The rising star of the Balkan, Albania celebrates anniversary of independence

After a recent increase in economic growth following a construction boom, November 28th 2012 marks the 100th Anniversary of Independence of Albania from the Ottoman Empire in 1912.

In a speech to mark the centenary of independence, Albanian Prime Minister, Sali Berisha stated: “We have remained together through all circumstances. Deep in the hearts of Albanians there is the principle of “one nation, one stance”. Nothing can divide the spirit of a country”.

The celebration follows the ongoing bid for the rising Balkan tourist attraction to join the EU. Reaching EU candidate status would increase the economic benefits of Albania, making it attractive to property developers and resort owners alike.

Around 63 per cent of Albania’s foreign trade is currently carried out with EU countries. Obtaining EU status is expected to increase both the level of trade exchanges and the quality of Albanian products.

The European Commission recently announced that it will invest Eur81 million as the EU’s renewed financial support to Albania’s reform efforts.

Ravin Maharajah, Partner in Lalzit Bay Resort and Spa comments:

“As one of Europe’s most talked-about up and coming holiday destinations and investment territories, it is somehow appropriate that Albania is coming to prominence as the centenary of its independence approaches. This is a very important year for Albania."

Maharajah added,

“Indeed, Albania is a mysterious nation; where new tourism projects such as our 5-star Lalzit Bay Resort and Spa and other major infrastructure improvements are transforming the country. Albania will have one of the most impressive road networks in the Balkans, building 2500km of new roads in the last 6 years enabling every community to have access to a national road within 15-25 minutes.”

For those thinking of investing in foreign property, Lalzit Bay Resort provides the perfect opportunity.  A beach front position, and beautiful private landscaped gardens just moments from the beach, the 5* villas and apartments are designed to be the most coveted properties in Albania.

These stylish properties will include private swimming pools, a beach club, BBQ area, tennis courts and restaurants priced for as little as €38,000.

For more information please contact Lalzit Bay on 0845 125 8600 or visit www.lalzitbay.com