Profitable Investment Real Estate For Sale in Albania
Albania, located in Southeastern Europe on the Balkan Peninsula, a European Union membership candidate, which when completed would further support property values as the country aligns with EU standards.
Presently tourism in Albania is a major economic driver due to the coastline with the Mediterranean, which is creating strong demand for vacation or holiday rentals long- and short-term.
In focus are locations in Albania such as Sarandė, Vlorė, and Durrės, which all offer sought after views of the Ionian and Adriatic Seas.
Popular areas of Albania with International Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
Albania, located in Southeastern Europe on the Balkan Peninsula, a European Union membership candidate, which when completed would further support property values as the country aligns with EU standards.
Presently tourism in Albania is a major economic driver due to the coastline with the Mediterranean, which is creating strong demand for vacation or holiday rentals long- and short-term.
In focus are locations in Albania such as Sarandė, Vlorė, and Durrės, which all offer sought after views of the Ionian and Adriatic Seas.
