Trump Family’s Land Deals in South Albania $1.4 Bilion
The Albanian government has granted preliminary approval for a $1.4 billion luxury hotel and resort development proposed by Jared Kushner, Donald Trump’s son-in-law.
The project is set to transform an abandoned military base located off the coast near Saranda, a rising hub for real estate investment in Albania. This high-profile development is among several real estate ventures involving Trump’s extended family and foreign governments—raising questions as Trump remains actively involved in foreign policy decisions concerning these same nations.
Albanian Government Approves Kushner’s Resort Plans on Sazan Island
The approval by Albania’s Strategic Investment Committee—chaired by Prime Minister Edi Rama—grants Jared Kushner and his business partners the green light to proceed with fast-tracked negotiations for a luxury resort development on a 1,400-acre section of Sazan Island. The island, located off the coast near Saranda, will be connected to the mainland via ferry, making it a prime destination for high-end tourism and real estate investment in South Albania.
While Kushner and the Albanian government have not responded to recent inquiries, both parties previously stated that the project’s evaluation process remains independent of Kushner’s ties to Donald Trump or any political considerations involving the U.S. government. “The fact that such a renowned American entrepreneur is showing interest in investing in Albania’s real estate sector makes us very proud and happy,” a spokesperson for Prime Minister Rama told The New York Times last year.
Kushner’s $1.4 Billion Eco-Resort Plans Advance Amid Strategic Approvals
Kushner’s Affinity Partners, a private equity company backed with about $4.6 billion—mostly from Saudi Arabia and other Middle Eastern sovereign wealth funds—is spearheading a landmark real estate development in Saranda in collaboration with Asher Abehsera, a seasoned real estate executive with whom Kushner has worked on projects in New York City.
The Albanian government, according to an official document recently published online, will now partner with their American counterparts to clear the proposed Saranda hotel and eco-resort site of any potential buried munitions and assess environmental or legal concerns before construction begins.
The document, dated December 30, also notes that the government “has the right to revoke the decision” depending on final negotiations. According to Kushner’s firm, the vision is to transform a former military base into a five-star eco-resort community in South Albania, promoting wellness and high-end tourism in the region. Ivanka Trump has also confirmed her involvement, stating in a podcast, “We will execute on it.” This initiative is one of two major international real estate investments Kushner is currently pursuing that involve direct collaboration with foreign governments.
