Albania

Albania

Albania is located on the Adriatic Sea, opposite Italy. It is a country with a population of 3.6 million, with Tirana, the capital, being the biggest city. Its climate is Mediterranean, and its landscape mostly mountainous. 42% of the population are Muslims, the rest is mostly Christian, either Orthodox or Roman Catholic.

When communism was defeated in the early 90's and democracy was for the first time introduced to Albania, things didn't look so rosy. The economy almost immediately went close to colapse, and due to the high unemployment rate there was mass emigration. It is amazing how well Albania recovered from those problems after the introduction of very effective free-market reforms from the mid-nineties on.

The Albanian approach has been similar to the Bulgarian: There is now a 10% flat-rate income tax for all citizens and companies, and this has had a very positive impact on the economy. So in 2007, it grew by 6%, which is clearly above the European avarage.

Neverthless, it can well be said that Albania is a country that has not yet fulfilled its full potential. First of all, its place is a huge plus: Located on the Mediterranean Sea, and less than 72 kilometres away from Italy, with a long and beautiful coastline, further bordering on Greece, Macedonia, Kosovo and Montenegro, Albania must be seen as a place with exquisite chances for the future.

So far, there is not that much international tourism, but if the country manages to maintain its new-found stability, it will be only natural for Albania to turn into a touristic power house.

There is also huge potential for foreign trade development: In Kosovo, which just declared its independence from Serbia, most people speak Albanian, and in Italy, there is a sizeable Albanian minority, so this is one factor that facilitates business contacts with Albania's neighbours. The shared border with Greece also is a great advantage. No details are known yet, but at some point within one or two decades, Albania is certainly expected to join the European Union.

By European standards, Albania has a very young population, which is another very positive factor for its future development.

People who haven't seen Albania since the dismal situation in the early 90's and come to visit it now can hardly trust their eyes when they see how much the country has changed. Albania is a small country, but lately, there have some big (economic) miracles occurring.



Real estate listings - properties for rent and sale in:

Albania

Property type: apartment

Added on: 2009/12/03

Single bedroom for holiday accomodation - Tirana, Albania

We are now very proud to be one of the first families which started an accomodation infrastructure as soon as we were free to do so. It is not ancient, we only started this in the beginning of the 90ies, but since then we have grown our business. People like staying in our appartments and that means that we are doing a good job! [ read more » ]

Category: holiday accommodation
 
Type: apartment (for rent)
Price: € 75
Size: 80 m²
Location: Tirana, Albania
Property type: land

Added on: 2009/11/18

Plot of land on the highway Tirana - Durres - Tirana, Albania

Plot of land. Surface: 3-7ha. Located on the highway Tirane-Durres. Frontal position of 250m linear,flat surface, 7km from Durres city, 20km from the airport and 25km from Tirana. A good possibility to invest. [ read more » ]

Category: commercial  
Type: land (for sale)
Price: € 60
Size: 7000 m²
Location: Tirana, Albania
Property type: apartment

Added on: 2009/11/18

Apartment for rent at ETC shopping center - Tirana, Albania

Floor:15. This delightful 1 bedroom flat is bright and spacious. It has a very large veranda, and the view is really wonderfull, you can see all the city.  [ read more » ]

Category: commercial  
Type: apartment (for rent)
Price: € 1 100
Size: 130 m²
Location: Tirana, Albania
Property type: land

Added on: 2009/10/02

Constructing plot in Radhime Vlore - Albania

Constructing plot situated in one of the most beautiful coast of Albania at Radhime Vlore.  [ read more » ]

Category: residential
 
Type: land (for sale)
Price: € 750 000
Size: 5000 m²
Location: Albania
Property type: apartment

Added on: 2009/09/28

Residence Terranova - Tirana, Albania

Apartments for Sale in Tirana
Residential Accommodation
Price starting from Eur 42000 [ read more » ]

Category: residential
 
Type: apartment (for sale)
Price: € 42 000
Size:
Location: Tirana, Albania
Property type: apartment

Added on: 2009/09/28

The FORTESA Residence - Apartments for Sale - Tirana, Albania

Residential Accommodation
Price starting from EUR 43000 [ read more » ]

Category: residential
 
Type: apartment (for sale)
Price: € 43 000
Size:
Location: Tirana, Albania
Property type: apartment

Added on: 2009/09/28

Apartments for sale in Saranda Seaside - Albania

Holiday and Residential Accommodation
Price starting from Eur 39000 [ read more » ]

Category: residential
 
Type: apartment (for sale)
Price: € 39 000
Size:
Location: Albania

Apartments for Sale and for Rent in Orikum, Vlora - Seaside
Holiday and Residential Accommodation
Price starting from EUR 27000 [ read more » ]

Category: residential
 
Type: apartment (for rent or sale)
Price: € 27 000
Size:
Location: Albania

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