TIRANA, Feb. 18 – Overseas property investment specialists David Stanley Redfern Ltd, an overseas emerging market specialists company offering advice to property investors from around the globe, has compiled an overall review from the flurry of assessments, expectations and promises held for 2008, which reveals that the Americas and emerging European and Asian markets are among the most promising areas for investments.
The five most talked about investment hot-spots on the marketplace today are Albania, Panama, Canada, Thailand and India.
On Albania, the company says: “When you combine the benefits of no capital gains tax, transfer tax or VAT with escalating tourism and rental yields that are certain to become far more attractive when Albania joins NATO this year, and also the EU in the future, it’s clear why Albania’s causing quite a commotion among investors”.
Specialists are currently offering beachside properties from just ó2,000 in Albania, a widely anticipated forerunner of 2008 property investment. Not surprisingly, these one to two bedroom apartments are not expected to be available for too long. And in a country that is expected to achieve an annual 20 percent capital growth, six percent GDP growth and ten percent growth in its rapidly developing tourism industry, it’s perhaps little wonder. Albania’s profile amidst its counterparts on the property investment marketplace is most attractive, and with massive investments alluring redevelopment that’s taking place, Albania’s worldwide appeal can only escalate.
David Redfern said: “Property development in Albania has rocketed, making it a realistic and affordable option in what could prove to be a market leading country of the future. Savvy investors from around the globe will surely take advantage of these great apartments, their incredible location and their unrealized status.”
The Shengjin Beach development itself sits on a peaceful 3km beach and offers communal gardens, retail outlets and considerate lift service to any investors who buy a prestigious apartment. Inside each apartment you’ll find a fully fitted porcelain/chrome bathroom, floor and wall coverings and complete plumbing for the installation of a kitchen. On top of that, optional air conditioning, furniture packages and property maintenance services are also available. Parking is also available but only on a first come first served basis.”
The humble coastal town of Shengjin in northern Albania is an established tourism hot-spot just 60km from Tirana airport. It sits amidst the timeless splendor of an unspoiled scene that affords expansive views of the Adriatic Sea and surrounding mountainous terrain. The resort offers numerous local activities such as trekking, windsurfing, caving, fishing, surfing, skiing and an array of culinary delights. There is beach volleyball and even an archaeological museum to discover.
