Quote:
Originally Posted by Stingo
I was going to answer the thread on whether now Kosovo was a good place to invest. What I really cannot be bothered with, is to get into political arguments and take view points on who is right and who is wrong ......
I am totally impartial and hold no strong views either way.
Kosovo is no more of a risk now than Albania and the trumpet has been blown in Albania for two years now.
Albania is proving to be a worthwhile investment for many " early birds" but the story there has only just started.
In Kosovo , it is even earlier. Just over 100 days in fact. The market is just moving . The price of land in Pristina is low and in the newest capital in Europe has cheap, off plan units - in comparison to the rest of Europe.
The UK and US Embassies are setting up and large corporates and banks are moving in.
Kosovo is a very important State for Europe and a new and exciting investment opportunity.
Capital growth was 15% in the first half of this year on land .
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It is exactly as you stated IMO.
The problem I see is that the economy is very basic and the serbs to the north (because of political reasons) and Macedonia to the south (poor region not developing as fast as other southeastern region)
are not helping the local economy.
Pretty confident that this will change soon