Buying a property in Tirana/ How much does the real cost increase beyond the sales price?
Investropa's data on housing sales shows that in addition to the price of the apartment, buyers must also calculate several additional costs that arise after purchasing property in the capital.
Depending on whether it is an existing apartment or a new construction, buyers should add about 6% to 12% on top of the final price for existing homes and 4% to 9% for new construction, to cover taxes, fees, and furnishing or renovation costs.
For a property worth around $200,000 (around 16.4 million lekë or 169,500 euros), notary fees and registration typically cost $4,000–5,000. If the property is existing, renovation and furnishing can add another $10,000–25,000, bringing the total cost to $214,000 to $230,000.
Meanwhile, for a property worth $500,000 (about 40.9 million lek or 424,000 euros), fees and procedural costs can reach $8,000–12,000, while furnishings or additional investments can range from $20,000 to $50,000. In this case, the total cost can go up to $528,000–562,000.
While for luxury properties worth around $1 million (around 81.8 million lekë or 848,000 euros), transaction fees can range from $15,000 to $25,000. If it is a luxury residence that requires personalized furnishings, additional expenses can reach $50,000–100,000 or more, significantly increasing the final cost.
The Investropa study highlights that buying a property in Tirana, in addition to the announced price, has several other financial obligations. Transfer taxes are paid during the transfer of ownership and are calculated on the declared value of the property. Notary fees are necessary for the finalization of the purchase contract and usually range from 0.23% to 0.35% of the property value. Registration in the Cadastre (ASHK) is the step that formalizes ownership and has a cost of several tens to several hundred euros. If the transaction is carried out through a real estate agent, the commission is usually 1%–2% of the purchase price and remains negotiable.
In a market where the announced price is only the starting point of the investment, careful financial planning is essential to avoid unexpected costs and to have a realistic picture of the total expenditure.
The administration keeps excellent students employed - 1-year contract extended, employment termination avoided
The Council of Ministers has approved an amendment to the decision "On the temporary employment of students of excellence in state administration......
Births, Dibra suffers the strongest blow within the year/ Gjirokastra and Korça lead the long-term contraction, Tirana resists
The decline in births has deepened significantly in 2025, confirming a negative trend that is affecting the entire country. Compared to 2024, nationally,......
Kosovo's new government is formed - Prime Minister Kurti: The average salary in the public sector will be 1,000 euros
Following the constitution of the X Legislature with Speaker Albulena Haxhiu, the Assembly of the Republic of Kosovo yesterday evening voted with 66 votes in......
What happened in the foreign exchange market today?
The US dollar, although it has registered a slight increase since yesterday, has started this Thursday in decline, weakening again as it was bought today at......
"We need to simplify regulations" - Von der Leyen: EU to be more globally competitive
"The European Union must simplify regulations for companies doing business in the region in order to make the bloc more competitive against countries like......
Volkswagen negotiations bring new demands - The needs of electric car manufacturers from China
Major Chinese carmakers will be "knocking on Brussels' door" after Volkswagen secured a tariff break from the EU for its China-made Cupra Tavascan electric......
Rents threaten Greece's economic recovery - Unstoppable growth. Even government subsidies have had no impact
Greece's economy is recovering sharply from the 2009-2018 financial crisis. Growth is exceeding the EU average, the country is repaying its bailout loans......
The government provides 1.1 billion lek in compensation to owners affected by legalized constructions
The government has approved in its meeting today the financial compensation of the owners of real estate occupied by legalized constructions. The decision......
