Reasons to Invest
Foreign investment is being encouraged by Albania’s newly democratic government, with coastal areas being developed for tourism growth. Investors are keen on the emerging market prices holding fantastic potential for capital gains, following the growing economic stability of the market. Purchasing costs are incredibly low and taxes are nearly non-existent, enabling greater returns on investment purchases.
Consider the reasons why Albania holds appeal as an overseas property investment market, with great future potential. Read more here
Features & Benefits
Featuring a location and climate similar to near-by Mediterranean destinations, the tourism potential for Albania can lead to massive growth in the property investment market. Considered to be one of the last European markets with the earliest emerging market opportunities, Albania is an ideal real estate market for capital growth returns.
Discover the features and benefits of property investing in Albania to see why the region offers an attractive emerging market.Read more here
Past, Present & Future
The real estate market in Albania is currently in its infancy, with the establishment of the current pro-active government entering power in 2005. The emerging market offers great potential for future growth, yet is considered to be a high risk location due to the country’s recent past with communism regimes and a collapsed economy. If the current reforms throughout the country enable access to the EU in 2014, it is predicted that the boom of the property market will enable early investors to make maximum possible returns.
Consider the past and present of Albanian real estate, to see why the market appears ideal for investing for future benefits. Read more here
Investors Guide to Albania
The purchasing processes in Albania are very similar to other European markets. Buyers wishing to obtain financing will be surprisingly pleased with the competitive and established mortgage market. Associated buying costs are very low in the country, offering improved opportunities for increased returns on investments. Taxes in Albania are based on a fixed rate, with no inheritance tax.
Discover the buying processes, financing opportunities, associated purchasing costs and taxes associated with investing in Albanian real estate. Read more here
Visitors Guide to Albania
Albania has different entry requirements to many other European countries as it is not yet a part of the European Union. Most nationalities require a tourist visa to enter the country and residency needs to be obtained if planning to visit for more than 90 days. Travelling around Albania can be quite an adventure with the train and road networks currently undergoing reforms.
Consider the required documentation, visas and transport options for visiting Albania, along with health and safety issues for an enjoyable visit. Read more here
Key Facts - Albania
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Climate - Albania is a very mountainous country with a similar summer climate to Mediterranean regions. Rainfall in the lowland areas is common throughout the cool winters, while the mountainous highland areas experience heavy snowfall from November to March. |
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Cost of Living - Cup of coffee 30 pence (50ALL), loaf of bread 40 pence (60 ALL) |
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Currency - Albanian Lek (ALL) - £1 = approx. 150ALL |
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Getting There - Albania has one international airport in Tirana, the capital city. Flights are available from airlines such as British Airways, Lufthansa, Austrian Air and the national carrier Albania Air. From the UK flight connections to Albania depart from Gatwick and Stanstead airports. Flights to Tirana are available from a variety of European cities, allowing a range of competitive options. |
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Time - GMT + 1 in winter and GMT + 2 in summer |
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Population - 3.6 million |
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