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Property for sale information

 
Vlora Alba Residence, Vlora, Albania  
Reference nr: Alba Vlora
Description:

Albania Property Group would like to introduce you to a development in Vlora - VLORA ALBA. The first residential complex in an area which is well thought-out under the new master plan of Vlora municipality. Over the next few years apartments in this area will be evaluated even more.

Vlora Alba Residence is offered Exclusively from Albania Property Group. It is located between the most important main street of Vlora, heading for the future tourism and the traditional beach of the city. The high standards are now coming to the seaside of the Old Beach in Vlora.

Only 500 meters from the “Skele” center, along the Old Beach, is located Vlora Alba Residence, for those who want to spend their vacations, as well as for everyone who wants to make this place into their everyday home.

Urban quality, low number of floors, green spaces, ample and flexible apartments... all of these are laid out along the traditional beach of Vlora of modern times.

Key Features

* 3 blocks of apartments built
* 5 residential floors & 1 commercial floor.
* Apartment size starting from 66/m2
* Completed within 2010.
* Low density of construction only 35%
* All apartments with sea view
* Service areas in ground floor
* 25% under market value
* 20% expected growth rate
* Port of yachts is going to be organized in the port nearby.
* This investment has the potential to give a very highest possible ROI in Vlora area.
* Only 400 m way from this residence there will be a yachts’ port
* A new road is being constructed on the back of the complex.
* Option to buy discounted multiple units or floors
* Yields for this area are expected to be around 10% in summer
* Apartments from only €600 Euro/m2, or from € 40,000

Bedrooms: Bathrooms: Price (€):
1 1 40,275
1 1 44,697
2 1 59,500
2 1 62,560
3 1 45,292
Features:
Beach
City
Submission Date:
02-06-2009
Last Update:
11-21-2010
Advertiser Details:


Name:
Ilir Konomi

Company:
Albania Property Group

Phone:
+355 67 20 80001
Fax:

Mobile:
+355 67 20 80001

 
Property Photo Gallery

 

Vlora Alba Residence

Vlora Alba Residence

Vlora Alba Residence

Vlora Alba Residence

Vlora Alba Residence

Vlora Alba Residence

Vlora Alba Residence

Vlora Alba Residence

Vlora Alba Residence

Vlora Alba Residence

Vlora Alba Residence

Vlora Alba Residence

property photo

property photo
 
Calculators

 
Property price: €40,275
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations