ALBANIA, EUROPE’S HIDDEN GEM
THE SCENE WAS SAVAGE, BUT THE SCENE WAS NEW;
THIS MADE THE CEASELESS TOIL OF TRAVEL SWEET”
Lord Byron
Think of Albania as a beautiful sonnet, that begins with a traveller’s questioning the unknown that awaits before him, upon setting foot in one of Europe’s smallest countries and ends with his amazement of finding a divine harmony between the wilderness of the mountains and the peaceful view of a crystal blue coastline, between a history as ancient as the continent itself and a thriving new population embracing the modern, between roman ruins and beautiful contemporary architecture.
Albania’s location in the south-eastern part of Europe favours a Mediterranean mild climate of 300 sunny days, which allows for a joyful exploration of the country and its neighbouring Greece, Montenegro and Italy (separated by sea). Its natural wild beauty, its unique history, the rich culinary tradition and the generosity and vitality of its people, make Albania an unforgettable experience and for many, a never- ending love story.
Tourists and international media who have had a chance to visit, praise Albania as the hidden gem of Europe, a land of treasures, including 4 UNESCO World Heritage Sites, one of the most ancient lakes in the world, 45% of Europe’s fauna, beautiful valleys, canyons and caves and magnificent Riviera of golden and white beaches lapped by turquoise waters of Adriatic and Ionian Sea.
Today, Albania’s image as a tourism destination, in markets such as the UK, USA, Germany, Italy, Benelux and Northern Europe, is highly reputable and associated with affordable exclusivity, intriguing food, cultural experiences, undiscovered wild life and UNESCO World Heritage sites.
Over the past six years, Albania recorded an increase of 56% in the number of visitors. According to the Government estimations, this number is expected to increase up to 10,000,000 tourists over the next five years:
- Albania has a favorable business climate with low taxes and a low cost of living compared to most of Europe.
- Albania has lower prices on property purchase even compared to the neighboring countries: 56% lower than Greece, 50% lower than Montenegro, 60% lower than Croatia and 75% lower than Italy.
- Albania has a favorable business climate with low taxes and a low cost of living compared to most of Europe.
- Property prices have increased gradually approximately by 20 per cent for the past five years, and are expected to increase further
Reasons why to invest in Green Coast Resort
1.Strategic location
Green Coast Resort is built in Palasa, a strategic and one of the best locations in Albanian Riviera, known for its rare and beautiful natural landscape, displaying a harmonious panel of mountains, sea and greenery, pleasing anyone with all four seasons’ flavors.
Palasa is located very close to Vlora city, which very soon will have an international airport that will facilitate the access, in addition to its naval port. Palasa is well known for its proximity with different attraction sites including UNESCO Heritages sites such as: the National Park of Butrint, The Museum City of Gjirokastra, City of Berat. It is also close to different landscapes and protected areas such as Canyon of Gjipe, Blue Eye Spring, Llogara national park, Dafina Underwater Cane, Pirates cave or Borsh Spring. Palasa is also known as “Caesar’s Path”, defined also in the Roman epic poem of Lucan, “Pharsalia”.
2. High quality of construction
The first large-scale residence project with a high quality to be constructed in the astonishing bay of Palase, Green Coast Resort, boasts one of the most magnificent architectural designs in the region, facing the breathtaking views of the Ionian Sea. Italian architecture Iraci Studio and A.N.Tombasiz & Associates Architects – Greek Architectural Studio, are bringing in Green Coast Resort their best international experience in different projects worldwide.
3. Safe investment
Balfin Group is the largest and most inno- vative investment group in Albania and one of the largest in region, an important fact to guarantee every client that purchas-
ing a property build by the group is a safe and secure investment. Green Coast Resort is the largest and most important project of Balfin Group, with an investment value of EUR 100,000,000.00.
Green Coast is considered one of the most important investments in the Albanian tour-ism, impacting not only the local’s economic growth, but the country’s economy as well. Green Coast Project has obtained all the required development permissions, autho- rized by the Council of Ministers and local authorities. Due to its significant contribution in the tourism industry of the country in July 2016, to Green Coast was granted the title “Strategic Investor with Special Procedure.”
4. Property Price Increase
Based on the Group’s long experience in the real estate and tourism sector, it is expected an increase on property prices every year, Also, the area development will
affect the increase on property value and the return on investment rate. Increase of the value of the property in a few years and a quick return on investment. That’s why, we consider now is the best time to purchase a property in Green Coast Resort, as later the prices will go up quickly.
5. Smart investment with quick return
For those looking to make an invest-ment in the growing holiday and/or property market in Albania, Green Coast Resort offers investment opportunities services to its current and future clients, local and international ones like: Renting Program and Property Share, by choos-ing their property based on typology, total surface or property value.
Renting Program – All the residents of Green Coast Resort can be part of this program, which will be supported by an exceptional and dedicated team, committed to provide a great accom- modation experience and property maintenance to its clients and visitors.
The Property Management program has a high-rate investment return starting at a minimum of 3% in the first few years up to 10% per year after 2020.
Property Share is a form of purchase borrowed from the best European examples where 2 or more co-owners invest in a property at Green Coast with different quotas over the property price. The rights and obligations of the co-owners stem and are upheld based on the investment quota. Each investor/owner acquires the title of ownership over the unit in proportion to his or her investment quota.
6. Property Management and Maintanance
The management of the resort is expected to be a 5-stars standard level, to ensure a quite and secure living due to security system with private guard and camera 24/7,
maintanance, cleaning and common spaces greenery, etc. The management and maintenance of the re- sort will be made by a consolidated company with a long experience in the Albanian market, different from the construction company.
7. A social haven and recreational activities
When you think of Green Coast Resort, think of a beautiful little space of happiness, where your well-being is valued the most. The resort is a social haven, with a finely-designed prom- enade along the beach, a large amphitheater reserved for shows and movie projections, various bars, traditional and gourmet restau-rants will enrich the nightlife experience.
Green Coast Resort contains some spaces reserved to sport activities, volleyball and basketball court, the playground or the park for children. Residents can enjoy many water activities such as snorkeling, diving, canoeing, para-gliding, sailing and fishing, and also can have a great skydiving and hiking experience.
Part of Green Coast Resort will be an inter- national 5 stars branded hotel, which will be active all year-round, by providing a high quality service and ensuring a comfortable, relaxed and healthy living, as premium living standards require.
Our customized Butler Service caters to the needs of each resident, whether he/she is staying at the resort, or is away from home.
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