Investing in Tirana Real Estate: Market Trends in 2025

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Is it worth buying an apartment in Tirana in 2025? At Globihome, we present specific real estate data in Albania with current apartment prices, the best neighborhoods for investment, and practical tips showing how to buy an apartment in Albania step by step. No jargon, just verified data and practical advice about the real estate market in Albania. Additionally, if you want to make real estate investments in Albania , at the end of the article, we provide free contact with an expert we collaborate with. Feel free to call, chat, and request current offers. From our analyses at Globihome, Albania is becoming one of the most interesting real estate markets in Southeastern Europe.

The real estate market in Tirana is experiencing a true revolution. Average property prices have increased by 12-15% compared to 2024, making the capital of Albania one of the most dynamically developing markets in the region. Apartments for sale in Tirana city center reach prices from 1800 to 2500 EUR per square meter. If you plan to buy real estate in Albania, be sure to read the entire article to avoid basic mistakes.

Is it worth investing in an apartment in Tirana?

Based on a 5-year analysis of the Albanian market, we can conclude that Albania real estate reviews from international investors are positive. The real magnet for buyers is Albania's potential accession to the European Union. When this happens, real estate prices will skyrocket! At Globihome, the most common advantages of the real estate market in Tirana we hear from clients are:

  • Tirana is the fastest-growing city in the Balkans with modern infrastructure and a dynamic economy
  • Real estate prices in Tirana are increasing by 12-15% annually
  • Long-term rental yields are 6-8% annually
  • No property purchase tax for foreigners
  • Economic stability - Albania maintains steady GDP growth at 3-4% annually
  • Rising incomes - average wages in Tirana have increased by 25% over the last 3 years
  • Infrastructure development - massive investments in roads, transport, and digital infrastructure
  • Membership in NATO and candidacy for EU ensures political stability
  • No restrictions for foreign investors in the real estate sector
Modern apartment building Tirana - new apartments for sale with terraces and balconies, luxury real estate Albania 2025

A key factor driving the increase in property values in Tirana is Albania's dynamic economic growth and intense urbanization. The country's capital attracts not only local residents from smaller towns but also an increasing number of foreign investors and professionals working in international corporations. At Globihome, we have observed this trend for several years - apartments in the center of Tirana, which three years ago could be bought for 1,200 EUR per square meter, now reach almost double the prices.

Clients choose to purchase property in Albania because there is already a noticeable increase in value. On our Globihome blog, be sure to check out tips on how to buy property in Albanian Saranda, or why it's worth considering real estate in Vlore and what characterizes the real estate market in Golem.

Of all these Albanian cities, apartment owners in Tirana record a profitability level of 6-8% annually from long-term rentals, and even more in the case of office spaces or short-term rentals. In practice, this means that an apartment worth 120,000 EUR can generate an income of about 7,200-9,600 EUR annually from long-term rental.

Apartment Prices in Tirana 2025 - Current Market Analysis

The real estate market in Tirana is currently experiencing a phase of intensive growth. Albania is developing strongly and aims to join the European Union. In the city center, new fully finished apartments reach prices from 1,800 to 2,500 EUR per square meter. Prestigious locations, such as the Blloku district or areas around Skanderbeg Square, can even exceed 3,000 EUR/m². This is still significantly less than in comparable capitals of the region, where similar properties cost up to three times more.

An important aspect is that in the price of a new apartment in Tirana, you get a fully finished setup, which includes built-in kitchen furniture, bathroom, floor tiles, doors, and painted walls. This is a great convenience for foreign investors and a big plus for Albanian standards, which are not found in many European countries. The same rules apply to buyers of real estate in Albania , regardless of whether you decide on real estate in Saranda or investment in real estate in Vlora.

To buy an interesting apartment in Tirana, it's worth having a budget of at least 120,000 EUR. There are also opportunities on the secondary market at lower prices, but we recommend thoroughly checking the legal aspects of such a property. A detailed check of the property can be done in cooperation with a local lawyer or notary, or with the services of real estate agents.

Average Apartment Prices in Tirana 2025:

  • Studio (35-45m²): from 70,000 EUR in the center, from 50,000 EUR in the outskirts
  • Two-bedroom apartment (55-70m²): from 110,000 EUR in the center, from 80,000 EUR in the outskirts
  • Three-bedroom apartment (80-100m²): from 160,000 EUR in the center, from 120,000 EUR in the outskirts
  • Penthouse with terrace: from 250,000 EUR upwards

Best Districts in Tirana for Apartment Purchase

Luxury apartments in Tirana with commercial premises - modern apartments for sale in the center with restaurants and cafes

Blloku - The Most Prestigious District in Tirana

Blloku is undoubtedly the most exclusive part of Tirana, where once only the elite lived, and today the most expensive apartments, restaurants, and clubs are located. The district offers modern apartment buildings with the highest finishing standards and excellent entertainment infrastructure.

Apartments in Blloku can be bought in 2025 at the following prices:

  • Studio apartments: from 85,000 EUR
  • Two-room apartments: from 120,000 EUR
  • Penthouse with terrace: from 300,000 EUR

Blloku is the jewel of Tirana, offering:

  • The highest standard of living in the capital
  • Numerous restaurants, bars, and nightclubs
  • Modern apartment buildings with underground garages
  • Excellent connectivity to the center
  • The highest short-term rental profitability

Center - Skanderbeg Square and surroundings ideal for property purchase

The historic center of Tirana with Skanderbeg Square is the heart of the city, where tradition meets modernity.

Property prices in the center of Tirana in 2025:

  • Studio apartments: from 80,000 EUR
  • Two-room apartments: from 120,000 EUR
  • Apartments with a view of the Square: from 200,000 EUR

The center of Tirana is the ideal location for those who value:

  • Proximity to main cultural attractions
  • Excellent public transportation
  • Historic character with modern amenities
  • Stable rental market year-round
  • High potential for property value increase

Kombinat - the future district with new properties

Kombinat is a rapidly developing area attracting young singles and families looking for modern apartments at affordable prices. New estates with full sports and recreational infrastructure are being established here.

Prices in the Kombinat district:

  • Studio apartments: from 60,000 EUR
  • Two-room apartments: from 90,000 EUR
  • Family three-room apartments: from 130,000 EUR

Kombinat offers:

  • Modern estates with green areas
  • Excellent connectivity to the center (15 minutes)
  • Competitive prices with high standards
  • Developing commercial infrastructure
  • Ideal location for families with children

Tirana Apartments - New investments vs secondary market 2025

Modern skyscrapers Tirana - luxury apartments in high-rises in the center of Albania's capital, premium real estate 2025

New apartments in Tirana - primary market

New apartments in Tirana offer the highest standard of living, modern technological solutions, and often additional infrastructure like pools, gyms, and recreational areas. Developers in Tirana focus on energy-efficient technologies and well-thought-out apartment layouts. Purchasing property from the primary market in Tirana gives you a developer's warranty, the option to choose the finishing standard and flexible payment schedules.

Payment installments when purchasing real estate on the primary market in Tirana 2025 are as follows:

10% during reservation 50% after signing the notarial deed 20% according to the progress of construction works 15% upon apartment delivery 5% after receiving the ownership certificate

Second-hand apartments in Tirana - secondary market

Properties from the secondary market in Tirana often offer more competitive prices and the unique character of older buildings. Payment distribution is simpler:

10% during reservation 90% after signing the notarial deed and receiving the ownership certificate

When buying an apartment from the secondary market, it's crucial to thoroughly analyze the legal aspects of the property by collaborating with a local agent and notary. We do not recommend doing this on your own. We have known cases where individuals tried to check the legal status of a property on the secondary market independently and eventually returned to us at Globihome to consult with a specialist in this field. It's truly worth taking advantage of experts' knowledge.

Apartment rental in Tirana - profitability and return on investment

Very often, our Globihome readers decide to purchase real estate in Albania to live in it for several months of the year and rent it out for the rest. There are also investors who buy apartments specifically for rental purposes. Tirana is a good destination for such purposes, as it offers a stable rental market. The capital also attracts more and more remote workers, increasing demand for medium and long-term rentals.

Long-term rental in Tirana (year-round):

Standard apartments:

  • Studio (35m²): 400-550 EUR/month
  • 2-room apartment (60m²): 600-800 EUR/month
  • 3-room apartment (85m²): 800-1200 EUR/month

Premium apartments (Blloku, center):

  • Studio: 600-800 EUR/month
  • 2-room apartment: 900-1300 EUR/month
  • Penthouse: 1500-2500 EUR/month
New Tirana apartments with terraces - apartments for sale in a modern complex with cafes and restaurants

Short-term rental in Tirana:

Daily rates (tourist apartments):

  • Studio: 35-50 EUR/day
  • 2-room apartment: 55-80 EUR/day
  • Premium apartment: 90-150 EUR/day

Calculation of rental profitability in Tirana:

For a 2-room apartment worth 140,000 EUR:

Annual income from long-term rental: 8400 EUR (700 EUR x 12 months)

Annual costs:

  • Utilities and maintenance: 2400 EUR
  • Rental management: 1680 EUR (20% of income)
  • Total costs: 4080 EUR

Annual profit: 4,320 EUR (yield 3.1%)

For short-term rental at 60% occupancy: Annual income: 14,600 EUR Profit after costs: 8,900 EUR (yield 6.4%)

Tirana or Saranda apartments - where to invest?

Choosing between investing in Tirana or Saranda is a decision faced by many property buyers in Albania. Each location offers unique benefits.

Tirana stands out for its stability and year-round demand:

  • Average return from long-term rental: 6-8% annually
  • Property value growth: 12-15% in 2024
  • Prices from 1,800 EUR/m² with potential for further growth
  • Stable rental market throughout the year
  • Developing business infrastructure

Saranda offers higher seasonal profits:

  • Higher return from short-term rental: 8-10% annually
  • Prices from 1,400 EUR/m² - lower entry threshold
  • 300 sunny days a year
  • Planned international airport
  • Ideal for vacation rentals
Sea-view apartments Albania - luxury apartments with marina and ocean views, seaside properties 2025

For investors focused on stable, long-term profit and value growth, Tirana currently represents a very promising choice. Especially for those who prefer predictable income throughout the year. Meanwhile, if you are considering purchasing property in Saranda, be sure to read our article on Saranda properties.

What are the costs of buying an apartment in Tirana - all fees 2025

When planning to buy an apartment in Tirana, besides the price of the property itself, you need to consider additional costs. One of the main advantages of investing in Albania is the absence of property purchase tax, which significantly reduces total transaction costs.

Key additional costs when buying an apartment in Tirana:

  • Notary: 200-500 EUR
  • Translator: 80-200 EUR
  • Property and utilities registration: 150-250 EUR
  • Necessary certificates: 100-150 EUR
  • Property purchase tax: 0%

To purchase property in Tirana, only a passport or ID card is required, and additional costs are a maximum of 1,500 EUR.

Apartment maintenance costs in Tirana 2025

Property maintenance costs in Tirana are competitive compared to other European capitals, which positively affects the profitability of the investment.

Monthly maintenance costs for a 60m² apartment in Tirana:

  • Administrative rent: 30-50 EUR per month
  • Electricity: 40-70 EUR per month (higher consumption in winter due to heating)
  • Water: 15-25 EUR per month
  • Internet: 20-30 EUR per month
  • Property insurance: 200-400 EUR annually

Annual fixed costs: approximately 1,800-2,400 EUR

If you use a rental management agency, their commission is typically between 15% and 25% of the rental income.

How to buy an apartment in Albania step by step - procedure

The property purchase process in Tirana is simple and transparent. It usually takes 3-4 weeks and includes:

  • Selecting a property and making a preliminary reservation (deposit of 1,000-3,000 EUR)
  • Due diligence and legal verification in the property register
  • Signing a preliminary contract with the developer/owner
  • Preparation of documentation and translations into Albanian
  • Finalizing at the notary and signing the final deed
  • Handing over the keys and registering ownership

It is possible to purchase property without having to travel to Albania. You just need to grant power of attorney to your real estate agent with an Apostille certification.

Eco-friendly skyscraper Tirana - model of a modern apartment building with green terraces and premium apartments

Tirana Expansion 2025 - transport and infrastructure

Tirana is currently undergoing the largest infrastructure modernization in its history, which significantly enhances the city's investment appeal.

Key infrastructural investments 2025:

  • Airport expansion Mother Teresa - increasing capacity
  • Construction of a tram system connecting the main districts
  • Road modernization and construction of new transportation arteries
  • Central park - the largest green infrastructure project
  • New business centers in the New Boulevard district

Communication with Tirana:

  • Airport: 20 minutes from the center (direct flights to over 40 European cities)
  • Highways: connections to Durres (38 min), Elbasan (45 min)
  • Public transport: extensive bus network, planned tram
  • Taxi/Uber: available throughout the city
Modern residential complex in Tirana - apartments with colorful balconies and mountain views Albania 2025
Luxury apartment building in Tirana - premium apartments with marble facade and large windows, real estate Albania 2025
Modern skyscrapers in Tirana - high-rise apartments with colorful stone facade, premium apartments Albania
Residential complex in Tirana with a courtyard - premium apartments with marble facade and common space 2025

Frequently Asked Questions about Real Estate in Tirana

How much does an apartment in Tirana cost?

Apartment prices in Tirana start at 1800 EUR/m² in the city center, reaching up to 3000 EUR/m² for luxury apartments in prestigious locations like Blloku. The average price for a 2-room apartment in Tirana is 120,000-160,000 EUR.

What is the return on investment for an apartment in Tirana?

The profitability of an apartment in Tirana is on average 6-8% annually for long-term rentals and can exceed 8% for short-term rentals in premium locations. The return on investment in Tirana is one of the highest in the region.

Which districts in Tirana are best for investment?

The best districts in Tirana are Blloku (highest profitability), city center (stable value growth), and the developing Kombinat (best price/quality ratio). Where to buy an apartment in Tirana depends on the investment strategy and budget.

Can you buy an apartment in Tirana remotely?

Yes, buying an apartment in Tirana without traveling is possible through a power of attorney with Apostille certification. It's a standard and safe procedure used by foreign investors in Tirana.

What are the maintenance costs of an apartment in Tirana?

Monthly maintenance costs for a 60m² apartment are about 150-200 EUR (utilities, administration, internet), which is significantly lower than in other European capitals. Apartment expenses in Tirana are among the lowest in the region.

Is it worth investing in apartments in Tirana for the long term?

Long-term investment in Tirana is very profitable due to stable property value growth (12-15% annually) and high rental profitability. An apartment in Tirana as a long-term investment is an excellent choice for savvy investors.

Summary: Tirana Investment Prospects 2025

Tirana in 2025 is at a turning point in its development. Intensive infrastructure investments, growing business activity, and the influx of international companies create a unique window of opportunity for savvy investors.

With an average long-term rental return of 6-8% annually and forecasted property value increases of 12-15% per year, investing in Tirana can offer the ideal blend of stability and growth potential.

Albania's capital offers what contemporary investors are looking for: predictable rental income, potential for value growth, and high quality of life in the heart of a dynamically developing region. If you wish to purchase real estate in Tirana, contact our real estate agent partner. They are our trusted partner. You'll receive the best offers and excellent, professional assistance throughout the entire property purchasing process in Albania.

E

Ertigen Zoga

Real estate agent & co-author

I have been serving clients for 4 years

Location:
Albania, Tirana
Languages:

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