By Vangjel Dhimo on February 22, 2023
WHY DO MANY PEOPLE NOWADAYS CHOOSE ALBANIA OVER ANTALYA TURKEY?
Lately, many people have been considering Antalya, Turkey homes to live and invest which is also well known for its good weather nice beaches, and broad culture. Albania on the other hand is rapidly becoming one of the most popular hot locations specifically for investments but has also demonstrated how rich is in culture and when it comes to its fantastic climate and outstanding beaches. Below there are some reasons why you should buy a house in Albania rather than Antalya Turkey.
THE PRICES IN ALBANIAN REAL ESTATE ARE RELATIVELY AFFORDABLE
Investing in Albania property is a popular choice among Europeans due to the country’s low real estate costs, tax exemption policies, and minimal annual expenses, which are even lower than the cost of maintaining a car in Europe.. In reality, the prices in Saranda Albania are much cheaper than in Turkey, particularly Antalya homes which is one of the favorite destinations for real estate buyers. This means that in Albania you can get more properties in your portfolio and a greater return. Click here if you want to know more about prices in Albania
ALBANIA’S NATURAL BEAUTY IS SOMETHING UNIQUE
Albania has some of the world’s most breathtaking natural environments, with a diversified environment that includes lovely beaches, rising mountains, and pure lakes. The coastline of the nation is exceptionally beautiful, with crystal blue waters and lovely beach villages that provide a relaxed, Mediterranean house lifestyle.
Explore the vibrant cities of Sarande and Himare, nestled along the beautiful Green Coast of Albania, or discover other charming regions of Albania. From picturesque coastal towns to stunning mountain landscapes.
One of the most notable features of the rural areas around Saranda is their rich agricultural heritage. For centuries, the local residents have relied on the land for their livelihoods, growing crops such as olives, grapes, and citrus fruits. Today, this tradition continues, and visitors to the area can witness the hard work and dedication of the local farmers as they tend to their fields and orchards.
Another highlight of the rural areas around Saranda is the abundance of natural beauty. From the rolling hills and lush forests to the crystal-clear streams and sparkling lakes, this region is a true nature lover’s paradise. Hiking and trekking are popular activities in the area, and visitors can explore the countryside on foot, taking in the breathtaking scenery and discovering hidden waterfalls, caves, and other natural wonders along the way.
THE ALBANIAN ECONOMY IS GROWING STEADILY OVER THE LAST DECADE
According to Bank of Albania statistics, the amount of these investments has expanded significantly in recent years.
At the end of September, it was reported that total foreign individual or entity investment in the Albanian real estate market had reached 1 billion and 35 million euros, a 43% increase over the same period of the previous year.
Since 2015, the stock of foreign investment in real estate has nearly tenfold grown.
Real estate investments currently account for 9.5% of overall foreign investment in the country, the largest percentage ever recorded. READ MORE HERE ABOUT FDI IN ALBANIA
ALBANIA IS GREAT VALUE FOR MONEY
Investing in Albania property can provide significant value for your money, offering a lucrative investment opportunity for buyers. Not only are real estate costs cheaper than in Turkey, but larger homes and properties are available for a fraction of the cost of comparable properties in other European nations.
To summarize, while Turkey, particularly Antalya, is a popular location for international real estate purchasers, there are several compelling reasons to consider purchasing a house in Albania instead. Albania is gradually becoming a popular location for real estate investment due to its low real estate prices, magnificent natural beauty, rising economy, kind and hospitable culture, and outstanding value for money.
LOOKING TO BUY YOUR DREAM PROPERTY IN SARANDA ALBANIA?
Look no further than Elites Realty – your ultimate destination for all your real estate needs. Our experienced team of real estate professionals can help you buy, sell or rent a property in Albania, whether it’s a house, apartment, or land. With our extensive knowledge of the local real estate market, we can help you find the perfect property that suits your preferences and budget.
We offer a wide range of real estate services, including property sales, purchases, rentals, and property management and consulting. Our team is committed to providing exceptional customer service, so you can rest assured that we’ll guide you through every step of the process, from initial consultation to closing the deal.
Contact us today to start your journey toward finding your dream home in Albania.
