BC Albania

completed

The project is to design and construct the following two real estate developments in the wider Tirana area: - in Lundra a complex of 22,000 m2 consisting of 26 town houses and 70 apartments along with commercial and retail space, and- in the Curilla coastal area next to Durres, a complex of 33,000 m2 similar in design to the one of Lundra. - In addition the project envisages financing BC’s principal activities of acquiring a Land Bank (investment properties not developed) to develop and provide quality serviced residential, commercial and/or mixed accommodation for customers.The operations of the project consist in the construction of the aforementioned, sale of finished properties, and the rental of some of the commercial ones. The first part of the construction is the infrastructure within the property, consisting of roads, pipes for water, sewage and utilities. This will be followed by groundbreaking and basement construction, then vertical construction in parallel on all buildings. The two phase project will be implemented over a three year period.