Albania Real Estate

Albania Real Estate

by

Taylor White

Albania is a Mediterranean country filled with picturesque sceneries along the Ionian and Adriatic coasts. These days, the real estate in Albania is attracting immense attention from international investors, holiday makers as well as large investment companies. Albania offers beautiful views and sceneries, thousands of miles of pristine sandy coastlines, beautiful beaches, mountains, castles, ancient monuments and archeological sites. It is also a key holiday destination for Macedonians and Kosovans.

Another reason why international investors are gaining interest is Albania real estate is due to the fact that it is one of the fastest emerging markets in Europe currently. If you are planning to move to Albania, you will either need an apartment or house on rent or you will have to buy a property. According to the Albania real estate listings, good, big size Albania rentals are available for around $1200 a month. However, if you are looking for something more special and luxurious, you may have to dish out something around $3000. However, remember that even after spending $3000 a month, you will not get a property that looks beautiful from the outside. In Albania, it is believed that a beautiful looking house is an invitation to robbers. Therefore, all houses look ugly and unpleasant from the exterior. However, how to decorate the interior totally depends on your personal choice and taste.

The Albania real estate prices are a lot higher in the capital city if compared to the average income of a citizen in a month. Most of the real estate in Albania capital is priced around $300 and $650 per square meter. On the other hand, Albania rentals are available at a price ranging between $200 and $400 for a 2-bedroom apartment. 3 bedroom apartments are available for $800, whereas you need to spend $1200 for 4-room condos.

On the other hand, Office rents in Albania vary between $5 & $19 for each square meter each month. However, they may even go up to $40 a month in areas like Tirane downtown. Albania rental rates for commercial properties are quite similar to these. Similarly, you can also buy lands at the rate of $5 – $10 per square meter. This price may go up to $100 for lands around high-speed inter-state road that is under construction from Durres to Bourgas in Bulgaria, via Macedonia.

The relatively high rates of Albania real estate are due to the fact that more than half of Albanian males work abroad in countries like Greece and Italy. They send part of their salaries to their families back home, who spend a major part of this money in the market, thus explaining the high prices in the country. Still, the real estate in Albania is currently a hot favorite amongst the investors from foreign countries.

International Real Estate Listings is the worldwide leader

Albania real estate for sale

, Albania real estate exchanges, and

Albania rentals

. Albania real estate owners, agents, and developers are encouraged to create an account, upload an unlimited number of listings, write as much creative property details, include a You Tube property video, and it will be activated as a basic listing for 6 months, free.

Article Source:

ArticleRich.com