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Tunisia, officially the Tunisian Republic, is located inNorth Africa. It is bordered by Algeria to the west and Libya to the southeast.It is the northernmost African country and the smallest of the nations situatedalong the Atlas mountain range. Around forty percent of the country is composedof the Sahara desert, with much of the remainder consisting of particularlyfertile soil, and a 1300 km coastline. Tunisia ranks high among Middle Easternand African nations in reports released by The World Economic Forum.

Despite its relatively small size, Tunisia has greatgeographical and climactic diversity. The Dorsal, an extension of the AtlasMountains, traverses Tunisia in a northeasterly direction from the Algerianborder in the west to the Cape Bon peninsula. North of the Dorsal is the Tell,a region characterized by low, rolling hills and plains, although in thenorthwestern corner of Tunisia, the land reaches elevations of 1,050 meters.The Sahil is a plain along Tunisia's eastern Mediterranean coast famous for itsolive monoculture. Inland from the Sahil, between the Dorsal and a range ofhills south of Gafsa, are the Steppes. Much of the southern region is semi-aridand desert.

The population estimate in July 2005 is 10,102,000 people.The majority (98%) of modern Tunisians are Arab, and are speakers of TunisianArabic. Tunisia enjoys a high degree of religious freedom, a right enshrinedand protected through its constitutional document.

Tunisia has a diverse economy, with important agricultural,mining, tourism, and manufacturing sectors. Governmental control of economicaffairs while still heavy has gradually lessened over the past decade withincreasing privatization, simplification of the tax structure, and a prudentapproach to debt. Real growth, which averaged almost 5% over the past decade,reached 6.3% in 2007 because of development in non-textile manufacturing, arecovery in agricultural production, and strong growth in the services sector.However, Tunisia will need to reach even higher growth levels to createsufficient employment opportunities for an already large number of unemployedas well as the growing population of university graduates. Broaderprivatization, further liberalization of the investment code to increaseforeign investment, improvements in government efficiency, and reduction of thetrade deficit are among the challenges ahead.

Most real estate properties in Tunis are new developmentsthat sprang alongside with the consistent economic growth of Tunisia. Moreover,the construction industry is booming with many new townships and subdivisionsbeing built countrywide.