Property for Sale in Lezhë, Albania | Shëngjin Coast - Page 11
4-story hotel + 2400 m2 plot for sale in Shengjin | 2400 m²
1+1 Apartment For Sale in Shëngjin - €75,600 | 63 m²
Apartment 1+1 For Sale in Shëngjin - | 63 m²
APARTMENT 2+1 WITH SEA VIEW FIRST LINE IN SHENGJIN, FOR SALE!
APARTMENT 1+1 IN SHENGJIN, FOR SALE!
APARTMENT 1+1 IN SHENGJIN, FOR SALE!
APARTMENT 2+1 IN SHENGJIN, FOR SALE!
1+1 Apartments in Shengjin, For Sale!
2+1 APARTMENT IN SHENGJIN, FOR SALE!
1+1 APARTMENT IN SHENGJIN, FOR SALE!
Lezhë blends history with the sea: the inland city guards Skanderbeg's tomb and a hilltop castle, while a few kilometres away the long sandy beach of Shëngjin and the Rana e Hedhun dunes meet the Adriatic. Buyers come for prices still gentler than the southern riviera, for quick access to Tirana airport, and for strong summer holiday-let demand. Returning emigrants, Albanian families and investors purchase apartments and villas as holiday homes or buy-to-let.
Frequent questions
What do properties cost to buy in Lezhë and Shëngjin?
Prices are generally lower than on Albania's southern coast. Apartments near Shëngjin beach cost more than those in Lezhë town, while seafront or sea-view units command a premium.
Is Shëngjin a good buy-to-let investment?
Shëngjin has a busy summer season and strong short-let demand from Albanian and foreign tourists, making it attractive for seasonal rental income. Returns concentrate in the warm months, so off-season occupancy is lower.
How far is Lezhë from the airport?
Lezhë and Shëngjin are roughly an hour and a half by car from Tirana International Airport via the highway. This relative closeness to the airport is one reason foreign buyers find the area convenient for a holiday home.
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.