Albania Property And Holiday Destination

Albania Property And Holiday Destination

Author: Ismet Terziu

Ironically, however, just as the rest of Europe is beginning to put the brakes on property, Albania wants to make its presence felt.

A large number of foreign investors and companies are present in Albania and the government are being very proactive in attracting more foreign investors and companies in Albania.

Considering that Albanian properties, lands and other investment opportunities are 75% cheaper compare to other European markets of Bulgaria, Croatia or Montenegro off plan property prices have reached over 2000 Euro per square meter it has never been a better time to invest or spend the summer holiday in the unspoiled Albanian coast.

Depending on location and size, land prices can cost from as little as 20 per sq.m. If you´re in the market for a finished apartment, prices per sq.m can be as low as 550 in a prime Tirana location. Albanian coast properties in locations such us Durres resort, Vlore resort, Saranda resort are from as little 600 Euros. These prices are not available on any other neighbouring countries plus the Albanian coast benefits from longer seasons and untouched sandy beaches.

For investors is recommended to consider medium-to-long-term investment to appreciate the capital growth. New projects are being designed throughout the coast to provide holiday makers with the facilities that currently have not been available such as resorts with swimming pools, golf resorts and more. For investors interested to build their own holiday house or villa in Albania this is also possible due to the building costs in Albania being very low as well as the labour costs. Finance/mortgages are also possible in Albania to buy property or land.

To learn more you can contact Albania Properties on: http://www.albania-properties.co.uk or http://www.holiday-property.net