Kosovo

Property for sale in Kosovo

Today we want to anlyze the situation about investors who want to buy property for sale in Kosovo. In the last document published by the World Bank on Kosovo it highlights positive economic prospects for growth, supported by the increase in consumption and investment, including those in the energy sector and others to be realized with the provision of new funding by donors .

Despite the positive opinion, the World Bank emphasizes the need for a stable political environment and better conditions for companies for productive investments

The sectors that attract the largest direct foreign investments are real estate with 27.9 million euro because there are many properties for sale in Kosovo, trade with 8.1 million euro, financial services with 7.8 million euro and construction with 3 million euro.

With its ten years, Kosovo is the youngest European country: it gained independence from Serbia in 2008, on February 17th, ten years ago, following the last of the conflicts in the countries of the former Yugoslavia.

Kosovo is located between Serbia, Montenegro, Albania and Macedonia. It is the youngest country in Europe also for the average age of its inhabitants: 53 % of the population is under 25; the average age in Pristina, the capital, is 28 years. The six stars that you see on his flag represent the six ethnic groups that inhabit it: Albanians (they are more than 90 % of the population), Serbs, Turks, Gorans, Roma and Bosnian Muslims.

It is a good place for deciding to buy a property for sale in Kosovo but only thinking on a future moment.

Although in the last ten years average economic growth has been 4%, Kosovo remains one of the poorest countries in Europe, with an unemployment rate of 30% - 50% among young people ,the most high on the continent. We have also to consider that the average monthly salary is only 360 euros, so if you want to sell a property  in Kosovo you have to wait for foreigner investor who could purchase your property for sale.