Mohsen Chaâbani, President of the Professional Group of Real Estate Agencies (GPAI) within CONECT, Highlights the Importance of Enhanced Regulation in Tunisia's Real Estate Sector
Mohsen Chaâbani, President of the GPAI, has emphasized the need for strengthened regulation in Tunisia's real estate sector. According to him, the Ministry of Commerce and various administrations are actively engaged in monitoring unauthorized real estate agencies to structure and secure the market.
During a recent interview on Express FM, Chaâbani drew attention to the sector's vulnerability, deeming it essential to establish a dedicated higher authority for real estate regulation to ensure a solid professional framework. In terms of numbers, he recalled that 671,000 real estate transactions were carried out in Tunisia in 2022, with an estimated annual growth rate of 2-3% in purchase operations.
Regarding prices, the GPAI President specified that they increased by only 1-2% in the first half of 2025, refuting claims of more significant increases of 4-7% reported by some specialized websites. Chaâbani also stressed the need for enhanced collaboration between real estate developers and agents to improve the market's general conditions.
He noted that transactions, whether purchases or rentals, vary according to geographical areas. Notably, he specified that rentals primarily concern contracts with a minimum duration of one year. On prices, he indicated that in popular areas like La Marsa and Gammarth, the price per square meter can reach between 10,000 and 12,000 dinars for high-quality constructions. In other sectors, this price ranges around 8,000 dinars, while the national average for comfortable and accessible apartments stands between 3,500 and 4,500 dinars per square meter.
