The Tunisian government has entrusted the Société nationale immobilière de Tunisie (SNIT) with a residential project in Fouchana, Ben Arous governorate, as part of its rent-to-own program. This initiative is part of the 2026-2030 development plan, which aims to construct around 5,000 housing units at an estimated cost of 750 million dinars. The project will be executed under a "turnkey" contract, as per a government decision published in the Official Gazette of the Tunisian Republic.
An invitation to tender was published in early October for the design and construction of 217 apartments in Fouchana's El Mghira sector, dubbed "Cité Al Ichrak". This project is one of the components of the rent-to-own program launched by the Ministry of Equipment and Housing to facilitate property ownership for low- to middle-income households. The program involves paying rental installments, after which the housing unit becomes the beneficiary's property.
The 2026-2030 development plan aims to address housing needs by constructing approximately 5,000 housing units. The SNIT and the Société de promotion des logements sociaux (SPROLS) are the public developers responsible for implementing these projects. According to the Ministry of Equipment and Housing, the investment for these projects is estimated at nearly 750 million dinars. A digital platform is also planned to collect applications and organize the allocation of housing units transparently.
The rent-to-own program is designed to make homeownership more accessible to Tunisian citizens, particularly those with limited or middle incomes. Under this program, beneficiaries pay monthly rent installments, which ultimately lead to property ownership. This initiative is part of the government's efforts to improve housing conditions and provide affordable housing options for its citizens.
The SNIT's project in Fouchana is a significant step towards achieving the government's housing goals. With 217 apartments planned, this project will contribute to addressing the housing needs of the region. The project's implementation under a "turnkey" contract ensures that it will be completed efficiently and effectively.
While no specific timeline for registration has been announced, the Ministry of Equipment and Housing has assured that a transparent process will be followed for allocating the housing units. This includes the use of a digital platform to collect applications and manage the allocation process. The ministry's efforts aim to ensure fairness and transparency in the allocation of housing units.
The development plan's focus on affordable housing is expected to have a positive impact on low- and middle-income households. By providing access to homeownership, the government aims to improve living standards and promote social stability. The SNIT's project in Fouchana is a key component of this strategy, and its successful implementation will be closely watched.
Key points
- The project involves constructing 217 apartments in Fouchana under a rent-to-own program.
- The 2026-2030 development plan aims to construct around 5,000 housing units at an estimated cost of 750 million dinars.
- A digital platform will be used to collect applications and organize the allocation of housing units transparently.