Albania, hot area for real estate

 

Albania, hot area for real estate
 
 
Thanks to the EU integration process signals that Albania will repeat the successful experiences of Montenegro and Croatia.
Albania is destined to become a tourist destination first level over the next five years and this is leading to a high interest of investors to the sector of real estate, aiming to buy now to receive benefits from increased prices.
 
Experts underline the fact that the country in 2014 may come to be part of the EU and this will likely lead to an increase in prices, as happened in the case of Montenegro or Croatia. According to Deputy Minister of Culture, Suzana Turku, Albania during the first 6 months of the year it is visited by 1.2 million tourists and revenues increased by 8.5% compared with the first half of last year.
The data show that 94% of tourists come from Europe, 34% from Kosovo, 16% in Macedonia, 10% of Montenegro and these are added 8% of Greek, Italian 6%, 3% Germans. They are still low percentages of Americans and Asians, with 3% each. According to Ravin Maharajah, partner of "Lalzi Bay Resort and Spa", Albania is definitely destined to affirm as a tourist destination in the next 5 years, with income sensitive. Low lifetime cost, rapid development of infrastructure, natural assets are the ingredients that make as perfect tourist destination. Thanks to the EU integration process signals that Albania will repeat the successful experiences of Montenegro and Croatia. The interest of those seeking a second home for the holidays is growing and people are realizing that the time to move is that, without expecting to raise prices.