Buy-to-Let Investment Properties in TiranaLively capital of cafés, color andrising housing demand

Buy Real Estate in Tirana

Tirana: Albania’s Capital at the Center of Urban and Investment Growth

Tirana, the capital and largest city of Albania, is rapidly transforming into a key real estate destination in Southeast Europe. As the country’s political, economic, and cultural center, Tirana attracts a growing middle class, returning diaspora, expats, and institutional investors. With a booming construction sector, improving infrastructure, and relatively low entry prices, the city offers strong opportunities across residential, commercial, and mixed-use real estate.

Types of Real Estate Available

Tirana’s property market is highly dynamic. Residential options include newly built apartments in modern complexes, renovated older flats, and standalone houses in suburban areas. High-demand neighborhoods such as Blloku, Komuna e Parisit, and the area around the Grand Park offer luxury apartments, often with concierge services, underground parking, and rooftop views.

In contrast, districts like Astir or Fresku provide more affordable options, attracting first-time buyers and long-term renters. The villa market is concentrated in suburban areas like Farka, Sauk, and Lundër, appealing to families and wealthier Albanians.

Commercial real estate includes office towers, co-working spaces, retail units in central shopping zones, and increasingly, mixed-use developments combining residential, hotel, and commercial functions. Demand is also growing for student housing and short-term rental apartments due to Tirana’s multiple universities and international mobility.

Legal Framework and Ownership Rules

Albania allows foreigners to purchase real estate without restrictions, except for direct ownership of agricultural land (which requires forming a local company). Urban apartments, offices, and villas can be acquired by non-residents as private individuals. The purchase process includes a due diligence review of property documentation, a notarized sales contract, and official registration in the Real Estate Registry (Zyra e Regjistrimit të Pasurive të Paluajtshme).

Total acquisition costs typically range from 3% to 6% of the property value, including legal fees, notary charges, and registration costs. Property taxes are low compared to other European countries. VelesClub Int. ensures all transactions are legally secure and provides full legal support for both private and company-based acquisitions.