Masalaha Apartments (U/C)

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The key to this is the price and the financing terms.

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These cannot be anywhere above $50,000โ€ฆ if they are, its a complete waste of money. Because you can get a detacahed house of your own with nice block of land for just a little more than $50,000.

Apartments are great for inner suburbs that are within walking distance of the markets or town centers.

In Somaliland, the only people I see that maybe interested in this are newlyweds or young families with 1 or 2 kids.

They seem to be obsessed with the term luxury in everything they do. It doesnโ€™t need to be near the airport or Masalah or JigJiga yar for that matter, they already have 6 bedroom houses in those areas. This needs to be on the suburbs towards Bali Gubadle, Salahley, Arabsiyo , Haleeya, Geed Deeble etc. This will get prices down as land is peanuts there.

Places like this

According to this marketing video, the prices start from 67k for the 2 bedroom rising to 180k for the penthouses. Bonkers.