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Off Plan €29,301
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Sarande, Albania
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Status: Available Now
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Sea Views
Close to Centre and Port
Walk to Beach
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Bedrooms: 1, Bathrooms: 1
NOW WITH SWIMMING POOL! Sea View apartments from €650/sqm First Phase only 30 apartments 1 bed prices from €29,301 (£22,400) 2 bed prices from €57,200 (£40,000) New road from Tirana under construction Expected Capital Growth 20% in 2008 40% deposit (from £8,560) - balance possible through mortgage
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 €30,719, which is a low price of €650 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.
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