The "green light" for property revaluation opens - From January 1 to December 31, 2026, tax rate 5%
Albanian citizens will once again have the opportunity to carry out the revaluation of real estate within a limited period, from January 1, 2026 to December 31, 2026.
Requests for revaluation submitted to the State Cadastre Agency, which have not been processed by December 31, 2026, are considered subject to revaluation under this law, if the tax payment is made by March 31, 2027.
The draft law on "Revaluation of Real Estate" has been submitted for discussion in parliamentary committees, and upon approval, it will allow apartments to be revalued at a 5 percent tax rate to bring them to current market value.
Referring to the draft, the choice of a one-year period was made taking into account the balance between sufficient time to inform and prepare citizens, and the need to maintain the temporary character of the measure, so as not to distort the normal functioning of the market.
According to the draft, the revaluation is carried out by licensed experts and a 5% tax is paid on the difference in value, without including this difference in tax depreciation.
Legal entities, for this revaluation, pay 5 percent of the difference between the revaluation value and the recorded accounting value for the real estate.
This draft law is also expected to have a positive impact on state budget revenues through increased revenues from the revaluation tax, which, without the need for changes to existing tax rates.
This is the fourth time that a revaluation campaign has been applied by the government, the first being in 2011-2013 with a 1% tax rate, the second in 2016-2017 with a 2% tax rate and 2020-2022 with a 3% tax rate. In all three processes, a total of over 254 thousand applications have been registered and the tax value paid has been recorded at 23.5 billion lek.
Safety at work, how does Albania rank? Fatality rate: Above the EU average, but better than France and Austria
Albania recorded a rate of 2.8 work-related fatalities per 100,000 employees in 2024. With 33 workplace fatalities, the country is positioned above the......
German government "boosts" domestic industry - Subsidizes energy prices until 2028
Germany's governing coalition has agreed to subsidize energy prices for heavy industry over the next three years, in an attempt to give the economy a......
China 'secretly' buys large amounts of gold - Adds reserves to reduce dependence on the US dollar
China's unreported gold purchases could be more than 10 times larger than official figures as the country quietly tries to diversify its reserves and reduce......
Albanian products, more towards Spain and Greece/ The two main partners with the greatest increase in exports in ten months
In October 2025, exports of goods reached 31 billion lekë, marking a slight increase of 1.0% compared to October 2024 and a monthly increase of 14.5%......
Albania opens the last group chapter of negotiations - Rama: We will do everything to ensure that the process does not stop
Albania has officially opened the final chapter of negotiations for membership in the European Union. In his speech, Prime Minister Edi Rama said that there......
Switzerland's economy shrank for the first time in 2 years - 0.5% drop reflects impact of US tariffs before deal
The Swiss economy shrank in the third quarter for the first time in more than two years, highlighting the impact that high U.S. tariffs had before officials......
In the first 10 months, Albania welcomes over 11 million visitors - Minister Gonxha: 7% more tourists than a year ago
Albania continues to experience an increase in tourist influx throughout 2025. The Minister of Tourism, Culture and Sports, Blendi Gonxhja, announced in a......
Greece, the number of tourists increases by over 22% - Only Serbia and Malta recorded better results in Europe
Greece has seen one of the biggest increases in international arrivals in Europe compared to 2019. The country also appears to be benefiting from new trends......
