If you want to purchase a home in a highly desirable tourist destination with a developing real estate market, Albania is surely worth your consideration.
Investors are currently particularly interested in cities like Tirana, Durres, and Vlore, but there are still many captivating destinations in this country; it just depends on your choices and wishes.
Albania offers a number of tax incentives to those who want to invest in real estate there and even create businesses there.
The cost of housing is particularly appealing, averaging between 1000 and 2000 Euros per square meter, which cannot be compared with most European countries.
Of course, these are only approximate prices, because they are frequently more in the tourist destinations of Saranda and Dhermi than they are in the capital. The type of house and other factors play a big role.
However, if you look at the average indicators, they are fairly appealing to both investors and people looking for housing in a lovely, comfortable location.
Benefits of purchasing real estate in Albania
If we summarize the advantages already mentioned and add others, then real estate in Albania is worth buying for several reasons:
- Really affordable prices. It is for this reason that many investors purchase several properties at once. We may anticipate that these investments will pay off well in the long run thanks to the nation’s consistent economic growth.
- Active tourism. Renting out a home in Albania is always an option, even after it has increased in cost, thus purchasing real estate will never be unnecessary.
- These activities generate a considerable amount of money during the busy season, making the buying of a home an attractive investment.
- Incredibly beautiful nature. This is important for recreation, for profitable investments, as well as for running many types of business. It can be related to tourism, photography, video shooting, blogging and other areas in which aesthetics play an important role.
Of course, as in any country, Albania has its own nuances. One of the obvious problems is the low quality of public and intercity transport. If you are attracted by real estate prices in Albania and other advantages of this country, be prepared for the fact that searching for housing will take some time. We recommend not to rely on buses. It is better to rent a car in which you can easily move from city to city and get acquainted with the objects you like.
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Choose a car from our catalog, fill out an online application in a couple of minutes – and calmly choose a property to buy in any city! This is not only more convenient and faster, but also much cheaper than choosing any other methods.
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