Property Investment in Albania as a Foreigner

The sale of real estate to foreigners in Albania is not restricted: you can buy, lease and sell housing or commercial real estate.

The most expensive property in Albania is in the capital, Tirana.

€1,171

Average price per 1 m²

Cost of a 3-bedroom apartment in Albania

€500,000

Apartment in the centre of Tirana

€200,000

Apartment in Tirana, within a 10-minute drive from the city centre

€100,000

Apartment in Durres

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Individual selection of investment properties

  • Discuss your tasks and goals

  • Choose between properties from reliable developers

  • Get fully prepared and verified documents for a purchase

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Albania residence permit or citizenship by real estate investment

Buyers of properties of any value with an area more than 20 m² can get an Albania residence permit.

Discover real estate market trends in 41 European countries

Discover real estate market trends in 41 European countries

  • Master the residency process

  • Get expert tips and documents

  • Estimate costs accurately

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Taxes and associated costs

Purchase taxes

Property buyers pay registration and notary fees. When buying a new building, an additional municipal registration fee is paid, and the property is insured for 10 years.

The municipal fee is €3 to €10, depending on the region. In general, the associated costs range between 0% and 3.5% of the purchase agreement value and €230—530.

When buying a new apartment worth €200,000, the investor will spend €207,530, including additional costs.

Registration fee€80
Notary fee€150—450
For new buildings
Municipal fee0.1—2.5% — depending on the region
Real estate insurance1% — of the transaction amount

Ownership taxes

Property owners pay an annual tax of 0.05% of the cadastral value.

Rental income is taxed at 15% in Albania.

Electricity, gas, water, heating, and garbage collection€48—123 — per month
Internet, TV and telephone€12—24 — per month

Sale taxes

Real estate sellers pay a capital gains tax of 15% on the difference between the sale and purchase prices.

Countries to buy a property and get residency or citizenship

We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.

Country and status
Investments
Status
Time required
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Malta29 properties

€375,000+

Permanent residency

6+ months

Show 29 properties

€375,000+Permanent residency6+ months
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Grenada44 properties

$270,000+

Citizenship

8+ months

Show 44 properties

$270,000+Citizenship8+ months
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UAE158 properties

AED 750,000+

Residence permit

2+ months

Show 158 properties

AED 750,000+Residence permit2+ months
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Spain37 properties

Not limited

Residence permit

4+ months

Show 37 properties

Not limitedResidence permit4+ months
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Portugal62 properties

Not limited

Residency after D Visas

6+ months

Show 62 properties

Not limitedResidency after D Visas6+ months
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40+ guides with European countries

Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.

dk-flagProperty investment in Denmark: updated guide for foreign buyers in !year

Denmark limits real estate sales to foreigners: one must have a residence permit and live in the country for at least five years to buy...

€5,300

Average price per 1 m²

1.5%

Average price growth per quarter

hr-flagProperty Investment in Croatia as a Foreigner

To purchase a property in Croatia, one must get approval from the Minister of Justice. Foreigners can rent out real estate only through...

€3,400

Average price per 1 m²

2%

Average price growth per quarter

be-flagProperty Investment in Belgium as a Foreigner

Selling real estate to foreigners in Belgium is not limited: you can buy and sell housing and commercial real estate or rent it out....

€3,047

Average price per 1 m²

1,1%

Average price growth per quarter

Igor Buglo

Material prepared by Igor Buglo, Head of the Maltese office, MBA

Updated:

Frequently asked questions

  • Can foreigners buy property in Albania?

    Yes, the sale of real estate to foreigners is not limited: they have the right to buy property both in Tirana, the capital and in any other city in Albania. Objects can be bought and sold, as well as rented out.

  • Is Albania an excellent place to buy a property?

    Yes. Albania is a beautiful country that attracts tourists and residents with its pristine Adriatic Sea beaches and close proximity to the major European cities. By purchasing real estate in Albania, foreigners can:

  • Is real estate cheap or expensive in Albania?

    The cost of Albanian real estate depends on the type and location of the property. The highest real estate prices are in Tirana, the capital of Albania. The average cost of 1 m² of housing is €1,171.

  • How can I buy a flat in Albania?

    If you are a foreigner, you can freely contact any international real estate agency that sells Albanian property and choose a flat either in Tirana, the capital city, or any other part of the country.