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17-10-26
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New property reference prices take effect in Albania 

TIRANA, Dec 13 /ATA/ – Albania’s National Housing Authority has revealed the latest government’s update on property reference prices across Albania.

The new reference values show significant increased property prices, both in cities and coastal areas across the country, with the average property price in Tirana edging up to 24,300 lek per square metre.

The newest property reference prices were published on the Official Gazette on Friday.

In Tirana, the most expensive areas are near the Artificial Lake, where a square metre can cost up to 227,400 lek. Meanwhile, Paskuqan is one of the more affordable areas, with a price of 62,500 lek per square metre. However, Farka, a suburban area, now has the highest property prices in the country, reaching 257,000 lek per square metre.

In Durrës, the average price has risen to 71,200 lek per square metre, up from 67,500 lek in 2023. Other major cities have also seen prices go up by as much as 14,000 lek per square metre.

In Vlora, the average property price is estimated at 68 680 lek per square meter, whereas in Dhermi the property prices have reached 186,400 lek per square metre.

/a.f/r.e/u.sh/

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