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Tunisia: Growing demand for home renovation loans

Tunisia’s real estate market experienced two phases of development: the first from 2011 to 2020 following the revolution and the second during the COVID-19 pandemic from 2020 to 2026, according to real estate efficiency expert Samir Zantour.

Speaking on Mosaïque FM, he said property prices rose by 60% during the first decade after the revolution, with varying increases depending on the area, whether modern or more affordable neighborhoods.

He explained that, regarding access to credit, a recent study by the Central Bank revealed a decline of 300 million dinars in financing allocated to the purchase of new homes, while demand for renovation loans reached 11.3 billion dinars in 2025, up by 315 million dinars compared with the previous year.

He added that these figures highlight both the rising cost of acquiring new property and a shift in Tunisian consumer preferences, with more people choosing to renovate older homes rather than buy new ones.

He also noted that the Central Bank attempted to reduce interest rates on loans during May and June.

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