In 2025, Tunisia’s real estate market is expected to experience steady growth, with several key trends influencing the sector. Here’s a breakdown of what to expect:
Continued Growth in Residential Real Estate
The residential real estate market is projected to reach a value of $348.2 billion by 2024, and this is expected to continue growing at an annual rate of 3.15% until 2029. This growth is largely driven by increasing demand for affordable housing, particularly in urban areas like Tunis, where more families and expatriates are seeking homes.
Rise of the Tourism-Driven Market
Tourism in Tunisia has rebounded significantly, and by 2025, the real estate market will see a surge in demand for vacation homes, hotels, and short-term rental properties. Coastal cities like Hammamet and Sousse will remain popular with foreign buyers and investors, especially those interested in the booming rental market.
Government Initiatives and Foreign Investment
The government’s focus on improving infrastructure and simplifying regulations for foreign investors is expected to continue through 2025. This is likely to attract both local and international buyers, especially as Tunisia remains a relatively affordable destination for real estate investment compared to other Mediterranean countries.
Commercial Real Estate Evolution
While residential properties remain the dominant sector, commercial real estate is expected to evolve with the rise of digitalization and changes in business habits. More demand for flexible office spaces and mixed-use developments will shape the commercial sector.
Overall, the Tunisian real estate market in 2025 is expected to benefit from a mix of domestic growth and foreign interest, particularly in residential and tourism-related properties. As always, staying informed about the legal and regulatory landscape will be key for any prospective buyers or investors.
