Albanian real estate developments make this the best time to buy
The property scene in Albania is still chaotic, as many EU and other independent reports would state. So what does this tell you? Should you invest in Albanian real estate? Is this the right time to invest in Albania properties or should you wait some more time for things to change more?
Albania as a country is still going through a transformation. From the oppressive communist regime to a decade of chaos in the 90s has ensured that the country developed much more slowly than its neighbours. There was a time when you could hardly see private vehicles in Tirana, the capital city of the country. As far as the rest of the country was concerned you can imagine what it would be like. Things started to change after the communist rule was overthrown. However, internal and external strives caused lots of problems in Albania and as a result reforms simply couldn’t happen in the 90s. In fact there was a time when gangs ruled Albania and the government could do nothing about it.
However, the scene has largely changed now and Albania is gradually emerging as one of the hotspots for property investment. The Albanian real estate developers are out in force to develop the large, uncharted territories of the country. It seems that Albania and its people have finally realized that the country has immense potential and this is what is now leading to massive work in the domain of Albania properties as of now.
Today when you visit Tirana you can still feel that the city needs a lot of work to be done. There are some swanky neighbourhoods, especially around the university. But go a few miles on either side of the posh localities and you can still find similar looking houses that remind you of the drab realities of communism. Touches of colour here and there have been made to make things look more attractive but the Albanian real estate industry has a long way to go still.
If you are looking from the investment perspective this is perhaps the best time to invest in Albania properties. While the developments are still on the prices charged by the Albanian real estate developers is well within anyone’s budget. Large buildings and other construction is going on in full swing and soon the prices are going to shoot up.
And there is no need to limit yourself to Tirana because Albania thrives on its beaches too. Vlore in the Albanian Riviera is one of the most beautiful places in the region. It is thronged by tourists from all over Europe and the rest of the world. There is this virgin beauty about Vlore that is still getting explored. Before it turns into an expensive tourist destination why not invest in Albania properties here? And this is just one example.
Choice Albania properties are still available for less. Invest in Albanian real estate now and you will reap the benefits a few years later. And oh yes, Albania is really pretty.
Albanian real estate in multiple locations makes for best buy options. Albania properties are selling like hot cakes at the moment. You should buy yours now.
Processing your request, Please wait....
