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Originally Posted by maneel.com
Albania ... know some guys from there into tiles. Is the market really good?
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Both markets work very well as investments. Albania works purely as an strong investment for the foreign market but offers not a lifestyle that we are used to at present. This will change within 5 years as the country tries to catch up with the infrastructure of the rest of Europe. Being a locally driven domestic market it works on the coast due to lack of supply of anything at all and in the cities due to cheap prices, strong exit, good rental, finance and urbanisation.
Montenegro offers a lifestyle as well as an investment and is probably the country showing most active property rises across the board in the world at present. I don't believe they will ever enter the EU and will want to set themselves up in the same way that Monaco is with low taxes and high quality of life. Due to the size, definately a place to get in for the medium and long term.
Do drop me a line if you wish for anymore thoughts and advise on these exciting opportunities for investment.
Stingo