448,200 €
For Sale 1 day ago

Villa for sale near Lake Farka

Liqeni i Farkës, Tirane

  • 330 m2
  • 2 Beds
  • 2 Baths
  • 2 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 expressed in climatic and environmental aspects.
It is worth mentioning the panoramic view offered towards the Southwest.
The area is rich in water sources in the form of lakes, water basins, and streams. The vegetation in this area is rich with shrub types and medium-sized trees. It is worth mentioning Lake Farka, which is an attraction located about 200 m from the property location.
In terms of commercial services, the property is 3.7 km away from the TEG Shopping Center.
The main connection to the center of Tirana city is made through the Eastern Ring Road and the Panorama e Liqenit road.
The road network is internal, facilitating access to every house. For the creation of a recreational park, the part located in the center of the area has been considered, allowing equal access regarding
distances from all residents.
Building typologies: B
VILLA B
180 m2 divided into 2 floors x 90 m2 and Yard 150 m2 and parking spaces.
The displayed price is valid for payment in installments. For full payment, there is room for discussion.
Info; The possibility is to divide into two apartments x90m2 with an external staircase.
The VILLAS will also have a usable terrace creating an internal staircase.
Pools are optional, not included in the price but can be ordered by the client.
The return on investment is in less than 10 years if there is no increase in the property value and if there is still an increasing trend, it could be in 7 years with an ARR (Annualised Rate of Return) of 10-13%.
The property also has added value as collateral for any liquidity for other future investments.
Starting from January 2026, it is expected that the Lake Farka area will have a state reference of 2700 Euro / m2, valuing the B villas at around 500,000 Euro market collateral value.
The project is expected to be completed in less than 30 months in all its components.

Location

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