Are apartments in Durres Marina being bought by people who want to launder dirty money?

2026-05-13 23:49:10Pikëpamje SHKRUAR NGA OLA XAMA
Durres Marina Project

And an arithmetic exercise for Durrës Marina:

If you look at the business plan that the investor company itself (Eagle Hills Real Estate Development) has submitted to the Albanian authorities, you see that the sales price of the apartments in the first year is 1500 euros/m2. After 20 years, when the project is planned to be completed, the sales price reaches 2185 euros/m2.

This is the value that the company itself believes the units in that project will cost.

If someone decides to buy a 100 m2 apartment in the first year at a price of 1500 euros/m2, they will pay 150 thousand euros. If they sell this unit after 20 years, according to the prices estimated by the company, they will sell it for 2185 euros/m2 and receive 218,500 euros. In the end, they earn 68,500 euros.

If the same amount were invested in bonds that currently have an interest rate of 4.72%, it would be worth 291,600 euros at the end of the 20-year period. The net profit would be 141,600 euros, twice the investment in purchasing the apartment.

The question that arises is this:

Who has an interest in choosing to buy an apartment in a high-risk project, which is not known when it will be completed and which may have technical problems, when there is a bank door closer that gives you the opportunity to earn twice as much?

Personally, I wouldn't choose this investment. I would only choose it if I had dirty money, which I couldn't take to the bank, but could make transfers from Dubai, with a company based there that operates in Albania!


Video