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Baia Vista Residence, Saranda The Baia Vista development in Saranda offers a range of one and two bedroom apartments, at excellent prices.
Only 150 metres from the golden sand and warm waters, Baia Vista offers a unique opportunity to invest in an emerging market. The development offers high quality in a great location but at launch prices you can really get yourself a bargain.
With basic facilities Baia Vista guests have access to the facilities of the nearby Butrinti Hotel.
Location Located on the shores of Ionian Sea, facing the Greek island of Corfu, Saranda is blessed with a Mediterranean climate and is widely talked about as one of the most attractive coastal towns on the Albanian Riviera. Popular with holidaymakers, honeymooners and those wishing to find somewhere untouched Saranda offers tremendous value for money. In addition to the joys of Saranda visitors can hop on a ferry to Corfu and take in the Greek culture, ferries run throughout the day, year round. Construction Schedule Baia Vista Residence is scheduled for completion during June 2009. Facilities And Maintenance • 24 hour security
• Garages for sale (€15,000)
• Maintenance is charged at €2 per square metre
All guests can take advantage of the facilities on offer at the 5* Butrinti for only a minimal charge, including; Swimming Pool, Sauna, Sports Courts. The hotel also boasts and excellent bar and restaurant.
Payment Terms We have a refundable reservation fee policy which enables you to hold an apartment for up to 28 days without actually committing to the purchase. This enables you to view the development and do further due diligence prior to signing your contract and paying your first instalment. The reservation fee is only refundable if the client views the property for sale in the development with us within the 28 day period. Only 10% of your reservation fee is retained by us as an administration charge. We will accept verbal reservations which are valid for 72 hours. The refundable reservation fee is €3,000 and should accompany a signed reservation form which is available upon request. This reservation fee is deducted from your first instalment. After 28 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.
50% on signing the purchase contract (less reservation fee).
25% on construction of the roof.
25% on completion.
Property Management The developer has a complete property management scheme in place and will cover:
• Rentals
• Key Holding
• Cleaning
• Inventory Management
About the Immediate Vicinity The economy of Saranda town is based mainly on its agricultural products but recently its economy in tourism has grown. The construction of another port for the yacht is a priority and the Airport case is in discussion with the government, and the day when Saranda will have a million tourists visiting during the summer season isn’t far. The road Tepelenë – Gjirokastër is still going on and it will be soon finished. The town has already stretched its legs right round the bay and beyond – a new Nice or Malaga by night, when the twinkling lights give out the illusion of wealth and prosperity.
Five key reasons to buy Real Estate in Albania:
1. Albania's low inflation, budget surplus and stable government is 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 increase accessibility.
4. GDP Growing at a healthy 6% per year and set to accelerate.
5. Just 2/3 hours from Western Europe.
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