Foreign investors considering Albania’s real estate market often ask whether they are legally allowed to purchase and own multiple properties in Albania. The answer is straightforward: under Albanian law, foreign nationals are permitted to own more than one property, with no legal cap on the number of urban properties a foreigner can hold in their personal name.
This legal framework makes Albania an attractive destination for foreign buyers seeking to build property portfolios, whether for rental income, holiday homes, or long-term investment.
Are There Ownership Restrictions
While foreigners can freely own multiple apartments, houses, or commercial buildings located in urban zones, the main legal restriction applies to agricultural or forest land. Foreign individuals are not permitted to directly own agricultural land under Albanian law. However, they can bypass this restriction by purchasing such land through a company registered in Albania.
For urban real estate, including residential and commercial properties within city boundaries, foreigners enjoy equal ownership rights as Albanian citizens. There is no quota or maximum limit imposed on the number of properties a foreign individual can purchase in these zones.
Can Foreigners Rent Out Multiple Properties
Yes—foreign property owners can legally rent out their properties in Albania and generate rental income. However, once a foreigner starts earning income from rental activities, they are subject to Albanian tax obligations. Rental income must be declared, and appropriate taxes must be paid according to Albanian tax laws.
Foreign landlords may need to register for tax purposes in Albania and issue proper rental contracts and invoices to tenants to comply with regulations. This applies whether renting short-term, such as holiday lets, or long-term residential leases.
Practical Considerations for Owning Multiple Properties
While legally allowed, owning multiple properties in Albania comes with responsibilities such as property tax payments, utility management, maintenance, and compliance with rental regulations if leasing the units. Foreign investors are advised to work with local property management services if they are not residing in Albania to oversee operations and upkeep.
Each property must also be properly registered with the State Cadaster Agency under the owner’s name, with clear ownership records free of encumbrances. Buyers should complete due diligence and formalize every purchase through a licensed notary to secure legal protection and government registration.
Foreigners can legally own multiple properties in Albania without limits in urban areas, making it a flexible and accessible real estate market for international investors. Buyers should ensure each transaction is properly registered, comply with tax requirements for rental income, and consider professional property management for large portfolios.