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Real estate in Tunisia

résidence tunisie Tunisia is one of the most valued tourist destination within Europeans.
3 hours from Paris by plane, its sunshine and mild temperatures all year round, sandy beaches and turquoise waters of the Mediterranean contribute to its success.
A very reasonable cost of living, and reassuring political stability reinforce its benefits.

Tunisia is an attractive destination, both for buy-to-rent investment, second home or retirement project.

- The dynamic touristic flow provides for apartments and villas high rental yields which can reach 10% to 12%.
- The frequency of charter flights from Europe and the cost of living are attractive to consider a second home in Tunisia
- The Finance Act 2007 introduced a 80% exemption of income tax in Tunisia for pensions from foreign origin, to attract retirees.

Recent property market, Tunisia enjoys lower prices than neighboring Morocco.
As a result, prices will probably increase again, 20% to 25% annual rise having occured in recent years.

In case of resale, the legislation allows repatriation of the funds including profit (after applicable taxation).

In most cases, the authorization of the Governor of the Province is still mandatory for a foreign buyer, but this agreement will not be a problem for a national of the European Union or a North-American.