3 million visitors flock to Albania between January and August this year according to figures
In the first eight months of this year, the Balkan nation of Albania received 3 million visitors according to figures released by the Albanian Minister of Tourism, Aldo Bumci recently.
Albania welcomed 300,000 more visitors than the same period last year, seeing a 16% increase in numbers as a result of improved infrastructure and quality of service according to the Minister of Tourism.
In recent years, Albania has experienced improved political stability and vast economic advances. There is considerable investment in infrastructure with the development of new roads, ports and airports which has led to increasing interest from foreigners by way of tourism and property investment.
Further figures indicate that 2.1 million out of the 3 million visitors were foreign citizens; while 870,000 were Albanians residing abroad.
Ravin Maharajah, Partner of award winning Lalzit Bay Resort & Spa, the 5* luxury residential development located on Albania’s Adriatic coastline comments,
“Albania is no longer a country hiding in the shadows thanks to an ever improving infrastructure and real GDP growth. Construction projects such as the $400m Tirana-Elbasan highway and increased frequency of flights most recently between London and Tirana have made huge contributions to rising tourist numbers. As well as this, the country has been experiencing high levels of positive publicity with the likes of legendary business magnet Donald Trump speaking of the rapidly growing Albanian property market at the RealEX conference recently and the famous American Albanian celebrity Eliza Dushku filming a documentary that will promote tourism and culture within the Balkan nation.
Maharajah continues,
“In addition, Albania has become a distinctive emerging market and has been attracting firm interest from foreign investors with foreign direct investment (FDI) in Albania exceeding the $1 billion mark last year according to the UNDP Resident Coordinator. At Lalzit Bay we have seen an incredible level of interest with at least 70% of units released having already been sold.”
The introduction of luxury property developments such as the 5* Lalzit Bay Resort & Spa can provide the perfect investment opportunity to meet the growing demand for property for as little as €29,000 for a gorgeous studio apartment. The resort, recently voted ‘project of the year’ at the 2011 RealEx conference in Tiriana recently for its high quality infrastructure and strong commitment to the environment will provide outstanding on-site facilities including a beach club, BBQ area, tennis courts and restaurants.
For more information please contact Lalzit Bay on 0845 125 8600 or visit www.lalzitbay.com.