Construction "well underway" at albania beach resort

Albania's most anticipated 5* beach resort, Lalzit Bay Resort & Spa is pleased to announce that phase 1 construction is well-underway with buildings A and B due to be finished in the coming months.

As well as this, the team is excited to announce the release of brand new deluxe apartments at the resort which will specifically cater to the needs of overseas property buyers and investors.

The new 1 and 2 bedroom deluxe apartments, situated in the spacious landscaped gardens of the resort are just moments from the stunning Lalzit Bay beach front. Offering a high build quality and plenty of private outdoor space to enjoy Albania's 200+ days of annual sunshine, several of the deluxe apartments have double-aspect private gardens or large private terraces which enjoy sunshine throughout the day.

Ravin Maharajah, one of the British partners in Lalzit Bay Resort comments:

"Albania is just 2.5 hours from the (UK) and has a wonderful climate throughout the year. Having a quiet place to sit and relax or entertain friends is important to many of our international buyers. Our new deluxe apartments are ideal for family holidays, rental investments or retirement.

"Albania in the summer is an incredibly popular tourist destination and the indications for rental demand are extremely encouraging. A 2 bed property in the summer rents for around €450-500 per week offering a very competitive yield. As well as this, purchase costs, taxes and on-going maintenance are low, while build quality and capital growth potential is high - quite a nice mix to have."

Whilst the Albanian currency is denominated in Lek, Lalzit Bay Resort lists properties in Euros helping many buyers from the UK or non-Euro countries snap up a bargain. Deluxe apartments start at just €80k which is now around £62k GBP.