I agree its one of the best places at the moment to invest but really tired of hearing from property companies that new builds are the only way forward. This is purely for profit. Its far easier and less complicated for these companies to sell 250 units under one roof than 200 properties around the city and the profit levels are far far higher for the company. New builds have a fair degree of risk too. There is countless people who could attest to this especially in Bulgaria. Yes a far greater degree of research and scrutiny has to be done with resales but is this not all part and parcel of investing?

Does anyone have a opinion on renovating properties in Tirane ? Mabey this would be an ideal spot to buy 3 or 4 properties that need a fair bit of work but in excellent locations. In 7 years i think these properties will have a far higher profit margin that the new builds that are going to be flooding in soon? i would love to hear any opinion or any critical responses? Is there somebody who has done this before in another city in the early stages ?