Reality pro investory

Baks Bay

Shengjin

from €138,736

Description

The Baks Bay project is a large residential resort located on the northern coast of Albania near the town of Velipojë. The complex spans 150 hectares right on the Adriatic Sea, combines private apartments with hotel infrastructure, and is designed with no surface car traffic.

🔑 Key parameters

  • Layout: Studios and 1- to 4-bedroom apartments (39 to 207 m²)

  • Property type: Residential resort

  • Building status: Construction just starting

  • Distance from the sea: First line (direct access to a private beach)

  • Rental management: Professional property management (net-yield split 80/20 in the owner's favor)

  • Facilities: 5* Meliá hotel, pools, fitness, sports facilities, wellness, commercial zones

🏗️ Detailed project description
The resort is designed as a standalone seaside district spanning 1.1 kilometers of its own coastline and 300,000 m² of green space. Each residential block has its own reception, a landscaped inner courtyard, a pool, a fitness center, and a playground. The apartments themselves come with a Smart Home system, air conditioning, and enhanced thermal and sound insulation. The whole complex also includes the five-star Meliá hotel, restaurants, cafés, shops, and a coastal promenade. Apartment owners are guaranteed access to the private beach, access to the sports facilities, and discounted prices on selected resort services.

📍 Location and amenities
The project is located on Albania's northern coast, near the town of Velipojë. The grounds function as a fully self-sufficient resort, providing all necessary amenities, sports, and recreation right on site. The entire resort is designed as a pedestrian zone with no car traffic.

  • Rental program: If you're not using the apartment yourself, it can be enrolled in a fully managed rental program. Net rental profit is split 80% to the owner and 20% to the operator.

Location

Available units (3)

UnitLayoutAreaFloorPriceFloor plan
24-E132+183.54 m²1€230,236
24-E232+183.57 m²2€239,532
24-F27Studio53.36 m²2€138,736

Payment terms

Option 1 – payments tied to construction progress - 10% upon signing the contract, - then 4 payments of 20% each, tied to the individual construction stages, - the final 10% upon handover of the property. Option 2 - 60% upon signing the contract, - 40% upon apartment handover.