Why it is better to invest in Albania than in the Czech Republic: price growth potential and high rental yields

18.9.2024

Invest in real estate in Albania and take advantage of the potential for price growth and high rental yields. Albania offers beautiful beaches, affordable prices and a rapidly growing tourist market, making it an attractive destination for investors.

Why it is better to invest in Albania than in the Czech Republic: price growth potential and high rental yields

If you are considering investing in real estate, Albania may be a better choice than the Czech Republic. Albania is fast becoming an attractive destination for foreign investors, particularly due to the potential for property price growth, high rental yields and access to the sea and beaches similar to Croatia. Here are a few reasons why it is better to invest in Albania.

1. The potential for property price growth in Albania


Albania is still on the rise as a tourist and investment destination, which means that property prices here have great upside potential. Compared to the Czech Republic, where property prices are at historic highs, the Albanian property market offers the potential for significant growth in the future.

  • In tourist areas by the sea such as Saranda, Vlora or Durrës, property prices are still significantly lower than in other popular seaside destinations such as Croatia or Italy. This means that initial investments are low, but the potential for returns is high as demand for holiday properties increases.
  • With the development of the tourism industry in Albania and increasing interest from foreign tourists and investors, property prices are expected to rise, offering an ideal opportunity for capital appreciation.

     

2. High rental yields


One of the main advantages of investing in real estate in Albania is the high rental yield, especially in coastal areas. Due to growing tourist popularity, there is an increasing demand for short-term rentals of apartments and houses by the sea, which means high potential profits for investors.

  • Areas such as Saranda and Vlora attract thousands of tourists each year, creating the opportunity for high rental profits during the tourist season. Tourists are looking for affordable accommodation with access to beaches, making Albania an ideal destination for investment in holiday properties.
  • Compared to the Czech Republic, where property costs are higher and rental yields are often lower due to a saturated market, in Albania you can get a higher percentage return on your investment due to low prices and growing demand.

 


3. Sea and beaches like Croatia, but at better prices



Albania offers beautiful beaches and clean seas, comparable to destinations like Croatia, but at significantly better prices. Albania's coastline lies on the Adriatic and Ionian Seas, providing an opportunity to invest in coastal property with great growth potential.

In Albania you can find luxury beachfront apartments at a fraction of the price of properties in Croatia, Italy or Spain. These properties are ideal for both private use and for renting to tourists, providing an opportunity to combine recreation and income.
Albania's beaches are often less crowded than those in Croatia, attracting tourists seeking a quieter and more natural environment, which increases the attractiveness of investing in the country.


4. Fast growing tourist market


Albania is becoming an increasingly popular tourist destination. The number of foreign tourists is increasing every year, boosting the demand for tourism rentals and services. The government is investing in infrastructure development, which is supporting the growth of the tourism industry and improving the country's accessibility.

Tourism in Albania is growing at an annual rate, making the country an attractive destination for real estate investors. Albania offers a great combination of natural beauty, rich history and low prices, making it an ideal place for investment with great growth potential.


5. Low costs and favourable investment conditions



Investing in Albania is also financially advantageous due to the low cost of living and operating real estate. The tax burden for foreign investors is favourable and the legal framework for investment is constantly improving, minimising obstacles for investors.

Compared to the Czech Republic, where property maintenance costs and tax burdens are relatively high, you can expect lower operating costs and better return on investment in Albania.


Why invest in Albania
Real estate investment in Albania offers a number of advantages, including high price growth potential, attractive rental yields and accessibility to the sea and beaches that can be compared to popular European destinations such as Croatia, but at significantly lower prices. For investors looking for opportunities in a fast-growing market with high returns, Albania is one of the best options to make long-term profits.

Combined with low operating costs and a supportive tourist market, property investment in Albania looks to be a great opportunity for anyone looking for high growth potential and attractive returns.