TIRANA, Sept 11 /ATA/ – The Albanian government has approved updated housing construction costs for the first time since 2016, aligning them with current market conditions.
The decision, proposed by the Ministry of Economy, Culture and Innovation (MEKI) in coordination with the National Housing Agency, is described as a strategic step intended to deliver direct benefits to citizens, particularly those enrolled in social housing programs.
Under the government decision, the average construction cost for 2025 is set at 56,491 lek per square meter nationwide. Specific cost values have also been defined for each city. In cases where data for a particular municipality is lacking, figures from the nearest comparable city will apply. Additionally, if construction prices change in accordance with the Integrated Construction Price Manual, data generated through the government portal e-Albania will take precedence over the approved national average.
MEKI stated the changes will result in greater transparency in construction projects, standardized cost estimates at both local and national levels, increased security for families in social housing schemes, and more effective planning of public investment in the housing sector.
The directive takes effect upon publication in the Official Gazette and is considered a significant step toward sustainable urban development and improved social housing policies in Albania.
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