550,000 €
For Sale 5 hours ago

Villa for sale at Lake Farka

Liqeni i Farkës, Tirane

  • 370 m2
  • 3 Beds
  • 2 Baths
  • 1 Views
Description

Smart Hills is one of the newest projects in the area, located to the west of Lake Farka. This area is known for its residential values, which are expressed in climatic and environmental aspects. It is worth mentioning the panoramic view offered towards the Southwest. The area is rich in water resources in the form of lakes, water basins, and streams. The vegetation in this area is rich with types of shrubs and average trees. It is worth mentioning Lake Farka, which is an attraction located about 200 m from the property. In terms of commercial services, the property is 3.7 km from the TEG shopping center. The main connection to the center of the city of Tirana is made via the Eastern Ring Road and the Lake Panorama road.

The road network is internal, facilitating access to every residence. For the creation of a recreational park, the part located in the center of the area has been considered, allowing equal access regarding distances for all residents.

Villa A
250 m2 divided into 2 floors x 125 m2 and
Yard 120 m2 and 2 parking spaces.

The displayed price is valid for payment in installments. For full payment, there is room for discussion.

The investment is expected to have a return of 70% per year. The market in the Lake Farka area is around 2500-2800 per m2 and is expected to go from 3500-4000 per m2 as there is no more free land and the supply in relation to demand is increasing in demand and the end of supply. The rent in this area is 3500 per month with annual income of around 45,000 per year.

The project is expected to be completed in less than 30 months in all its components.

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