
The return on investment from villas is faster than in any other type of real estate, even shops.
Investment in villas is calculated at 6-8%. A villa purchased for 500-600 thousand euros is given at an average rental price of 4000-4500 euros per month.
Investing in villas, starting from the fact that interest rates in banks are very low, has high interest. Noting the very low interest rates of bank deposits in second-tier banks, of course investing in villas is seen as an investment with high interest. The return on investment is mainly made through long-term rental contracts with foreign tenants.
However, in recent years, an interesting phenomenon has been observed, that of renting out the property to some of the first buyers-residents, as a result of the high costs of administration and maintenance of these properties. The owners decide to move to smaller properties in the city and put the villas back on the rental market.
If you have enough money to buy a villa in the Green Coast project in Palasë, you can become part of the rental program, with the aim of a faster return on the initial investment. In addition to housing, villas on the coast and beyond are being seen as a good investment opportunity.
Even representatives of Edil-Al, who are building the “San Pietro Resort” complex in Lalëzit Bay, say that often, when they have requests for villas, they notice that, in addition to cases where the purchase is made for use by the client, there are also cases where the purchase is made solely for investment reasons. These are clients who mainly come from different countries in Europe and who see Albania as a fertile ground for making this type of investment.
The price gap compared to the region is clear and for this reason, investments are made much more simply and at a lower value than in the neighbors. The aim is mainly to rent out the premises, but there are also cases when resale is considered at a later date.