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
of housing in Albania

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.

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Taxes and associated costs

Purchase

Ownership

Sale

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.

€230—530
+ 0—3.5% Of the contract value are related costs for the purchase of housing in Albania

Purchase expenses

Registration fee	€80
Notary fee	€150—450
For new buildings
Municipal fee	0.1—2.5% Depending on the region
Real estate insurance	1% Of the transaction amount

Taxes

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

Rental income is taxed at 15% in Albania.

€804 Approximate annual costs for
maintenance of an apartment

Communal payments

Electricity, gas, water, heating, and garbage collection

€48—123

per month

Internet, TV and telephone

€12—24

per month

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

15% Capital gains tax on the sale of
real estate in Albania

Expenses on the sale

Capital gains tax

Paid on the difference between the sale and purchase prices

15%

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:

obtain an Albania residence permit;
resell a liquid asset for profit;
get additional income when renting out the property.

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.

Real estate investment in Albania

Cost of a 3-bedroom apartment in Albania

Albania residence permit or citizenship by real estate investment

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Get a real estate market analysis of all European countries

Taxes and associated costs

Registration fee

€80

Notary fee

€150—450

For new buildings

Municipal fee

0.1—2.5%

Real estate insurance

1%