How overseas buyers buy property in Albania

What to know first

• GDP growth of 3.7-3.9% in 2025, projected to moderate slightly to 3.5-3.6% through 2026-2028 — a consistently solid growth profile
• Inflation running low at 2.2% (2025), gradually rising toward the Bank of Albania's 3% target by H2 2026 — one of the calmer inflation profiles of any market on this platform
• Foreigners can generally buy apartments and buildings in their own name, but land is restricted, so check any house with its own plot
• The real estate market operates almost entirely in EUR despite the lek being the official currency — pricing, escrow and contracts are typically euro-denominated, largely insulating buyers from ALL currency risk
• Lalzit Bay (featured on this platform) is an established Adriatic coastal resort area near Durrës, anchored by international hospitality brands

The general process

1. Confirm what foreigners may own in Albania and in which areas.
2. Set your budget in EUR, including taxes, fees and currency costs.
3. Shortlist areas and check the developer or seller.
4. Appoint an independent local lawyer before paying anything substantial.
5. Reserve, sign the contract, and pay through the approved channel.
6. Complete registration, and take tax advice in both countries on any rent or sale.

The exact steps and order differ by country and by project.

Financing for foreign buyers

Maximum loan to value

Limited for non-resident foreigners — Albania's mortgage market is comparatively underdeveloped

Typical rate

Bank of Albania base rate held at 2.5% through mid-2026 — a calm, low rate environment

Notes

Most foreign buyers purchase in cash or via developer instalment plans; confirm current bank policy directly before assuming financing is available

Residency through property

Programme

No dedicated golden-visa-style residency-by-property-investment program identified

Taxes and running costs

Income tax on rent

15% flat personal income tax on net rental income for non-residents (Albanian-sourced income)

Capital gains tax

15% flat on the profit (notarized sale price minus documented purchase price)

Area guides in Albania