Tourism sector developments a top priority for Albanian Prime Minister Edi Rama in 2014
With its developing market economy, Albania offers many opportunities for investors. The location alone offers notable potential, especially with EU markets, with the Balkan nation sharing a border with Greece and being located just 45 miles across the Adriatic Sea from Italy.
Albania has also entered into free trade agreements with all other Balkan countries with economic growth supported by improvements in infrastructure, technological innovations and developments in tourism thus boosting investor confidence further.
Indeed the Prime Minister of Albania, Edi Rama, recently met with representatives of business and industry to discuss making developments in the tourism sector a priority in order to drive investment and protect Albania’s natural beauty.
Peter Walshe, Head of Marketing at Lalzit Bay Resort and Spa, the new 5* luxury resort located on Albania’s Adriatic coastline, comments,
“Albania is undoubtedly still in its infancy when it comes to mass international tourism but that’s what makes it such an exciting time to be involved in the country. We are confident that Albania will be firmly established on the global tourism map in the near future, with those who invested early in this jewel of the Balkans reaping the greatest rewards.”
Indeed, the charms of Albania are not going unnoticed: The New York Times has recently ranked Albania as a top destination to visit in 2014; Rough Guides also lists Albania as one of its top value destinations.
From private commercial enterprises such as Lalzit Bay to government led initiatives, there’s no stopping the interest in Albanian tourism from all camps. The Stabilisation and Association Council (SA Council) between Albania and the European Union for example have devised a new deal committed to short term visa free travel which will no doubt assist with EU accession efforts as well as attract further foreign direct investment.
The tourism accommodation sector is one in particular which has seen increasing levels of FDI. High quality, luxury projects such as Lalzit Bay have been welcomed by the government as they are meeting the demand from both domestic and international holiday makers and second property owners alike as well as creating jobs and wealth for the local communities.
Lalzit Bay Resort & Spa can provide the perfect investment opportunity for as little as €35,000, offering high-specification villas and apartments surrounded by superb on-site facilities including a beach club, tennis courts and a wide choice of international cuisines on offer in the restaurants.
Lalzit Bay will soon become one of the most desirable resort destinations in the Eastern Mediterranean as well as an attractive and attainable lifestyle and investment choice for those wanting a superior second home in the sun or indeed a buy-to-let property abroad.
For more information contact Lalzit Bay Resort & Spa on + 44 845 125 8600 or visit www.lalzitbay.com