Reasons to be seriously looking at Albania:

• The Final Frontier of the Adriatic Region
  
• Solid expected rental returns (6%+ est.) and strong local market
  
• Exceptional Capital Growth Forecasts
  
• Booming Economy and expected Member of NATO in April 2008 and aim to join the EU in 2014
  
• No restrictions for foreigners to buy
  
• 10% Capital Gains Tax
  
• Very Low Buying, Running and Selling Costs
  
• Currency is stable and strong
  
• Democratic and stable government
  
• Wage growth approx 10% pa
  
• Relaxed Lifestyle and Culture
  
• Mortgage Financing available for foreigners
  
• Beautiful scenery: mountain ranges, idyllic beaches
  
• Booming tourism – expected 5.6% growth pa until 2017
  
• FDI investment for 2005 was US$273 million

quote:

Originally posted by fresh1:

Booming Economy and expected Member of NATO in April 2008 and aim to join the EU in 2014

Who told you that? EA from Tirana?

I was tipped off to Albania by a chap that was investing there a couple of years ago and he had a good eye for places to invest.
However he did give some warnings about crime rates and organised crime being big problems there, but hey that never stopped anyone from investing in Buglaria, so could well prove to be a good investment if you buy well and buy early.
Usually the best places are snapped up years before a place is well publisised.

Albania will be one of the future adriatic perls, but not yet. The land ownership is disputed in most deals, please have a look at houses under £15,000 blog, we had a long discussion on that.

We are driving via Albania now to Montenegro, as it is not safe to go via Kosovo, so getting to know the roads very well. The infrastructure is improving, but buying, investing? No way yet!

I assume fresh1 is an estate agent trying to talk-up Albania. Don't they delete spam on this forum?