Ref: HS1138512

Saranda Vista

From EUR €29,361  (approx. GBP £27,161)

  • Apartment (Off Plan)
  • 1 Bedrooms
  • 1 Bathrooms
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About the Apartment

  • Property: Apartment (Off Plan)
  • Bedrooms: 1
  • Bathrooms: 1
  • Receptions: N/A

Sea View apartments from €620/sqm. First Phase only 30 apartments 1 bed prices approx €29,301 (£22,000). New road from Vlora under construction. Expected Capital Growth 20% in 2008. 40% deposit (from £8,800) - balance possible through mortgage.

Features

The development is located in Saranda, Albania and consists of 60 units. These apartments are divided into 2 blocks of 30 apartments.

Currently Block A is for sale, as this Block has full planning and building permissions and construction will start imminently. Block B is awaiting final permissions, and will be released in approximately 2 months, at a higher price per square metre.

Block A apartment prices start at approx €29,301, which is a low price of €620 per square metre. Mortgage finance is available and this is the only market in the region where you can also obtain Interest Only finance!

In addition, Saranda is experiencing strong property growth. As a matter of fact property in the last 2 years has increased by 20% pa. This growth is being driven by local Albanians and non-resident Albanians buying holiday homes here. Also foreign interest is increasing, as there is a new highway under construction from the capital Tirana, and Saranda is only 30 mins by ferry from Corfu.

Why Invest in Saranda Vista:

The last emerging market of Europe! - be first!
Only €620/sqm
1 & 2 bed apartments - All SEA VIEWS!
From €12,288 (£8,800) deposit only.
Excellent location - close to beach (6 mins walk) and centre (10 mins walk)
Capital Growth min 20% in 2008
Rental Yields 4 - 5% with huge potential to increase
Completion mid/end 2009
Low Purchasing, Running and Selling Costs
Only 40% and balance can be paid through a local mortgage
Hassle Free Purchase: Full Service Available - Letting Management, Snagging, Finance

Plot Size: N/A

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Location

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From EUR €29,361 = GBP £27,161*

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