Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
Excelent buy to let apartments in Tirana, Albania  
Reference nr: IT679446
Description:

Apartment For Sale 1-2 bed in Tiranë, Albania. High Quality - 90% SOLD!! Prices from €36,000 for one bed apartments (£28K) With bank collateral for finance.

We proudly present this top end high quality development of apartments and offices located in one of the biggest streets of Tirana. The development is a top end high quality, developed from a large corporation company based in Tirana with incredible track record of other developments and activities in Albania.

The development is being built on the front line of the Durres Road which is very ideal for students and young professionals to rent due to its location for public transport as well as very near schools and the faculty. All apartments benefiting from a fantastic views of Tirana city as well as amazing views to the Dajti Mountain.

The residence consists of apartments, offices and commercial and operates in thee sections with three entrances and lifts. Underground car parking is also available at an extra cost from 8000 euros each depending on location and size.

KEY FEATURES:
Brand New off plan top end Apartments and Offices
Located in the Durres Road connecting Airport and Durres the closest beach
Most apartments with views either to Dajti Mountain or city
Apartment sizes from 59.23sqm
Prices from only €580/sqm or €36,000 for one bed apt (£28K aprox)
Capital Growth expected 15-20% in 2008
Rental Yields expected 5 – 7%
Only 40% deposit paid at pre-contract and deposit paid on completion
Full Service, Letting, Management, Snagging and Finance
Service charges expected €3-5 per sqm per Year
Non Resident finance/mortgage available with interest only payment options

The Main Road in front of the development connects the international Airport (15 minutes drive away) and the closest beach in Durres also 25 minutes drive. All public transport, large car showrooms and the biggest supermarkets are located in this road which makes it ideal for any local resident to reside for the proximity to all facilities.

Public transport is also in front of the residence and the are is attracting many locals due to many jobs being created as more companies establishing within the area.

The construction works are on skeleton stages currently which is already a safe investment and the delivery of the apartments is expected to be in the last quarter of 2009.

Bedrooms: Bathrooms: Price (€):
1 1 36,000
1 1 38,000
1 1 41,000
2 1 49,000
2 2 55,000
Features:
City
Submission Date:
01-15-2009
Advertiser Details:


Name:
Ismet Terziu

Company:
Albania Properties

Phone:
00447792559350
Fax:

Mobile:

 
Property Photo Gallery

 

property photo

property photo

property photo
 
Calculators

 
Property price: €36,000
 

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