Albania
The Republic of Albania, is a Balkan country in South-eastern Europe. It borders Montenegro to the north, Kosovo the northeast, Macedonia east, and Greece to the south. It has nearly 400km of beautiful coastline with the Adriatic Sea to the west and the Ionian Sea to the south-west. Albania was first populated in the Stone Age, over 100,000 years ago.
On April 3rd 2008, Albania formally accepted NATO's invitation to start talks on joining the alliance, hoping to become a full member in 2009. This is a significant step forward for Albania and sets the stage for EU membership ambitions.
Albania's EU membership bid has been set as a priority by the European Commission. In July 2006, Albania signed its EU Stabilisation and Association Agreement, thus completing the first major step towards joining the EU.
Property is seen as a lead economic driver and is now presenting many unique and enterprising opportunities.
Albanian property investments offer outstanding potential for residential and commercial buyers in one of the world’s fastest growing property locations at a fraction of most other European locations.
Why invest in Albania?
Property in Albania is being purchased by shrewd investors, keen to take advantage of the current low prices and sit back to watch the value of their properties increase at a rapid pace.
This market is as a result of extensive World Bank funding making improvements to infrastructure and tourism industry following Albania’s dark days under communism.
Albania is an excellent viable option for investors seeking promising ‘Buy to Let’ opportunities with significant profitable returns on their investment.
Albania is now under 3hrs from London and other major European cities with direct flights making it easy to get to. Any investor will tell you, the earlier you get in the greater the rewards… this is the perfect time to come to Albania. This is a country with stunning natural beauty, heritage, sun, sandy beaches and plenty of great food and drink at very low prices.
In a nutshell, here are a few Good Reasons to Invest in Albania:
- Early stage in Albania’s development; ideal time to invest
- Huge tourism growth potential
- Stable government committed to economic reform
- On route for NATO and EU membership
- Excellent low land and property prices
- Short flight times to all major European cities
- Most favourable mortgages for foreigners
- No Capital Gains Tax
- No VAT
- Average Summer temperature 32Cc Winter: 9C
