Albania – a real contender in the European second homes market
Although Albania is still deemed an emerging market for overseas property, it is exactly this kind of nation that presents some of the very best second home opportunities today. With prices in Albania among some of the cheapest in Europe coupled with rising tourism and economic growth, Albania is fast becoming a real contender in the second homes market.
Whilst this Balkan nation offers a typically Mediterranean climate with an undeniable picture perfect landscape and an inspiring ancient history to tempt buyers, there have been limited opportunities for overseas property purchasers to confidently enter the Albanian property market. Nonetheless, with the Tourism and Culture Minister Aldo Bumci stating that €2 billion has been spent on improving the country´s roads and utilities infrastructure to help support increased tourist numbers combined with GDP growth, predicted to hit 4.3% this year according to the Albanian government, Albania is already on its way to becoming one of the best holiday and second home havens in Europe.
Ravin Maharajah, partner of Lalzit Bay Resort & Spa, a five star luxury residential development located on Albania’s Adriatic coastline comments,
“There is no doubt that the outlook for Albania is positive and we are excited to be delivering one of the most exciting and innovative developments in not only Albania but Europe. Offering a slice of paradise for an unbeatable price, we at the 5* Lalzit Bay Resort and Spa have now finalised the construction contracts with building set to start on Phases A and B weather permitting, with excavation, levelling and foundations all to start shortly.
“Our villa apartments offer a premium, exclusive product to buyers who want the benefits of villa ownership including private gardens and terraces, exclusive services, and more privacy. We are also including additional exclusive services available to villa owners, including membership of the Adriatic Club, priority access to facilities, concierge service for cleaning, home-delivery, airport pick-up and access to private beach areas.”
For those thinking about investing in a second home, look no further than the stunning apartments and villas at Lalzit Bay Resort. Only moments away from the beach, the stunning resort villas are designed to be the ultimate beach properties in Albania affording private swimming pools, BBQ area, tennis courts and superb restaurants priced from just €38,000.
Lalzit Bay Resort and Spa are in the process of establishing new group buying discounts for villas and villa apartments in 2012 as well as scheduling seminars for interested buyers but for now, why not take a look at their 3D video, highlighting the wonderful features of the resort www.lalzitbay.com/video.
For more information please contact Lalzit Bay on 0845 125 8600 or visit www.lalzitbay.com.