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Balfin Development began its journey in 2002 as Mane TCI (Trade, Construction, Investment) and evolved in 2022 into an investment company that develops and manages some of the most prestigious residential, tourism, industrial, and commercial real estate projects across Albania. It has set new market standards by significantly enhancing community lifestyles through projects such as Green Coast Resort & Residences, Vala Mar Residences, Rolling Hills Luxury Residences, Vlora Marina, Univers City, and more. Balfin Development also revitalizes underused areas, transforming them into self-sustaining communities with public parks, recreational spaces, and educational facilities. Our company goes beyond construction, crafting sustainable, elevated lifestyles, and reshaping the perception of urban living.
Green Coast is an investing company dedicated to developing and managing premium tourism and residential assets along Albania’s Ionian Riviera. As a key player in the region’s upscale real estate and hospitality landscape, Green Coast combines visionary development with long-term value creation, offering discerning investors and residents a unique blend of natural beauty, architectural excellence, and high-end services.
The company’s flagship destination includes exclusive villas, a vibrant beachfront promenade, Galeria by TEG, and Albania’s first Blue Flag-certified beach, setting a new benchmark for coastal living in the region. Continuing its growth trajectory, Green Coast has expanded its portfolio with the introduction of the Green Coast Hotel – MGallery Collection by Accor, complemented by a curated selection of dining, wellness, and entertainment experiences.
Skopje East Gate is the visionary company behind North Macedonia’s first integrated mixed-use project, Skopje East Gate. Combining East Gate Mall, East Gate Living residential complex, and East Gate Business offices, the development delivers a 360- degree urban lifestyle. The project transforms the heart of Skopje with modern retail, residential, and business spaces, reflecting BALFIN Group’s commitment to shaping vibrant, future-ready city environments across the Western Balkans.
Founded in 2023, Balfin Americas is making significant strides in the U.S. real estate market through strategic investments. The company’s portfolio includes 4 key projects, including a prestigious commercial property in New Jersey, along with several impactful developments focused on sustainability and community growth. These projects prioritize affordable housing, local economic development, and high-quality living spaces. With a commitment to thoughtful design and community-oriented planning, Balfin Americas aims to drive long-term value and contribute to the revitalization of key urban neighborhoods.
Founded in 2018, Balfin Austria focuses on real estate investments that combine distinctive architectural design with the highest quality standards. Operating through its subsidiaries, Balfin Austria has developed six projects, each aligned with European sustainability benchmarks, embodying BALFIN Group’s commitment to innovation, responsibility, and excellence at the heart of Europe.
Balfin Canada marks BALFIN Group’s strategic entry into the Canadian real estate market by delivering high-quality residential solutions tailored to local needs. Upholding its core values of innovation, quality, and sustainable growth, the company is making its mark with its first project in Vancouver and a second development underway in Langley City. In collaboration with experienced local developers, Balfin Canada reflects the Group’s commitment to excellence and long-term value creation, reinforcing its vision to grow and strengthen its presence in North America.
With over two decades of expertise, Balfin Construction is one of Albania’s leading forces in modern construction, having delivered high-quality residential, commercial, industrial, and touristic projects. The company is recognized for managing projects of varying complexity, combining functionality, innovation, and architectural excellence.
Completed signature projects such as Green Coast, Vala Mar Residences, Rolling Hills Luxury Residences, QTU, and TEG showcase the company’s commitment to quality.
Founded in 2018, Balfin Real Estate is a leading provider of integrated real estate services, supporting clients across the full property lifecycle. With a portfolio of 25 managed projects and an elite portfolio of premium properties valued at €1.3 billion, the company has achieved an impressive annual sell-out of approximately €170 million in 2024. Balfin Real Estate delivers comprehensive solutions in sales, marketing, property advisory, and customer relationship management, ensuring excellence at every stage of the process. Operating in Albania, Kosovo, North Macedonia, Switzerland, Austria, and soon expanding to the United States, the company is rapidly extending its international footprint. With 37 partnerships with international agencies, Balfin Real Estate combines global expertise with a strong focus on innovation, client satisfaction, and long-term value creation.
Green Coast, located on the breathtaking Ionian coastline, is BALFIN’s flagship investment in Albania’s tourism sector.
This upscale development offers premium residential and touristic facilities alongside a beautiful beachfront promenade. The project includes a variety of amenities, restaurants, a shopping mall, sports centers, and a health facility.
With Albania’s first and only
Blue Flag Beach, Green Coast combines modern living with nature’s serenity for a one-of-a-kind experience.
Nestled amidst the greenery of the Hamallaj area, Vala Mar Residences is a fully sold residential complex that has been the premier destination in the Adriatic for several years. Proximity to the main residential centers allows residents of Vala Mar Residences to enjoy their living not only during the summer or holiday season, but every day of the week. With a total
construction area of 67,000 m2 and a total investment value of €40 million, it is a recreational destination for individuals and families.
Vlora Marina is a unique mixed-use urban development located in the heart of Vlora. It features 800 premium apartments
offering stunning views of the sea, marina, and mountains, as well as the first world-class marina in the region.
The project also includes two internationally acclaimed hotels, including the first 5-star Marriott Hotel on the Albanian coast,
along with 150 branded residences and luxurious amenities. Designed by the renowned Belgian firm XDGA, Vlora Marina
seamlessly blends Mediterranean tradition with modern design.
This project is the first in Albania to receive the global EDGE certification for residential complexes with a mixed urban format.
Located in Farka, Albania, Rolling Hills Luxury Residences is the country’s first exclusive villa complex, offering a premium and
secure living environment immersed in nature. With an investment of €100 million, the project sets a new standard for luxury
living, blending elegant design with breathtaking surroundings. Each villa is meticulously crafted to harmonize with the landscape, featuring panoramic views of Petrela Castle, Mount Dajti, and the surrounding greenery. Following the success of the
initial phase, Rolling Hills 2 continues the legacy with neoclassical style villas that emphasize comfort, privacy, and uninterrupted natural vistas, just 8 km from Tirana’s city center.
Rolling Hills Liqeni is a distinctive lakeside residential development offering luxurious villas and apartments set against the
picturesque hills of Farka. Each home is designed to maximize breathtaking lake views and tailored to individual preferences.
Designed as a contemporary residential community, Rolling Hills Liqeni features upscale villas and apartments, a central Piazza
with all essential services, and a recreational park with spaces for relaxation, entertainment, and elevating residents’ lifestyle.
With direct access to Farka Lake’s scenic ‘Lungolago’ and proximity to major roads, Rolling Hills Liqeni combines serene living
with easy access to Tirana’s vibrant city center.
Univers City is a modern residential and business complex in Tirana, designed to meet the diverse needs of its residents. Located just minutes from key areas such as QTU and Skanderbeg Square, the development spans 444,000 m². It features 7–9 story residential buildings, sports facilities, a school, kindergarten, health center, and expansive green spaces. With over 113,730 m² of underground space, this multi-functional complex blends living, working, and leisure, creating a dynamic community for both individuals and businesses.
Typology: Residential & Business Complex
Investment: €292 million
Construction area: 450,291 m²
Effinger is a new development in the heart of Vienna, designed as a modern residential complex for middle-market segments.
With an investment value of €23 million the project aims to offer functional and affordable living units for families and buyers
seeking a balanced lifestyle. Its prime location is in a peaceful, family-friendly area with excellent transport connections ensuring
convenience, while maintaining a high standard of living.
Luv & Lee is a luxury residential complex located near the picturesque Traunsee Lake in Gmunden, Austria. With an investment
value of €6,8 million this project offers modern living spaces with stunning lake views and a serene environment. Designed for
those seeking elegance and comfort, Luv & Lee combines contemporary architecture with the beauty of nature. As Balfin Austria’s first completed project, it marks the beginning of a successful series of luxury investments in the attractive Gmunden tourist area.
Located in the prestigious 19th district of Vienna, one of the city’s most sought-after residential areas, Green Hill Suites offers an
exceptional living experience. This luxurious, gated community is nestled amidst lush greenery, providing residents with stunning views of the city. With a total net floor area (NFA) of 953 m², Green Hill Suites has been recognized by leading real estate companies as one of the most high-quality developments in Vienna for 2024. The project, with an investment of €9.8 million,
epitomizes sophistication and modern living.
ANDEA – Parkside Residences is a residential building located in the heart of Vienna, between the historic center and one of the main public transport hubs. An elegant blend of residential apartments and Class A office spaces, ANDEA embodies Balfin
Austria’s vision for transforming existing buildings into projects with a new identity. With a value of approximately €23.3 million the project represents a synthesis of classic elegance and modern urban functionality.
Nestled in the picturesque town of Gmunden, Bright Side is a luxurious vacation home offering breathtaking views of Lake Traunsee. This exceptional residence, with an investment of €9.8 million is perched atop Sunny Hill, providing a private and serene escape, overlooking the tranquil lake and charming town. Its perfect blend of comfort and natural beauty embodies the
essence of peaceful living in one of Austria’s most captivating destinations.
Riverside Forest Residences offers a harmonious blend of sustainable living and ecological design, perfectly situated by a serene lake amidst the lush forests of Gmunden in Upper Austria. With residences ideal for both permanent living and vacation homes, this project caters to those seeking tranquility and nature, without compromising access to urban amenities. With an investment of €10 million, Riverside Forest Residences promises a refined lifestyle in an idyllic natural setting.
East Gate Living elevates contemporary living within the Skopje East Gate development, North Macedonia’s first mixed-use
project. With 10 residential blocks with 672 residential units it harmonizes expansive green areas, cutting edge amenities, and
walkable spaces. Located just 15 minutes from Skopje Airport, 10 minutes from the city center and 5 minutes from the University Campus, East Gate Living offers a refined urban lifestyle, where innovation, convenience, and luxury seamlessly intersect
599 Tinton Avenue is a transformative residential development in Bronx, New York, focused on affordability and community wellbeing. The project comprises 51 affordable housing units, a dedicated Daycare on the ground floor to support local families.
Featuring a sustainable green roof, 599 Tinton Avenue represents a strong commitment to responsible development and
environmental stewardship, making it an essential asset for the community.
Located in Morristown, New Jersey, 340 Mount Kemble is a Class A office building that is home to some of the largest international financial institutions. With a total lot area of over 160,000 m², the building offers 40,000 m² of office space and a wide range of modern services, including a conference room, gym, game room, lounge, full-service café, and over 1,600 parking spaces. 340 Mount Kemble is a vibrant, innovative space designed to inspire creativity, collaboration, and productivity within a flourishing business community.
304 East 173rd Street adds 81 new affordable housing units to one of New York’s most in-demand areas. With construction underway, this development emphasizes sustainable, community-focused growth, providing high quality housing while
contributing to the Bronx’s ongoing revitalization. It represents a commitment to creating inclusive spaces for residents in a thriving urban environment.
112 East 167th Street is a dynamic, large-scale development that blends affordable housing with retail space in a single
structure. Featuring 168 apartments and approximately 15,000 square feet of commercial space, this project meets housing needs while fostering local economic growth. Strategically designed, it supports the long-term development of the area and provides essential services to the surrounding community.
W54 marks BALFIN Group’s first venture in Canada, strategically located on West 54th Avenue in Vancouver. Nestled in a serene
neighborhood just west of the Cambie Corridor, this exclusive development features 32 thoughtfully designed townhouse units.
With a total investment of approximately €33 million, W54 reflects Balfin’s commitment to expanding its international footprint.
Linwood 2 is a residential development located in the lively center of Langley City, within the Metro Vancouver area. Designed as
a sixstory wood-frame building, it will feature 114 wellappointed units that blend comfort and functionality. With a total
investment of approximately €37 million, the project highlights BALFIN Group’s strategic entry into the Canadian housing market,
reinforcing its commitment to sustainable and high-potential international investments.
Innovating the property experience across markets
BALFIN Group is a recognized leader in real estate development, management, and services, delivering high-quality projects across multiple sectors and markets. With a strong foundation in Albania and North Macedonia, and expanding presence in Austria, Switzerland, the United States, and Canada, the Group drives urban transformation through residential, commercial, mixed-use, hospitality, and tourism projects. From landmark destinations like Skopje East Gate and Green Coast Resort to international ventures such as Balfin Americas and Balfin Canada, BALFIN Group combines innovation, architectural excellence, and sustainability to shape vibrant communities. Through its construction and real estate services companies, the Group ensures full lifecycle expertise, from development to post-sale management, reinforcing its leadership and expanding its vision across regions and continents.
BALFIN Group is the most significant and successful investment group in the Western Balkans region.
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