CENTURY 21 Tunisie

What CENTURY 21 Tunisie does

CENTURY 21 Tunisie, legally operating as IMMO 21 DBA CENTURY 21 TUNISIE, is the Tunisian master franchise of the global CENTURY 21 real estate network. Founded in 2020 and headquartered in Tunis with 21 central employees, the company coordinates a franchise network of independently-owned real estate agencies across Tunisia, including branded sub-agencies such as CENTURY 21 Masters (Centre Urbain Nord), Challenge (Nabeul), Invest, Infinity, Prestige, Karaouli (Cite Ennasr 2), Patrimoine, and Excellence (La Marsa). The network's geographic coverage spans Tunis, Nabeul, Ariana, La Soukra, Sousse, Sfax, Hammamet, La Marsa, Bizerte, and Mannouba, serving residential and commercial property buyers, sellers, renters, investors, and co-property syndicates. Activity is regulated under Tunisian Law No. 55 of June 23, 1981, supplemented by Law No. 77 of August 8, 2005.

Service delivery is anchored on the century21.tn property listing portal, which provides search and filter functionality by location, property type, price range, bedrooms, and features. In 2024 the company launched the proprietary CENTURY 21 CAMERA mobile application (iOS and Android), which embeds an automatic brand watermark into agent-captured property photos for marketing consistency. Core service lines include property sale transactions (3% commission from seller, 2% from buyer, on the net vendor amount), rental transactions (one month's rent from each of owner and tenant, on annual rent excluding taxes), rental property management at 10% of annual rent excluding taxes, and co-property syndicate administration starting at 150 DT per main lot per year. The proprietary ACM (Analysis Comparative Market) methodology supports free property valuations with on-site visits within 48 hours of request, and the network explicitly supports expatriate and foreign investor transactions through regulatory and foreign-exchange guidance.

The business model is primarily transaction-based, with commission revenue at the franchisee level and royalty/brand licensing revenue at the master franchise level. Smaller recurring streams come from Gestion Locative (property management) and Syndic de Copropriété services. Go-to-market combines a direct-to-consumer website portal (top-of-funnel discovery) with franchise-led field sales for viewings, negotiations, and closings. Marketing channels include the website portal, a French/Arabic real estate advice blog, Facebook presence for franchise recruitment, and SEO-optimized property listings. Commercial partnerships include QNB Bank (integrated mortgage calculator on listing pages) and Logis.tn (third-party listing aggregator). Customer segments are split between residential buyers/sellers/renters (primary) and commercial property clients (primary), with secondary segments for expatriate/foreign investors and property owners requiring management or syndicate services. The overall offering reflects a standardized, brand-licensed service model designed to deliver uniform real estate brokerage quality across a fragmented domestic market.

Name

CENTURY 21 Tunisie

Legal name

IMMO 21 DBA CENTURY 21 TUNISIE

Website

https://century21.tn

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

CENTURY 21 Tunisie is the Tunisian master franchise of the global CENTURY 21 real estate network, coordinating a multi-agency franchise system that delivers property sales, rentals, management, and syndicate services to residential and commercial clients across Tunisia's major cities.

Ownership category

akta.pro rank

Product category

Real Estate Brokerage Services

NAICS

Offices of Real Estate Agents and Brokers (53121), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

akta.pro secondary industries

Luxury & High-End Residential Brokerage (BPAJAAAC), Condominium Association Management (BPAJAHAA)

Keywords

• Residential real estate brokerage
• Commercial property services
• Property management services
• Real estate franchise network
• Co-property syndicate management

Headquarters

HQ city

Tunis

HQ country

Tunisia

HQ region

Africa

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Real Estate Transaction Commissions - Sales: CENTURY 21 agencies earn commission on property sales transactions. The standard fee structure is 3% from the seller and 2% from the buyer, calculated on the net vendor amount. This represents a primary revenue stream for franchisees.
2. Real Estate Transaction Commissions - Rental: For rental transactions (both commercial leases and residential rentals), agencies charge the equivalent of 1 month's rent from both the owner and the tenant, calculated on the annual rent excluding taxes. This applies to bail commercial and bail d'habitation.
3. Property Management (Gestion Locative): Rental property management services are charged at 10% of the annual rent excluding taxes. This ongoing recurring revenue stream covers tenant management, contract administration, and property maintenance coordination.
4. Coproperty Syndicate Management (Syndic): Syndicate management services for shared buildings include maintenance of common areas, maintenance contracts, security services, annual charge calculations and distributions. Fees start from 150 DT HT per year per main lot under a special mandate.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

CENTURY 21 Tunisie operates a franchise network of real estate agencies providing property transaction services (buying, selling, renting) for residential and commercial real estate across Tunisia. The network also offers property management (gestion locative), co-property syndicate administration (syndic de copropriété), and free property valuation services, all delivered through independently owned franchise agencies operating under the global CENTURY 21 brand.

Product overview

CENTURY 21 Tunisie operates as a franchise network of real estate agencies offering a comprehensive suite of property services. The core offerings include real estate transactions (buying/selling) and rental services, supplemented by property management, co-ownership administration (syndic), and a mobile photography application (CENTURY 21 CAMERA). The network also provides franchise opportunities for entrepreneurs and offers free property valuation services. The company operates as a licensed franchise of the global CENTURY 21 brand established in 1971, with operations in Tunisia regulated under Tunisian real estate law.

Differentiator

Problem solved

Functional benefit

Brands

• CENTURY 21 CAMERA: Mobile application for capturing property photos with integrated CENTURY 21 watermark, available on iOS and Android platforms.

Products and services

• Property Buy/Sell Services (Achat/Vente Immobilière) Core real estate transaction service for buying and selling residential and commercial properties across Tunisia, covering apartments, villas, offices, commercial premises, and land. Commission-based at 3% from seller and 2% from buyer on net vendor amount.
• Property Rental Services (Location Immobilière) Property rental services including annual unfurnished rentals, furnished rentals, short-term rentals, and direct developer rentals for residential and commercial properties. Commission of 1 month's rent charged to both owner and tenant on annual rent excluding taxes.
• Property Management (Gestion Locative) Rental property management service where CENTURY 21 handles tenant relations, rent collection, and property maintenance coordination for property owners. Charged at 10% of the annual rent excluding taxes as a recurring annual fee.
• Syndic de Copropriété (Co-property Syndicate Management) Professional building management and co-ownership administration service covering maintenance of common areas, maintenance contracts, security services, annual charge calculations, and distributions for shared residential and commercial properties. Fees start from 150 DT HT per year per main lot under special mandate.
• Free Property Valuation (Estimation Immobilière Gratuite) Free property valuation service using the proprietary Analysis Comparative Market (ACM) methodology based on daily market observations across the network. Includes on-site evaluation visit within 48 hours of request.
• New Construction Sales (Immobilier Neuf / Direct Promoteur) Direct access service to new construction properties from approved developers, offering pre-sales and new development opportunities in Tunisia.
• CENTURY 21 Franchise Program Franchise opportunity allowing entrepreneurs to open CENTURY 21 branded real estate agencies in Tunisia, with access to global brand recognition, training programs, marketing support, and operational methodologies.
• CENTURY 21 CAMERA Mobile Application Mobile photography application enabling real estate agents to capture professional property photos with automatic CENTURY 21 logo watermark. Available on iOS and Android via Google Play Store.

Quantifiable outcome

• 9,700 agencies operating across 82 countries and territories globally
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• CENTURY 21 Real Estate LLC (Global Parent)coreOEM/ Whitelabel/ Licensing PartnerCENTURY 21 Real Estate LLC, headquartered in the United States, is the global franchisor of the CENTURY 21 brand. Created in 1971, it has grown to 9,700 agencies in 82 countries. IMMO 21 operates as DBA (Doing Business As) CENTURY 21 TUNISIE under a franchise license, gaining access to the global brand, methodologies, training programs, marketing resources, and technology tools.
• CENTURY 21 FranceminorChannel Partner/ Reseller/ DistributorSister franchise operation in France, part of the same global network. The first French agencies joined in October 1987. Serves as a regional peer within the European franchise network.
• CENTURY 21 USAminorChannel Partner/ Reseller/ DistributorThe original and flagship franchise operation in the United States where the brand was created in 1971. Part of the global network for international referrals and brand consistency.
• Logis.tnminorGTM or Marketing PartnerLogis.tn is referenced as a real estate portal partner that aggregates property listings from various agencies including CENTURY 21. The portal extends property listing reach beyond CENTURY 21's own website to additional potential buyers.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Coldwell Banker: Global real estate franchise network with operations across multiple regions. A broad incumbent comparable through international brand franchise model, residential and commercial brokerage offerings, and recurring management services.
• Engel & Völkers: Global premium real estate brand with established presence in Mediterranean markets. Comparable in terms of cross-border referral network and premium brand positioning, though oriented to higher-end clientele.

Emerging players

• Tayara: Tunisian online classifieds platform with a large real estate vertical. Comparable as an alternative property discovery channel that competes for buyer attention and could disintermediate traditional agency-facilitated transactions.
• Mubawab: Leading North African online property portal aggregating listings across Tunisia and Morocco. Directly comparable as a digital channel where CENTURY 21's franchise listings are discovered, and as a competitive threat to the brand's portal aggregation economics.

Direct peers

• ERA Immobilier: International real estate franchise network with North African presence offering residential brokerage, rentals, and management services. Comparable franchise model targeting similar residential and commercial segments.
• CENTURY 21 France: Sister franchise under the same global CENTURY 21 brand, serving the French market with the same brokerage, rental, and management services. Most direct comparable in terms of brand systems, fee structures, and operational model.
• RE/MAX Tunisia: Direct international franchise competitor operating in Tunisia under the RE/MAX brand, offering residential and commercial brokerage, rentals, and property management in overlapping Tunisian cities.

Regional players

• CENTURY 21 Maroc: Same-brand franchise operating in Morocco, providing the closest geographic benchmark for how the CENTURY 21 model performs in a comparable North African market with similar regulatory and consumer dynamics.
• CENTURY 21 Algérie: Same-brand franchise operating in Algeria, another North African peer that demonstrates the brand's regional penetration and provides a comparable on-the-ground operating reference.

Others

• Logis.tn: Tunisian real estate portal partner that aggregates property listings from agencies including CENTURY 21. An ecosystem participant currently extending CENTURY 21's listing reach, but also a channel that could be disintermediated by or disintermediate direct brand-site traffic.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/century-21-tunisie

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CENTURY 21 Tunisie