Terranova_Residence

Terranova Residence in Tirana, Albania

Due for completion in August 2008, apartments in the Terranova Residence provide the opportunity to invest in a one, two or three bedroom property set against the backdrop of a rapidly growing Capital city which is currently experiencing strong levels of growth. Whilst in the building stage, all apartments are priced at between 570 and 690 Euros per sqm, a price that is expected to rise by 20 – 25% following completion.

The Terranova Residence is a new residential development set in the vibrant and beautiful surroundings of Tirana, Located in a brand new suburb just 3.7km from the centre of the city, the development has been created with the fast emerging, affluent middle class sector in mind, who are demanding top quality property in the right location.

The apartments are 400m from the new Tirana ring road on the western side of the city with excellent transportation links and direct access to both the city centre and the new airport terminal that serves the country. The Terranova Residence is a freehold mixed use building comprising commercial ground and lower ground and residential upper parts with a total of 10'000m2. The commercial areas comprise mini-market, laundry services, restaurant and bars on the ground floor.
Amenities

• Excellent transport links
• Great rental opportunities
• Good location
• Local Shops/Restaurants

PRICES

One Bedroom Apartments from 42,847 Euros

Two Bedroom Apartments from 49,009 Euros

Three Bedroom Apartments from 73,354 Euros

PAYMENT PLAN

1,500 Euro Reservation fee (non refundable)

40% (less the Reservation Fee) on Preliminary Contract

60% on Completion and Property Transfer (expected August 2008) – Non residential Mortgages are also available

Maintenance Charge

3 euros per SQM including VAT per year

Please quote 'Albania' when enquiring

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Disclaimer: Property details, prices and availability are supplied by the developer or the agent and are subject to change. findaplaceoverseas.com cannot be held responsible for any inaccuracies.

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