FAQ

Frågor och svar

Hur mycket skulle en fastighet kosta mig och hur stora är de?

Kontor

I de stora kontor utvecklingen de senaste femton åren de första kontorsbyggnader var Sky Tower of 8,000 kvm (2005), Twin Towers i 11,800 kvm (2005), Europeiska Trade Center på cirka 9,000 kvm (2006), G-KAM centrum 4,500 kvm (2008) och Hekla Center på cirka 3,000 kvm (2009). Under 2012, no new supply was added to the total office stock, which has been registered at 63,400 sq m since the first half of 2009 after the entrance of the ABA Business Center into Tirana’s Real estate market. För närvarande, the Grade A inventory comprises the largest proportion of office space with 34,300 kvm mot 13,000 sq m of grade B+. 16,100 sq m Grade an office buildings in Tirana include Sky Tower, Twin Towers, the European Trade Center (ETC) and ABA Business Center. Nästan 80% of the business towers are located in the Central Business District. The remaining office stock is spread across the broad center and central Tirana.

Projects currently under construction are expected to increase the office stock by a further 238,700 sq m in the next 2-3 år, where Archea Tower is planned to be approximately 12,000 kvm, American BC nearly 3,000 kvm, Millennium BC 8,700 kvm, TID Tower 15,000 sq m and Tirana Business Park 200,000 kvm.

Bostäder

In the first half of 2012 there are issued almost no construction licenses in Tirana because of the municipality new reforms. There are many reasons why the supply has slowed down. Factors that contribute to this slow down are the lack of construction licenses, economic crisis in the neighbor countries from which Albania has the most remittances, långsam utveckling på att slutföra de konstruktioner av byggarna och hårdare regler finansiering från banker och finansinstitut.

Residential property prices in Albania have not seen any changes in the past 2 år. The prices in Albania are quoted in €. Nya high-end bostadsområden bibehålla högsta frågar priserna € 1,100 – 2,000 per sqm and are located on the best areas. In the mid-market the prices range from €500-700 per sqm. Priserna har varit under press att gå ner och vi har observerat en minskning av priserna i områden som har långsam rea priser. But in the luxury areas there are still high prices and pressure from the buyers to lower it.

Land Market

The land market in Albania has increased throughout the years due to the buyer’s interest in bigger areas, mainly for construction of tourist complexes. The agro land asking price vary from €15- 200 per sqm depending on the position, also in relation to the main roads.

The industrial land asking prices vary from €30- 250 per sqm depending on the position, also in relation to the main roads. Tomten mark säljkurs varierar Från € 70 – 1,400 per sqm depending on the position, also in relation to the main roads and to the city. The highest prices are noticed in the proximity coastline and on the side of national highways.

As a result of the lack of urban studies and indifference to the illegal constructions, there has been an artificial increase of the land prices in the tourist areas of the country. With the performing and approval of urban plans in Albania, significant differences in terms of land value within these areas are expected.

Do apartments come furnished?

Det skulle vara mycket ovanligt att hitta lägenheter som säljs med inredning. Med tanke på att konkurrensen blir starkare och starkare utvecklare är mer villiga att erbjuda möbler, higher quality works, och därför accepterar lägre marginaler. Detta är ett positivt tecken, och vi ser mer rimlig prissättning och utvecklare tänker erbjuda mer än bara boende.

Furniture packages are available through Albanian Property Management and will cost from about 3,500 Euro, depending on grade and amount of bedrooms.

After-sale services include

• Möbler paket
• Fastighetsförvaltning
• Fastigheter uthyrning

Air conditioning costs from 320 Euro per unit but it is sometimes included in the developer’s price. Men, do expect the following to be included in your apartment: plumbing, elektricitet, sanitary ware / bathroom tiling, sockets, doors, double-glazing.

How much is the Reservation/Agency fee?

The Reservation/Agency fee is 2,000 Euro for apartments and Land fees 6 % on a sliding scale downwards. This fee is payable immediately on return of the reservation form. On receipt of this money and form, there is usually a cooling off period of 15 dagar, in case the buyer, should wish to not proceed with the purchase. Vid mottagning av denna avgift albanska Fastighetsförvaltning kommunicerar med att utveckla företaget och tar lägenheten ut på marknaden. Med nästa steg klienten kan starta rättsliga förfaranden i syfte att slutföra företaget kontraktet.

What do I get for my agency fee?

We work on a set reservation fee as oppose to a percentage as we feel it penalizes the higher spender. The fee is small in comparison with other countries.

• Flygplatstransfer arrangemang från Tirana till alla destinationer i Albanien genom vårt systerföretag Albanien Taxi
• Accommodation Arrangement
• Market overview
• Property Tour
• Legal advice
• Assistance with arranging finance/opening a bank account
• Power of Attorney option and we can finish the paperwork for you once you leave.
• Discuss After Sale Services through our agency such as: Bostad & Rental Management, Furniture Packages.

What are the payment terms?

Generally you would pay between 20%-30% of your total purchase after the pre-contracts have been signed by you and your POA. Procentsatsen varierar beroende på hur långt bygget är mot sin fullbordan. Då kan vi försöka sätta andra betalningar i samband med de stadier av konstruktion. Therefore payments might follow with another 30% on completion of concrete shell of the residence, 15%-20% on completion of installations, 10%-20% on delivery of the apartment and 10% with registration and receiving of the title deed.

The final payment which is paid upon registration of the property takes time in general. Det kommer efter avslutad men vad är viktigare kunder kan möblera och leva i fastigheten innan de får de gärningar. Trots den nya lagen, som trädde i kraft i 2012 aims to shorten the period of time between completion and the registration of individual property.

How can I instruct a lawyer?

You would expect to pay from 600-2000 Euro plus expenses for a quality English speaking lawyer in Albania. Price is determined based on how many units you buy. Further to our initial due diligence with a lawyer, in checking paperwork etc, your lawyer would be your contact through the initial contract procedure up until your first payment. De skulle också vara på plats för att påminna dig om när ytterligare betalningar förfaller och att verka för säkerheten för dina lagfarten efter avslutat projekt. På albanska Fastighetsförvaltning vi kommer att använda vårt eget i huset jurist för att kontrollera papper innan de passerar in på de advokater för slutlig kontroll och frimärken.

What is the process after the initial reservation fee is paid?

• Appoint a lawyer;
• Await POA certificate to be sent via email;
• Sign certificate in front of notary in your own country & have the POA apostilled,
• Return POA certificate to your lawyer in Albania;
• Receive by email draft of undertaking-contract;
• Liaise with lawyer for any issues or clarifications & agree on the draft;
• Await pre-contract signed by lawyer and developer;
• Transfer first installment into the developer bank account, based on with details supplied by your lawyer. Other installments will follow during the construction period.

Can I buy as an individual or company?

The tax benefits are better to buy as an individual for residential property, Men ett lokalt företag skulle behövas bör du våga att säkra mark. Med de senaste förbättringarna i proceduren för att registrera ett företag i Albanien kan du registrera ett nytt bolag inom 24 timmar.

What other costs do I need to be aware of?

There is no VAT on your purchase and no transfer tax. Most countries around the world will charge a percentage of the purchase price, when buying a property in their country. This figure can vary from the 2% till 15% in those countries. This is not the case in Albania.

Should you decide to sell the property, there is a Selling Tax (similar to capital gains tax) av 10% payable in Albania, on the difference between purchase and sale. There is also a flat income tax of 10% on the rental income, should you rent your property out. Starting on January 2008 corporate tax was also reduced to a flat 10%, som är inkomstskatten. Med allt detta i åtanke, your only extra fees in purchase will be real-estate agents and lawyers. For total tax and financial advice, Albanska Fastighetsförvaltning kan rekommendera certifierade revisorer för att hjälpa dig igenom alla frågor du kan tänkas ha i detta avseende

Is there a need for car parking?

Parking is a problem in Tirana and the coastal towns. Our advice at Albanian Property Management would be to purchase if you can afford it. It will be money well spent as an investment and will be an important commodity when selling or renting. Prices will vary from 12,000 till 25,000 Euro in capital city Tirana; 10,000- 15,000 Euro in Durres and Vlora; och 7,000- 10,000 Euro in Saranda.

What is the rental market like?

Albania has not been in the world tourist map before. However it has been moving up the league table gradually over the last 4 years and is accelerating fast. ETT 20% increase of the number of visitors over the last three years, through the international airport in Tirana, bevisar detta. Albanska Fastighetsförvaltning har alltid sagt att detta är början scenen för dem som vill gå för hyresintäkter. Hur som helst, it is important to understand that on the coast the rental market is not great yet, but it is growing.

One would expect to receive a maximum of 6% rental income yield in the high summer months from best properties in the coastal cities. På samma gång hyresintäkter i centrala Tirana kan säkert gå högre än vad man kunde göra i kuststäder. Stora researrangörer har låg närvaro i landet för tillfället, but the situation is changing gradually. Foreign operators have started cooperating with Albanian travel & tour companies. Once they are in, on a larger scale, då resebyråer och program semester kommer att lovsjunger detta fantastiska land och hyresmarknaden kommer att skjuta upp därefter. Med färjor kör dagligen från Korfu och Italien och större vägar som förbinder alla delar av landet till sina grannar, already finished – tourism is becoming a very interesting and profit-making business.

Approx how much are communal charges?

Expect to pay around 150-200 Euros a year for maintenance in the residences without swimming pool. Then water, electricity, betalas utifrån förbrukning och en genomsnittlig månatlig faktura kunde gå ca 50 Euro, eller 600 Euro per år om lägenheten används under 12 months.

Ordnar du Property Tours?

Property Tours: Många av våra kunder har aldrig varit till Albanien och vill besöka för att få en känsla för landet, kustlinjen, städer, dess topografi, och de olika områden för möjliga investeringar. Vi välkomnar dig och rekommenderar starkt att du kommit till landet och ta en av våra "albanska Tours Fastighetsförvaltning". Vi är den mest erfarna i hyror och ledning i den albanska marknaden och nu har vi 3 kontor i Albanien - Tirana, Saranda och Vlora.

Fastigheten tour är ett "rullande mini-seminarium" genom de flesta viktiga områden i landet – från Tirana, Durres och sedan söderut till Vlora, Dhermi, Pala, Himara och Saranda. Våra professionella människor har djupa kunskaper om fastighetsfrågor, property management, underhållskostnader, och andra frågor som särskilt relevanta för att äga förvaltningsfastigheter. Vi tror på att utbilda våra kunder, inte tillämpar högt tryck försäljning taktik.