The return on investment from the villas is faster than any other real estate, even shops.
Investment in villas is estimated at 6-8%. A villa bought for 500-600 thousand euros is provided with an average rental price of 4000 to 4500 euros per month.
Investing in villas, due to the fact that interest rates on banks are very low, have a high interest. By noting the very low interest rates on bank deposits in second tier banks, the investment in villas is certainly seen as a high interest investment. The return of the investment is mainly done through long-term lease contracts with foreign tenants.
However, in recent years, an interesting phenomenon has been noted, that of renting property to some of the first buyers-occupants, as a result of the high costs of administration and maintenance of these properties. The owners decide to move to the smallest property in the town and the villas to be thrown into the rental market again.
If you have enough money to buy a cottage in the Green Coast Project in Palas, you can become part of the lease program in order to return faster from the initial investment. Apart from housing, the villas on the coast are not only seen as a good investment opportunity.
Representatives of Edil-Al, who are building the "San Pietro Resort" complex in Lalëz Bay, show that often, when there is a demand for villas, notice that, besides there are cases where the purchase is made for use by the client, there are also those cases that the purchase is made only for investment purposes. They are mainly clients coming from different European countries and seeing Albania as a fruitful ground for making this type of investment.
It is clear the price gap compared to the region and for this reason, it happens that investments are realized much simpler and with a lower value than the neighbors.
The intention is mainly to rent the environment, but there are also few cases when thinking of reselling at a second moment.