The survey was conducted with representatives of 230 construction companies and real estate agencies, representing about 75-80% of the market.

This survey revealed 1959 properties sold in the first 6-month period compared to 863 in the previous six-month period. About 58% of properties were purchased by mortgage, while 15% of apartments were purchased by non-resident citizens, of whom 71% were from the EU countries.

Meanwhile, the general situation indicator reached +6%, showing significant optimism compared to the long-term average of -14%. For entities that reported sales, the net balance was +21%.

The average sale time increased to 11.6 months, while in Tirana it reached 11.1 months, compared to 7.1 months six months ago. In coastal areas, the sale time decreased to 8.7 months.

As for the prices, according to Fisher price index, housing prices increased by 14.6% compared to the previous six months and 41.7% compared to last year, while prices in Tirana increased by 32.6% compared to last year.

Agents predict price increases and a stable level of registered properties for the next six months, reflecting their optimism for the market performance across the country, the BoA survey highlighted. /e.xh/j.p/r.e/p.s./

The camp will open on June 3-8 and will be focused on players up to the age of 12, while around 70 footballers will be tested.

The sports camp at the House of Football is being closely followed by the technical director of the SHRFT Igli Mumajesi and by the representative of the Real Madrid Foundation Victor Lope Pach.

From this camp, there will be selected the most talented footballers and they will be given the opportunity to be tested in Madrid, in one of the most prestigious academies in the world, such as that of Real Madrid. /p.s./

During a meeting with the representatives of the big business about employee salaries, Rama said that, “We will not finance exploitation with state money”.

“We will not issue construction permits to construction companies that declare salaries of 40,000 ALL. This 40,000 ALL is for the manufacturing industries at this stage. Meanwhile, until the end of the governance mandate, the minimum wage will be 45,000 ALL. But for these, we will finance the part of the social and health insurance for the increased difference so that they have the opportunity to stabilize”, said Rama./gj.m/p.s./

Experts say that public investments have had an impact, especially those related to the reconstruction program after the November 2019 earthquake, but also investments in infrastructure and other works.

According to the BoA, the loan portfolio for the purchase of real estate by individuals has increased by about 15.5%, while the positive growth trend has spread throughout the country.

“The highest growth of the loan portfolio for real estate is recorded in the region of Lezha, with about 23.6%. In the second place with the fastest growth of loan for the purchase of properties is Vlora with 15% and then comes Tirana with 12% “, stated the Central Bank. /j.p/p.s./

The Bank of Albania published the data of the periodic survey of real estate, which show that, despite the continuous increase in recent years, the selling prices are largely negotiable.

According to the BoA, in 9% of cases the difference between the sale price and the one originally requested is between 20% and 30% lower, while only in 7% of cases the price reduction is more than 30%. In 17% of cases, sellers accept a minimum discount of less than 5% of the asking price.

The house price index during the second half of 2020 increased by 6.2% compared to the previous six months and by 11.3% compared to the same period of the previous year. For Tirana, prices increased by 2.3% on a semi-annual basis and 8.9% on an annual basis. /a.a/p.s./

“The will of the Albanian people has been expressed and it is time to read with high civic and legal responsibility every vote in every ballot box. On behalf of the Socialist Party and the chairman Edi Rama, a very special thanks to everybody”, – said Muzhaqi./j.p/p.s./