Fortesa Residence

Tirana, Albania

Completion	End of 2009
Status	Available
Price From	42,974  EUR

 

About the Development

Situated in the modern suburb of Kashar, approximately 4 km from the centre of Tirana, the impressive Fortesa Residence offers one and two bedroom apartments in a modern stylish development from 42,974 Euros.

Following the success of Buildings 1 and 2, the Fortesa 3 and 4 buildings are the latest release in this large development. These two buildings consist of 73 apartments over 7 floors and are due for completion at the end of 2009.

The attractive and original concept/ design of the Fortesa Residence has been realized by the most reputable architectural studio in Albania and will eventually house 240 apartments in a total area of over 40,000 sqm. The development will incorporate parking on the lower ground floor, shops, bars and restaurants on the ground floor and offices and shops on the first floor with the apartments located from second floor upwards.

Situated at the entrance of the city and just 400 m from the main Tirana/ Durres highway, the development is aimed at young upwardly mobile professionals. The growth in population in Tirana and the developing economy has creating a rapidly emerging middle class and this emerging middle class is looking to improve their status by part by moving to new higher status apartment buildings such as the Fortesa Residence.

Suitable for buy to let investors in the dynamic residential property market of Tirana, apartments will be fully finished with central heating (independent meters and controls), tiled floors, painted walls, fully furnished bathrooms, finished kitchen without appliances, electrical sockets, cable TV and telephone connections.

Lifts will link all floors, and there will be an ornamental garden in the elevated courtyard that is enclosed by the buildings.

Five key reasons to buy

• Albania's low inflation, budget surplus and stable government is attracting high levels of foreign private investment

• EU Pre-accession Assistance will provide a total of € 11 billion over the period 2007-2013

• New roads are being built linking Vlora to Tirana and the new terminal that is already open at Tirana Airport increase accessibility

• GDP Growing at a healthy 6% per year and set to accelerate

• Just a 3 hour direct flight from the UK