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Tirana Albania Capital City Apartments from EUR22,071 / £17,430

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Old 17-06-2008, 10:31 AM
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Join Date: Nov 2007
Location: London
Posts: 28
Default Tirana Albania Capital City Apartments from EUR22,071 / £17,430

Amazing buy-to-let apartments available in the emerging “Kashar” location in Tirana.



This development has just been released and will be extremely popular with the locals. Foreign investors have the excellent opportunity to take advantage right now.

The Tirana-Durres corridor will become a major commercial and residential corridor linking these two major Albanian towns. Also the ease of access to the airport will be a contributing factor to the high demand as well.

Why Invest in Kashar View Apartments:
  • Initial Release Only €420/sqm
  • UNDERVALUE - Completed apartments nearby are around €500/sqm
  • 1 beds from €22,071 (approx £17,430)
  • 2 beds from €34,839 (approx £27,510)
  • Excellent city location - only 10-15 mins from the centre
  • Regeneration Area - close to new ring road and future commercial district
  • Close to new planned park
  • Capital Growth min 15% in 2008
  • Rental Yields from 6 - 7%
  • Low Purchasing, Running and Selling Costs
  • Reputable developer with extensive experience
  • Only 40% and balance may be possible through a local mortgage
  • Hassle Free Buy-to-Let Purchase: Full Service Available through our local Tirana Office - Letting Management, Snagging, Finance

Also this development is not far from the largest new shopping centre under construction - CityPark Tirana - The Largest Shopping Center in Albania : Fresh Property Co.

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
  • 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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