New Kosovo-Albania highway is opened
Since being voted top destination for 2012 by renowned travel guide Frommers, Albania is set to see another year of increasing tourism. This comes as good news for the Albanian government who are eager to see how their investments in infrastructure and tourism will attract more foreign visitors, and boost investment, GDP and employment prospects within Albania.
Over the last few years, the Albanian government has raised spending on infrastructure investments and is fast developing an efficient road network throughout Albania. Aldo Bumci, minister of tourism and culture cites that further investment across the country had helped to lift visitor numbers by 20% last year.
Albania’s improving road network is also enabling other neighbouring countries to improve their roads.
Earlier this month, the first 38km stretch of motorway linking Albania’s border directly to Kosovo’s capital Pristina was delivered ahead of schedule and within budget. The opening ceremony was attended by the Prime Ministers of Albania and Kosovo, alongside US representatives Eliot Engel and Gary Peters who celebrated Albania and Kosovo’s further integration into Europe.
Ravin Maharajah, Partner of Lalzit Bay Resort & Spa, the 5* luxury residential development located on Albania’s Adriatic coastline comments,
“Interest from international tourists and property investors is starting to develop quickly. This is a great sign and we encourage people to visit Albania in 2012.
“Albania has new roads, a new airport, a stunning coastline and great weather similar to Greece and Italy. It won’t be long until we see more and more people visit and purchasing holiday properties in this beautiful country.”
It was recently announced that a new €53 million loan from the EBRD has been agreed for the construction of two bypass roads in the south of the Albania, and the World Bank estimates that the Western Balkan economies will grow on average 2.1% in 2012, four times the pace of the European Union.
With tourist numbers set to soar next year in light of the high acclaim Albania has received, purchasing property here to soak up the country´s unspoilt coast, mountain ranges, historical offerings and rock bottom prices will provide a sensible option for property hunters.
The 5* Lalzit Bay Resort & Spa can provide the perfect property investment opportunity for as little as €38,000 for a luxury apartment on a beach-front resort. Construction on Lalzit Bay Resort begins on January 4th 2012 and is due to open in 2013.
This stunning property development, recently voted ‘Project of the Year’ at the 2011 RealEx conference in Tirana recently for its high quality infrastructure and strong commitment to the environment will provide outstanding on-site facilities including a beach club, tennis courts, restaurants and water-sport activities.
For more information please contact Lalzit Bay on 0845 125 8600 or visit www.lalzitbay.com.