Excellent year round climate with average temperatures between 22-30 degrees allowing for excellent rental potential:
- On the Adriatic sea nestled in between Greece and Montenegro and opposite Italy
- The last undeveloped coastal area in Europe with prices that cannot be beaten for frontline coastal property
- Large, untouched expanses of golden sandy beaches, set against the clear blue warm waters of the Adriatic Sea.
- EU accession anticipated by 2014, recent EU entrants have seen property prices increase by between 40% -100% in the five years since accession.
- Regular direct short flights from all major European cities.
- Rapidly growing tourist market with EU entry likely to cause massive demand and price increases.
- Property prices have been increasing by approximately 20% annually for past 5 years
- Strong local tourism underpinning rental demand.
- A stable government and parliamentary democratic system of free elections
- No ethnic or religious strife
- Genuine low cost of living.
- No Capital Gains Tax and only 10% payable on income within Albania
- Freehold purchases in own name with no complicated structures required.
- Mortgage finance available.
- Heavy investment in infrastructure
DID YOU KNOW?
- EU accession anticipated by 2014, recent EU entrants have seen property prices increase by between 40$ – 100% in the five years since accession.
- Albania is the last undeveloped coastal area in Europe with prices that cannot be beaten for frontline coastal property
- Albania allows freehold purchases in own name with no complicated structures required and mortgage finance is readily available
- Albania has direct short flights from all major European cities and string local tourism underpinning rental demand
- Albania is situated on the Adriatic Sea nestled in between Greece and Montenegro and opposite Italy
- Albania has no Capital Gains Tax and only 10% payable on income.
- Albania has large, untouched expanses of golden sandy beaches, set against the clear blue warm waters of the Adriatic Sea.
- Albania has a rapidly growing tourism market with a genuinely low cost of living. EU entry likely to cause massive demand and price increases
- Albania has a stable government and parliamentary democratic system of free elections
- Property Prices have been increasing by approximately 20% annually for past 5 years
