Official/ Property revaluation will be done by 5%- Implementation period will be from January 1 to September 30, 2026
The government paves the way for another real estate revaluation process.
From January 1 to September 30, 2026, citizens and businesses will have the opportunity to revalue their properties, bringing them closer to real market prices. This new initiative aims to increase transparency in the real estate market and bring more revenue to the state budget, without increasing existing tax rates.
Unlike previous times, where the revaluation tax rate ranged from 1 to 3 percent, this time the tax will be 5 percent on the difference in value. The law will also include assets that are in the process of registration or legalization, while legal entities will be required to have a revaluation by licensed experts.
The continuous increase in housing prices with an average of over 20 percent during 2024 alone is one of the main reasons that has pushed the government to take this step. According to the Bank of Albania, the property market is undergoing rapid changes, so updating the value of properties is considered necessary for both fiscal and urban planning purposes.
Concrete instructions for the implementation of the process are expected to be determined by a decision of the Council of Ministers and through a joint instruction of the Ministry of Finance and the Cadastre Agency.
What did we export and to which countries? Italy and Kosovo received the most from Albania
Albania continues to export and import various products according to domestic demands and the needs of trading partners. According to data published by......
Online purchases and postal deliveries from abroad/ Here's what you need to know about the tax-free limit
At a time when online shopping has become an inseparable part of daily life, Albanian Customs informs through a post on social networks that citizens who......
Who is excluded from the OSHEE agreement? Hima: New schemes give customers the opportunity to repay their obligations
Regarding the OSHEE Group agreement for the settlement of arrears of electricity, the director of the sales and collection department, Mentor Hima, in a......
Barren lands, in international auction/ Balluku: Municipalities will become partners in development
Deputy Prime Minister, Minister of Infrastructure and Energy, Belinda Balluku, has declared the launch of a new process in cooperation with all......
Growth Plan, EU receives "guarantee" for funds Guidance/Measures for audit and transparent use
The European Union has received a "guarantee" from the Albanian government that the funds to be provided under the Western Balkans Growth Plan will be......
By-Pass for traffic diversion in Saranda/ The first phase of the new entrance-exit from the city begins
The Albanian Road Authority has announced the opening of the tender for the construction of the Saranda By-Pass, Phase I. The limit fund for this project is......
Tourism strongly increases fuel consumption/ 345 thousand tons cleared in the first half of the year
The tourist season and the use of weekends or early summer vacations by Albanian citizens have significantly increased fuel consumption in the country. Oil......
Albania, more domestic debt than in 2024/ Ministry of Finance: In 6 months, 232.6 billion lek were issued in government securities
The Ministry of Finance has issued 30.5 billion lek in government securities during June. Most of the issuances result in long-term instruments.......
