Albania Property

Bustling cities and a beautiful Balkan coastline are major attractions to property buyers in Albania, while for now there is a distinct shortage of property in both locations. Capital growth for timely investors has averaged at around an amazing 30% per annum since 2004 in some popular areas such as Tirana and certain coastal resort areas, but prices are still low, averaging approx. 50,000 to 80,000 EUR (£33,000-£53,000) for a sought after two bedroom apartment in Tirana or a newly built apartment in a beach resort.

As one of the poorest countries in the world, Albania allows investors a chance to buy into the very early stages of an emerging property market. Buyers are relying on Albania’s steadily developing economy that promises further price increases for the future. Another encouraging sign is that Balkan holidays are increasing in popularity amongst UK holidaymakers, making for a good potential property rental market.

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