Russians Deep Interest in the Albania Property

Aug. 19, 2012 - PRLog -- The once most visited and invested locations are the properties in Montenegrin coast. The prices in the coast range from 3000 to 6000 euro/m2 which is quite lucrative compared to any property in Albania.

Throughout the European region, Albania is most likely the cheapest in terms of real estate properties as well as in all other necessities and accommodations. These are the important reasons why there has been significant number of tourists that would come to visit this beautiful country. In addition, most of these tourists invested in the Albania Property. One of these people who showed deep interest in the Albania Property is the Russians.

The people from Russia who came to visit the country have seen the stunning sceneries and promising investments in the Albania property. This is basically the main reason why they have come in Albania to invest in these Albanian properties.  

The presence of the Russians in the country and their full support to the Albania Property has awakened and encouraged other people to invest. Their active participation in the Albania Property made the market prices of property on the Albanian coast less luxurious and more affordable. This made the coast of the Albanian properties more enticing and very popular.

Previously, other western Europeans have shown their great interest in Albania such as the Englishmen, Norwegians, Irish and Italians. Recently, the Russians are the most implicit buyers of real estate market.

The rise of the Albania Property investors has burst significantly, making it more interesting and promising for the real estate market in the Albanian coast. According to the data provided by the real estate agencies in Albania, more investors have shown interest in buying lands and apartments in the coast of South Shengjin. Definitely, there has been a tremendous increase of lands and apartments bought in this part of Albanian coast.  

The real estate agencies in Albania might pronounce that the number of Russians arriving in Albania is still considerably low compared to the country’s locals coming to Montenegro, but it doesn’t mean less of great news. Montenegro has become one of the most expensive properties in the Balkan area which really doesn’t make any difference.

This country has become one of the highest economic growths in the entire Balkan region which significantly advances through 4-5 years ago. The main factors that attributed to its economic boost are its tourism and investments in real estates. This creates an astounding drive for Albania to be considered as part of the highest economic standings.

Every year, there is a continuous increase of foreign tourists visiting Albania, which gives great hope and signal that the country is also doing well in its economic status. The history that lied previously in Albania threatened the Russians safety and security.

However, with the huge help of other foreigners coming in the country as well as the existence of NATO, the negative image of the country subsided, according to the director of the real estate agency, Bora Property Albania.

Thus, even if Russia may be quite far from the country it didn’t stop Russians to come into  the country because of its beautiful climate and magnificent coastlines.