Due to its Mediterranean climate, great locations and quality developments, Tunisia is the ideal place to invest in property!

The tourist industry is booming and with the popularity of Tunisia growing all the time and more people traveling to Tunisia each year, investing in Tunisia is a real possibility, with many chances to buy property in top locations, like Djerba, Monastir and Hammamet.

With property in locations like these it can be easily rented out as holiday homes. Buying property is becoming easier for foreigners although there are still strict guidelines but with a lawyer and help from agencies it is very possible!

Is it possible for a British Citizen to own property in Tunisia?
Yes, as long as it is within town boundaries. A non-Tunisian cannot own agricultural land.

As regards owning property, are there formalities specific to foreigners?
Yes, a written authorisation is required from the Governor of the region. This may take several months. It is strongly advised that you do not, under any circumstances, agree to purchase land or property in someone else's name pending formalities. Hand over no money until you have seen, and all parties concerned have signed proper deeds of sale. Accept no promises not supported by legal documents, however friendly your associate. If he/she is serious, you should expect this to be seen in legal paperwork.

Finding a house, apartment or land for sale.
Daily newspapers run small ads which are often helpful. You could also place an ad yourself in, for example, "La Presse" (6 Rue Ali Bach Hamba, Tunis). House agents exist in all towns and larger villages and are often listed (under "agences immobilieres") in the phone book. You may consult them, or ask around in the locality you are interested in.

What are prices for property like? Prices vary according to locality, size, age and building materials... Only by looking around locally will you get any idea.

How would payments be made?
Payment is usually arranged according to individual wishes. If payment in sterling is being transferred for the purpose, consult a bank and/or a lawyer before committing your capital. Answers to any other questions regarding resale, transfer of proceeds of sale or of rents, title deeds and rights to expand or modify existing constructions should also be sought from a lawyer.

What are rental procedures?
A contract is drawn up between the landlord and the tenant, setting out the agreed rent and other conditions such as length of tenancy, renewal of lease, redecoration etc. The contract needs to be registered at the local town hall. Your landlord will normally do it but may charge you a proportion of the fees.

Can I get advice on the terms of the contract before signing?
Yes, and we certainly do advise you to consult a local lawyer on this.