Buying real estate in Albania?

We've created a guide to help you avoid pitfalls, save time, and make the best long-term investment possible.

How much do houses cost now in Albania? (2026)

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Authored by the expert who managed and guided the team behind the Albania Property Pack

buying property foreigner Albania

Everything you need to know before buying real estate is included in our Albania Property Pack

Albania does not publish one official "national house price index" the way some countries do, so this guide uses data from the Bank of Albania, major brokers like RE/MAX and Century 21, and our own research to give you realistic price ranges.

We update this blog post regularly to reflect the latest market conditions, so the numbers you see here are as fresh as possible for early 2026.

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.

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Inna Kataeva 🇦🇱

Investment Consultant

Inna Kataeva specializes in real estate investment across Albania. She provides tailored support, from selecting apartments, land, or commercial properties to advising on location benefits like climate, infrastructure, and development plans. With a focus on transparency, Inna ensures seamless transactions by collaborating with trusted agencies, developers, and legal professionals. Whether seeking a coastal retreat or an investment opportunity, she is committed to guiding you through every step with expertise and care.

How much do houses cost in Albania as of 2026?

What's the median and average house price in Albania as of 2026?

As of early 2026, the estimated median house price in Albania is around 180,000 euros (roughly 18 million ALL or 196,000 USD), while the average house price sits closer to 260,000 euros (about 26 million ALL or 283,000 USD) because luxury villas in Tirana and coastal areas pull the average up.

The typical price range that covers about 80% of house sales in Albania falls between 90,000 euros and 500,000 euros (9 million to 50 million ALL, or 98,000 to 545,000 USD), with most family homes landing somewhere in the middle of this band.

The gap between the median and average house prices in Albania tells you that the market has a small but influential group of high-end properties, especially luxury villas in Tirana's prime neighborhoods and along the Albanian Riviera, that push the average well above what most buyers actually pay.

At the median price of 180,000 euros in Albania, you can realistically expect a 3-bedroom detached house in a secondary city like Elbasan or Shkoder, or a smaller 2-bedroom house in Tirana's outer suburbs like Kashar or Kamez, typically with a modest yard but likely needing some cosmetic updates.

Sources and methodology: we triangulated house prices using the Bank of Albania's Real Estate Market Survey for market direction, then cross-referenced current asking prices on RE/MAX Albania and Century 21 Albania listing inventories. We applied a 5% to 12% negotiation discount to asking prices based on typical resale patterns reported by local agents, and we also drew on our own proprietary data from conversations with Albanian real estate professionals.

What's the cheapest livable house budget in Albania as of 2026?

As of early 2026, the absolute minimum budget for a livable house in Albania is around 45,000 to 70,000 euros (4.5 to 7 million ALL, or 49,000 to 76,000 USD), though you should expect compromises on size, location, or condition at this price point.

"Livable" at this entry-level price in Albania typically means an older house that is structurally sound but needs cosmetic work, has basic utilities connected, and has clear title documentation, which you must verify through the cadastre before buying.

These cheapest livable houses in Albania are usually found in interior towns like Elbasan's outer areas, Fier's outskirts, Lushnje, or non-lakefront parts of Shkoder, as well as rural villages that are further from Tirana and the coast.

Wondering what you can get? We cover all the buying opportunities at different budget levels in Albania here.

Sources and methodology: we identified the lowest recurring asking prices for houses on RE/MAX Albania and Century 21 Albania, then adjusted downward for negotiation. We treat cadastre and title clarity as part of "livable" since a property with unclear documentation carries serious buyer risk, using the iKadaster portal as reference for registration requirements.

How much do 2 and 3-bedroom houses cost in Albania as of 2026?

As of early 2026, a typical 2-bedroom house in Albania costs between 90,000 and 160,000 euros (9 to 16 million ALL, or 98,000 to 175,000 USD) nationwide, while a 3-bedroom house typically costs between 130,000 and 240,000 euros (13 to 24 million ALL, or 142,000 to 262,000 USD).

For a 2-bedroom house in Albania, the realistic price range varies significantly by location: expect 90,000 to 160,000 euros in secondary cities, 220,000 to 380,000 euros (22 to 38 million ALL, or 240,000 to 415,000 USD) in Tirana, and 200,000 to 450,000 euros on the prime coast depending on sea proximity.

For a 3-bedroom house in Albania, realistic prices run from 130,000 to 240,000 euros nationwide, 300,000 to 550,000 euros (30 to 55 million ALL, or 327,000 to 600,000 USD) in Tirana, and 300,000 to 800,000 euros in prime coastal spots like Sarande or Himare.

The typical price premium when moving from a 2-bedroom to a 3-bedroom house in Albania is around 40% to 60%, which reflects both the extra square meters (usually 30 to 50 square meters more) and the fact that 3-bedroom homes are the "standard family" target, keeping demand strong.

Sources and methodology: we treated 2-bedroom houses as roughly 90 to 130 square meters and 3-bedroom houses as 120 to 180 square meters based on common listing patterns on RE/MAX Albania and Century 21 Albania. We cross-checked these ranges against our own market data collected from local real estate agents across Tirana, Vlore, and Sarande.

How much do 4-bedroom houses cost in Albania as of 2026?

As of early 2026, a typical 4-bedroom house in Albania costs between 220,000 and 450,000 euros (22 to 45 million ALL, or 240,000 to 490,000 USD) nationwide, but prices jump to 600,000 to 1.4 million euros in Tirana's prime villa zones and 600,000 to 1.8 million euros in prime coastal areas.

For a 5-bedroom house in Albania, the realistic price range is 300,000 to 650,000 euros (30 to 65 million ALL, or 327,000 to 710,000 USD) nationwide, climbing to 900,000 to 2 million euros in Tirana's premium areas and 900,000 to 2.5 million euros along the best parts of the Albanian Riviera.

For a 6-bedroom house in Albania, you are typically looking at a luxury or compound-style property, with prices in Tirana and coastal luxury areas ranging from 1.2 million to 3.5 million euros (120 to 350 million ALL, or 1.3 to 3.8 million USD) or even higher for exceptional properties.

Please note that we give much more detailed data in our pack about the property market in Albania.

Sources and methodology: we analyzed larger bedroom counts on Century 21 Albania and RE/MAX Albania, noting that 4+ bedroom properties skew toward luxury segments in Albania. We applied a smaller negotiation discount for top-end properties where buyer pools are smaller but sellers anchor firmly on price, and supplemented with our proprietary tracking of villa transactions.

How much do new-build houses cost in Albania as of 2026?

As of early 2026, new-build houses in Albania typically cost 450,000 to 1.5 million euros (45 to 150 million ALL, or 490,000 to 1.6 million USD) in Tirana's newer villa and compound developments, 350,000 to 1.8 million euros on the coast with good specifications near the sea, and 180,000 to 400,000 euros in secondary cities where newer detached houses are rarer.

The typical percentage premium that new-build houses carry compared to older resale houses in Albania is around 20% to 35%, reflecting better construction standards, modern layouts, legal compliance with Albania's updated building codes, and the peace of mind that comes with new documentation.

Sources and methodology: we compared listings marked "new build" or "newly constructed" against older resale houses in the same areas on RE/MAX Albania and Century 21 Albania. We then used the Bank of Albania's H1 2025 real estate survey to contextualize "market heat" and keep the premium estimate realistic for early 2026.

How much do houses with land cost in Albania as of 2026?

As of early 2026, a house with land in Albania can cost anywhere from 100,000 euros (10 million ALL, or 109,000 USD) in interior areas to well over 1 million euros for coastal villas with sea views, because land value can make up half or more of the total price in desirable locations like Tirana's outskirts or the Albanian Riviera.

A typical plot size that qualifies as a "house with land" in Albania is 200 to 600 square meters for a modest yard, while larger plots of 1,000 square meters or more are common for villas in premium areas like Lundra, Farke, or the Riviera coastline.

Sources and methodology: we inferred land premiums from the price gaps between "villa with yard/plot" and similar homes with minimal land on Century 21 Albania and RE/MAX Albania. We keep land value as an add-on range because plot sizes and legal status vary massively, and buyers must verify boundaries and documentation through the iKadaster portal.

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Where are houses cheapest and most expensive in Albania as of 2026?

Which neighborhoods have the lowest house prices in Albania as of 2026?

As of early 2026, the neighborhoods with the lowest house prices in Albania include Tirana's edges like Kombinat, Laprakë, Kashar, Yzberisht, and Paskuqan/Kamëz, plus outer areas of secondary cities like Elbasan, Fier, and non-lakefront parts of Shkodër.

In these cheapest neighborhoods, the typical house price range in Albania is 50,000 to 150,000 euros (5 to 15 million ALL, or 55,000 to 165,000 USD), with older, smaller houses on the lower end and more updated properties pushing toward the higher end.

The main reason these Albania neighborhoods have the lowest house prices is not just distance from city centers but also less developed infrastructure, older housing stock that often needs renovation, and in some cases documentation issues that require extra due diligence before buying.

Sources and methodology: we used location-specific search filters on Century 21 Albania and RE/MAX Albania to identify areas where house prices consistently fall below city averages. We cross-referenced with our proprietary data on transaction patterns and infrastructure development timelines.

Which neighborhoods have the highest house prices in Albania as of 2026?

As of early 2026, the top neighborhoods with the highest house prices in Albania are Tirana's Blloku area, Liqeni Artificial (around the Grand Park), Komuna e Parisit, and the villa zones of Lundër, Farkë, and Rolling Hills, plus coastal hotspots like Sarandë's seafront, Ksamil, Himarë, Dhërmi, and Vlorë's Uji i Ftohtë promenade.

In these most expensive neighborhoods, the typical house price range in Albania is 600,000 to 2 million euros (60 to 200 million ALL, or 655,000 to 2.2 million USD), with exceptional properties pushing well above 3 million euros in the most prime locations.

The main reason these Albania neighborhoods command the highest house prices is the combination of extremely limited supply, established prestige, proximity to high-end amenities like international schools and restaurants, and in coastal areas, direct sea views and access that cannot be replicated elsewhere.

The type of buyer who typically purchases houses in these premium Albania neighborhoods includes successful Albanian business owners, diaspora Albanians returning from Western Europe, foreign investors from Italy and Germany, and digital nomads or retirees seeking a Mediterranean lifestyle at prices still below Spain or Croatia.

Sources and methodology: we identified prestige locations by cross-referencing high-end listings on RE/MAX Albania's Blloku page and Century 21 Albania. We also used Colliers Albania's market overview to confirm which areas consistently attract premium pricing.

How much do houses cost near the city center in Albania as of 2026?

As of early 2026, a house near Tirana's city center (which includes Blloku, the area around Skanderbeg Square, Komuna e Parisit, and Liqeni Artificial) typically costs between 600,000 and 1.8 million euros (60 to 180 million ALL, or 655,000 to 1.96 million USD), though inner-ring areas that are not quite prime can offer houses for 400,000 to 900,000 euros.

Houses near major transit corridors in Tirana, meaning those with easy access to the main ring roads and arterial routes into the center, typically carry a 10% to 20% premium compared to similar houses in traffic-heavy edge areas, reflecting the value Albanians place on reducing daily commute times.

Houses near top-rated schools in Albania, particularly international or private schools in Tirana like the Albanian International School, QSI Tirana, or Tirana International School, tend to fall in the upper half of Tirana's villa price ranges, often 450,000 to 1.2 million euros, as families prioritize easy school commutes.

Houses in expat-popular areas of Albania, specifically Tirana's Blloku, Liqeni Artificial, Komuna e Parisit, and the villa compounds around Lundër and Rolling Hills, typically cost 500,000 to 1.5 million euros (50 to 150 million ALL, or 545,000 to 1.6 million USD) because these areas offer the lifestyle amenities and services that foreign residents seek.

We actually have an updated expat guide for Albania here.

Sources and methodology: we derived city-center and expat-area price bands from named-location searches on Century 21 Albania and RE/MAX Albania's Tirana page. School proximity premiums were estimated from our conversations with local agents who specialize in family relocations, and we validated transit premiums against the known Tirana commute patterns.

How much do houses cost in the suburbs in Albania as of 2026?

As of early 2026, a typical suburban house in Albania, meaning 15 to 30 minutes outside central Tirana by car, costs between 250,000 and 450,000 euros (25 to 45 million ALL, or 273,000 to 490,000 USD), though planned villa compounds in directions like Lundër or Farkë can reach 450,000 to 1.5 million euros.

The typical price difference between suburban houses and city-center houses in Albania is around 40% to 60% less for suburbs, which means buyers can often get significantly more space and land for their budget by moving 20 minutes out of central Tirana.

The most popular suburbs for house buyers in Albania as of early 2026 are Kashar, Farkë, Lundër, Sauk, and areas along the Tirana-Durrës corridor, all of which offer newer housing stock, larger plots, and easier access to nature while still being within commuting distance of Tirana's center.

Sources and methodology: we analyzed suburban listings on Century 21 Albania and RE/MAX Albania, filtering by areas outside the central Tirana municipality. We calculated the city-center versus suburban price gap using our own proprietary data on recent transactions in both zones.

What areas in Albania are improving and still affordable as of 2026?

As of early 2026, the top areas in Albania that are improving and still affordable for house buyers include Kashar, Astir, and Yzberisht around Tirana's edges, the Tirana-Durrës corridor benefiting from highway expansion, and some non-seafront neighborhoods in Vlorë and outer stretches of Durrës.

In these improving yet affordable Albania areas, the current typical house price is 120,000 to 280,000 euros (12 to 28 million ALL, or 131,000 to 305,000 USD), which is significantly below Tirana's prime zones or the Riviera hotspots but rising steadily as infrastructure improves.

The main sign of improvement driving buyer interest in these Albania areas is concrete infrastructure investment, particularly the Tirana-Durrës Highway expansion (a 300 million euro project completing in late 2025 to early 2026), the upcoming Vlorë International Airport opening in 2026, and new commercial developments bringing jobs and amenities to previously overlooked zones.

By the way, we've written a blog article detailing what are the current best areas to invest in property in Albania.

Sources and methodology: we used macro growth narratives from the Bank of Albania and Colliers Albania to identify where construction activity and infrastructure projects are concentrated. We then cross-checked listing density and pricing trends on major broker portals to confirm which areas show rising interest while prices remain below top-tier nodes.
infographics rental yields citiesAlbania

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 extra costs should I budget for a house in Albania right now?

What are typical buyer closing costs for houses in Albania right now?

House buyers in Albania should plan on total closing costs of roughly 2.5% to 5.5% of the purchase price, plus several fixed-cost items that can add a few thousand euros depending on the complexity of the transaction.

The main closing cost categories in Albania include notary and administrative fees (typically 150 to 450 euros or 15,000 to 45,000 ALL), legal due diligence which is highly recommended (500 to 1,500 euros or 50,000 to 150,000 ALL), cadastre document fees and registration (small fixed amounts but time-consuming if issues arise), and potentially agency fees if the buyer pays a share.

The single largest closing cost category for house buyers in Albania is usually legal due diligence combined with notary fees, especially if the property has complex documentation history that requires extra verification through the cadastre and potentially resolution of boundary or inheritance issues.

We cover all these costs and what are the strategies to minimize them in our property pack about Albania.

Sources and methodology: we anchored the "must-touch" institutions using the iKadaster portal for registration workflows and the QBZ official decision on taxable value methodology. We turned these into practical percentage ranges based on typical deal structures reported by local notaries and lawyers we work with.

How much are property taxes on houses in Albania right now?

Annual property tax for a house in Albania typically ranges from 60 to 400 euros (6,000 to 40,000 ALL, or 65 to 435 USD) per year for most normal houses outside prime zones, and 200 to 1,200 euros (20,000 to 120,000 ALL, or 220 to 1,310 USD) per year for higher-value homes in Tirana's premium areas or prime coastal locations.

Property tax in Albania is calculated based on a percentage of the cadastral or "reference" value (not the market value), with residential properties taxed at 0.05% to 0.2% of this official value depending on location, and the tax is collected by municipalities, often through your water bill.

If you want to go into more details, we also have a page with all the property taxes and fees in Albania.

Sources and methodology: we used Albania's Law 9632 on local taxes and the Ministry of Finance's Economic Reform Programme 2026-2028 for the legal framework. We translated statutory rates into euro ranges by applying typical cadastral values seen across different house market segments.

How much is home insurance for a house in Albania right now?

Typical annual home insurance for a house in Albania costs around 150 to 400 euros (15,000 to 40,000 ALL, or 165 to 435 USD) per year for basic coverage, rising to 400 to 1,200 euros (40,000 to 120,000 ALL, or 435 to 1,310 USD) per year for higher-value villas, coastal properties with storm risk, or homes requiring larger rebuild coverage.

The main factors affecting home insurance premiums for houses in Albania include the property's location (coastal areas may have higher wind and flood risk), the rebuild cost based on square meters and construction quality, security features, and whether you opt for extended coverage like earthquake protection, which is relevant given Albania's seismic activity.

Sources and methodology: we derived insurance ranges from typical premiums quoted by Albanian insurers for properties across different value bands, cross-referenced with standard regional insurance pricing patterns. Albania does not publish one neat "average premium" table publicly, so we provide conservative, buyer-safe budgeting ranges based on our conversations with local insurance brokers and property managers.

What are typical utility costs for a house in Albania right now?

The estimated typical total monthly utility cost for a house in Albania is around 95 to 195 euros (9,500 to 19,500 ALL, or 105 to 215 USD), though this can vary significantly based on house size, heating method, and consumption habits.

The breakdown of main utility categories for houses in Albania includes electricity at 60 to 120 euros per month (higher in winter if you use electric heating), water and waste fees at 15 to 35 euros per month depending on municipality and usage, and internet plus mobile at 20 to 40 euros per month, with all amounts subject to your actual consumption patterns.

Sources and methodology: we compiled utility ranges from buyer feedback and property management reports across Tirana, coastal areas, and secondary cities in Albania. Utilities vary more by consumption than neighborhood, so we give intentionally broad "budget-safe" ranges that you should refine once you see recent bills from the seller or property manager.

What are common hidden costs when buying a house in Albania right now?

The estimated total of common hidden costs that house buyers in Albania often overlook can run from 2,000 to 10,000 euros (200,000 to 1,000,000 ALL, or 2,200 to 10,900 USD) or more, depending on property condition and documentation status.

Typical inspection fees buyers should expect when purchasing a house in Albania are 150 to 400 euros (15,000 to 40,000 ALL, or 165 to 435 USD) for a basic engineer visit, and 400 to 900 euros (40,000 to 90,000 ALL, or 435 to 980 USD) for a more thorough technical check covering structure, moisture, and building systems.

Other common hidden costs beyond inspections when buying a house in Albania include title or document clean-up (resolving missing paperwork, inheritance sign-offs, or boundary clarifications), survey or measurement fees if land boundaries are unclear, renovation surprises (especially damp, roofing, and old wiring), and furnishing costs since many houses are sold semi-finished.

The hidden cost that tends to surprise first-time house buyers the most in Albania is title and documentation clean-up, because a property might look perfect physically but require months of work and several thousand euros in legal fees to resolve missing cadastre records, disputed boundaries, or incomplete inheritance transfers from previous owners.

You will find here the list of classic mistakes people make when buying a property in Albania.

Sources and methodology: we anchored the "what can go wrong" list around cadastre and title realities documented by the iKadaster portal and feedback from lawyers specializing in Albanian property transactions. Inspection fee ranges match what buyers typically pay to de-risk houses in markets where documentation quality varies, based on our proprietary data from recent purchases.

Get fresh and reliable information about the market in Albania

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What do locals and expats say about the market in Albania as of 2026?

Do people think houses are overpriced in Albania as of 2026?

As of early 2026, the general sentiment among locals in Albania is that prime Tirana and prime coastal houses feel "too expensive" relative to local incomes, while many expats and foreign buyers still see value outside the very top-tier pockets because they compare Albania's prices to Western Europe.

Houses in Albania typically stay on the market for 2 to 6 months if correctly priced, while prime or high-demand properties in limited-supply areas can sell in 1 to 3 months, and overpriced luxury villas often sit for 6 to 12 months or longer without serious offers.

The main reason locals feel house prices are too high in Albania is the disconnect between average Albanian salaries (often under 700 euros per month) and median house prices above 150,000 euros, while expats argue that Albania still offers Mediterranean lifestyle at a fraction of what Croatia, Greece, or Montenegro would cost.

Compared to one or two years ago, sentiment on house prices in Albania has shifted from "great opportunity" to "still good but getting pricier," as 17% to 25% annual price increases in 2024 and 2025 have made entry-level buyers feel more rushed and locals more priced out of their own market.

You'll find our latest property market analysis about Albania here.

Sources and methodology: we used the Bank of Albania's H1 2025 real estate survey to anchor market heat and sentiment. We matched official data to visible inventory depth on RE/MAX Albania and Century 21 Albania, and supplemented with our own conversations with local agents, expat buyers, and Albanian property investors.

Are prices still rising or cooling in Albania as of 2026?

As of early 2026, house prices in Albania are best described as still firm but more selective, with prime locations in Tirana and the Riviera continuing to see upward pressure due to limited supply, while non-prime or "stretch-priced" houses are more likely to cool through negotiation, price cuts, or longer selling times.

The estimated year-over-year house price change in Albania is around 5% to 15% depending on location, with Tirana prime zones and coastal hotspots at the higher end and secondary cities or edge areas growing more modestly compared to the 20% to 30% jumps seen in 2024-2025.

Experts and locals expect house prices in Albania over the next 6 to 12 months to continue rising moderately in prime locations (forecasts range from 5% to 12% for Tirana and 7% to 15% for key coastal areas), supported by infrastructure projects like the Vlorë Airport opening in 2026, ongoing EU accession progress, and continued foreign buyer interest.

Finally, please note that we have covered property price trends and forecasts for Albania here.

Sources and methodology: we anchored the price trend narrative using the Bank of Albania's real estate survey and Statista's Albania real estate forecast. We expressed "rising vs cooling" as a location-specific pattern consistent with inventory and pricing you can verify on major broker pages, and we incorporated our own tracking of asking price changes over the past 12 months.
infographics map property prices Albania

We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Albania. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.

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 Why It's Authoritative How We Used It
Bank of Albania - Real Estate Market Survey Albania's central bank with systematic real estate monitoring. We used it to anchor market direction and momentum going into 2026. We also relied on its definitions and methodology caveats.
RE/MAX Albania Major international brokerage with transparent listing prices. We observed current asking prices for houses by location and size. We then applied negotiation discounts to estimate realistic transaction prices.
Century 21 Albania Established global brand with strong local inventory. We used it as a second independent window into asking prices. We cross-checked that our price bands matched across different brokerage ecosystems.
iKadaster - State Cadastre Portal Official public interface for title and registration processes. We used it to understand paperwork realities and registration steps. We factored cadastre verification into buyer closing cost estimates.
Ministry of Finance - Economic Reform Programme 2026-2028 Official government document on fiscal policy priorities. We used it to understand near-term policy affecting property taxes. We framed why reference values and tax rates may shift.
QBZ - Taxable Value Methodology Decision Official publication channel for Albanian legislation. We used it to explain how taxable values are determined. We justified budgeting a buffer for potential tax base updates.
Colliers Albania - Market Overview Major global real estate consultancy with formal reporting. We used it to ground macro forces affecting house prices. We explained why coastal and prime-city areas behave differently.
Statista - Albania Real Estate Market Forecast Recognized global statistics platform with market projections. We used it to validate growth forecasts and market size estimates. We cross-referenced projected annual growth rates with local data.
PwC Albania Tax Summaries Global accounting firm with authoritative tax guidance. We used it to verify property tax rates and structures. We ensured our tax estimates aligned with official statutory rates.
Euronews Albania Mainstream outlet covering policy changes and municipal revenues. We used it only as context for why costs can rise. We supported the idea that reference prices may be updated around 2026.

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