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Investment Property » For Sale » Albania » Saranda » Saranda Waterfront Resort    

Saranda Waterfront Resort


Location

Albania
Saranda
Sarande

Available units

  

1 Bed
53.2m2 - 77.5m2 from €42,560 to €62,000

  

2 Bed
from 110.8m2 €132,960

Delivery date: December 2009
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Property ID: 410975
















     
 

 Description

Key selling points

  • From only €1,000/sqm
  • One Beds from €43,560 (£41,000)
  • 10% Deposit and Stage Payments
  • 20% UNDERVALUE
  • Close to Centre, Port, Butrint
  • Excellent Rental Potential
  • Price increase 1 August 2008

We are excited to launch this unique and amazing resort in Saranda.  The development consists of 80 apartments and 13 beach front villas.  Every apartment and villa will have a sea view!

Saranda is experiencing strong property growth.  In the last 2 years prices have increased by 20% pa.  This growth is being driven by local Albanians and non-resident Albanians buying holiday homes here.  Also foreign interest is increasing, as more and more people are discovering this beautiful seaside town.

Why Invest in Saranda Waterfront Resort:

  • From only €800/sqm on the beach
  • 1 bed apartments from €42,560 (approx £32,500)
  • 2 bed villas from €132,960 (approx £101,500)
  • 20 - 25% UNDERVALUE - completed front line apartment are from €1,000/sqm
  • Excellent location -beach front and less than 5 mins drive to the centre
  • Resort Facilities - Swimming Pool, etc..
  • Expected Capital Growth min 15% in 2008
  • Rental Yields 4 - 6% with huge potential to increase
  • Low Purchasing, Running and Selling Costs
  • Excellent Staged Payments: 10% Deposit and Stage Payments until Completion
  • Hassle Free Purchase:  Full Service Available - Letting Management, Finance

About Albania

Albania is a very exciting market. It is the final frontier for investment property in Europe. This will be the place everyone will talk about all through 2008. Both carefully selected property in the capital, Tirana, and on the coast will prove to be excellent investments in the lead up to Albania joining the EU, and continuing to receive large amounts of FDI (foreign direct investment).

Why Invest in Albania?

  • The Final Frontier of the Adriatic Region
  • Solid expected rental returns (6%+ est.) and strong local market
  • Exceptional Capital Growth Forecasts
  • Booming Economy and expected Member of NATO in April 2008 and aim to join the EU in 2014.
  • No restrictions for foreigners to buy
  • 10% Capital Gains Tax
  • Very Low Buying, Running and Selling Costs
  • Currency is stable and strong
  • Democratic and stable government
  • Wage growth approx 10% pa
  • Relaxed Lifestyle and Culture
  • Mortgage Financing available for foreigners
  • Beautiful scenery: mountain ranges, idyllic beaches
  • Booming tourism - expected 5.6% growth pa until 2017
  • FDI investment for 2005 was US$273 million

 
     
     
 

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