Albania Real Estate - Vlora ODEON Brochure
- 1. 1 Vlora Odeon Residential Complex
Your Gate to……… Investing in Albania
Vlora Panorama
Residential Complex
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.
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- 2. 2 Vlora Odeon Residential Complex
Why Albania?
25% growth in property prices in Tirana and
Vlora 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
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- 3. 3 Vlora Odeon Residential Complex
Albania is coming along to be the latest
hotspot of the property world
A small Balkan country of a population 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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- 4. 4 Vlora Odeon Residential Complex
Vlora–Albania’s Gate to the West
The city of Vlore stretches The distance from the country’s The bay of Vlore is
along Uji te Ftohte (the area capital, Tirana, is 135 Kilometers, distinguished for its many
known as Cold Waters) to the while it is only 72 km. from Italy natural resources, for its pure
region of Zvernec. and 77 miles from Greece. biodiversity, and ecological
The level on which rises the Vlora’s position guarantees a large corridor. Its is one of the areas
City of Vlore is from 6 until 76 circulation of local and foreign with the largest tourism
six meters from sea level and tourists, who favor the city because potentials in the area, connected
represents a continental base of its magnificent beauty. directly with entrances to the
level. Nearby the clock tower, In the city of Vlore, there are sea, with lots of clean nature,
in the centre of Vlore, there are located three functioning climate, water, archeology,
the Independence Monument, museums. The Museum of history, culture and people and
the Museum of History and the National Independence, The businesses. Every summer Vlore
Museum of Ethnography. Museum of Historic Relics and the experiences an onslaught of
Another one, the Museum of Ethnographic Museum are placed tourists. There are plenty of
National Independence- the in three buildings in different restaurants, hotels, funfairs,
first museum in Albania, is places in the city. shops, cash dispensers and
nearby the port. beautiful sunny weather.
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- 5. 5 Vlora Odeon Residential Complex
........presenting
Vlora Odeon
Residential Complex
It will include 3 blocks, over 4 and 5 residential
floors
They will consist of studio, 1 and 2 bed apartments
The whole project will be completed by April 2013 .
Located in the most exclusive area of the Vlora
Coast, there will be total unobstructed sea views
from nearly all the apartments.
A contemporary design which will blend modern
architecture with local surroundings.
Swimming Pools
Car parking and security gating
Large communal areas relaxing in the bars and
restaurants with views of beaches, sea and island
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- 6. 6 Vlora Odeon Residential Complex
About Vlora Odeon
Key Features:
Interest free none status payment plan over 5
years
The only resort of this type in the Albanian
Riviera
Property Already on skeleton/shell stage
Located in the main Vlora Beach (first line)
Apartment sizes from 36.18 sqm
Discounted Pre-release prices from only
€29,996
Underground parking as an option from
€7500
Full Service, Furnishing, Letting and
Management
Service charges expected €3-5 per sqm per
YEAR
Great Views of Vlora and Sazan Island
10 minutes’ walk to main town.
All amenities on your “doorstep”.
Totally unobstructed views, “ Forever”.
10 minutes’ walk to the best restaurants and
bars on “Cold Water” beaches
5 minute walk to most popular beach in
Vlora.
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- 7. 7 Vlora Odeon Residential Complex
Wonderful City, Wonderful Investment
The main coastal road Vlora - Saranda
just finished
Vlora Port is bringing in thousands of
tourists each year from Italy
Few small marinas for yachts are
planned to be built within few
hundred metres from the residence
Vlora is extending to bring in 150,000
extra residents
Tirana residents have started to drive
to Vlora during weekends
Shortage of good quality housing
Tourism is up over 22% year on year
Payment Schedule *
On signing of the reservation – Reservation / agency fee of 2000 EUR
On signing of contract – 80% to be paid to developer
On signing of contract – 700 EUR to be paid for legal services
On delivery of the keys – 15% to be paid to the developer
On receiving of title deeds – 5% to be paid to the developer
* These payment schedules were correct at the time of writing. They may vary depending on how close to completion the purchase is
made.
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- 8. 8 Vlora Odeon Residential Complex
For further details on how we can
supply you with more
information on
outstanding investment
opportunities,
please contact us:
USA and Canada
Sam Dardha - Executive Director
Cell: +1 414 852 5513
Email: info@albania-estate.com
Albania
Ilir Dardha - Albania Director
Email: ilir@albania-estate.com
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