About Us

About the Founders

Meet Yodiel Yeshitla and Alem Tadesse, two passionate entrepreneurs with a shared dream of transforming the real estate landscape in Ethiopia. Their journey began with a simple conversation over a cup of traditional Ethiopian coffee, where they both expressed their desire to create a rental and property management company that would not only meet their client’s needs but also positively impact their community and diasporas. Yodeil Yeshitla, with his keen eye for the future and impeccable attention to detail, knew they could create a service that would be functional and meet current market demands. Alem Tadesse, on the other hand, had a background in Construction management and a deep understanding of the local market, which would prove invaluable in navigating the complexities of the real estate industry in Ethiopia. Their shared vision and complementary skills gave birth to their company, “EthioNest,” a name that reflected their commitment to showcasing Ethiopian real estate’s unique beauty and potential. As they embarked on this exciting journey together, Yodiel and Alem Tadesse faced numerous challenges and setbacks, but their unwavering belief in their mission and each other kept them going. Through their hard work and dedication, EthioNets quickly became known for its exceptional service, attention to detail, and commitment to building lasting relationships with both property owners and tenants. They took pride in providing not just a place to live, but a home where memories could be made and dreams could be realized. As they walked through the doors of their newly opened office, Mulu and Alem Tadesse couldn’t help but feel a sense of pride and accomplishment. They knew that their journey was just beginning and that there would be many more challenges ahead. But with their shared passion, determination, and unwavering belief in the power of community, they were ready to face whatever the future held.EthioNest was more than just a business to Yodiel Yeshitla and Alem Tadesse; it was a reflection of their shared values, their love for their country, and their belief that through hard work and perseverance, anything is possible. Together, they were not just building a rental and property management company – they were building a legacy that would endure for generations to come.

Our Mission

At Ethionestproperties our mission is to elevate the property management experience in Ethiopia by providing comprehensive, innovative, and sustainable solutions that empower property owners and enhance the lives of tenants. We are dedicated to fostering thriving communities through exceptional service, transparent communication, and cutting edge technology, all while promoting responsible development and environmental stewardship. Our goal is to create value for our clients, ensure tenant satisfaction, and contribute positively to the urban landscape of Ethiopia.

Key Elements

Empowerment

Highlighting support for property owners and tenants

Innovation

utilizing technology and new ideas for effective property management.

Sustainability

commitment to environmentally responsible practices.

Community focus

aiming to improve the quality of life in the neighborhoods serviced.

Exceptional service

Emphasizing quality and personalized attention.

Our Vision

Our vision is to be the leading property management company in Ethiopia, recognized for our commitment to excellence, innovation, and community development. We aspire to create vibrant living spaces that foster well-being, connectivity, and sustainability, transforming the property landscape and setting new standards for the industry. By leveraging technology and local expertise, we aim to build lasting relationships with property owners and tenants, ensuring a seamless and enriching experience for all. Together we envision a future where every property becomes a source of pride and a foundation for prosperous communities.

Our Services

Property Compliance and Risk Management

1. Ensuring properties meet local and national housing regulations and safety standards.
2. Conducting regular audits for compliance and risk assessment.
3. Implementing safety measures and emergency preparedness plans.

Property Maintenance and Repairs

1. Regular inspections and maintenance services to ensure property upkeep.
2. Emergency repair services available 24/7.
3. Coordination of licensed contractors and service providers for specialized repairs and renovations.

Financial Management

1. Transparent rent collection and financial reporting.
2. Budgeting and financial forecasting for property owners.
3. Expense tracking and management to maximize investment returns.

Tenant Relations and Support

1. Responsive communication channels for tenant inquiries and requests.
2. Conflict resolution and mediation services.
3. Organizing tenant engagement events to foster community and satisfaction.

Lease Administration

1. Preparation and management of lease agreements and renewals.
2. Monitoring lease compliance and enforcing lease terms.
3. Ensuring all legal requirements and regulations are met.

Property Compliance and Risk Management

1. Ensuring properties meet local and national housing regulations and safety standards.
2. Conducting regular audits for compliance and risk assessment.
3. Implementing safety measures and emergency preparedness plans.

Technology Integration

1. Utilizing property management software for efficient operations.
2. Offering online portals for tenants for rent payments, maintenance requests, and communication.
3. Implementing smart property features to enhance convenience and security.

Sustainability Initiatives

1. Advising property owners on green building practices and energy efficiency upgrades.
2. Implementing waste management and recycling programs.
3. Promoting community initiatives that support environmental sustainability.

Portfolio Management

1. Strategic consulting for property investment and acquisition.
2. Performance analysis and reporting for multi-property portfolios.
3. Customizable management packages based on owner needs and goals.

Exit Strategy Consultation

1. Guidance on property sales and value enhancement before listing.
2. Support through the sales process, including valuations and market promotion.
3. Assistance with transitions for tenants during property sales.