DANDEN

For Sale: 3-Bedroom Apartment in “5 Maji” Residence – 5th Floor

Description of the property

A Unique Opportunity to Own a Spacious and High-Value Property in One of Tirana’s Most Modern Areas!
This 3-bedroom apartment is located on the 5th floor of a brand-new building within the “5 Maji” Residential Complex, offering the perfect combination of quality living and secure investment.

With a net living area of 129.4 m² and a total area of 153.1 m², the apartment provides generous space for every family member, with a well-planned layout that ensures comfort, natural light, and privacy. Every corner of the property is thoughtfully organized to meet the standards of modern urban living, combining style with practicality.

Apartment Features:

  • 3 spacious bedrooms, ideal for large families or individuals seeking more personal space
  • Large living room with open space for lounging and integrated kitchen – perfect for a bright, fluid daily living experience
  • 2 modern bathrooms, designed for functionality and comfort
  • 1 balcony with an open view and excellent natural lighting
  • Fully operational elevator, in a well-managed and high-quality building

This apartment represents a unique opportunity for comfortable and well-organized living, but also stands out as a property with high rental or resale potential, thanks to its location in a rapidly developing area with new infrastructure and increasing market demand.

The neighborhood is easily accessible and surrounded by all necessary amenities – schools, public institutions, shopping centers, supermarkets, and has direct access to the city’s main ring road.

  • Clear legal documentation
  • Secure investment with long-term value
  • High-demand area with ongoing urban development
  • Modern layout that meets the needs of contemporary urban living

For more information or to schedule a property visit:

Email : [email protected]
Phone : +355 68 666 5111

Ask for a meeting

FAQ / frequently asked question

What is real estate?

Real estate refers to land and anything permanently attached to it, such as houses, apartments, commercial buildings, or agricultural land.

The key steps to buying a property typically include:

  1. Determine Your Budget: Assess how much you can afford, considering down payment, mortgage, and additional costs.
  2. Get Pre-Approved for a Mortgage: Secure a pre-approval letter from a lender to show sellers you’re serious.
  3. Find a Real Estate Agent: Work with a professional who knows the market and can guide you through the process.
  4. Start House Hunting: Visit properties that match your criteria and budget.
  5. Make an Offer: Once you find a suitable property, submit an offer to the seller.
  6. Get a Home Inspection: Have the property inspected to ensure there are no major issues.
  7. Close the Deal: Finalize the paperwork, pay closing costs, and receive the keys to your new home.

Consider proximity to work, schools, amenities, public transportation, and the overall neighborhood safety and vibe.

The standard down payment is 20% of the property’s purchase price, but some loans allow for lower down payments, sometimes as low as 3-5%.

A fixed-rate mortgage has a set interest rate that doesn’t change over the life of the loan, while an adjustable-rate mortgage (ARM) may start with a lower rate that can increase or decrease over time.

Closing costs are fees paid at the end of the real estate transaction, typically including loan origination fees, title insurance, appraisal fees, and more. These costs generally range from 2% to 5% of the property’s purchase price.

Yes, a home inspection is crucial as it helps identify any potential issues with the property before finalizing the purchase.

To sell a property, you should:

  1. Determine Your Home’s Value: Get an appraisal or consult with a real estate agent.
  2. Prepare Your Home for Sale: Make necessary repairs and improvements, and stage the home to attract buyers.
  3. List the Property: Work with a real estate agent to list your property on multiple platforms.
  4. Market Your Home: Use online listings, open houses, and advertisements to reach potential buyers.
  5. Negotiate Offers: Review and negotiate offers from buyers.
  6. Close the Sale: Complete the necessary paperwork and hand over the keys.

The best time varies depending on the market, but spring and summer are typically the busiest seasons for buying and selling homes due to favorable weather and school schedules.

While not mandatory, a real estate agent can provide valuable expertise, help you navigate the complexities of buying or selling, and potentially save you time and money.