Geography

Albania has a total area of 28,750 square kilometers. Its coastline is 362 kilometres long and stretches on the Adriatic Sea and the Ionian Sea. The lowlands of the west face the Adriatic Sea. The 70% of the country that is mountainous is rugged and often inaccessible. The highest mountain is Korab situated in the district of Dibra, reaching up to 2,753 metres (9,032 ft). The country has a continental climate at its high altitude regions with cold winters and hot summers. Besides the capital city of Tirana, which has 800,000 inhabitants, the principal cities are Durrës, Elbasan, Shkodër, Gjirokastër, Vlorë, Korçë and Kukës. In Albanian grammar, a word can have indefinite and definite forms, and this also applies to city names: both Tiranë and Tirana, Shkodër and Shkodra are used.

Demographics

As of July 2007, Albania's population of 3,600,523 is growing by 0.73% per year.[23] Albania is a largely ethnically homogeneous country with only small minorities. Majority of the total population is considered Albanian. Minorities include Greeks, Aromanians, Torbesh, Gorani, Macedonians, Roma, Montenegrins, Bulgarians, Balkan Egyptians and Jews. The dominant language is Albanian, with two main dialects, Gheg and Tosk. Many Albanians are also fluent in English, Italian and Greek.

Economy

The democratically elected government that won the elections on April 1992 launched an ambitious economic reform programme to halt economic deterioration and forced the country on the path of a market economy. A comprehensive package of structural reforms, including privatization, enterprise, and financial sector reform, creation of the legal framework for a market economy and private sector activity. After severe economic contraction following 1989, the economy slowly rebounded, finally surpassing its 1989 levels by the end of the 1990s.[24] Since prices have also risen, however, economic hardship has continued for much of the population. In 1995, Albania began privatizing large state enterprises.

Following the signing of the Stabilisation and Association Agreement in June/July 2006, EU ministers urged Albania to push ahead with reforms, focusing on freedom of press, property rights, institution building, respect for ethnic minorities and observing international standards in municipal elections. Albania has made an impressive recovery, building a modern and diversified economy. Recent administrations have also improved the country's infrastructure and opened competition in seaports, railroads, telecommunications, electricity generation, natural gas distribution and airports. This is a chart of trend of gross domestic product of Albania in Albanian currency and at Purchasing Power Parity (PPP--i.e., taking inflation into account) estimated by the International Monetary Fund with figures in billions of Lekes respectively

The fantastic location, comprehensive facilities and high build quality combined with excellent value for money will create a strong demand immediately and ensure an excellent rental and re-sale return for the future.

Five key reasons to buy:

1. Albania's low inflation, budget surplus and stable government is attracting investment

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

3. New 2 way roads to Vlora 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 (direct BA flight)

Conclusion

We believe that it is an interesting investment opportunity notably because of the ever-increasing demand for seaside properties in the Adriatic and the restricted supply of lands for development. The rewards that can be gained from investing in WonderfulAlbania are easy to see:

1. Competitive advantage i.e. pure seaside development

2. Clear, simple beach front development concept

3. Registered land allowing mortgage financing

4. Virgin area with infrastructure nearby