The surge in real estate prices in Tunisia continues to worry professionals in the sector. Guest on the airwavesExpress FMthe president of the Professional Real Estate Agency (GPAI), Mohsen Chaabanisought the alarm, saying that in certain very high standing areas, the price per square meter built could now reach 12,000 dinars.
According to Chaabani, this estimate concerns exceptional goods located in neighborhoods such as Marsa Or Gammarthwhere the rarity of land and luxurious finishes explode the prices. “This is not the average price, but values observed in ultra-prime segments,” he said, stressing that market regulation becomes urgent to avoid excessive speculation.
The available data confirm the upward trend: to Carthage gardensthe square meter already exceeds 3,000 dinarswhile at Lake 2some new residences are displayed around 5,700 dinars. However, the threshold mentioned by Chaabani remains exceptional, reserved for a wealthy, Tunisian or foreign clientele, in search of exceptional goods.
For professionals, this outbreak is fed by several factors: the growing cost of building materialsthere Rareness of land in coastal areas and sustained request for high -end accommodation. Added to this is a form of speculation, some promoters preferring to delay sales pending even higher prices.
Mohsen Chaabani also pleads for a Reorganization of the real estate sector and a better transparency of transactionsrecalling that the GPAI works with the authorities to supervise the profession more and fight against unauthorized agencies and illegal intermediaries.
If the luxury prices reach heights, the Tunisian real estate market remains marked by an accessibility crisis for the middle class. A striking contrast, while the dream of becoming a owner walks away for a majority of Tunisians.
