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Property for sale information

 
Vlora Sunshine Residence  
Reference nr: EL297913
Description:

Vlora Sunshine is being built front line in the city of Vlora which is the biggest center of the south Albanian coast • Just 30 meters from the public beach of Vlora city. • It consists of 2 blocks of apartments • 2 service floors & 7 residential floors

We are pleased to start promoting this brand new development into the overseas markets.
Vlora Sunshine starts from 700 €/m2, while prices in the front have already reached 1200 €/m2.
Good entering point for early birds!

Vlora Sunshine

• Great Views of Vlora and Sazan Island
• All amenities on your “doorstep”
• Located in the most favorite area in Vlora
• Distance from Port – 5 minutes’ walk
• Distance from City center- 10 minutes’ walk
• Distance from International Airport- 130 Km
• Distance from Capital City Tirana- 140 Km
• Price per 1 m2- from 700 Euro
• Total price- from 45.880 Euro
• 20% Under Market Value !!

Key Features
PRE RELEASE- UNDERMARKET VALUE

• Pre-release offer of 60 apartments in Block 2!
• Apartments from only 700 Euro per 1 m2
• The smallest apartment’s size is 61.2 m2
• 90% of the apartments with sea view
•The project will consist of 1 and 2 bedroom apartments
• Property Management post purchase available
• Maintenance fee – approx 20 Euro per month
• Completion date for Block 1– June 2010
• Completion date for Block 2- Dec 2010
• Option to buy discounted multiple units or floors

WHY ALBANIA

▪ 22% growth in Tourism
▪ 20% growth in number of passengers flying in Tirana International Airport
▪ Direct daily flights of British Airways, Lufthansa, Austrian, Alitalia
▪ 1.5 billion Euro invested in infrastructure projects recently
▪ NATO member since 2008
▪ EU member on 2014
▪ 500 mil Euro from EU funds
▪ 10% Profit tax
▪ 10% Income tax
▪ No Property Tax
▪ No VAT on property transactions

Bedrooms: Bathrooms: Price (€):
1 1 43,300
Features:
Beach
City
Submission Date:
05-26-2009
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 Sunshine Residence

Vlora Sunshine Residence

Vlora Sunshine Residence

Vlora Sunshine Residence

Vlora Sunshine Residence

Vlora Sunshine Residence

Vlora Sunshine Residence

Vlora Sunshine Residence

Vlora Sunshine Residence

property photo

property photo

property photo

property photo
 
Calculators

 
Property price: €43,300
 

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