Real estate investment in Albania

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

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.

Taxes and associated costs

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Igor Buglo

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

Updated:
April 26, 2024

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.