As Albania works towards EU membership – it formally applied in April 2009 – the country is expected to continue operating the solid fiscal and economic policies that are currently in place and that have seen its economy grow while others have been in decline.

 

 

This positive picture, backed by Prime Minister Sali Berisha´s commitment to support business and innovation in Albania, has created an attractive environment for foreign investors looking to take advantage of the country´s open-market economy and the diversification of its economic base. The property market is already feeling the effects of this, giving rise to some exciting new leisure and tourism developments, such as the Lalzit Bay Resort and Spa.

 

 

Lalzit Bay is a luxurious 5 star resort village tipped to become the most exclusive beach community in Albania. Construction has progressed swiftly during 2012: from an empty piece of land in January, through the completion of the superstructures in August, to interior work being well underway in December. Holidaymakers will be able to start enjoying Phase 1 of the resort when it is completed a little later this year. The rapid progress is a clear demonstration of the new business-minded approach that is flourishing in Albania. 

 

 

Ravin Maharajah, Partner of Lalzit Bay Resort and Spa, explains:

 

 

"Albania is changing. The country is fired up and ready to take on the new world created by the global economic crisis. We´re doing things differently now, allowing businesses such as Lalzit Bay Resort and Spa to progress. At the same time, we´re ensuring that environmental factors are considered, so our resort village is being built in harmony with the local environment and the feeling of space and seclusion that the beach, the sea and the distant mountains provide. Our low-rise design will ensure that the natural delights of the area can be enjoyed to their full, while ensuring luxury and privacy for our guests.

 

 

"With foreign investment on the rise in Albania, it was essential for us to create a resort village that exceeded expectations and offered more than the dated resorts in other Mediterranean countries. Nestled in amongst our landscaped and meditation gardens are secluded pools, tennis courts with qualified coaches on hand, beach clubs, a residents´ club and our stunning spa, wellness centre and state of the art health club."

 

 

The resort epitomises the emergence of Albania as a key country for foreign investment. It combines careful planning with a bold, innovative approach, just as the government´s economic policies have done. The environment that has been created as a result of these policies is allowing business and the economy to flourish, while neighbouring countries still struggle to get to grips with their fiscal problems.

 

 

Smart investors looking to capitalise on the rising Albanian economy via the country´s property market will find prices starting from as little as €35,000 for a studio apartment at Lalzit Bay Resort and Spa. In keeping with the country´s progressive approach, the resort is offering investment opportunities in its hotel units as well, with discounts available for multiple purchases, affording investors multiple ways to be part of Albania´s dynamic economy.

 

 

For more information on Lalzit Bay Resort and Spa, please contact 0845 125 8600 or visit www.lalzitbay.com .