http://www.property.al Providing you with quality information and tips about the Albanian Property market Wed, 24 Jun 2009 20:23:48 +0000 http://backend.userland.com/rss092 en On the 16th of June France's resort chain Club Méditerranée declared that it has quit its project for the operation of a holiday complex in southern Albania due to long dispute over land ownership. 'There's no project for a Club Med in Albania,' Florence Le Gall, Club Mediterranee's director of regional ... http://www.property.al/2009/06/club-med-quits-project-over-property-ownership-dispute/ The mortgages in Albania are astonishingly popular. At present, there are 17 banks that offer mortgage loans in Albania. Every one of these banks is foreign owned. The benefit of this is that foreign nationals can also secure mortgages in Albania under comparatively affordable terms and conditions. With the growth ... http://www.property.al/2009/06/mortgages-in-albania-a-brief-overview/ A major milestone was recently reached in construction of the highway connecting Albania and Kosovo. This major milestone was a 5.6 kilometre tunnel which is part of the Rreshen-Kalimash road – one of the segments 170 kilometer Albania-Kosovo motorway. The celebration ceremony was attended by Albanian Prime Minister Sali Berisha and ... http://www.property.al/2009/06/major-highway-linking-albania-to-kosovo-will-soon-be-completed/ All investors and tourists know all about the European hotspots when it comes to real estate and tourism. There is substantial evidence with respect to the potential there is for investment within countries such as Italy, Spain, Greece and so on. The underlying problem however is the extremely high cost ... http://www.property.al/2009/04/prices-are-perfect-for-investment/ Vlora is a cool city sitting by the ocean. It has staked its claim in Albania as a prime time living location due to following reasons. Vlora has very happening downtown plush with restaurants and malls, theaters and stadiums. It also has serene landscapes, quietude and scenic natural beauty. Needless ... http://www.property.al/2009/04/vlora-city-a-mediterranean-beauty/ In the last few years there has been a steady and dramatic rise in tourist activity, construction and infrastructure development within Albania. While property prices and tourism rank lower than most of the major European countries, Albania is steadily climbing the charts and is primed to become an economic ... http://www.property.al/2009/03/infrastructure-developments-and-projects-in-albania/ Apart from agricultural land foreign citizens are able to buy property in Albania without facing any restrictions. The buying procedure in general involves signing numerous contracts – first a reservation contract, an undertaking contract, an introductory contract and the concrete sale-purchase contract. Once signing the reservation contract, the property is reserved for ... http://www.property.al/2009/03/the-property-purchase-process-in-albania/ Colliers International, a major real estate services firm, has been able to secured new retailers such as Euronics, Mercator and Intersport to lease space in Albania’s modern Citypark shopping centre. Other major retailers including Calvin Klein, Lacoste, Cacharel, Toi & Moi, Societta, Altin Bas, Primo Emporio, Versace Home, One2Play and Chicco ... http://www.property.al/2009/03/big-players-in-the-retail-business-will/ It's not too often that you will hear the words Albania and paradise in the same sentence, but it is a fact that currently Albania is one of the worlds newest property development hot-spots and it really is proving a paradise for buyers, investors and developers of property alike. Whilst the ... http://www.property.al/2009/03/albania-a-property-developers-paradise/ Many people are wondering where to start with property development.  Developing properties for both fun and profit is a dream shared by many people around the world, and it has been a very lucrative business.  However the credit crunch has led to a huge slump in the property market, making ... http://www.property.al/2009/03/is-albania-the-perfect-place-to-get-a-foot-in-the-property-development-door/