Why Albania?

• Fast-growing Balkan economy with improving infrastructure

• Attractive pricing compared to EU neighbors

• Stunning coastline on the Adriatic and Ionian seas

• Emerging tourism, agribusiness, and urban rental markets

• Citizenship-by-investment option starting at around €250,000

Can Foreigners Buy Property in Albania?

Yes — non-Albanian individuals and companies can freely purchase apartments, houses, and commercial real estate.

• No restrictions on ownership of land or buildings

• Full legal protections, registration with the Immovable Property Registration Office

Residency & Permit Programs 2025

• Residence Permit: Available through employment, business, real estate or pensions

• Citizenship by Investment: For minimum investment of around €250,000 in real estate — includes spouse and children

• Property ownership alone does not automatically grant residency, but can help in demonstrating ties for permit applications

Legal Process of Buying Property

1. Obtain Tax Identification Number (NIPT) and open a local bank account

2. Hire a local notary or legal advisor

3. Sign a preliminary agreement and pay deposit (~10%)

4. Conduct due diligence – land registry check, zoning rules, encumbrances

5. Finalize sale with a notarial contract in front of a notary

6. Register the deed with the National Cadastral Agency

7. Pay all taxes, notary and legal fees

Taxes & Fees

• Transfer Tax: 2%–4% of purchase price, depending on region

• Notary & Legal Fees: 1%–1.5% combined

• Agent Fees: Typically around 2%, negotiable

• Annual Property Tax: Flat rate 0.05%–0.1% of assessed value

• Capital Gains Tax: 15% on profit (exempt if held >5 years)

• Rental Income Tax: 15% flat on net rental income

Mortgage Availability for Foreigners

• Albanian banks may lend to non-residents—preference to local income or employment

• Loan-to-Value (LTV): typically 60%–70%

• Interest Rates (2025): around 7%–9%, depending on borrower profile

• Higher down payments or local guarantees may be required

Is Albania Right for You?

✅ Ideal for:

• Investors seeking coastal holiday rentals or short-lets

• Budget-conscious investors looking for capital appreciation

• Expats or retirees aiming for rising Balkan real estate

• Those pursuing citizenship via property investment

❌ Less ideal for:

• Buyers expecting EU-level property regulation or services

• Individuals seeking quick visa or residency through purchase alone

• Flippers expecting rapid resale—market remains emergent and modestly paced

Top Places to Buy in Albania (2025)

Tirana (Blloku, Komuna e Parisit, Don Bosko)

• Capital and commercial center with growing expat rental demand

• Yields: ~4%–6%; rising property values

Durres & Vlora (Coastal cities)

• Popular with tourists, strong seasonal rental opportunities

• Yields: 6%–9%; growing demand for holiday apartments

Sarandë & Himarë (Southern Riviera)

• Picturesque towns near Greek border; high short-let potential

• Yields: 8%–12% in peak season

Korca & Shkodra

• Inland regional towns with student and local rental opportunities

• Yields: 5%–7% depending on area

Rental Yield & ROI Overview

Trends in 2025

• Coastal development surging due to tourism and foreign investment

• Tirana expanding with high-rise residential and modern apartment blocks

• Citizenship-by-investment fueling interest in quality builds

• Infrastructure upgrades: highways, airports, utilities supporting national accessibility

Common Mistakes to Avoid

• Skipping full title search and registry check

• Underestimating renovation or translation costs

• Overlooking seasonal rental market fluctuations

• Assuming immediate EU-standard services; local bureaucracy may differ

• Counting on property alone for residency or citizenship—be prepared for legal steps

Conclusion

Albania offers an emerging, high-potential real estate market with affordable entry, strong coastal yields, and a citizenship-by-investment route. With prudent location choices, legal support, and realistic yield expectations, it’s a compelling option for investors aiming for growth and Mediterranean appeal in 2025.