The former Bloc and the Paris Commune, a "magnet" for foreigners/ Investropa: The most preferred neighborhoods for buying apartments in the capital
In recent years, Tirana has become one of the capitals with high demand for real estate. In addition to Albanian citizens who choose the capital due to the wider job market and educational opportunities, Tirana continues to attract returning Albanian emigrants, as well as foreigners who see Albania as a new destination to live and work.
According to a study published by Investropa, the former Blloku remains the most sought-after area for foreigners investing in real estate. Property prices in this area range from 250 thousand to around 700 thousand euros, reflecting strong demand from professionals and foreigners who want to be in the heart of the city.
Another area that has gained popularity is the Paris Commune, preferred by families and foreigners looking for modern environments at more moderate prices. Apartments in new complexes, equipped with modern facilities, cost from 150 thousand to 300 thousand euros. Also, the Artificial Lake area is one of the most sought after by foreigners who want to buy property in the country.
According to the data, the most represented nationalities in these areas are Americans, Germans, Italians and British, as well as a growing number of digital nomads, attracted by the low cost of living and mild climate that Albania offers.
The rental market is also dynamic. 35% is divided between families, resident foreigners and seasonal renters. Compared to a year ago, the average time a property stays on the market has decreased slightly, reflecting tighter conditions and continued high demand, especially from young professionals and foreigners moving to the capital.
Ibrahimaj signs the Social Security Agreement between Albania and Poland!
The Minister of Economy and Innovation, Delina Ibrahimaj, signed the Social Security Agreement between the Republic of Albania and the Republic of Poland,......
Less energy revenue for Russia - Western sanctions had no effect. Moscow sells oil at lower prices
The money Russia earned from oil and gas exports has fallen over the past 12 months, even as exports rose in volume, according to data released Tuesday, on......
Today, four years of war in Ukraine - EU leaders in Kiev. "Hungary to unblock 90 billion euros in aid"
Russia's war in Ukraine is entering its fifth year on Tuesday, with leaders from across the European Union gathering in Kiev in a huge show of support. For......
From 1% to 5%, the history of property revaluation. How many properties were revalued over the years and how much revenue has the state generated?
The launch of the real estate revaluation process has been formalized, reducing the tax to 5%, from the previous 15%. The joint instruction of the Ministry......
Osmani: American presence vital for Kosovo's security!
The President of the Republic of Kosovo, Vjosa Osmani, received yesterday in a farewell meeting the outgoing Commander of the KFOR Regional Command East,......
Vengu meets Hungarian counterpart in Budapest: Deepened partnership in defense and support for European integration
The Minister of Defense of Albania, Pirro Vengu, held a joint press conference today with his Hungarian counterpart, Kristóf Szalay-Bobrovniczky, following......
Suspension of the new Entry/Exit System is requested - To avoid the chaos of summer tourist trips to the EU
Air transport organisations are calling for urgent action to prevent the EU's new Entry/Exit System (EES) from causing chaos during summer travel. The full......
General growth in the foreign exchange market – The Franc, the Pound and the Dollar strengthen!
The US dollar, after the significant weakening it suffered yesterday, has recorded a slight increase in value this morning as it was bought at 81.3 lek and......
