Originally Posted by fresh1

Firstly Mick, I just want to say that I think your advice is excellent. Too many people get caught up in the idea and what agents say.

Secondly I believe off plan apartments have excellent potential in Albania. But of course, this is where agents can inflate prices (especially to foreigners), so what somebody thinks is a cheap property investment might actually be inflated, so due diligence is definitely recommended.

In Tirana, for example, 500 Euros/sqm might be cheap in one area, but expensive in another. Even in the same area like Kashar, the southern part has off plan properties around 400-450 Euros/sqm, but along the Durres corridor the prices are more like 500 - 600 Euros/sqm.

Yes it seems most investors understand that Albania is currently for capital appreciation, especially on the coast. But with the current prices (from 30,000 Euros), most investors arent desperate for a huge rental return- just yet