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Albania Property Group

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Albania Property and Albania Real Estate Market

Tirana, Albania, February 16, 2009 --( Albania Property Group is located in Tirana, the capital city of this beautiful country. Albania Property Group is made of a group of professionals whose main goal is to provide the clients with clear insight into the meaning of investment and purchasing property in Albania. Albania Property Group is a proven resource for property in Albania. Their expertise covers a wide real estate collection in ideal locations for living, retiring or investing in Albania. The company's real estate inventory features a special assortment of: Albania Property, upscale residential homes for sale, condominiums, investment real estate, farms, mountain properties and vacation rentals.

Albania Property Group main goal lies in leading the clients interested on Albania Property to a successful real estate transaction. There has never been a better time for investing in Albania. Statistics from June record a 20% increase of tourist visits to Albania from the same period last year. One of the strongest points of the Albanian tourist industry is the local cuisine, a tempting blend of Greek and Turkish influences. According to the Bank of Albania, the tourism industry attracted in 170 million Euros in revenue in 2007, making it a major engine of national economic growth. Albania’s economic growth during 2007 was around 6% and in the same year, the government approved a fiscal package which ticks all the right boxes for investors. It included a flat rate of 10% on personal income tax, corporate tax and capital gains tax, no VAT on property purchases with foreigners allowed to own 100% of Albanian companies. In addition, the country has some of the cheapest property prices in Europe, with annual price growth of around 30% year-on-year in the capital - Tirana and coastal regions, indicating all the right ingredients of a newly emerging property market on the cusp of a boom.

New beachfront developments are being introduced with prices as low as 675 Euros/m2 in Vlora City. Also new beachfront development in Shengjin for as low as 29,750 Euros.

Independent lawyers available to help the clients with their dream purchase in Albania.

Albania Property Group
Sam Dardha
Tel: 355 6720 80001

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Albania Property Group
Sam Dardha

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