Albania; The New Property Hub In Europe
Albania: is this the next property supermarket
?
Albania in Europe has lately begun to emerge as a rising property investment place that veils in it many benefits for investors. Experts from the property scenario were not hesitant in saying that Albanian real estate is gradually emerging as a strong property investment hub which has attracted buyers from not just the country, but abroad. The reasons for this growing popularity are a combined effort of the government as well as private developers who are working to improve the real estate sector of this place rapidly. In the next five years or so the infrastructural changes that will come in are bound to add to Albania a new boost in the property investment scenario.
Albania real estate: the current conditions
Presently Albania is a good market, which can be said after seeing the housing stock and infrastructural changes taking place. The EU membership is another feature that has already started benefitting the Albania property market and will continue to do so even in future. The many ongoing projects in the official, residential, commercial and retail scenario are further motivating investors to buy properties in Albania. Although in its budding stage, but the speed by which development has begun, the country will soon emerge as a strong supermarket for property investment.
The low property prices are a major feature
The property prices in Albanian real estate are considerably low presently which has lured investors from all over to buy properties now. Its always said strike hammer when the iron is hot, thus its the best time now to invest in Albania. The low prices are prevalent in not just the residential market, but even commercial development and retail infrastructures are offering this liberty to buyers.
The real estate in Albania has ample potential still unexplored
The government in Albania is constantly working hard to add many new developments to this country. Six new business parks that will be well connected with all means of transport is just one such most talked about project still on paper. Also, Albania properties offer buyers many types in one location. On one hand the centrally located places offer apartments and homes in Albania still the coastline offers beach homes and beach houses that are loved by buyers who believe in living life differently. All in all, the Albanian real estate majorly remains unexplored and only time will unveil the ample potential the real state and property scenario here packs.
Investors from UK have added benefits
Buyers from all over can enjoy benefits when buying an Albania property, but the country particularly prefers buyers from UK. Easy loan availability of up to 80% value of the home, EU membership, English speaking agents with documentation in English and easy fee and interest on loans are just few such favoring factors.
Albania is gowning and that too rapidly
It can be clearly seen that Albania is gradually emerging as a strong power in property buying scenario and this is true for not just Albanians but buyers from anywhere on the planet. So, if seeking to make a great investment in property in Europe, then it cannot get any better than doing so in Albania.
by: Julian Xhelili
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