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Old 22-09-2007, 12:19 AM
Kim Kim is offline
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Join Date: Sep 2007
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Quote:
Originally Posted by Stingo View Post
Dear Soup Dragon
As well as dealing extensively in the bouyant market of Montenegro, we also have wonderful beach front and City development investment opportunities in Albania.
As the orginal UK agency to go into Albania we have been actively trying to promote the country to the masses that feel that Montenegro is too expensive especially as a country it does not offer sensible finance as yet. It is offering fairly competative finance on certain developments however.
Albania is full of opportunities for the investor ready to add further diversification to their portfolio.
The country certainly comes with a chequered past but from what we have seen over the last two years it is now full of optimism and we have had huge interest for land and off plan property over the last year.
The country has low inflation, high GDP and decreasing unemployment to acceptable levels as well as continous investment from US and Europe which will increase as the country goes towards European ascension .
Finance is available through major European banks and is a main trade corridor from Italy to Russia.
Montenegro is a wonderful country and I have invested there myself but the market is becoming increasingly difficult to buy into now for average investor. We are finding that buying into investment funds for land purchase and development is proving popular as the outlay is very very low with small risk but high capital growth.

Drop me a PM at any time if you want to know more.

Stingo
I researched Montenegro having been introduced to an agent by the Ambassador, who I met in London. my concern was the amount of land being bought by Russians. it worried me how impressed this man with contacts at very senior government level was with the Russian buying power.
The concern is that when it comes to planning permission the authorities will allow whatever they demand. thus spoiling areas for others and flooding the market with very low cost poorly constructed high rise appartment blocks. The likes of which have sprung up in Croatia! Beware there ae advantages to strict Draconian planning authorities.
Is Albania going to be different, if so I would fancy some land for developement there.
Kim
Kim
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