To create an authentic, low-density seaside town in Albania that blends modern comfort, local culture, and nature — offering year-round living, tourism, and sustainable investment growth.
Current Status
Land area: 31 hectares (fully owned and master-planned)
Total buildable area: 60,000 m²
Phase 1: 5,000 m² (ready for implementation)
Permits: Final building permits obtained for entire development
Location: Zvërnec, 10 minutes from Vlora, within Narta National Park
ROI projection: up to 296% over 5 years
Project stage: Design completed, permits secured, investor onboarding in progress
Market
Targeting high-income international buyers, lifestyle investors, and eco-luxury tourists seeking authentic experiences in the Mediterranean region.
The Albanian Riviera is one of Europe’s fastest-growing tourism markets, supported by new infrastructure such as the Vlora International Airport (opened 2025).
Problem or Opportunity
Albania’s southern coast is rapidly developing but still lacks high-quality, low-density residential and hospitality projects.
Opportunity: To establish a landmark, eco-luxury destination in a protected natural area near Vlora — combining strong tourism growth with long-term real estate value.
Competitors
The Albanian Riviera is emerging as a new luxury destination with few direct competitors.
Most coastal projects focus on high-density resorts, while ZVËRNEC Development offers a unique low-density, eco-luxury community model — combining exclusivity, authenticity, and long-term value.
Advantages or differentiators
Final building permits already secured for the entire 60,000 m² project
Prime location within protected Narta National Park, 10 minutes from Vlora
Low-density, sustainable design ensuring exclusivity and long-term value
Backed by strategic infrastructure investments (new Vlora Airport, 2025)
Multiple revenue streams: residences, hotel, beach club, retail, and services
Finance
Revenue Streams:
Sale of residential units and villas
Boutique hotel operations and rentals
Beach club, restaurants, and retail leases
Long-term property management and service fees
Cost Structure:
Land development and construction
Marketing and sales operations
Infrastructure and utilities
Administration and project management
Loan terms
60 months
Interest rate, %
15
Business model
Business Model:
Mixed-use development generating revenue from property sales, hospitality operations, and recurring services.
Sales Channels:
Direct international sales, partnerships with luxury real estate agencies, online platforms, and investment networks.
Key Metrics:
ROI up to 296% over 5 years
5,000 m² in Phase 1 (ready to launch)
Average selling price: €4,720/m²
Total project profit: €202 million
Solution (product or service)
Develop a sustainable, low-density seaside town that integrates boutique hospitality, private residences, and nature — offering investors long-term value and stable year-round returns.
