Description

The residential complex is located along Lake Farka, to its west. This area is known for its residential values which are expressed in both the climatic and environmental aspects. It is worth mentioning the panoramic view that is offered in the South - West direction. The area is rich in water resources in the form of lakes, water basins and streams. The vegetation in this area is rich in species of shrubs and medium-sized trees.

It is worth mentioning the Farka Lake which is an attraction located about 200 m from the property location. In terms of commercial services, the complex has a distance of 3.7 km from the TEG Shopping Center.

The main connection with the city center of Tirana is realized through the Eastern Ring Road and Panorama e Liqenit Street. Access to the complex is realized through the secondary road, which is directly connected to Panorama e Liqenit Street. These roads are also expressed in the city's PPV. The terrain is sloping in the South - West direction. The property is clean and there are no existing buildings.

RESOURCES AND OBJECTIVES

• Proximity and presence of the Eastern Ring Road - This fact creates opportunities for faster contact with the workplace and increases the range of typologies of potential clients who seek to live in apartments outside the city, but within nature.
• The natural values of the area, related to climate and vegetation, create favorable conditions for individual villa-type dwellings.
• Social life and interaction - Provision of a central park, pedestrian spaces, sports fields and facilities.
• Energy efficiency through roofing forms, thermal insulation and solar panels.
• The road network is internal, facilitating access to each residence. The part located in the center of the area has been considered for the creation of a recreational park, enabling equal access in terms of distances for all residents.
• The 3-storey buildings are concentrated on the South-Eastern border of the area, which is also the highest area. Their positioning does not obstruct the view and it has been taken into account that their height does not exceed the current height of the hill, thus not obstructing the natural lighting of the villas. Car parking is ensured to be inside the villas' courtyards or underground.
• Several entry and exit points to the property have been considered, this also to adapt to the road in the PPV, the road which divides the property under study into two parts.

The villas are planned to be mainly single-family attached. The back yard of each villa has considerable space and has direct access to the green internal park. Access and movement within the area has the main direction Northeast-Southwest.

All buildings are planned to be surrounded by flowerbeds or green plots. The apartment balconies play a key role in the volumetric play of the exterior of the buildings. The ground floors are covered with HPL wood imitation panels, in order to have a natural fusion with the landscaped terrain. The materials used have clear colors that are suitable for residential environments and are in harmony with the natural greenery.

Influenced by the current terrain which is sloping, placing the buildings at different elevations creates volumetric movements in elevation despite being the same type of building. Parking for single-family buildings is intended to be in the external areas of the building, making access from the road to the building easier. In the part of the 3K buildings, parking is intended to be underground.

FINANCIAL ANALYSIS

Your investment goals will be supported by our financial expertise of over 25 years. The investment is expected to have a return of 70% per year. The market in the Farka Lake area is around 2500-2800 Euro m2 and is expected to go from 3500-4000m2 as there are no free lands and the supply in relation to the demand is increasing with the demand and the supply being exhausted. The rent in this area is 3500 Euro/month – with an annual income of around 45,000 Euro/year.