A guide to buying property in Albania
As with the purchase of land in most other European countries, buying in Albania has two basic steps – the signing of a purchase contract, and the registration of the purchase contract with the Albanian real estate authorities.
Albanian law allows foreign property investors to own property and no permission or authorisation is needed. However, it is worth checking all land ownership deeds carefully as there have been some disagreements in the past – we advise employing a local solicitor who will be able to guide you through all the necessary paperwork. However, if you are looking to invest in real estate in Albania, you will need prior approval. You will also only be allowed to acquire construction land if the value of your investment is triple the value of the land itself.
