Albania’s property market has gained attention from international buyers seeking more affordable opportunities in Europe.
But how much does property actually cost in Albania, and what factors influence pricing?
Property prices vary depending on location, type, and legal status. Coastal towns and Tirana generally command higher prices, while inland and rural regions remain more affordable.
Average Property Prices by Region
In 2025, average prices for apartments in Albania are:
Tirana: €1,200 – €2,000 per square meter in central areas; €900 – €1,200 in outer districts.
Saranda: €1,000 – €1,700 per square meter for sea-view apartments; lower for properties further from the coast.
Vlora: €900 – €1,500 per square meter near the beach; around €700 – €1,000 inland.
Durres: €800 – €1,300 per square meter close to the sea; €600 – €900 in suburban areas.
Shkodra: €500 – €800 per square meter for city apartments.
In smaller inland towns and rural areas, prices can range from €300 to €600 per square meter, depending on property condition and infrastructure.
Detached houses or villas generally range between €80,000 and €300,000, influenced by size, location, and proximity to tourist areas.
Land Prices
Land values also vary:
Urban building plots typically range from €100 to €500 per square meter.
Coastal development land can range from €150 to €800 per square meter, depending on access and zoning.
Rural or agricultural land may be as low as €1 to €10 per square meter, though foreign individuals must establish an Albanian company to directly own agricultural land.
Factors Influencing Property Prices
Several factors determine property values in Albania:
Location: Proximity to the sea, major cities, or tourist centers increases prices.
View and amenities: Properties with sea views, balconies, or modern facilities tend to cost more.
Legal status: Properties with verified title deeds and registration command higher prices.
Market demand: Areas experiencing tourism or infrastructure growth often see rising prices.
Condition: Newly constructed or renovated properties may be priced above older or unfinished buildings.
Properties with clear legal documentation and registration in the national cadaster generally carry a premium, reflecting reduced legal risk.
Price Variability Across the Market
Albania’s real estate market remains fragmented, leading to significant price differences between formally registered developments and informal or semi-legal properties.
It is strongly recommended that buyers carry out thorough due diligence. Verification of title, registration status, and zoning compliance is essential to avoid potential disputes or invalid sales.
Albania continues to offer comparatively affordable property prices within Europe, although values are rising in popular regions such as Tirana, Saranda, and the Albanian Riviera.
Buyers interested in securing property in Albania should evaluate location, legal status, and long-term investment potential before proceeding.