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Investment and Luxury Properties in Tunisia
Tunisia is located in North Africa, along the southern shore of the Mediterranean coastline with Algeria to the west and southwest, Libya to the southeast, and the Mediterranean Sea to the north and east.
Coastal towns situated along the Mediterranean coastline in Tunisia, include Hammamet, Monastir, Djerba and Sousse, which are all very popular tourism destinations, which for investing reaons, provides good potential for a rental income, especially during peak seasons, which adds up to being a major reason to consider investing or buying properties in these locations.
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Why Invest in Luxury Property in Tunisia?
Luxury properties located in Tunisia, as a general guide, typically costs less than similar sized properties located in more well known locations such as Athens, Rome, Caen or Marseille.
In Tunis, the capital city of Tunisia, any new development or improvement will assist in price appreciation and push up real estate value increasing its attractiveness to investors, especially those looking at vacation homes for rental income, tapping into the tourism sector.
Like many areas of the world Tunisia faces economic challenges, and land registration, planning permission, zoning, and legal protection for foreign owners all needs close inspection and thorough due diligence.
Buying or investing in luxury real estate in Tunisia can make sense if investing in the right location, and using local management is something to consider.
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