Villa - For Sale - Lake of Farka, Tirana (ID: 530361015-234)

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 types of shrubs 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 internal road network facilitates access to each 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.
Villa A
240 m2 divided into 2 floors x 120 m2 each and
Yard 200 m2 and parking spaces.
The displayed price applies 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 Euro/m2 and is expected to go from 3500-4000 m2 as there is no more free land and the offer compared to demand is increasing due to demand growth and offer depletion.
Rent in this area is 3500 Euro/month with annual income around 45,000 Euro per year.
The project is expected to be completed in less than 30 months in all its components.