Properties features in Albania
Frequently asked questions about apartments in Albania
In which regions of Albania is it possible to buy a profitable apartment?
For an investment it is better to choose Durres, Vlora and Saranda. These are the most popular regions of the country offering a developed infrastructure, comfortable resort areas and a wide range of comfortable real estate at affordable prices. If you buy an apartment in Albania by the sea in these locations, it can be used for personal residence, or to rent out to tourists, earning a good income.
What are the conditions for foreigners when buying an apartment in Albania?
For the purchase of housing from 10 thousand dollars a foreigner gets a residence permit. There is no tax on the purchase of square meters.However, foreigners need to pay a registration and notary fee - not more than 530 euros. If a non-resident wants to buy an apartment in Albania in a new building, you must also pay a municipal fee - from 0.1 to 2.5% of the cadastral cost of the apartment in Albania.
What are the main advantages for foreign investors from the purchase of an apartment in Albania?
The Albanian real estate market is one of the most promising. The cost of apartments in Albania has only begun to grow in recent years. This makes it possible to buy them now at affordable prices to resell them later at a profit.
