Visit the Lalzit Bay development, on Albania?s Adriatic coast, and there?s not that much to see. A fenced-off building site, some half-built apartment blocks, and several miles of sandy beach.
It is the kind of scene you might have witnessed 50 years ago on the Algarve, before big-time tourism took off. And there lies its appeal for sharp-eyed property hunters.
From Sarand? in the south to Shkodra in the north, Albania is going places. In a few years, there will be a swish modern development at Lalzit Bay. It will have 500 properties, an eight-storey hotel, health club and imported palm trees from Malaysia.
Not bad, considering that 15 years ago, it was hard to imagine Albania as a country with any kind of future.
Since then, a lot has changed. Visit the capital, Tirana, and you encounter a surprisingly handsome, broad-boulevarded city. What?s more, it is connected to the coast by an efficient, fast-moving highway for all but the final 10 minutes of the 45-minute drive. Even as you read this, the last 5km (three miles) are being tamed with a layer of tarmac.
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This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Albania Real Estate offers tempting deals to canny investors is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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