Quote:
Originally Posted by Yogi
I am a total Albania novice, I admit I have not given it any thought before but this thread intrigues me.
Given Albania's proximety to Western Europe any buyers from there will, presumably, want to utilise their investment themselves especially as it seems the Rental market is not yet there. This means the property will be unoccupied for large parts of the season so the owners will have more oppurtunity to use it themselves.
Given this, what is Albania like at the moment as a destination to visit? Is it family freindly, what are the restaurants like, health care, infrastructure etc..etc... ??
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Hi Yogi, yes, the rental market is coming. I am actually writing an article at the moment on the rental market in Albania, as there are 2 markets - buy-to-let long term and short holiday let. I will be publishing this article next month.
But yes, you are right, for buying coastal properties in Albania, you can do well to rent it for the holiday season and use it yourself outside the main season.
Yes Albania is family friendly, the restaurants and food are excellent - no McDonalds or other horrible food - it's all organic (for the moment). Lots of fish, salad, lamb, beef and fresh vegetables. There is also a strong influence from Greek food and Italian food.
I havent needed the health care yet, but I havent heard anything particularly bad. Infrastructure is improving - new highways between the main towns are under construction and will be fantastic when finished. This should be around 2010, and some around 2011, maybe sooner.
I guess you are thinking to use it yourself, rather than investment?
Cheers
Fiona