Authored by the expert who managed and guided the team behind the Albania Property Pack
Everything you need to know before buying real estate is included in our Albania Property Pack
This guide covers current housing prices in Albania, and we update it regularly to reflect the latest market data.
Whether you're looking at apartments in Tirana or coastal villas, understanding Albania's property market helps you make smarter decisions.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Albania.
Insights
- Albania's housing prices grew by around 18% in nominal terms between January 2025 and January 2026, driven by strong demand in Tirana and coastal areas.
- The Liqeni Artificial area in Tirana commands the highest prices, with government reference rates reaching 227,400 ALL per square meter.
- About 75% of Albania's residential property market consists of apartments, making them the dominant housing type for buyers.
- New-build properties in Albania typically cost 15% to 25% more per square meter than existing homes, reflecting better construction standards.
- Foreign buyers now represent a growing share of Albania's property market, pushing prices higher in expat-friendly neighborhoods like Blloku.
- The typical gap between listing price and final sale price in Albania is around 6% to 8%, meaning buyers have room to negotiate.
- Entry-level apartments in Albania start around 45,000 to 80,000 euros, typically found in outer Tirana areas like Kombinat or Astir.
- Albania's average apartment price sits at approximately 1,620 euros per square meter, according to the Deloitte Property Index 2025.
- Over the past decade, Albania's housing prices have increased by roughly 90% to 140% in nominal terms, outpacing general inflation significantly.
What is the average housing price in Albania in 2026?
The median housing price is more useful than the average because it represents what a typical buyer actually pays, without being skewed upward by a few expensive luxury properties.
We are writing this as of the first half of 2026, using the latest available data from authoritative sources like the Bank of Albania and the Deloitte Property Index, which we manually verified.
The estimated median housing price in Albania in 2026 is approximately 14.1 million ALL, which converts to around $157,000 or 140,000 euros. The average housing price runs higher at roughly 16.2 million ALL, or about $180,000 (165,000 euros), because expensive properties pull the average up.
About 80% of residential properties in Albania in 2026 fall within a price range of 70,000 to 260,000 euros, or roughly $76,000 to $283,000.
A realistic entry-level budget in Albania in 2026 would be 45,000 to 80,000 euros (around 4.4 to 7.8 million ALL, or $49,000 to $87,000), which gets you an existing one-bedroom apartment of 45 to 55 square meters in outer Tirana areas like Astir or Kombinat.
Luxury properties in Albania in 2026 typically range from 450,000 to 1.2 million euros (44 to 118 million ALL, or $491,000 to $1.3 million), which buys you a new-build penthouse of 150 to 220 square meters near Liqeni Artificial or Blloku with premium finishes and parking.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Albania.
Are Albania property listing prices close to the actual sale price in 2026?
In Albania in 2026, the typical difference between asking price and final sale price is around 6% to 8% below the listed amount.
This gap exists because sellers often set optimistic initial prices, while buyers negotiate based on how long a property has been on the market. The discount tends to be larger (up to 20% below asking) for overpriced listings or properties that have sat unsold for many months.
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What is the price per sq m or per sq ft for properties in Albania in 2026?
As of early 2026, the median housing price per square meter in Albania is approximately 152,000 ALL, which equals about $144 or 1,550 euros per square meter (around 144 euros per square foot). The average price per square meter is slightly higher at 159,000 ALL, or roughly $150 (1,620 euros) per square meter, which works out to about 151 euros per square foot.
Smaller units like studios and one-bedroom apartments in central Tirana locations have the highest price per square meter, while large older apartments in outer areas needing renovation have the lowest price per square meter in Albania in 2026.
The highest prices per square meter in Albania in 2026 are found in the Liqeni Artificial area and Blloku in Tirana, ranging from 200,000 to 300,000 ALL per square meter. The lowest prices are found in outer neighborhoods like Paskuqan, where rates start around 62,500 ALL per square meter.
How have property prices evolved in Albania?
Compared to one year ago in January 2025, Albania's housing prices have increased by roughly 18% in nominal terms, or about 15% to 16% when adjusted for inflation. This growth was driven by strong urban demand in Tirana and continued interest from foreign buyers and expats.
Over the past decade from January 2016 to January 2026, Albania's housing prices have risen by approximately 90% to 140% in nominal terms. This dramatic increase reflects Tirana's emergence as a regional hub and growing tourism-driven demand along the coast.
By the way, we've written a blog article detailing the latest updates on property price variations in Albania.
Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Albania.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Albania versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What types of properties are available in Albania and what do they cost in 2026?
In Albania in 2026, apartments (both mid-rise and high-rise) make up roughly 75% of the residential market, followed by houses at 12%, villas at 6%, studios at 4%, and townhouses or duplexes at 3%, reflecting the country's urban-focused housing development.
Average prices by property type in Albania as of the first half of 2026 are: studios at around 55,000 euros (5.4 million ALL, $60,000), one-bedroom apartments at 90,000 euros (8.8 million ALL, $98,000), two-bedroom apartments at 140,000 euros (13.7 million ALL, $153,000), three-bedroom apartments at 210,000 euros (20.6 million ALL, $229,000), houses at 240,000 euros (23.5 million ALL, $262,000), and villas at 520,000 euros (51 million ALL, $567,000).
If you want to know more, you should read our dedicated analyses:
How do property prices compare between existing and new homes in Albania in 2026?
New-build properties in Albania in 2026 typically cost 15% to 25% more per square meter than existing homes.
This premium exists because new constructions offer better building specifications like elevators, parking, modern insulation, and updated layouts, plus buyers face fewer surprise renovation costs or structural issues.
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How do property prices vary by neighborhood in Albania in 2026?
Blloku is Tirana's most popular expat neighborhood, known for its walkable streets, cafes, and international vibe. Prices here in January 2026 range from 18 to 40 million ALL (roughly $198,000 to $440,000), reflecting its status as a lifestyle destination with limited supply.
Komuna e Parisit is a family-friendly residential area that balances good amenities with more moderate pricing. Expect to pay 12 to 22 million ALL ($132,000 to $242,000) in January 2026, making it a popular choice for both locals and foreigners seeking value.
Kombinat offers budget-conscious buyers a practical entry point into the Tirana market. Prices range from 6 to 12 million ALL ($66,000 to $132,000) in January 2026, with older apartment stock that appeals to first-time buyers or investors.
You will find a much more detailed analysis by areas in our property pack about Albania. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Neighborhood | Category | Avg Price Range | Avg per sqm | Avg per sqft |
|---|---|---|---|---|
| Paskuqan | Budget / Space | ALL 5m-10m ($55k-$110k) | ALL 62k-90k ($680-$990) | ALL 5.8k-8.4k ($63-$92) |
| Kombinat | Budget / Practical | ALL 6m-12m ($66k-$132k) | ALL 80k-110k ($880-$1,210) | ALL 7.4k-10.2k ($81-$112) |
| Astir | Budget / Developing | ALL 7m-14m ($77k-$154k) | ALL 90k-125k ($990-$1,375) | ALL 8.4k-11.6k ($92-$127) |
| Ali Demi | Commuter | ALL 8m-16m ($88k-$176k) | ALL 105k-140k ($1,155-$1,540) | ALL 9.8k-13k ($108-$143) |
| Don Bosko | Commuter / Rentals | ALL 9m-18m ($99k-$198k) | ALL 110k-150k ($1,210-$1,650) | ALL 10.2k-13.9k ($112-$153) |
| Komuna e Parisit | Family / Popular | ALL 12m-22m ($132k-$242k) | ALL 140k-190k ($1,540-$2,090) | ALL 13k-17.7k ($143-$195) |
| Myslym Shyri | Central | ALL 14m-26m ($154k-$286k) | ALL 160k-210k ($1,760-$2,310) | ALL 14.9k-19.5k ($164-$215) |
| Qender (Center) | Prime / Walkable | ALL 16m-30m ($176k-$330k) | ALL 180k-230k ($1,980-$2,530) | ALL 16.7k-21.4k ($184-$235) |
| Blloku | Expat / Lifestyle | ALL 18m-40m ($198k-$440k) | ALL 200k-260k ($2,200-$2,860) | ALL 18.6k-24.2k ($205-$266) |
| Liqeni Artificial | Premium / Green | ALL 20m-45m ($220k-$495k) | ALL 227k-300k ($2,497-$3,300) | ALL 21.1k-27.9k ($232-$307) |
| Farke | Suburban / Houses | ALL 22m-55m ($242k-$605k) | ALL 190k-260k ($2,090-$2,860) | ALL 17.7k-24.2k ($195-$266) |
| Prime New-Build | Luxury | ALL 40m-120m ($440k-$1.3m) | ALL 280k-450k ($3,080-$4,950) | ALL 26k-41.8k ($286-$460) |
How much more do you pay for properties in Albania when you include renovation work, taxes, and fees?
When buying property in Albania in 2026, expect to add roughly 8% to 18% on top of the purchase price for existing homes (covering fees, taxes, and renovation), or 5% to 10% for new-build properties where renovation costs are minimal.
For a property around $200,000 (approximately 18 million ALL or 183,500 euros) in Albania, you would typically pay an additional $16,000 to $36,000 in total extra costs. This brings your all-in cost to roughly $216,000 to $236,000, depending on the property's condition and renovation needs.
For a property around $500,000 (approximately 45 million ALL or 459,000 euros), plan for additional costs of $40,000 to $90,000. Your total investment would land between $540,000 and $590,000, with higher-end properties often requiring less renovation work.
For a property around $1,000,000 (approximately 90 million ALL or 917,000 euros), expect to add $50,000 to $180,000 in total extra costs. This means budgeting $1,050,000 to $1,180,000 for your complete purchase, though luxury new builds typically fall at the lower end of this range.
By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Albania.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Albania
| Expense | Category | Estimated Cost Range and Details |
|---|---|---|
| Notary fees | Fees | ALL 100,000-300,000 ($1,100-$3,300). Notaries in Albania handle contract authentication and property transfer documentation. Costs vary based on property value and complexity of the transaction. |
| Registration fees | Fees | ALL 50,000-200,000 ($550-$2,200). These cover the official registration of your property at the local cadastral office. Higher-value properties and those requiring title clarification cost more to register. |
| Agency commission | Fees | 1%-3% of purchase price. Real estate agents in Albania typically charge between 1% and 3% of the transaction value. This fee is often negotiable, especially on higher-priced properties. |
| Legal fees | Fees | ALL 100,000-400,000 ($1,100-$4,400). Hiring a lawyer for due diligence and contract review is strongly recommended in Albania. Costs depend on property complexity and whether title issues need resolution. |
| Property transfer tax | Taxes | Varies by municipality, typically 2%-3% of declared value. Albania's property transfer tax is calculated on the official reference price or sale price, whichever is higher. Rates vary slightly between municipalities. |
| Light renovation | Renovation | ALL 300,000-1,500,000 ($3,300-$16,500). Light renovation includes painting, flooring updates, and minor repairs. Most existing apartments in Albania need at least cosmetic work before moving in. |
| Full renovation | Renovation | ALL 1,500,000-6,000,000+ ($16,500-$66,000+). Full renovation covers kitchen and bathroom remodels, electrical upgrades, and structural improvements. Older buildings in Albania often require significant updates to meet modern standards. |
We made this infographic to show you how property prices in Albania compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What properties can you buy in Albania in 2026 with different budgets?
With $100,000 (approximately 9 million ALL or 92,000 euros) in Albania in January 2026, you can buy an existing one-bedroom apartment of around 50 square meters in Astir, an existing studio or small one-bedroom of 40-55 square meters in Kombinat, or an existing two-bedroom of 75-85 square meters in a secondary city outside Tirana.
With $200,000 (approximately 18 million ALL or 184,000 euros), you can purchase an existing two-bedroom apartment of 80-95 square meters in Komuna e Parisit, a newer one or two-bedroom of 65-85 square meters in Don Bosko, or an existing two-bedroom of 90-110 square meters in Ali Demi.
With $300,000 (approximately 27 million ALL or 275,000 euros), you can afford a new two-bedroom apartment of 95-115 square meters in Komuna e Parisit, an existing three-bedroom of 120-140 square meters near Myslym Shyri, or a small house or duplex of 140-170 square meters on the outskirts of Farke.
With $500,000 (approximately 45 million ALL or 459,000 euros), you can buy a new three-bedroom apartment of 130-160 square meters in the Liqeni Artificial area, a large three-bedroom of 160-200 square meters in Blloku (existing but renovated), or a villa-style property of 200-260 square meters in suburban Tirana.
With $1,000,000 (approximately 90 million ALL or 917,000 euros), you can purchase a high-end penthouse of 200-260 square meters in Blloku (new or fully renovated), a villa of 300-450 square meters in premium suburban Tirana, or a prime coastal second home of 250-350 square meters in a luxury location.
With $2,000,000 (approximately 180 million ALL or 1.83 million euros), you enter Albania's top-tier market where you can buy a trophy penthouse with terraces in prime Tirana, a landmark villa compound in a premium suburb or coastal area, or multiple investment apartments (2-5 units) in strong rental zones.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Albania.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Albania, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source Name | Why It's Authoritative | How We Used It |
|---|---|---|
| Bank of Albania Real Estate Survey | Albania's central bank conducts this official market monitoring survey using INSTAT fieldwork methodology. | We used it to track price momentum, index growth rates, and the gap between listing and final prices. We also referenced their data on foreign buyer shares and time-to-sell metrics. |
| Bank of Albania Exchange Rates | This is the official reference rate framework published by Albania's central bank for currency conversions. | We used their methodology to justify our ALL/EUR/USD conversions throughout this article. We noted that exact rates vary by specific date. |
| INSTAT Consumer Price Index | INSTAT is Albania's official national statistics agency and CPI is the standard inflation measure. | We used CPI data to calculate inflation-adjusted price changes over one year and ten years. We also used it to explain what "real" price growth means. |
| Deloitte Property Index 2025 (via CNA) | Deloitte's Property Index is a recognized cross-country benchmark reported by multiple credible outlets. | We used it as our primary price-level anchor at 1,620 euros per square meter for Albania. We translated this into typical home totals based on standard apartment sizes. |
| Albanian Daily News | They reported official government reference prices used for taxation with specific neighborhood bands. | We used their data to create neighborhood price-band guidance for Tirana areas. We explained that reference prices differ from market prices but help with segmentation. |
| ValutaFX | ValutaFX provides historical exchange rate data widely used for financial conversions. | We used their EUR/ALL historical rates to establish our 98 ALL per euro conversion benchmark. We noted this is a 2025-era ballpark average. |
| Albanian Government Reference Prices | These are official prices set by the government for taxation and administrative purposes across municipalities. | We used them to establish low and high price bands by neighborhood. We explained they are useful for rough segmentation even if not identical to market prices. |
| Local Real Estate Agent Networks | Licensed agents participate in the Bank of Albania survey and provide ground-level market intelligence. | We used agent-reported data on negotiation patterns and listing-to-sale price gaps. We also incorporated their estimates on time-to-sell averages. |
| INSTAT Housing Statistics | Albania's official statistics institute tracks housing construction, permits, and demographic trends. | We used their data to understand housing supply patterns and construction activity. We cross-referenced with price trends to explain supply-demand dynamics. |
| Albanian Property Registration Office | This government agency handles official property registration and maintains cadastral records. | We used their fee structures to estimate registration and documentation costs. We incorporated typical processing requirements into our buyer cost estimates. |
| Ministry of Finance Albania | The ministry sets tax policies and publishes guidance on property-related taxation. | We used their published rates to estimate property transfer taxes. We noted that rates can vary between municipalities. |
| Tirana Municipality Data | The capital city publishes local reference prices and development information for its administrative zones. | We used their zone classifications to structure our neighborhood analysis. We mapped official reference bands to the 12 neighborhoods in our table. |
| Albanian Construction Industry Reports | Industry associations track building costs, materials pricing, and labor rates. | We used their data to estimate renovation cost ranges for Albanian properties. We distinguished between light cosmetic work and full structural renovations. |
| European Property Market Comparisons | Cross-border studies help contextualize Albania's prices relative to regional peers. | We used comparative data to explain why Albania remains affordable relative to other European markets. We referenced this in discussing price growth drivers. |
| Albanian Notary Association | Notaries handle all property transfers in Albania and their association publishes standard fee guidelines. | We used their fee schedules to estimate notary costs in our buyer expense table. We noted that fees vary based on property value. |
| Local Legal Practice Guidelines | Albanian law firms specializing in property publish guidance on due diligence requirements. | We used their recommendations to estimate legal fees for property purchases. We emphasized the importance of proper due diligence in Albania. |
| Real Estate Listing Platforms | Major Albanian property portals aggregate thousands of active listings with asking prices. | We used listing data to validate price ranges across neighborhoods and property types. We adjusted for typical negotiation discounts based on Bank of Albania findings. |
| Albanian Tourism Development Data | Tourism statistics help explain demand patterns in coastal and resort areas. | We used tourism growth data to explain price increases in coastal property markets. We connected this to second-home demand driving prices. |
| Foreign Investment Statistics | The Bank of Albania tracks non-resident property purchases as part of capital flow monitoring. | We used their foreign buyer share data to explain demand pressure in certain neighborhoods. We noted expat-friendly areas commanding premium prices. |
| Urban Development Plans | Tirana and other municipalities publish development plans affecting future property values. | We used development context to explain why certain areas are priced higher or lower. We noted infrastructure improvements affecting neighborhood desirability. |
| Banking Sector Mortgage Data | Albanian banks report mortgage lending volumes and interest rates to the central bank. | We used lending patterns to understand buyer financing in Albania's market. We noted that cash purchases remain common for foreign buyers. |
| Construction Permit Statistics | Government agencies track building permits issued, indicating future supply. | We used permit data to explain the new-build supply mix in the market. We connected this to the new-build premium over existing properties. |
| Regional Economic Indicators | Economic data helps contextualize affordability and demand sustainability. | We used economic indicators to explain underlying demand drivers in Albania's property market. We connected GDP growth and urbanization to housing price trends. |
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