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| Location: |
Tirana, Town |
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| Bedrooms: |
1 |
| Price: |
£26000
€38302
$50908
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| Pictures: |
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| Description: |
Dajti mountain, located in the north east of Tirana city is highly sought after by locals and foreigners visiting Albania, due to its dominant and beautiful location. The cable car situated in Fresku district provides trips up the mountain to Dajti National park, where hotels, restaurants and bars are concentrated. Dajti is renowned for its nature, atmosphere and panoramic views of Tirana, and offers enjoyable trips for families as well as individuals.
This all makes Dajti Views Residences in District of Fresku an amazing off plan development, which is very popular with foreign and local property investors. The project is being developed by a large established and reputable construction and development company, behind many successful Albania property developments.
KEY FEATURES:
Brand New off plan apartments in a perfect quiet city location
All apartment have panoramic views either to Dajti Mountain or over Tirana
Apartment sizes from 59.69 - 133sqm
Prices from only € 490 per sqm (€ 33,500 for one bed apt)
15-20% capital appreciation expected for 2008
Underground parking available from € 8500
Rental Yields expected 5 - 7%
Reputable developer with extensive experience
Only 40% deposit paid at pre-contract
Apartments fully serviced, 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 € 26,000, which is an extremely low price for Tirana or any capital city in Europe, equivalent to € 480 per square metre, giving a gross yield of circa 4 - 7%. Albania, thanks to its latest legislation for property investment is offering mortgages to foreigners, with competitive rates of 7% in with interest only payment options also available.
Tirana property, like property in the rest of Albania is experiencing strong capital growth of around 15-20% per year. In fact Albania has benefited an average 15% growth per year for the last four years. This growth is being driven and supported by huge demand from the local market as well as returning members of the Albanian Diaspora.
The development is currently on Skeleton/shell stages, which reduces the investment risk --construction works are well ahead of schedule. The completion is expected last quarter 2009.
Please contact us for more information.
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| Agent: |
David Stanley Redfern Limited
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| Company info: |
We at David Stanley Redfern Ltd are extremely proud of the reputation we have developed in the overseas investment property industry. We don't just hope to turn leads into clients; we aim to turn potential investors into friends - whether they buy or not.
And that is an aim we are known for being incredibly successful at, our wanting to help people, and enjoying sharing our expertise about the potential minefield overseas property investment can be, means hundreds of our clients have our sales team's direct dials in their phonebooks and mobile contacts. Like I said this relationship begins at the first enquiry, and in the event of a sale it continues until the client is completely happy with every aspect of their purchase.
To invest in an off-plan property, complete trust is essential, that is why we maintain our membership to the Association of International Property Professionals, and have made membership of the AIPP a pre-requisite for any company we consider entering into any kind of partnership with -- to ensure nothing is left to chance when it comes to maintaining our reputation for trust and integrity.
A testament to our unparalleled port-folio, from the world's hottest new emerging markets to the most established is the level of attention we get from the press, having appeared in 15 major publications, including the Times, The Guardian and the Express three times, all in the past six months alone. We could have written this profile in just 8 words: David Stanley Redfern Ltd: Choice, Integrity and Trust.
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