Albania is one of the hottest on the property market. It has beautiful and pristine coasts along the Adriatic Sea. Two of the most significant locations in the country are the vacation town of Durrës and the nearby coastal village of Golem. Interest from InvestimentiImmobiliari in Albania or international capital investors and second-home clients is firmly rising.
It is a more peaceful choice than other crowded travel destinations. Gjirokastra is better identified for its Ottoman structures and architecture. In contrast, Berat is known as a city with thousands of windows. The country is luring foreign property buyers with its scenic views and more than 310 days of sunshine a year. In case you’re looking to own a property there, you must look for Appartamenti in Affitto Tirana; it’s an ideal place to own a property.
The Albanian market is a highly shifting market. The non-tourist market remains gloomy, with the mortgage market continuing to shrink. In August 2015, the total amount of house loans declined by 0.2% to ALL 102.71 billion (€741.7 million) from last year.
Yet Albania’s capital market is slowly showing some indications of growth. During 2014 – 2015, the house price index rose by 2.3%, contrasting with the yearly decline of 3.7% in the last quarter.
The Albanian property market shows substantial potential in the investment game. Also, the rules and regulations of getting a property in Albania, as mentioned in CostituzioneAzienda in Albania, are much more streamlined as compared to other European countries.
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