DSR Asset Management Overseas Property Investments

5May/080

Property Investors See Great Things in Albania’s Future

At April’s NATO meet­ing in Bucharest, U.S./Russia rela­tions caught the inter­na­tional spot­light, but prop­erty investors should have been watch­ing the other news. NATO extended a full invi­ta­tion to Alba­nia and Croa­tia to join the fold.

This is a major step in Albania’s inte­gra­tion into Europe, and a piv­otal point in its path to achiev­ing full mem­ber­ship to the Euro­pean Union. Though, much work is nec­es­sary on the part of Alba­nia, the invi­ta­tion proves that the steps already taken have been the right ones, and that the desire is there to do every­thing nec­es­sary to achieve full EU mem­ber­ship as soon as possible.

Due to its growth, poten­tial and hav­ing things like NATO and EU mem­ber­ship on the hori­zon, Alba­nia has become prop­erty investor’s favourite within Europe. Liam Bai­ley Head of Inter­na­tional research for David Stan­ley Red­fern put for­ward a pos­si­ble rea­son for Albania’s cur­rent popularity.

In the last 2–3 years Alba­nia has put polit­i­cal and eth­nic ten­sions behind it and began to see some really solid eco­nomic growth, with around 8% GDP growth on aver­age. I per­son­ally believe watch­ing other coun­tries in the region like Bul­garia and Mon­tene­gro start to flour­ish on the inter­na­tional invest­ment stage, trig­gered the gov­ern­ment and the entire pop­u­la­tion to take the nec­es­sary steps to end the ten­sion for the good of them all. Alba­nia has been grow­ing even on its own strengths, but EU grants and loans to help pre­pare the coun­try for full mem­ber­ship will only gen­er­ate even greater growth.”

Liam con­tin­ued: “In that respect, the long road and work needed to gain EU entry is actu­ally good for prop­erty investors, because prop­erty bought now at low prices, will con­tinue to grow in value through­out the period when EU money is bol­ster­ing eco­nomic growth in the coun­try. This makes Alba­nia a safe invest­ment des­ti­na­tion, even in the face of global adversity.”

David Stan­ley Red­fern have sev­eral afford­able Alba­nia prop­er­ties, and all are in prime loca­tions. Three of them are in and around Tirana’s pop­u­lar arti­fi­cial lake, one of which also has views of the Dajti Moun­tains. And another is in Saranda, over­look­ing Saranda Bay and with views out across to the Greek Island of Corfu, while prop­erty is only a frac­tion of the price.

Find out more about Alba­nia prop­erty and buy­ing prop­erty in Alba­nia.

About DSR Asset Management

DSR is an over­seas prop­erty invest­ment spe­cial­ist, work­ing directly with devel­op­ers in more than forty coun­tries. All prop­er­ties are exclu­sive to DSR , giv­ing an unpar­al­leled selec­tion of resale and new builds.

Please direct all media queries, requests for press infor­ma­tion and edi­to­r­ial details, to media@davidstanleyredfern.com

David Red­fern is the direc­tor of DSR Asset Man­age­ment an over­seas prop­erty invest­ment spe­cial­ist. David works closely with devel­op­ers in more than forty coun­tries and over­sees the DSR edu­ca­tion pro­gramme which lec­tures indi­vid­u­als and organ­i­sa­tions on prop­erty invest­ment. Adver­tise Your Pri­vate Over­seas Property

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