-informed decision is key when choosing a real estate developer in any country. So yeah, to proceed forward, reach out to them via phone for information on ongoing projects, and available apartments. Or look for recommendations from friends, family, and local realtors like me.

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 HERE at my contact page — as I’m the best Real Estate Agent in Addis Ababa, Ethiopia.

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