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Balkanalysis.com Briefing with Lalzit Bay Resort & Spa, March 2011

Skopje, Macedonia– On March 15, 2011 Balkanalysis.com Director Chris Deliso conducted a briefing with a UK-based luxury property development team, led by Sales Director Ravin Maharajah.

Representing the in-construction Lalzit Bay Resort and Spa, located on a previously unknown sheltered, sandy bay north of Durres in Albania, the team was visiting Macedonia as part of a regional tour building awareness about the project and the exclusive luxury apartments and suites that are now being reserved by future buyers.

Through conversation and a video presentation of the project, the development team made the case for Lalzit Bay as an unknown gem located in the increasingly popular destination of Albania,  for numerous interested buyers in Skopje (and, a day earlier, in the western town of Gostivar as well).

In the briefing, Mr Maharajah discussed the history of the project, emphasizing the helpfulness of the Albanian government in green-lighting the development, while also providing insight into the project’s core financing, target buyers, legal and environmental issues, and the factors that have gone into a noticeable improvement in Albania’s perceived desirability as a vacation or second-home destination internationally.

Lalzit Bay Resort and Spa is planned to be a five-star resort village on one of Albania’s last completely untouched beach areas. Designed by renowned international architects WoodsBagot, the gated, secure resort is characterized by the harmonious relation between structures and open spaces, and will feature a variety of top-shelf amenities in the hotel, spa, and activities.

Situated some 30km north of the city of Durres, it is close to Tirana’s international airport and easily accessible by both local and international visitors. Already, 10 of the 20 planned suites and villas (ranging in price from 29-72,000 euros)  have been reserved.

Balkanalysis.com is an American research and analysis firm that provides dedicated coverage of the Balkan and Eastern Mediterranean regions, in areas ranging from politics and security to economics and culture. It draws on the expertise of its broad network of field analysts and reporters representing a number of various countries and professional backgrounds.

Balkanalysis Briefings is a regular series in which correspondents of Balkanalysis.com, sometimes in affiliation with partner organizations, engage with representatives of companies, governmental institutions, non-governmental groups and other organizations professionally involved with the Balkan and Mediterranean regions in order to gain insight into issues, trends and other factors affecting present and future developments in the area. This process contributes to better analytical and prognostic research, allowing Balkanalysis.com to better serve its readers, while also providing Briefings partners an opportunity to make their products, services and goals better and more clearly known among those most actively involved with the region.

For more information on how to arrange a briefing with Balkanalysis.com for your firm, institution or other organization, please contact us directly.

 

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