Article

Article by: info@albania-properties.co.uk (Ismet Terziu) Published: 30/12/2011

Albania property values have stood up to the fierce crisis that has swept across the most part of the world. Albanian economy has shown that it has continuously grown by 4% during 2009, 2010 and 2011 and forecasted at 4.3% growth for 2012.

With a fantastic climate, sandy beaches and an agenda to be part of the EU family in the future, there are only positive outcomes expected in the future for Albania. Albanian tourism has also seen massive increase in numbers, in 2011 there were an estimated 3 million tourists that did visit Albania in 2011.

Albania would be perfect for second second home or holiday property destination as it ticks all the boxes. More importantly, Albania only started to be discovered by foreign property buyers at the end of the boom and prices did not have a chance to increase compared to neighbouring countries.

With rock bottom taxes at 10% capital gains and no taxes when purchasing except of small approximately 1% purchase costs that include legal fees, notary, title transfer and water & electricity connections, Albania real estate is the one to watch.

Furthermore, all these off plan developments that started to be build at the time when the crisis started, these properties are now completed but are being sold at bargain prices.

You can buy apartments in Tirana for 35,000 Euros, with keys and title deeds ready to go. Or you can still buy beachfront under construction one bedroom beachfront apartments in Vlora at just 25,000 Euros.

About Albania Properties

Albania Properties, offering wide selection of properties and lands for sale in Albanian coast and in main Albanian cities. Albania Properties, currently is offering sea view lands with planning permission in Albania and beachfront apartments at very low prices.

For more information visit: http://www.albania-properties.co.uk or Albanian version: http://www.holiday-property.net/

 

External Article Link: http://www.property-partnership.com/overseas-property-guides/overseas-property-guide.cfm?id=369

Article Link: http://www.property-partnership.com/overseas-property-guides/overseas-property-guide.cfm?id=369

Please contact the author at info@albania-properties.co.uk for more information.