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Investment Property » For Sale » Albania » Albania    

Albania


Location

Albania
Tirane
Tirane

Price

£23,000
to £42,000

Delivery date: September 2008
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Property ID: 447606








     
 

 Description

Key selling points

  • Prices from £23,000
  • Cheapest capital city in Europe - by around 50%
  • Last Emerging market in Europe!
  • LTVs available up to 70%
  • Rental Yields of 7% expected
  • Capital Growth of 30% per annum expected

 

Why Invest in Albania?

Simply how great value the property is! Prices in a capital city for around 600 Euros/m2 - or from £15,000!! This is incredible value - and with rental yields of 6-8% and a strong rental demand, this is a fantastic opportunity!

These prices are around 40% of what would pay in Montenegro, and 25% of what would pay in Budapest or even Bucharest!  This is astonishing value - and with build costs at 350-400 euros/m2 - margins are low - and prices will not stay this low for long - in fact I fully expect prices to double in the next 3 years!

So not only is this country showing prices less that 50% of comparable countries - this actual development is around 10% underpriced.

Some developments I visit I get quite excited about - and some blow me away - this is the second development that blew me away in terms of being an absolute dead cert - and I phoned investors there and then, and talked them through the figures!

I will be personally buying in this development, and would urge everyone to look closely at this - prices will have doubled within 3 years - and still be very, very cheap!

We have a full time team out there - and are running regular viewing trips out there. 

For full availability contact us as soon as possible! 

 

 
     
     
 

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