Projects - Albania Real Estate

Narta Project

The Council of Property Regulation of the Vlora district has approved the design of a new project. On a 315 Ha parcel, a residential area and tourist complex, consisting of apartments, villas, golf course, marina, as well as luxury hotels, will be built. The parcel is located in Narta village, about 7 km northwest of Vlora, with an American � Albanian company, expected to lead the project. The Council of Property Regulation of the Vlora district has recently approved recently for transforming this property into a tourist/residential area. This approval will be followed by the development of a detailed project plan that has to be submitted within 1 month to continue with legal procedures and the next steps of the approval process, before actual construction can begin. Expected investment in the Narta shore has been specified in a meeting of KKRT of the district for outside developers in this area, in accordance with current standards of construction and tourism in Albania.

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