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Albania as the Best Alternative to Expensive Popular Resorts

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Realtors recommend buyers to consider the beach line, and government does everything to make you stay.

Real Estate Agents Advice

According to real estate agents in Albania, it is still profitable to invest in resort housing. Claydi Memaidini from the real estate company Devinf says, the yield on housing on the coast of Durres is at least 0.5-0.6% per month. That is, the investment should return in 18-20 years, the Albanian Daily News reports.

Rental rates are increasing every year: for example, now the daily rent of a villa in the season brings up to €300 in the Lalez Bay, a one-bedroom apartment can bring €60, and an elite cottage for the whole season can easily cost up to €10,000-12,000.

According to the agents, the highest return on investment is in the south of the country. For example, investments in the purchase can be "repelled" in 4-5 years by renting out housing in an elite compound. An additional advantage is the ability to freely take out loans from local banks.

Available properties in Albania:
Villa for 550 000 euro in Albania
550 000 €
Villa in Albania
310 sq.m 5 4 5
A twin Villa for sale on a 1200 m square land plot, two villas of 430m square each, two floors + underground, 6 parking spaces. Can be sold together or you can purchase only one. (price indicated in the listing refers to only one villa and half of the land plot)
Habita International Estates Ltd
Apartment for 138 000 euro in Saranda, Albania
138 000 €
Apartment in Saranda, Albania
90 sq.m 3 2 2
Residence Online Viewing Remote Transaction
A great offer in the sunny city of Saranda is a large, spacious apartment with two bedrooms and two bathrooms, with a total area of 110 m2. Large balcony-terrace with sea and city views. The apartment is partially furnished. Good location near the center, to the city beach and to the city center less than 15 minutes on foot. Full package of...
TekilaRealEstate
Apartment for 125 000 euro in Saranda, Albania
125 000 €
Apartment in Saranda, Albania
120 sq.m 3 2 1
Residence Online Viewing Remote Transaction
Great offer! large, spacious and bright apartment in a new house, on the first line. private beach, secured Parking, good administration of the house, many shops, cafes, restaurants within walking distance... The center of Saranda and the city embankment can be reached in less than 15 minutes on foot. quiet and peaceful area, clean sea, several...
TekilaRealEstate
Apartment for 74 000 euro in Saranda, Albania
74 000 €
Apartment in Saranda, Albania
80 sq.m 2 1
Residence Online Viewing Remote Transaction
Apartment with sea view, located in the center of Saranda. total area of 80m2, spacious living room, large bathroom, 2 balconies the house is located in a good area with developed infrastructure, fully populated, there is an elevator, Internet. The apartment is fully furnished and ready to move in there is an administrator in the house. the...
TekilaRealEstate
House for 75 000 euro in Durres, Albania
75 000 €
House in Durres, Albania
72 sq.m 3
Residence Online Viewing Remote Transaction
Compact comfortable house with a yard and a garden just a kilometer from the beach. Urban area, good infrastructure. there is a permit for the construction of 2 floors. Two bedrooms.
Lux-Albania HOME
House for 120 000 euro in Durres, Albania
120 000 €
House in Durres, Albania
150 sq.m 4 3 2
Residence Online Viewing Remote Transaction
Apartment for sale in Durres, Albania. The house is located in the suburb of Durres, 500 meters from the sea. It has a plot of 10 acres, which is rare in Albania. We are ready to organize online screening and remote registration of documents, including a residence permit. We provide a full range of services in Albania - transfer, car...
Albania4you
Flat for 58 000 euro in Durres, Albania
58 000 €
Flat in Durres, Albania
65 sq.m 2 1 1
Residence Online Viewing Remote Transaction
Cozy 1+1 apartment in an almost new house in Golem. The beach and the promenade are 150 m away. 65 m2 Finished, fully furnished. Third floor, large loggia, convenient communication with Durres. Prestigious area. Price 58,000 euros
Lux-Albania HOME
Flat for 58 000 euro in Durres, Albania
58 000 €
Flat in Durres, Albania
65 sq.m 2 1 1
Residence
Apartment 1+1 65 m2 Third floor, beautiful resort area. Fully furnished. The sandy beach and the promenade are 150 m away. There are 2 more similar apartments nearby for sale. 58,000 euros
Lux-Albania HOME
Apartment for 115 000 euro in Vlore, Albania
115 000 €
Apartment in Vlore, Albania
66 sq.m 3 2 1
Contact a Habita representative for more information about this facility.
Habita International Estates Ltd
Flat for 80 000 euro in Durres, Albania
80 000 €
Flat in Durres, Albania
65 sq.m 2 1 1
Apartment 1+1 with luxury renovation 10 km from Durres,. Prestigious area, pine forest. Shops, restaurants. The sea is 100 m away. A package of documents. 80,000 euros
Lux-Albania HOME
Flat for 55 000 euro in Durres, Albania
55 000 €
Flat in Durres, Albania
42 sq.m 1 1 1
Residence Online Viewing Remote Transaction Rental property
The apartment is located on the 9th floor in a building with an elevator in the tourist area Plazh. Very good location, new house. Ready for rent, available on Booking, high rating! There are lots of cafes, restaurants, shops nearby. We are ready to organize an online presentation and remote execution of documents, including a residence...
Albania4you
House for 160 000 euro in Vlore, Albania
160 000 €
House in Vlore, Albania
74 sq.m 3 2 1
Contact a Habita representative for more information about this facility.
Habita International Estates Ltd
House for 90 000 euro in Vlore, Albania
90 000 €
House in Vlore, Albania
117 sq.m 4 2 2
Contact a Habita representative for more information about this facility.
Habita International Estates Ltd
Studio for 47 500 euro in Durres, Albania
47 500 €
Studio in Durres, Albania
42 sq.m 1
Residence Online Viewing Remote Transaction
New furnished studio a couple hundred meters from the sea and from the city center in an area that operates all year round. REGISTRATION OF A RESIDENCE PERMIT BY OUR COMPANY'S LAWYERS AS A GIFT!
ALBANIA EXPERT
Apartment for 207 000 euro in Saranda, Albania
207 000 €
Apartment in Saranda, Albania
101 sq.m 3 2 1
Residence Online Viewing Remote Transaction
Fantastic apartment with two bedrooms and a spacious sunny living room in the center of Saranda! Large terrace with direct view of the Ionian Sea. The house has an elevator, an administrator and a management company. The price of the apartment includes a garage!
TekilaRealEstate
Apartment for 70 000 euro in Durres, Albania
70 000 €
Apartment in Durres, Albania
80 sq.m 2 1 1
Residence Online Viewing Remote Transaction
Apartment for sale 1+1 with a total area of 80 m2, located on the 10th floor of a new building with an elevator. The apartment is organized: - living room + kitchen area - Bedroom - toilet - balcony
ALBPRO
Flat for 70 000 euro in Durres, Albania
70 000 €
Flat in Durres, Albania
73 sq.m 2 1 1
Residence
Apartment with Sea View 1+1 near Center 73 M2
Lux-Albania HOME
Apartment for 100 000 euro in Durres, Albania
100 000 €
Apartment in Durres, Albania
65 sq.m 2 1 1
Residence Online Viewing Remote Transaction
Apartment for sale 1+1 with a total area of 65m2 is located on the 4th floor of a new building with an elevator and is organized:- Living room+Kitchen- 1 bedroom-1 toilet- Balcony
ALBPRO
Apartment for 93 000 euro in Durres, Albania
93 000 €
Apartment in Durres, Albania
70 sq.m 2 1 1
Residence Online Viewing Remote Transaction
Apartment for sale with sea view
ALBPRO
Flat for 87 000 euro in Durres, Albania
87 000 €
Flat in Durres, Albania
95 sq.m 3 2 1
Residence Online Viewing
Apartment 2+1 is located on the coast of Durres, Shkembi Kavaes district near the Majestic Hotel. The beach is 50 meters away. The apartment has 3 balconies, one with a sea view. The apartment has undergone cosmetic renovations. There are shops, cafes, restaurants, and a bus station within walking distance. The apartment is ready for sale. All...
Private person

One More Selling Point

The share of non-residents in the country's housing market reaches 35%. Knowing that the Parliament of Albania in the new law "On foreigners", the owners of Albanian real estate will be able to obtain a residence permit in Albania.

In order to obtain a residence permit, a foreigner must own at least half of the area of the real estate, but not less than 20 sq.m. The limit on the cost of a property has not yet been declared. But under the same law, pensioners and digital nomads will also be able to obtain a residence permit in Albania.

Seniors will be allowed to apply for a permit for one year. They will have to prove that their annual pension is at least 1.2 million lek (€9,800) and enough financial resources to support themselves and their family members (the exact amount is not given). They also need to provide proof of the existence of a bank account in Albania, to which the pension will be transferred. Other requirements are medical insurance, a notarized lease agreement or proof of ownership and a certificate of non-criminal record from the home country. Probably, after the first year, they will be able to apply for a permit for two years, another permit for two years, then for five years, and then for permanent residence.

Digital nomads will be able to apply for a permit for a period of one year, then for two years, for five years and for permanent residence. They must provide a contract for working in a foreign company, a contract for servicing a foreign contractor or client with whom they plan to cooperate remotely. They will also be required to provide proof of the availability of financial resources to support themselves and their family (the figure is not specified), proof of a bank account in Albania, proof of residence in Albania (a lease agreement or ownership certificate), medical insurance and a certificate of non-criminal record.

Countries that issue residence permit by real estate investment:
Georgia
Residence permit in Georgia for real estate buyers
Residence permit
from 100 000 $
UAE
Visa by Investment in Residential Property
Residence permit For 4 months
from 204 000 $
Latvia
Residence by Property Investment Program
Residence permit For 2 months
from 262 500 €
Andorra
Residence permit in Andorra for investment
Residence permit For 3 months
from 600 000 €
Montenegro
Montenegro Residence Permit by Property Purchase
Residence permit For 2 months
from 30 000 €
Turkey
Residence Permit In Turkey - Real Estate
Residence permit For 2 months
from 50 000 $
Spain
Residency Visa For Acquisition Of Real Estate (Golden visa)
Residence permit For 2 months
from 500 000 €
UAE
Long-term residence visas in the UAE
Residence permit For 1 month
from 1 350 000 $
Greece
Residence Permit in Greece by Real Estate Investment (Golden visa)
Residence permit For 2 months
from 250 000 €

Quoting conditions of Prian.info materials

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Tags: Albania, Market Analysis, Investment, Cheap property, Residence permit and citizenship

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