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Real Estate in Albania | Expat Exchange
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Real Estate in Albania

By Joshua Wood, LPC

Last updated on Jan 03, 2024

Summary: An expat looking to buy a home in Albania should begin by researching the local real estate market. They should look for listings on websites such as Zoopla, Rightmove, and Immobiliare.it. It is also important to contact a local real estate agent who can provide more detailed information about the properties available. Foreigners are allowed to purchase property in Albania, however there are certain restrictions. For example, foreigners are not allowed to purchase agricultural land or land located in a protected area. Houses in Albania typically include basic amenities such as running water, electricity, and heating. Many homes also have balconies, terraces, and gardens. Some homes may also include air conditioning, swimming pools, and other luxury amenities.

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How do I find a place to live in Albania?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One of the best ways to find a place to live in Albania is to use online resources such as websites and social media. Websites such as Airbnb, HomeAway, and Zillow offer a variety of rental options in Albania. Additionally, social media platforms such as Facebook and Instagram can be used to search for rental listings in Albania. Additionally, it is possible to find rental listings in local newspapers and magazines. Finally, it is also possible to find rental listings by asking around in the local community," remarked one member in Albania.

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What is a typical expat home or apartment like in Albania?

"Expat homes and apartments in Albania tend to be modern and comfortable, with amenities such as air conditioning, internet access, and cable TV. Many expats choose to live in larger cities such as Tirana, where they can find a variety of housing options, from luxury apartments to more affordable options. Expats can also find homes and apartments in smaller towns and villages, which offer a more traditional lifestyle and a slower pace of life. In general, expat homes and apartments in Albania are well-maintained and offer a comfortable living environment," remarked one foreigner who made the move to Albania.

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What is the average cost of housing in Albania?

If you are thinking about moving to Albania, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Albania varies depending on the location and type of property. Generally, the cost of renting an apartment in Albania is relatively affordable compared to other European countries. Prices for apartments in the capital city of Tirana range from around €200 to €500 per month, while prices for apartments in other cities and towns are usually lower," remarked one foreigner who made the move to Albania.

Should I buy or rent a home in Albania?

If you have not spent a lot of time in Albania, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Buying a home in Albania can be a great investment, as the country is becoming increasingly popular with tourists and expats. However, it is important to consider the cost of living in Albania, as well as the availability of housing, before making a decision. Renting a home in Albania can be a great option for those who are not ready to commit to buying a home, as it allows for more flexibility and can be more cost-effective in the short-term. Ultimately, the decision to buy or rent a home in Albania should be based on individual needs and preferences," explained one person living in Albania.

What do I need to know when buying property in Albania?

When we asked expats what advice they would give a foreigner before buying a property in Albania, they said:

"Buying property in Albania involves a few important considerations. First, it is important to understand the real estate laws and regulations in Albania. It is recommended to obtain professional legal advice from a local lawyer to guide you through the buying process and ensure that the sale complies with local laws and regulations. Second, you may need to consider additional costs associated with the sale, such as taxes, transfer fees, and notary fees. Third, you will need to research and find a reputable local real estate agency to help you view, negotiate and purchase the property. Finally, it is recommended to have a detailed purchase contract in place with the seller, outlining the agreed upon terms of sale," explained one person living in Albania.

Are foreigners allowed to own property in Albania?

When we asked expats what advice they would give a foreigner before buying a property in Albania, they said...

"Yes, foreigners are allowed to own property in Albania. The Albanian government has implemented a number of laws and regulations that allow foreign citizens to purchase and own real estate in the country. Foreigners are allowed to purchase land, apartments, and other types of real estate in Albania, and they are also allowed to lease property. However, there are certain restrictions in place, such as the requirement that the property must be used for residential or commercial purposes, and that the foreign citizen must have a valid residence permit in order to purchase property. Additionally, foreign citizens are not allowed to purchase agricultural land in Albania," wrote one expat who made the move to Albania.

What appliances are typically included in a rental?

We asked foreigners in Albania what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"When renting a home in Albania, appliances that may typically be included are a washing machine, a refrigerator, a stove, and an oven. Depending on the property, additional items such as air conditioning and heating systems, dishwashers, and microwaves may also be provided," explained one person living in Albania.

Additional Information about Searching for a Home in Albania:

We asked foreigners in Albania what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats can search for homes in Albania by looking online for real estate listings, contacting local real estate agents, and asking for recommendations from other expats who have already moved to the country. Additionally, expats can look for rental listings on websites such as Airbnb and HomeAway, or search for long-term rental options on websites such as Expat.com," said one in Albania.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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