Rapidly emerging as one of the most serious locations to consider for property investment purposes in the Mediterranean region, Tunisia is something of a new kid on the block; but it’s relatively fresh property market is built on incredibly strong base fundamentals making it worthy of much closer inspection.

If you’re now wondering why you’ve not heard of Tunisia before as a location for holiday-home-type investment purchases, part of the reason is that the nation has recently just finalised legislation allowing for the transparent freehold ownership of real estate by foreign citizens; however, that’s just part of the picture. In the past Tunisia has preferred to focus its internal efforts on reforms to introduce political pluralism and therefore stability, and to boost and reinforce the economy. The government was wholly focused on the creation of a robust and stable nation before it sought international investment as it wanted to have the right platform in place to attract sustainable fiscal commitment. Now it’s benefiting from hindsight and learning from the triumphs and also the trials of similar markets such as Egypt and Morocco, and Tunisia is going forward to create a healthy property-based economic sector...

...With its 1,100 kilometres of sun caressed Mediterranean coastline, its fabulous resorts, incredible history, pristine beaches and very well established tourism industry which is on target for an average annual growth rate of 4.3% over the next decade according to the World Travel and Tourism Council, Tunisia has everything in place to build a healthy property market based largely on tourism...

...In terms of the potential already in place for an investor, according to Steve Worboys, MD of Experience International: “there’s strong and increasing demand for straightforward summer holiday accommodation in the most popular resorts such as exclusive Port El Kantaoui on Tunisia’s Gold Coast, and this is attracting investor commitment, but what’s more, the government is now actively working on the development of alternative types of tourism in Tunisia which further opens up investment potential.”