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Tirana Central Development in Tirana, Albania - Development in Tirana, Albania
 

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Features

  • Unrivalled Opportunity For Investors
  • Freehold Mixed Use Building
  • Secure Underground Parking
  • Excellent Transport Links
  • Strong Rental Yields
  • Central Location

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Tirana Central
Tirana, Albania

From £39,765
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Full details

Tirana Central is a contemporary city style development of one, two and three bedroom apartments and forms part of the UNAZA new quarter which is currently undergoing selective development and has been designed to be an up-market yet affordable area of Tirana.  This 100 unit development offers a perfectly balanced lifestyle for its residents and an unrivalled opportunity for investors.  Tirana Central is a freehold mixed use building comprising commercial ground and lower ground and residential upper parts with a total of 10,000m2.  The commercial areas comprise mini-market, laundry services, restaurant and some bars on the ground floor.  Secure parking is located on the underground floor.

This development is designed for the growing mid-market sector of the residential market.  The developing economy of Albania, and Tirana in particular has witnessed a high demand for quality residential accommodation.  Investors can take advantage of this emerging population who wish to improve their status through moving to new higher specification apartment buildings.

Location:

The capital city of Tirana is in central Albania on the Ishm River.  It is the largest and the most commercial and cultural centre of the country and so compact that it is best explored on foot.  It has a large Italian architectural influence as well as Turkish Monuments, lying exactly between Rome and Istanbul.  Major products include textiles, metal goods, agricultural machinery and processed food. 

The Scanderbeg Square is a huge open space in the centre of the city, while Mount Dajti, at 5,030ft, towers over the eastern side.  Tirana Central is built on a plot situated 400m away from the new Tirana ring road and the Kavaja Street, this being one of the two main access roads in to Tirana.  Situated next to the new Tirana ring road, the development is aimed at young upwardly mobile professionals.  This infrastructure also brings more and more visitors, both tourist and commercial.  Tirana offers excellent growth prospects as its economy is flourishing.  A buoyant local rental market and plenty of regeneration means Tirana has the potential of being a very successful investment area.

Key Features & Facilities:

Very central location
Close proximity to contemporary mini markets and restaurants
Excellent transport links
Investor Payment Plan (50% deposit, 50% finance payable on completion)
Lowest price per sq m amongst any European capital city
Secure underground parking
Strong rental yields on offer due to recent wage increases

Prices:

1 Bedroom Apartments from 42,847 euros to 49,009 euros
2 Bedroom Apartments from 58,243 euros to 66,542 euros
3 Bedroom Apartments from 75,431 euros to 79,947 euros

Payment Plan:

50% on exchange of contracts
50% on completion mid 2008 

 

Property reference: fapa_Dev5165

Disclaimer: Property details, prices and availability are supplied by the developer or the agent and are subject to change. findaplaceabroad.com cannot be held responsible for any inaccuracies.

 

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