Currently, Albania is a great opportunity for real estate investment. It has an excellent geographical location, a long coastline on the Adriatic and Ionian Seas, which makes coastal real estate unique. And the proximity to European capitals is another factor for successful investments.
Residential real estate in Albania is still cheaper than in other European countries, despite the rise in prices in 2020. In short, now is the best time to buy an apartment or villa in this country.
In general, the Albanian real estate market, with the exception of a few coastal towns and villages, is focused on Albanian citizens and Albanians who live in other countries. And foreign citizens who are looking for commercial real estate tend to rent premises rather than buy.
The most attractive places for investment are the cities of Saranda, Gjirokastra, Qeparo, Himara, Vlora. These are coastal cities, real estate in which is not as expensive as on other coasts of the seas washed by Albania. Albania offers great opportunities at a lower price than other countries in the Mediterranean region.
Real estate in Tirana, Durres, Shkodra and Korca is mainly of interest to students and foreigners who work in Albania. Incidentally, realtors have recently noticed a growing trend of buyers of secondary housing. Many invest money in such housing and rent it out, as there are profitable ways to monetize investments.
As for real estate itself, in Albania you can buy charming historical buildings can be found in any corner of the country at affordable prices. The only thing is that many objects need restoration. Such real estate is offered by Kruja, Shkodra, Korca and Durres, as well as the northern regions of Albania: Kelmenda, Theth and Valbona.
An excellent option would also be to invest in the countryside. Moreover, the Albanian authorities recently came up with the “100 villages” initiative, which offers not only real estate, but also citrus plantations, olive groves and vineyards.
Property on the waterfront is popular among tourists. One of the areas with cheap real estate is the city of Durres, which the Albanians themselves call the Albanian version of Florida. The list of the best coastal areas includes Velipoja, Orikum, Spille, Qerret, Golem.
Lead agency Albanian century sells and rents Albanian real estate for the 11th year. We provide professional legal services, we also employ experienced professional translators of the Ministry of Justice.
We offer you a helping hand in a difficult choice, advice, useful information and many options!
We stick to the alternative — the price — quality ratio must be the BEST!
- informal approach to the choice of real estate;
- complete decoration of apartments according to any of the selected options — economy, middle and luxury class;
- we always have extra offers at below market prices;
- in case of buying our real estate, the client receives a free transfer, three-day accommodation in an apartment and inspection of real estate in Durres and in other cities (by agreement with the manager), airport transfer;
- we provide assistance in obtaining a residence permit.
Also, our agency provides all the services necessary for furnishing and fulfilling any of your orders, including plumbing and electrical work. For more information, please call: (Telegram, Viber, WhatsApp) +355 69 517-31-01.