Soleal Resort

Photos

Status Active Listing
Type Development
Location  Orikum
Country  Albania
Sq.Ft  N/A
Price
(starting from)
 
€27,000
Property experts project an Annual rate of return of :
N/A
the return on your investment in one year:
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The Soleal Resort is a tourist development of 103 apartments situated in the seaside resort of Orikum, 5km south of Vlora on the unspoilt southern Adriatic coast of Albania. These apartments represent an ideal investment opportunity since they are located in a new developing area which is expected to see property values increase drastically.



Situated on the first line, most of the apartments will have panoramic views over the Adriatic Sea, the stunning 'Sazan Island' and towards the mountains around the Orikum bay and Vlora. Furthermore the development is located 100m from the well-known Orikum beach and 200m from the town centre.



The Soleal development has been designed to offer its owners true comfort; peace and tranquillity; quality and beautiful sea views. Apartments here provide a fantastic location, excellent build quality and comprehensive facilities, but also offer apartments at very competitive prices. These factors have already created a strong initial demand and will ensure an excellent return in the future.



Investing in an apartment at Soleal Resort is an amazing opportunity to own property in Albania at a low purchase price and at an extremely low cost of ownership. This development is ideal for those seeking to buy into the dynamic seaside property market. The apartments face the famous beach of Orikum in the bay of Vlora. Orikum is protected to the east by the mountain chain of Lungare, to the south and west by the Karakurun peninsula a fully protected and virgin area.



Vlora is one of the oldest cities of Albania. Today it remains a major seaport with direct ferry every night to Italy and commercial centre with a significant fishing sector. Tourism has become a major industry in recent years, with many hotels, recreational centers, and vast beaches. It is a pleasant place to relax, to have a coffee and admire the beautiful view over the Bay of Vlora.



Tirana international airport is no more than 90 minutes thanks to a new road to be finished in 2007. Over 150,000 people permanently live in Vlora and this grows to 300,000 in the summer.



Orikum and the bay of Vlora are one of the areas with the largest tourism potential in Albania, connected directly to the sea, lots of clean nature, climate, water, archaeology, history, culture and friendly people. The Building will be managed and will offer different activities and trips to tourists and will mainly provide the opportunity for investors to own an apartment that can be rented out with security, managements and services including room service and laundry facilities



Development facilities include: Outdoor swimming pool, playground, planted gardens and private underground parking within walking distance to the sea and Orikum.



Apartment specifications include: Double Glazing, Tiled bathrooms (Italian tiles), Stainless steel bathroom fittings, Centralised hot water system, Kitchen area with terracotta flooring, air-conditioning system (cooling/heating optional), Interior designed communal areas, all walls plastered & painted with latex off-white paint, Satellite television and Internet access, Planted gardens with terraced area (where applicable).



Five key reasons to buy:



1. Albania's low inflation, budget surplus and stable government is attracting high levels of foreign private investment



2. EU Pre-accession Assistance will provide a total of €11 billion over the period 2007-2013

3. New roads are being built linking Vlora to Tirana and the new terminal that is already open at Tirana Airport increase accessibility



4. GDP Growing at a healthy 6% per year and set to accelerate



5. Just a 3 hour direct flight from the UK
 
 
 
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