1 Bed Apartment for sale in Albania

Situated in the modern suburb of Kashar, approximately 4km from the centre of Tirana, the impressive Fortesa Residence offers one and two bedroom apartments in a modern stylish development from 42,975 Euros.

Following the success of Buildings 1 and 2, the Fortesa 3 and 4 buildings are the latest release in this large development. These two buildings consist of 73 apartments over 7 floors and are due for completion at the end of 2009.

The attractive and original concept / design of the Fortesa Residence has been realised by the most reputable architectural studio in Albania and will eventually house 240 apartments in a total area of over 40,000sqm. The development will incorporate parking on the lower ground floor, shops, bars and restaurants on the ground floor and offices and shops on the first floor with the apartments located from second floor upwards.

Situated at the entrance of the city and just 400m from the main Tirana / Durres highway, the development is aimed at young upwardly mobile professionals. The growth in population in Tirana and the developing economy has creating a rapidly emerging middle class and this emerging middle class is looking to improve their status by part by moving to new higher status apartment buildings such as the Fortesa Residence.

Suitable for buy to let investors in the dynamic residential property market of Tirana, apartments will be fully finished with central heating (independent meters and controls), tiled floors, painted walls, fully furnished bathrooms, finished kitchen without appliances, electrical sockets, cable TV and telephone connections.

Lifts will link all floors and there will be an ornamental garden in the elevated courtyard that is enclosed by the buildings,

Five key reasons to buy:

1. Albania's low inflation, budget surplus and stable government is attracting high levels of foreign private investment

2. EU Pre-accession Assistance will provide a total of €11 billion over the period 2007-2013

3. New roads are being built linking Vlora to Tirana and the new terminal that is already open at Tirana Airport increase accessibility

4. GDP Growing at a healthy 6% per year and set to accelerate

5. Just a 3 hour direct flight from the UK


Some Important Points To Consider When Choosing Which Agent to Use When Buying in Albania….

Unlike other agents selling property in Albania, we always undertake due diligence checks on the property and ensure that ALL the necessary documentation is in place PRIOR to marketing.

Unlike other agents selling property in Albania, we try to personally view all developments prior to marketing during our regular visits to the country.

Unlike other agents selling property in Albania, we can provide a full property management, maintenance and rental service following purchase through our partner agency, the largest estate agency in Albania.

Unlike other agents selling property in Albania, we can provide furniture packages directly to our clients in order to complete their purchase.

Reservation fees are sometimes paid to agents however the purchase price for the apartment should be paid to the Developer, not an agency or third party.

Although we undertake a thorough due diligence check on all of the properties that we market, we advise any potential buyers to appoint a lawyer to independently check the building and planning permissions and ensure that they will obtain clear title to their property following the completion of the building and final payment. For all of the developments that we market, we can advise of an independent lawyer to work on your behalf.

Enquire now for full and comprehensive guidance to buying property in Albania.