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Property for sale information

 
Bella Vista Residence  
Reference nr: PG577258
Description:

The 15 apartments of the elegant Bella Vista Residence are located just 100 metres from the main Vlora beach and offer breathtaking scenic views over the Adriatic Sea, the stunning 'Sazan Island' and the mountains around Vlora.

Situated on elevated land most of these apartments were sold very quickly to the local market however some of the cheaper lower floor one bedroom and the prestigious, higher floor, two bedroom apartments remain available.

The Bella Vista Residence is just 1 kilometre from the centre of Vlora, a city with unique character which has become one of the most promising emerging property investment areas in Albania

Access to Vlora is superb, with the new road to be completed in the next 6 months it will be just 90 minutes drive from the Tirana International Airport which has direct flights to several international destinations such as UK, Germany, Switzerland, Italy, Austria, Hungary, Bulgaria, Slovenia and Turkey amongst others. A speedboat will soon be in service offering a crossing from Corfu to Vlora in less than 2 hours and Vlora is also home to a ferry port which serves numerous overnight ferries to and from Italy.

Vlora is located in south-western Albania, on the coast of the Adriatic, the second major sea port after Durres. Today Vlora has a population of 150,000 with the city seeing rapid growth and the tourist infrastructure improving. With the superb climate, numerous white sandy beaches in the region and the diverse beauty of the city, more tourists are visiting from around the world with May to October being the warmest and most popular period.

Some Important Points To Consider When Choosing Which Agent to Use When Buying in Albania….

Unlike other agents selling property in Albania, we always undertake due diligence checks on the property and ensure that ALL the necessary documentation is in place PRIOR to marketing.

Unlike other agents selling property in Albania, we do not charge a buyers commission on any of our off-plan or completed developments.

Unlike other agents selling property in Albania, we try to personally view all developments prior to marketing during our regular visits to the country.

Unlike other agents selling property in Albania, we can provide a full property management, maintenance and rental service following purchase through our partner agency, the largest estate agency in Albania.

Unlike other agents selling property in Albania, we can provide furniture packages directly to our clients in order to complete their purchase.

Reservation fees are sometimes paid to agents however the purchase price for the apartment should be paid to the Developer, not an agency or third party.

Although we undertake a thorough due diligence check on all of the properties that we market, we advise any potential buyers to appoint a lawyer to independently check the building and planning permissions and ensure that they will obtain clear title to their property following the completion of the building and final payment. For all of the developments that we market, we can advise of an independent lawyer to work on your behalf.

Enquire now for full and comprehensive guidance to buying property in Al

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 26,500
1 1 43,354
2 1 58,194
Features:
Beach
Submission Date:
01-18-2008
Last Update:
08-12-2008
Advertiser Details:


Name:
Phil Grimes

Company:
Select Property Overseas

Phone:
0044 845 430 1404
Fax:

Mobile:
0044 7970 189967

 
Property Photo Gallery

 

Bella Vista 05

Bella Vista 04

Bella Vista 03

Bella Vista 02

Bella Vista 01
 
Calculators

 
Property price: €26,500
 

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