Kaltrina Residence is our newly released development of just 49 apartments in Saranda, Albania. Set in a panoramic situation, with beautiful views to the Ionian Sea, these apartments represent the latest investment opportunity in this fast developing country.

Kaltrina Residence is located in a prestigious but quiet area of Saranda, close to the 5 star Butrinti Hotel and just 3 minutes from the beautiful beaches of the Ionian Sea.

Built to European standards, the one and two bedroom apartments are priced from 39,744 Euros up to 86,505 Euros depending on number of bedrooms, floor level and the view.

Apartments are sold finished but unfurnished; furniture packs are available at an additional cost of 4,495 Euros for a one bedroom apartment and 5,995 Euros for a two bedroom apartment.

Located on the shores of Ionian Sea, in front of the Greek island of Corfu, Saranda is the one of main tourist destinations in Albania. The resort is characterized by a Mediterranean climate and warm sea waters averaging 290 sunny days a year. In the summer, temperatures rarely exceed 30 degrees during the day whilst there is a refreshing sea breeze keeping the evenings cool.

Saranda is an old town, first settled by the Illyrian tribe of Chaonians who named it Onchesmus. Cicero mentions it as convenient harbour with favourable winds, however it is the bay on which it is built that gives Saranda its charming look.

Near Saranda you will find the “Blue Eye” natural spring and the ruins of the ancient city of Butrint, a World Heritage Site and one of the most important archaeological finds in Albania. Also, close to Saranda is the ancient city of Finiq, which according to Edwin Jacques is found to have had one of the biggest acropolis in the ancient world, roughly 7 times larger than that of Athens.

Whilst visiting Saranda and surrounding areas you might wish to visit the archaeological site of Butrint, Ethnographic Museum, ruins of the ancient town of Onhezmi in Saranda, the ancient temple and other ruins of Foinike in Finiq village, the small Castle of Ali Pasha in Vrine village, the Church of Saint Kolli in Mesopotam village as well as the beautiful Ksamili Islands.

Albania signed the SAA (Stabilization and Association Agreement) in June 2006. The SAA represents an important economic and political opportunity and marks the beginning of a new phase in the EU’s relations with Albania paving the way of EU membership in 2014.

1. Albania's low inflation, budget surplus and stable government are all attracting investment

2. EU/ World Bank/ EIB funds are budgeted to rise from €150m (2006) to more than €1bn by 2010

3. Upgraded roads and a new terminal at Tirana airport are increasing accessibility

4. GDP Growing at a healthy 6% per year and are set to accelerate

5. Just 2/3 hours from Western Europe with direct flights from the UK


Some Important Points To Consider When Choosing Which Agent to Use When Buying in Albania….

Unlike other agents selling property in Albania, we always undertake due diligence checks on the property and ensure that ALL the necessary documentation is in place PRIOR to marketing.

Unlike other agents selling property in Albania, we do not charge a buyers commission on any of our off-plan or completed developments.

Unlike other agents selling property in Albania, we try to personally view all developments prior to marketing during our regular visits to the country.

Unlike other agents selling property in Albania, we can provide a full property management, maintenance and rental service following purchase through our partner agency, the largest estate agency in Albania.

Unlike other agents selling property in Albania, we can provide furniture packages directly to our clients in order to complete their purchase.

Reservation fees are sometimes paid to agents however the purchase price for the apartment should be paid to the Developer, not an agency or third party.

Although we undertake a thorough due diligence check on all of the properties that we market, we advise any potential buyers to appoint a lawyer to independently check the building and planning permissions and ensure that they will obtain clear title to their property following the completion of the building and final payment. For all of the developments that we market, we can advise of an independent lawyer to work on your behalf.

Enquire today for full and comprehensive guidance to buying property in Albania.