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Property for sale in Tirana, Tirana
1 Bedroom Apartment
Price: 31000 EUR

Dajti Views Development - 85% SOLD!! Prices from only €31,337 (£23K) for one bed apt!!
Dajti Views development is selling very fast to local as well as international market!! The Fresku district is the only location that middle class Albanians prefer to reside!! Dajti Views development consist of apartments, commercial and underground spaces and offers fantastic living quality for families and students with all local amenities within walking distance. The development is already in plastering stages which makes the investment very secure.
Dajti mountain located in the north east of Tirana city is due to it's dominant and beautiful location highly sought by locals as well as foreigners visiting Albania. The cabled car situated in Fresku-Qesarake district and provides trips onto the mountain to Dajti National park where hotels, restaurants and bars are concentrated. Dajti with all it's nature, atmosphere and panoramic views on Tirana offers enjoyable trips for families as well as individuals.
This all makes Dajti Views Residences in District of Fresku an amazing off plan development. This area is considered to be very popular for property investments by foreigners and locals as the fantastic location means purchasing apartment in prestige area.
The project is being developed by a large established and reputable construction and development company who has already developed other projects in the past.
KEY FEATURES:
Brand New off plan apartments
In a perfect quite city location
All apartment with Panoramic views either to Dajti Mountain or views to Tirana
Apartment sizes from 59.69 - 133sqm
Prices from only €525/sqm (€31,337 for one bed apt)
Capital Growth expected 15-20% in 2008
Underground parking as an option from 8500 euros
Rental Yields expected 5 – 7%
Reputable developer with extensive experience
Only 40% deposit paid at pre-contract
Full Service, Letting, Management, Snagging and Finance
Service charges expected €3-5 per sqm per Year
Non Resident finance/mortgage available with interest only payment options
Unit prices start from €31,337, which is an extremely low price for Tirana or any capital city in Europe which is of €525 per square metre and produces a gross yield of circa 4 - 7%. Albania, thanks to it's latest legislation for property investment is offering mortgage finance to non residents with competitive rates of 7% in euros with interest only payment options also available.
Tirana as well as all Albania is experiencing a strong and healthy property Capital Growth of around 15-20% per year, and in fact Albania has benefited an average 15% growth per year for the last four years. As a matter of fact property in the last 5 years has doubled in value. This growth is being driven and supported by huge demand from local market as well as Albanian diaspora returning back creating even more demand and urbanization.
The development is currently on Skeleton / Shell stages which add more security into the investment and the construction works are well ahead of schedule. The completion is expected last quarter 2009.
Please contact us for more information.
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