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Why Tunisia ?
 
  • In General
  • Timing & Property Market
  • Quality of Life
The combination of its tolerant people, rich culture and European approach makes Tunisia a very popular Mediterranean holiday destination. The country is loved by the sun and temperature rarely clips less than 20 degrees. The jewel of the Mediterranean, as its often called, is a real hot sport all year around.

Not further to Norway than Spain, Tunis, the capital lies under 3 hours away by air to most European capitals and thanks to its very stable Mediterranean climate, is one of the brightest ideas for autumn, winter or spring breaks.

Tunisia offers superb sandy beaches on its 1300 km coast line, spectacular and unforgettable desert scenery and a wealth of impressive archaeological sites dating back nearly 3,000 years to when the ancient city of Carthage dominated the entire western Mediterranean.

The country blossoms with a wide range of hotels offering every comfort and amenity, State-of-the-art thalassotherapy & spa centres, great variety of sports and water sports possibilities as well as renown championship golf courses.

The Tunisian south offers this unforgettable encounter with the vastness of the desert. It can be experienced in adventure, on board a 4x4 on the back of a dromedary.

Tunisian’s thalasso-therapy centres apply recognized standards and use only water drawn from sea, free of any pollution.

Tunisia offers a familiar and reassuring environment. The widespread use of foreign languages and the kindness of Tunisians make a long-term stay easy and pleasant.

The infrastructure in Tunisia is quite modern and the good education system makes Tunisians brilliant and world renown in their disciplines

It is still relatively inexpensive to live in Tunisia and property prices are still quite affordable. It is therefore the right timing to make a god investment since in some few years, property prices will skyrocket and will certainly reach the price levels of southern Europe.

Tunisia has managed to hold a very good international reputation thanks to its stability and friendship to other countries.

In 2009 the World Economic Forum's Global Competitiveness Report has ranked Tunisia as the Most Competitive Country in Africa and the Global Peace Index has identified the country as the Most Peaceful in Africa.

Timing
The largest developers from Dubai have recently started to invest very heavily in Tunisia, realizing the stability of the region and the proximity to Europe making Tunisia an ideal link between Africa, Middle East and Europe. In the capital Tunis, they are currently investing over $10bn in projects such as Tunis Financial Harbour (8km from Carthage Resort) and Tunis Sports City (11,6km from Carthage Resort) based on the popular concepts from Dubai itself. Further south, they are investing $2bn in a picturesque coastal region creating an artificial marina, a world class golf course, exclusive residential properties and a number of luxury 5-star hotels. It isn’t only the Dubai groups who have stood up and taken notice of what is happening in the country. Many large European organizations and banks have set up bases in Tunisia benefiting from a highly educated workforce and a very stable growing economy. Excellent incentives such as 10 year tax breaks are offered by the Government to encourage foreign companies to move into the country. One such recent example of a company doing so is Airbus, who are relocating their manufacturing operations from Europe to Tunisia and capitalizing on savings in excess of 1Million Euros per day.

Property market
So why hasn’t the property market yet taken off in Tunisia? Well, until very recently, foreigners were not allowed to buy property in Tunisia as the government wanted to ensure that home ownership for the local market was made affordable. With local home ownership currently in over 80%, higher than in most European countries, the target is certainly achieved and it’s believed that Tunisia is ready to benefit from the explosive foreign-property ownership boom that many of its northern European neighbours have done extremely well in recent years. For the foreign investor this is great news as it means that there is a strong local market in place when they need to realize their investments and sell their properties. At the moment, foreigners still require authorization from the Governor of the region in which they are buying the property, however for most this is simply a formality which takes approximately 3 months to complete. With so many excellent reasons to buy in Tunisia, the timing could not be any better to benefit from this new and exciting market on the doorstep of Europe!

Prices level
Compared to south European countries, property prices in Tunisia are very competitive.
In fact, it is still possible to find in Tunisia, properties quite close to a sandy beach at an affordable price.
The strengthening of major European currencies compared to the local Tunisian Dinar has contributed to this price competitiveness factor.

The Tunisian Cuisine
Conviviality, a warm welcome, a sense of pleasure shared, these are the keywords of the Tunisian art of the living, an art of living which is richly expressed in the art of the meal.

Appreciated by connoisseurs, Tunisian cuisine owes its variety to the richness of its soil and the contributions of different traditions: Jewish, Turkish, French, Italian… A sunny cuisine where lamb mixes with sea bream and grouper, where almonds blend with peppers and rosebuds, and where olive oil is combined with carefully selected spices.

Tunisian cuisine is known to be delicious especially with the good selection of home-produced wines.

The celebrated couscous can be cooked in countless different ways: with fish, dried meat, meatballs, stuffed squid… A crispy hors-d’oeuvre and delicious almond patisseries are made from filo pastry, bequeathed by the Turks. Grilled fish, slow-cooked meats, Tunisian tajine (baked egg pudding) and other dishes are today accompanied by excellent wines produced by Tunisian wine and spirit manufacturers.
The meal is completed with the traditional mint tea accompanied by sweets, not without sampling the excellent winter fruits: pomegranates, sweet or red oranges, bergamots and Deglet Nour dates from the oases of the south…

Prices are favourable; one can for example have a good dinner with attachments for under 12 Euros.

Security and Safety
Tunis is considered to be one of the safest cities on the Mediterranean shores. Tunisians are known to be moderate and friendly. Many European nationals have chosen to settle down in Tunisia which has a long tourism and cross-cultural exchange tradition.

Stability
Considered to be the one of the most stable countries in the Arab speaking world, and certainly the most politically and economically stable country in all of Africa, Tunisia is a founding member of the World Trade Organization and has a free trade agreement with the EU. A stable currency and consistently low inflation levels have helped to place Tunisia in a great position to benefit from direct foreign investment which has been pouring into the country during the last decay.