Selling Albanian Property To Foreign Buyers
Our advice when selling a property from Albania to international buyers is to Present your property well by using good quality photographs. When writing your description always include how close the property is to major transport links such roads, stations and airports. Always consider who the buyer might be. Many overseas buyers buy property as a second home or investment. In this case think about what the property would offer an investor and holidaymaker. Never over price to test the market! This is one of the biggest mistakes owners make when the sell a property online. Buyers will always compare one property against another and the internet makes this easy to do. Always invite people to make an enquiry so they can learn more about the property for sale. Finally consider taking a video of the property to show potential buyers so they can see fully the property.
Legal advice when buying property in Albania
More advice here
Buying Property In Albania
Apart from agricultural lands, there are virtually no restrictions when it comes to owning personal property in Albania by anyone. Combined with a streamlined and easy buying process, you can be the new proud owner of a property in no time at all. From prime options in the center of bustling cities to secluded private luxury properties, Albania has a lot to offer when it comes to property sales. You can even take the help of reliable real estate agencies in order to get access to diverse options and offers. Whether you are looking for a new place to call your home, or just want to diversify your investment portfolio this is one of the best options due to a stable economy, high standard of living, and friendly inhabitants. Being a prime destination for tourists and travelers, rest assured you get the best returns from your time and money when buying Albanian property.
Property For Sale In Albania
Latest houses for sale in Albania
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Find The Best Homes For In Albania
Searching for property in Albania is now easier thanks to Homesgofast.com which is now one of the world most established overseas real estate websites with Albanian property from all over Albania. Our visitors come from all over the world many with the intention of finding cheap property, low cost housing, holiday homes, investment properties, and second homes abroad. Our house sale listings come from Albanian real estate agents, residence builders and home-owners who seek to offer real estate to international buyers.
Advertising Property To International Buyers
Homesgofast.com has been successfully putting buyers and sellers together online since 2002! Our listings are promoted on multiple property websites. WE have a huge niche audience many of which arrive at our site by searching Homes Go Fast, Sell my Albanian propertyAlbanian Property How to sell my home Buy Albanian property
Advertise your development, property listings or home abroad to those looking to those buying abroad, investing in overseas property or looking to buy a holiday home.
Albaniarealigrocom Is The First Worldwide Real Estate Search Engine Where You Can Look Up Listings Of Homes For Sale In Albania
Property for sale in Albania
In Albania real estate investments on the coast continue to increase.The agencies show how foreigners , attracted by the costs of economic life, are trying to buy a second home on the Albanian coast, especially in Saranda, the favorite destination for tourists. Foreigners love the Albanian coast and try to buy property for sale in Albania.
Many tourists consider Albania the best place to invest for the summer season but also for hunting properties for sale in Albania. Above all for the possibility of being able to buy a property for sale on wonderful coasts at prices that are far more competitive than the rest of Europe and that are around 30,000 / 40,000. Secondly, due to its geographical position: Corfù is just a stone’s throw away , in the same way you can easily reach popular destinations like Croatia and Montenegro. Without forgetting the main reason, or the cost of living in Albania that, although increased compared to a few years ago, allows tourists to enjoy the holidays without spending too much.
The growth of the economy and the real estate market will continue to a certain extent until the candidacy of Albania for entry into the European Union scheduled for 2020. All this means an increase of properties for sale in Albania and also an increase of investors.In addition, many of the largest Western banks have
Time To Invest In Albania
The cost of living in Albania is 58.24% lower than many European countries for example compared to London,the capital Tirana is an incredible 62.49% lower than London. Once known as the hidden pearl of the Balkans, Albania is emerging as a European holiday hotspot with a growing number of people discovering all that it has to offer.
How Difficult Is The Property Purchase Process In Albania
There are no restrictions on the foreign ownership of real estate in Albania, except for agricultural land.
The buying process typically involves signing several contracts – a reservation agreement, an undertaking contract, a preliminary contract and the actual sale-purchase contract.
After the reservation agreement has been signed, the property is reserved for about 4 weeks by the buyer. During this period, the buyer undertakes due diligence checks on the property.
While the services of lawyers are not mandatory for a property purchase in Albania, a lawyer is highly recommended. Buyers should be especially careful if the property was confiscated during the Communist period. Since the end of communism in the early 1990s, around 85% of properties have been returned to their previous owners. The remaining 15%, located mainly in Tirana and coastal areas are still waiting for a resolution. The buyer´s lawyer must ensure that the property in question is free from liens and is under the name of the actual seller.
Another problem is the quality of construction. Some developers take shortcuts in obtaining building permits. Some apartments are smaller than stated in the contract.
A 10% down payment for second-hand properties is usually paid upon signing of the preliminary contract. For new properties or off-plan developments, the down payment is typically 30%.
Coastal Property For Sale In Albania
With swimming pool
With swimming pool
Tranio specialists can help you buy waterfront property in Albania at low cost. Our database contains offers with current prices, photos and descriptions from the owners, developers and local real estate agencies. Cheap coastal properties in Albania without intermediaries and extra charges. Free advice. Transaction management and execution services.
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Take A Look Of What Our Clients And Collaborators Have To Say For Us
We are very happy to serve and collaborate with our clients!
I was recommended to try Homeland as a new agency with a very interesting online activity. At that time I was looking to rent an apartment. After a visit at the office I discovered a team of motivated, full of energy, young professionals that helped me find the house that I was looking for and in a wonderful place, at New Baazar! A great zone, quiet place, right in the center of Tirana and near all services that we need in our everyday life. Homeland, you rock! See you soon!
Blogger, Lyrics songwritter, Opinionist and Radio moderator
I decided to collaborate with Homeland because I believe that our country will progress if we do support the local business. Human resources are as well an asset this company has and invests which makes it an added value. I am satisfied to cooperate with a company such as Homeland and invite you all to be part of it because with them not only the property but also the trust remains steadfast
Singer of West Side Family group, activist
Why Homeland? Just pure casualty! I got attracted from the well-designed, professional looking office. Then I discovered a very dedicated, talented and polite team who helped me sell my apartment to the right customer. After this experience, I am glad to have found a partner for my future investments in property. Thank you Homeland!
Journalist at Top Channel, Top Albania Radio and Digitalb
Footnotes To Transaction Costs Table
The round trip transaction costs include all costs of buying and then re-selling a property – lawyers´ fees, notaries´ fees, registration fees, taxes, agents´ fees, etc.
Notary fees:Notarization is mandatory for sale-purchase agreements. The fee is set by the Ministry of Justice and the Chamber of Notaries. Notary Fees are estimated proportionally based on transaction value. The minimum notary fee is ALL3,500 for a property worth ALL100,000 . The maximum fee is ALLL150,000 for properties worth ALL100 million or more.
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What Makes Albania Unique
The large diversity in topographical features has given rise to a number of different attractions such as beaches, long coastlines, lakes, mountains and natural parks. This makes it a perfect destination for all sorts of adventure lovers who are looking for an escape from the mundane urban lifestyle. From hiking, trekking, skiing, fishing, and much more, there are a number of different activities that tourists can enjoy. Additionally, the country is dotted with numerous medieval villages, castles, ruins, and other historically significant monuments.
When Selling Or Buying Home From Albania Don’t Forget About Your Currency
Our top tips to the people selling and buying a property to the people from a further nation will be to homework fx approaches. Forex dealing costs have major impact on real estate sales which can be affected enormous damages in case there is foreign currency exchange rates fluctuations. To negate this associated risk it is consistently wise to take the recommendations of any foreign currency professionals who are able to book interest rates, supply reduces rates and better prices than several bankers. In advance of the buy is able to go in advance you’ll almost definitely have to start a banking account inside spot nation, except if you are buying primary from a designer. The objective is to ensure that you obtain the best swap charges and that the funds have been in the perfect place if they are necessary.
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