DURRES BEACH RESORT
DURRES, ALBANIA
Durres Beach Resort is made up of a selection of studio, 1 and 2 bedroom beach front apartments at fantastic value from just €34,000 with sea views.
A super buy to let opportunity the properties are exceptionally good value at prices from just €700 sqm. The development is due for completion in Spring 2010 and also comprises an underground car park (one free parking unit for each apartment).
The Development boasts:
Excellent Beach Location (in largest coastal city) & Large Swimming Pool (Glass covered Swimming Pool located on 3rd Floor with open views to sea) Gym, Fitness Centre, Sauna & Turkish Baths Shopping Centre, Restaurant & Bar It is 20 mins from the International Airport & 25 minutes from the Capital City.
Durres boasts:
All imaginable activities and fantastic rental returns. The majority of Tirana residents choose Durres for weekends / holidays as it is the closest coastline. The county’s largest international Port is also located in Durres and planning is underway for a €40m renovation of same. The Port will serve many EU, Balkan & Black Sea Regions. Work is also underway on the new motorway to which Durres will have a link. This motorway when completed will connect Albania, Greece, Croatia, Montenegro and Kosovo as well as the Black Sea region which is the epicenter for foreign trade.
Relevant Comparison: Similar developments in the same area are being marketed for sale prices of up to 40% higher than Durres Beach Resort.
Expected Growth: is in the region of 30% per annum (emerging market).
Rental Yields – gross (including parking) are expected to be up to 7%.
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If you have any enquiries regarding Albania or would like further information on developments in Albania or any other country, please contact us on 01-6275798 or catherine@makemerich.ie |