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Kaltrina Residence is our newly released development of just 49 apartments in Saranda, Albania. Set in a panoramic situation, with beautiful views to the Ionian Sea, these apartments represent the latest investment opportunity in this fast developing country.
Kaltrina Residence is located in a prestigious but quiet area of Saranda, close to the 5 star Butrinti Hotel and just 3 minutes from the beautiful beaches of the Ionian Sea.
Located on the shores of Ionian Sea, in front of the Greek island of Corfu, Saranda is the one of main tourist destinations in Albania. The resort is characterized by a Mediterranean climate and warm sea waters averaging 290 sunny days a year. In the summer, temperatures rarely exceed 30 degrees during the day whilst there is a refreshing sea breeze keeping the evenings cool.
Saranda is an old town, first settled by the Illyrian tribe of Chaonians who named it Onchesmus. Cicero mentions it as convenient harbour with favourable winds, however it is the bay on which it is built that gives Saranda its charming look.
Near Saranda you will find the “Blue Eye” natural spring and the ruins of the ancient city of Butrint, a World Heritage Site and one of the most important archaeological finds in Albania. Also, close to Saranda is the ancient city of Finiq, which according to Edwin Jacques is found to have had one of the biggest acropolis in the ancient world, roughly 7 times larger than that of Athens.
Whilst visiting Saranda and surrounding areas you might wish to visit the archaeological site of Butrint, Ethnographic Museum, ruins of the ancient town of Onhezmi in Saranda, the ancient temple and other ruins of Foinike in Finiq village, the small Castle of Ali Pasha in Vrine village, the Church of Saint Kolli in Mesopotam village as well as the beautiful Ksamili Islands.
Albania signed the SAA (Stabilization and Association Agreement) in June 2006. The SAA represents an important economic and political opportunity and marks the beginning of a new phase in the EU’s relations with Albania paving the way of EU membership in 2014.
1. Albania\'s low inflation, budget surplus and stable government are all attracting investment
2. EU/ World Bank/ EIB funds are budgeted to rise from €150m (2006) to more than €1bn by 2010
3. Upgraded roads and a new terminal at Tirana airport are increasing accessibility
4. GDP Growing at a healthy 6% per year and are set to accelerate
5. Just 2/3 hours from Western Europe with direct flights from the UK
