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Albania - 1, 2, 3 Bed Apartments for Sale in Tirane

Home » Property For Sale » Albania » Tirane » 1, 2, 3 Bed Apartments

Property ID: 447606

Apartment

Price : £23,000 to £42,000

Delivery date: September 2008

Key Features

  • - Prices from £23,000
  • - Cheapest capital city in Europe - by around 50%
  • - Last Emerging market in Europe!
  • - LTVs available up to 70%
  • - Rental Yields of 7% expected
  • - Capital Growth of 30% per annum expected

Prices from just 600 euros/m2 or £23,000!

Rental yields (gross, including parking) expectations up to 7%

Massively undervalued market - 40% of some comparable markets!

Full Description

 

Why Invest in Albania?

Simply how great value the property is! Prices in a capital city for around 600 Euros/m2 - or from £15,000!! This is incredible value - and with rental yields of 6-8% and a strong rental demand, this is a fantastic opportunity!

These prices are around 40% of what would pay in Montenegro, and 25% of what would pay in Budapest or even Bucharest!  This is astonishing value - and with build costs at 350-400 euros/m2 - margins are low - and prices will not stay this low for long - in fact I fully expect prices to double in the next 3 years!

So not only is this country showing prices less that 50% of comparable countries - this actual development is around 10% underpriced.

Some developments I visit I get quite excited about - and some blow me away - this is the second development that blew me away in terms of being an absolute dead cert - and I phoned investors there and then, and talked them through the figures!

I will be personally buying in this development, and would urge everyone to look closely at this - prices will have doubled within 3 years - and still be very, very cheap!

We have a full time team out there - and are running regular viewing trips out there. 

For full availability contact us as soon as possible! 

 

 

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