For sale Apartment in Tirana Lake District Selite Albania

Tirana Lake District, Luxurious Residence - Brand New Release!!
Apartments and Penthouses from €720/sqm!!

We are proud to offer our clients the first ever Top End Luxurious Development of Apartments and Penthouses in the Selita Area of Tirana Lake District which is one of the most preferred locations of Tirana.

The development is being built on a Cul de Sac quite location on a steep hill with most of the apartments benefiting from a panoramic views overlooking Tirana city as well as amazing views to the Dajti Mountain, Lake and Hills around.

The residence consists of three individual detached small buildings and each building provides 36 Apartments and Penthouses and in total are 108 units. Underground car parking is also available at an extra cost from 7 euros each depending on location and size.

KEY FEATURES:
Brand New off plan top end luxurious Apartments and Penthouses
Located in the most prestige area of the Tirana Lake District
All apartments with Panoramic views either to Dajti Mountain , Lake or overlooking the city
Apartment sizes from 102sqm
Prices from only €720/sqm or €73,440 for one bed apt (£54K)
Capital Growth expected 15-20% in 2008
Underground parking as an option from €7000
Rental Yields expected 5 – 7%
Only 40% deposit paid at pre-contract and deposit paid on completion
Full Service, Letting, Management, Snagging and Finance
Service charges expected €3-5 per sqm per Year
Non Resident finance/mortgage available with interest only payment options

Below and in front of the development is located the Botanic Science Park which is a Government owned Park which gives no options to other buildings being built in front and blocking the views. Plus the steep Terrain there cannot be built anything else on other sides of the Residence. Also in front there is a reservoir which is used for the Park that does have proposals to be reconstructed with pavement and refilled with water.

Buildings one and two are expected to be completed last quarter 2008 and the third building the works have just began and completion is scheduled for second quarter of 2009.

Please enquire below for more information and we will be pleased to assist you further.