The 10 Most Affordable Neighborhoods in Asmara, Eritrea for First-Time Homebuyers

Discovering Asmara: A Guide to the Most Affordable Neighborhoods

Asmara, the capital city of Eritrea, is a hidden gem in the Horn of Africa. With its unique blend of Italian Art Deco architecture and African charm, it’s no wonder that more and more people are considering calling this city home. But where should a first-time homebuyer start their search? Well, you’re in luck! I’ve done the legwork for you and compiled a list of the 10 most affordable neighborhoods in Asmara. So, let’s dive in, shall we? 😊

1. Abashawl

Abashawl is a bustling neighborhood known for its vibrant marketplaces and affordable housing options. It’s a great place to start your home buying journey. The average price for a two-bedroom house here is around $30,000.

2. Gejeret

Gejeret is another affordable neighborhood in Asmara. It’s a bit quieter than Abashawl, making it perfect for those who prefer a more laid-back lifestyle. The average price for a two-bedroom house in Gejeret is approximately $35,000.

3. Sembel

Sembel is a newer neighborhood with modern housing options. It’s a bit pricier than Abashawl and Gejeret, but still affordable. The average price for a two-bedroom house in Sembel is around $40,000.

4. Akria

Akria is a historic neighborhood with a mix of old and new houses. It’s a great place for those who appreciate history and architecture. The average price for a two-bedroom house in Akria is approximately $45,000.

5. Tiravolo

Tiravolo is a popular neighborhood for families due to its proximity to schools and parks. The average price for a two-bedroom house in Tiravolo is around $50,000.

6. Godaif

Godaif is a quiet neighborhood with a mix of residential and commercial properties. The average price for a two-bedroom house in Godaif is approximately $55,000.

7. Arbaete Asmara

Arbaete Asmara is a centrally located neighborhood with a variety of housing options. The average price for a two-bedroom house in Arbaete Asmara is around $60,000.

8. Edaga Hamus

Edaga Hamus is a lively neighborhood known for its cafes and restaurants. The average price for a two-bedroom house in Edaga Hamus is approximately $65,000.

9. Haz Haz

Haz Haz is a peaceful neighborhood with a mix of old and new houses. The average price for a two-bedroom house in Haz Haz is around $70,000.

10. Tsetserat

Tsetserat is a popular neighborhood for young professionals due to its proximity to the city center. The average price for a two-bedroom house in Tsetserat is approximately $75,000.

FAQs

Q: What is the average price of a house in Asmara?

A: The average price of a house in Asmara varies depending on the neighborhood, but it’s generally between $30,000 and $75,000.

Q: Is Asmara a good place to live?

A: Absolutely! Asmara is a vibrant city with a rich history, diverse culture, and friendly locals. It’s a great place to live, especially for first-time homebuyers.

Q: What is the cost of living in Asmara?

A: The cost of living in Asmara is relatively low compared to other capital cities. This makes it an attractive option for first-time homebuyers.

Conclusion

Asmara, with its unique blend of history, culture, and affordability, is a great place for first-time homebuyers. Whether you prefer the bustling marketplaces of Abashawl, the quiet streets of Gejeret, or the modern houses of Sembel, there’s a neighborhood in Asmara that’s perfect for you. So why wait? Start your home buying journey in Asmara today! 🏡

Kurby Team

The Kurby Content Team is a diverse group of seasoned real estate experts dedicated to providing insightful, reliable information for homebuyers, real estate investors, and real estate agents. With backgrounds ranging from real estate brokerage, property investment, and residential home buying, our team combines decades of experience with a passion for demystifying the real estate world. We at Kurby are committed to helping you make informed, successful real estate decisions. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, count on the Kurby Content Team to deliver the most relevant, actionable real estate content you need.