Property for Sale in Durrës, Albania — Homes by the Sea - Page 86
BUSINESS PREMISES IN VOLLGA FOR SALE!
For sale, Attic 2+1+2, Carts, Kavaje
Rent, Apartment 2+2, Volga, Durres.
AMBIENT FOR SALE IN DURRES BEACH 304.2 m2!
For sale, Apartment 2+1, Volga, Durres
For sale, Apartment 1+1, Near Hotel "Palace", Durres
Durrës pairs an ancient port city with kilometres of sandy beach and a shallow, warm Adriatic that suits families. Buyers are drawn by the short hop to Tirana airport, the fast link to the capital and a long tourist season. Investors purchase for strong holiday-let demand and capital growth, while holiday and full-time buyers value year-round life beside the water and an easy, walkable seafront.
Frequent questions
What do properties cost to buy in Durrës?
Durrës generally remains cheaper than the southern Riviera.
Is Durrës a good buy-to-let investment?
Yes. Sandy beaches, closeness to Tirana and the airport and a long season drive strong seasonal rental demand, especially in summer. Properties near the shore let easily and offer scope for capital growth over time.
How far is Durrës from the airport and Tirana?
Durrës is roughly a half-hour drive from Tirana International Airport and about the same from central Tirana via the highway. That proximity makes it practical for both holiday use and year-round living.
Can a foreigner buy property in Albania?
Yes. Foreign individuals can freely buy apartments and buildings in Albania in their own name, with no citizenship or residency requirement. Agricultural land is the main exception: foreigners cannot own it directly, but may access it through a local company or a long-term lease.
How does the buying process work and what does it cost?
Purchases are finalised before a public notary, who verifies title, then registered at the State Cadastre Agency (ASHK). Budget for notary fees, a property transfer tax of roughly two to three percent of the reference value, and modest ASHK registration fees. Registration usually takes a few weeks.
Does buying property help with a residence permit?
Owning property can support an Albanian residence permit application, typically issued for one year and renewable. Property ownership alone does not grant automatic citizenship. Recent amendments to the law on foreigners may set minimum investment thresholds, so confirm current requirements with Albanian immigration authorities before relying on them.
Why invest in the Albanian coast?
The Albanian coast benefits from fast-growing tourism, with record visitor numbers and surging short-let demand. Coastal short-term rentals commonly target high single-digit to low double-digit gross yields, while prices remain well below neighbouring Mediterranean markets. New infrastructure, including Vlora airport, supports continued interest.
How are rental income and capital gains taxed?
Rental income earned by individuals is generally taxed at a flat fifteen percent, with certain maintenance and management expenses deductible. Profit on resale is subject to capital gains tax, also fifteen percent on the difference between purchase and sale price. Keep documentation to support any deductible costs.