Investing in real estate is generally considered unique because it appreciates over time and can generate rental income. They are more profitable than other asset classes and also offer very effective protection against inflation.

What about the real return on investment?

To calculate the return on investment or ROI, we need to divide the net operating income by the investment and multiply it by one hundred. The net operating income is obtained by subtracting all costs associated with the investment from the planned gross income. Apart from the purchase price of the property, these are:

• services such as preparation of contractual documentation, money custody mediation, etc.,
• land registry fees,
• operating expenses (gas, electricity, water and sewage, repair fund, etc.),
• tax expenses,
• property and household insurance,
• potential reconstruction.

Prefer properties abroad

Investing in real estate in the Czech Republic is currently not very profitable. Purchase prices are very high, rents are stagnant, and therefore the return on investment is low. Not only for these reasons, successful investors are shifting their attention abroad.

Those who already own property in the Czech Republic diversify their portfolio, while others start their investment career by taking advantage of the exceptional opportunity to benefit from the growing real estate market or the strengthening economy of a given country.

In addition to these benefits, there are others:

• protection against fluctuations in the exchange rate of the Czech crown,
• achieving higher rental yields than in the Czech Republic,
• stable growth in real estate prices in previously weaker countries.

Cooperate with professionals to avoid endangering your investments

It is true that investing in real estate abroad brings a high degree of ROI and yield, but it also carries certain pitfalls. When investing abroad, it is important to have an experienced local "link" with excellent knowledge of:

• language,
• environment,
• local suppliers,
• local real estate market.

All of this is complemented by personal relationships with local developers, notaries, and other interested parties.

This is exactly how we work, so we are able to provide you with fairly accurate information about the advantages of investing in real estate in Albania.

Annual real estate appreciation is in double digits

The average annual appreciation of residential real estate in Albania ranges from 10 to 12%. When purchasing property under construction, it can go even higher. Thanks to our excelent relationships with developers, it can be up to 30% per year.

Rental income runs longer

The great conditions for staying in Albania are roughly from April to the end of September, making the rental season longer than in Croatia, for example, and rental income can be earned for up to six months. However, there is also demand for rental at lower rates throughout the rest of the year.

The attractiveness of the investment is related to the quality of services, which is continually improving. Due to the increase in tourism, service availability is expanding, and new infrastructure is being built. The locals are very hospitable, and the local gastronomy is increasingly influenced by Italy, which can be noticed, among other things, in the high quality and delicious coffee.

Potential of the location is high

The source of clients is a very important factor for the return on investment in vacation properties. The more countries are represented in the tourist mix, the better. Economic crises usually come gradually, one country at a time, and if one source of tourists decreases, another replaces it.

According to a study by the Albanian Statistical Office, people visit the country not only from neighboring countries but also from more distant ones, including other continents (such as the USA). Therefore, rental income may not be affected by crises in some countries at all.

Investments in reconstruction are not necessary

We focus on new properties, and in the case of ongoing construction, we oversee the quality of materials and work. We always recommend investing in buildings constructed after 2015, when there was a significant increase in quality. Therefore, reconstruction costs will not be expected right away.