The world is getting ‘smaller’ every day, especially when the real estate market is concerned. A buyer has to merely dream of a destination and thanks to the ease of the internet they can own a bit of Tuscany, or a piece of Brazil, easier than ever.
The global real estate market is aware of the international shoppers surfing the internet and hunting for a piece of paradise. Spain is attracting buyers by granting residence cards to foreigners who purchase a home valued at over 160,000 euros. Even if not advertised to, UK and Russian nationals, as well as other northern Europeans, seeking warmer climates to vacation and/or retire in, are sweeping up properties from Croatia to Greece and everything in between. Among them, the newly discovered Albania, which has caught the attention of seasoned real estate investors in recent years.
After 50 years of Communist rule kept it cocooned from the world, Albania has now become the country where house shoppers are turning to for property investments, as surrounding areas are proving to be either too expensive and/or politically unstable to take a risk on.
Six years ago, one of the first Albanian online property portals was launched, Albania Property Group, catering to the Northern European markets, by featuring holiday rentals on its RentinAlbania.com site. The idea was to provide a rental income to its clients to whom they had sold property in the past.
Holiday rentals grew to be quite popular, and consequently year to year Albania Property Group has expanded its portfolio with properties in almost every town of the Adriatic and Ionian coast of Central and Southern Albania. An increasingly larger amount of house owners have listed their properties on the website, because they felt confident about the Group’s commitment and professionalism toward both, its clients as well as the property owners.
Albania Property Group also features ‘for sale’ properties, their portfolio of apartments for sale brings together the top properties of Tirana, Durres, Lalzi bay, Vlora, Radhima, Dhermi, Saranda and Ksamil. Through the years of activity with sales and holiday rentals in Albania they have created a vast network of partners along the coastal towns and cities of Albania.
Thanks to the experience gained and the network they created, the company managed to partner with one of the biggest Holiday Rental companies in Europe - Danish NOVASOL which includes in its portfolio over 50,000 properties in 27 countries in Europe.
“With our new partner we accomplished the goal that we set for ourselves six years ago when we started our venture - being a one-stop-shop for all who wish to invest in the Albanian property market. Best properties for sale and rent, best property management service, best expertise in any field related to real estate across Albania,” said Ilir Konomi, Managing Director, Albania Property Group.
"Albania Property Group’s next step is to - in the next two years - become the leader in the real estate market of Albania’s capital Tirana, where many foreign nationals live and work permanently. We will soon introduce our new portal TiranaRentals.com, whose focus will be to offer property related services to these foreigners and/or foreign companies which operate in Tirana and its surroundings," concluded Konomi.