Albania Property and Albania Real Estate Market

Posted on 17th September 2010 in Investment

Albania Property and Albania Real Estate Market

Albania Property Group is located in Tirana, the capital city of this beautiful country. Albania Property Group is made of a group of professionals whose main goal is to provide the clients with clear insight into the meaning of investment and purchasing property in Albania. Albania Property Group is a proven resource for property in Albania. Their expertise covers a wide real estate collection in ideal locations for living, retiring or investing in Albania. The company’s real estate inventory features a special assortment of: Albania Property, upscale residential homes for sale, condominiums, investment real estate, farms, mountain properties and vacation rentals.

Albania Property Group main goal lies in leading the clients interested on Albania Property to a successful real estate transaction. There has never been a better time for investing in Albania. Statistics from June record a 20% increase of tourist visits to Albania from the same period last year. One of the strongest points of the Albanian tourist industry is the local cuisine, a tempting blend of Greek and Turkish influences. According to the Bank of Albania, the tourism industry attracted in 170 million Euros in revenue in 2007, making it a major engine of national economic growth. Albania’s economic growth during 2007 was around 6% and in the same year, the government approved a fiscal package which ticks all the right boxes for investors. It included a flat rate of 10% on personal income tax, corporate tax and capital gains tax, no VAT on property purchases with foreigners allowed to own 100% of Albanian companies. In addition, the country has some of the cheapest property prices in Europe, with annual price growth of around 30% year-on-year in the capital – Tirana and coastal regions, indicating all the right ingredients of a newly emerging property market on the cusp of a boom.

New beachfront developments are being introduced with prices as low as 675 Euros/m2 in Vlora City. Also new beachfront development in Shengjin for as low as 29,750 Euros.

Independent lawyers available to help the clients with their dream purchase in Albania.

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Albania Property Group Launch New Web Site

Posted on 4th September 2010 in Investment

Albania Property Group Launch New Web Site

Albania Property Group through the new web site will provide you with trustworthy Albania property assistance on every step of this process. Albania Property Group is the oldest real estate company which has been marketing Albanian properties overseas for over 3 years already and proud to have served hundreds of foreign clients as well as the large and wealthy Albanian Diaspora.

Through the offices in Tirana, Saranda and Vlora they will be there for you on every step of the way. Albania Property Group is present in every coastal city of the country sourcing Albania properties to the foreign markets. Through the new web site Albania Property Group will be offering also after sale services such as: Rental Management, Property Management and Furniture Packages. Albania Property Group is best at offering tailor made packages to the clients that have bought a property in Albania. Albania Property Group considers after sale services a process as important as buying services.

Albania Property Group main goal lies in leading you to a successful real estate transaction. We can help you get the Albanian property or investment of your dreams. Albania is one of the hottest investment destinations in Europe today! There has never been a better time for investing in Albania.

Albania had the highest economic growth over the last four years – with projected growth for 2009 the highest in the Europe – due to a series of government initiatives in recent years that have helped Albania to cope with the impact of the world recession. Albanian GDP growth has averaged 5-6% percent annually. Billions of dollars are currently being invested in all sectors but with special emphasis in: roads, tourism and energy production.

Albanian tourism and investments is flourishing. With new hotels, resorts, bars and restaurants, Albanian private sector in tourism has been growing an average of 22% percent for the last five years. Foreign investments in Albania have increased 59 percent in 2009. Furthermore Albania ambition to join EU in the next 3-5 years that will be another essential drive to push the Albania property market up.

 

 

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