For something different, here's Albania

27 May 2015

Property in Albania

For overseas property investors looking for somewhere unusual to invest, the Eastern European country of Albania has been emerging as a popular choice for those looking to explore the undiscovered beauty of Europe’s Balkan region.

Described as the last secret of the Mediterranean, the country has become a top holiday location this year. Recent travel research reports from the U.K.’s Association of British Travel Agents and American luxury travel planning agency Zicasso have also noted Albania as being a key travel trend for 2015 with significant increases in enquiries and bookings.

The ever-increasing demand for luxury holiday properties, combined with the continuing desire within the market to find the most competitive prices, has created a sub category of holidaymakers seeking affordable luxury.

Peter Walshe, Marketing Director of Albania’s first affordable luxurious resort, Lalzit Bay Resort & Spa, comments on this growing consumer group,

He said: “We have definitely noticed a significant increase in enquiries, in keeping with this year’s rising interest in hidden gem destinations and luxury overseas property.

“Located on one of the last stretches of unspoilt shoreline in Europe, the Albanian coast still has a great deal of unseen views and untravelled landscapes yet to be explored, making it a prime destination for those in search of exclusive property without the excessive price tag.

“We pride ourselves on leading the market with regard to affordable luxury and our ability to construct quality beach front properties that are still accessible financially.”

As part of their exclusive offering, Lalzit Bay Resort & Spa has announced the launch of a select number of 5- and 6-bedroom, beach front villas with stunning, unobstructed Mediterranean views with prices from €437,000.

These freehold villas are inspired by California’s modern beach front houses, located on the sands of Lalzit Bay and the Adriatic coastline. Situated on a private gated resort, amongst landscaped gardens, each villa can be personalised, helping to create a sense of individuality but with the element of uniqueness key when investing in luxury travel.

To increase the luxury feel of the resort, villa owners get membership to both the Residents’ Club and the exclusive Adriatic Club, where additional services, including a 24-hour concierge and an airport pick-up service, are available on request.

The beach front resort also has one-, two-, three- and four-bedroom apartments, and three- and four-bedroom villas available. Each apartment is well designed and generously proportioned, while the villas benefit from the option of a private pool. Prices range from €35,000 to €360,000.

Lalzit Bay Resort & Spa also boasts an array of 5-star amenities, including a beach club, tennis courts and a range of shops and eating and drinking facilities, alongside a 24-hour on-call medical service onsite and 24/7 security presence.

Albania Coast

Andrew Batt, International Group Editor of PropertyGuru Group, wrote this story. To contact him about this or other stories email andrew@propertyguru.com.sg

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