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Residential Complex
Albania Property Group ©
Important Note: The information contained within this document does not form part of any contractual
agreement. Investors should seek personal taxation, legal & financial advice before deciding to invest.
We promise you
a piece of the Mediterranean
2. Radhima Residence
Albania Property Group © 1
Why Albania?
The blue on blue riviera of southern Albania
TIRANA
MACEDONIA
ADRIATIC
SEA
IONIAN SEA
KOSOVOMONTENEGRO
GREECE
Durrës
Kavaja
Elbasan
Pogradec
Laç
Lezha
Peshkopi
Lushnje
Fier
Vlora
Saranda
Berat Korça
Tepelena
Shkodra
25% growth in property prices in Tirana and Vora
city in last 5 years
22% growth in Tourism
20% growth in number of passengers flying in
Tirana International Airport
Direct daily flights of British Airways, Lufthansa,
Austrian, Alitalia
700 mill Euro invested in infrastructure projects
recently
NATO member since 2009
EU member on 2014
422 mil Euro from EU funds
10% Profit tax
10% Income tax
No Property Tax
No VAT
Location of Albania in Europe
Map of Albania
3. Radhima Residence
Albania Property Group ©
A small Balkan country of a ppopulation of 3.6 million.
An area of 28,748 Square Kilometers
It borders Montenegro to the north, Kosovo the northeast, Macedonia east, and
Greece to the south and opposite the ‘heel’ of Italy.
It has 362 km of beautiful coastline: Adriatic Sea to the west and Ionian Sea to
the south-west.
Albania is a relatively undiscovered jewel off the beaten track, offering a wealth
of stunning scenery, history and culture.
A warm Mediterranean climate encourages a slow pace of life and holiday makers
will find it easy to slip into the meandering life style.
If the clear blue waters do not entice you on to the beaches, other activities
abound. From leisurely trips to many historical sites, to exploration across the
national parks, there is something for everyone.
For real adventure: diving, white-water rafting, climbing, and paragliding are
activities on offer.
Albania has an impressive GDP growth of 6 % pa, inflation steady at 2.5% and
property sector increasing circa 20% pa
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to be the latest hotspot of the property world
Albania is coming along
Tirana is the fast-growing capital of Albania, and and active hub for economics, politics and culture
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Albania Property Group ©
Dhërmi – Lush vegetation by the pristine seaside “Cold Water” rocky beach in Vlora Secluded private beach in Vlora
The adorable Ionian riviera spans the whole length of Vlora
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Vlora coast is situated in the southwestern part of Albania, exactly where the
Adriatic and Ionian seas meet
Vlora, through the Otranto Channel, is the nearest point of Albania to Italy
(72km). It is also 135 km from Tirana and 123km from Greece
Along the Vlora coastline you will find outstanding white beaches and stunning
surroundings
Many beautiful beaches in places like the Llogara Natural Park, Dhermi, Palasa,
Himare and Cold Water (famous for its rich clientele and natural water resources)
Vlora averages 274 days of sunshine per year/
with kilometers of white beaches
Vlora – Tourist Town
5. Radhima Residence
Albania Property Group ©
Relaxing in the paradise that is Vlora
Majestic view from the Llogara Mountain, down to the beaches of Palasa
Vlora’s Cuisine Castles
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Vlora area cuisine is typical of coastal
and mountainous areas. The products
are taken from dairy animals which are
raised in the mountains by the sea.
Another important characteristic of the
Vlora cuisine is cooking with seafood.
Here are some examples of traditional
Albanian dishes:
Byrek is a flaky pastry that is preferred
by the people of Vlora to be filled with
either field greens or just as a milky pie.
The most important ingredients are
fresh milk, flour, and field greens.
Grilled meat is characteristic of Vlora,
and is found in every restaurant. The
nearness of the sea and the quality of
pastures give the meat in this area an
incomparable taste. Lamb from
Karaburun cooked over an open fire is
particularly delicious
Harapash is similar to porridge and is
cooked with corn flour, the intestines of
lamb, cheese and butter
Raki is the traditional alcoholic drink of
Albania, but it is especially good in the
area of Vlora. The drink is typically
grape-based, but you can also find raki
made from blackberries and plums.
In Vlora district there are 8 castles, with
most of them dating back since Roman
Times.
National Park of Llogara
One of the most picturesque places on
the Albanian Riviera. The 1020 hectare
area is covered by pine trees forest. It is
considered a classic place where a natural
equilibrium exists between the world of
animals and plants. The well known area
of Llogara has a height of 1027 meters.
temperature in summer is 20 degrees
Celsius while by the sea it goes as high as
40 degrees.
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Albania Property Group © 5
Radhima Residential Complex
The beach in front of Radhima Residential Complex
...presenting
Great sea views.
All amenities on your “doorstep”.
Distance from the International
Airport of Tirana 130 km
Distance from the capital city Tirana is
140 km.
Urban quality in the beach of
Radhima.
Only 4 floors in every building
Studio and 1 bedroom apartments
Underground parking available for
sale
Bar–restaurant in the residence
Radhima
Residential Complex
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Albania Property Group ©
Ioannis Kapodistrias International
(CFU), Corfu, Greece – 112.1 km
Lecce (LCC), Italy – 140.8 km
Tirana Rinas (TIA), Albania – 141 km
Casale (BDS), Brindisi, Italy – 162.5 km
Ioannina (IOA), Greece – 164.4 km
Beautiful view of Radhima’s coast
Rocky coast and pebble beaches by crystal-clear water
About Radhima
Airports close to Radhima
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Coastal area Radhime-Orikum lies on
the east of Vlora bay with a lowland and
hilly relief planted mainly with olives
and citrus. In west part the area is
washed by Adriatic Sea with a very
favorable coast for the development of
sea and sun tourism. The beach is one of
stones and pebbles which make the sea
crystal clear. East part hills are mild,
especially in Radhime village area and in
Orikum City.
The area is characterized by a warm
summer with a favorable temperature
for sunbathing and swimming during a 5
month period, where during the
summer you can make use of about 14
hours in the beach.
Radhima has a favorable geographical
position in terms of what it can offer to a
cultural and historical tourism. Standing
at an intermediate position on the only
road that connects national Vlora with
Orikum, Himara and beyond to Saranda.
It offers historical points of interest such
as Vlora, Kanina, Amantia, Mavrovo,
Orikum, Himara etc.
Historical data, many archaeological
finds, and 19 cultural monuments,
evidence that the region has been
among the most civilized in southern
Albania.
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Albania Property Group ©
Gjon Bocari Castle
Dervish Ali Towers
Archeological site in Ancient Orik
Places to visit near Radhima
Ancient Orik
Dervish Ali Towers
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First mentioned by Greek geographer and
historian Skylaksi, c. VI - V BC in his work
"Navigation" Orik town, sea port in the
Ionian and Adriatic. Antique Theatre of
Orik built in c. III - II BC is identical to the
theater of Troy. Theatre capacity ranges
from400-600spectators.Itisusedforpublic
meetings, various performances and in the
Roman era, were organized matches with
gladiators and wild animals.
Located near the village of Dukat, Dervish
Ali is famous for the villagers revolts
against the reforms in southern Albania
during the years 1847-1848. Dervish Ali
Towers were built in the early nineteenth
century on a land owned by him. Its main
elements are: the clock tower, defensive
towers and composition of internal rooms.
The complex was declared a cultural
monument and is reconstructed.
Grama
This is a small bay on the western side of
Karaburun Peninsula, who has served
since ancient times as an anchorage for
ships. On its walls were found writings
that belonged to sailors who were
thankful to Poseidon. First writings date
from IV century BC. In Latin writings of
the century AD there were found the
names of Mark Antony and Pompey.
Also can be seen drawings of vessels,
anchors etc. In this area can be find
Grama Cave which is located on the west
coast of Karaburun Peninsula. There are
preserved around 2000 inscriptions that
dated from the IV century BC, drawings
and writings regarding the hospitality of
the locals.
Gjon Boçari Castle
This is a medieval castle, located near the
village Tragjas. Its construction began in
the XV century. The castle is rectangular
and consists of two towers. The castle has
a length of about 50 meters, with walls 5
meters high and 1.25 meter wide.
Fortified walls surrounds the upper part
of the castle, while stairs at the bottom
were used by soldiers during fighting.
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Albania Property Group © 8
Radhima Residential ComplexRadhima Residential Complex
Payment Schedule *
On signing of undertaking contract 30% to be paid to developer
On completion of concrete work at the apartment - 30% to be paid to developer
On completion of plaster work - 20% to be paid to the developer
On delivery of the apartment- 15% to be paid to developer
With title deed – 5%
These payment schedules were correct at the time of writing. They may vary depending on how close to completion the purchase is made.
10. Radhima Residence
Albania Property Group © 9
Cold Water beach in Vlora
For further details on how we can
supply you with more information on
outstanding investment opportunities,
please contact us:
Tirana Office - Headquarters
Kavaja Street, Tirana Tower 59, Floor 6
Tirana, Albania
Ilir Konomi - Managing Director - Albania
Cell: +355 6720 80001
+355 6940 00711
Email: ilir@albaniapropertygroup.com