Albania Real Estate Market Report — May 2026

Overview

Albania’s property market entered May 2026 with a national median asking price of €130,700 across 11,773 priced for-sale listings, and a market-wide median of €1,400/m² on a typical unit size of 97 m². The for-rent segment showed a median asking rent of €600/month, based on 8,821 priced rental listings with a median unit size of 95 m². Both segments exhibited a notably low share of price-reduced listings — just 0.13% of for-sale listings and 0.39% of rentals carried a cut — though among those that did, reductions averaged 15.7% and 15.0%, respectively, suggesting sellers and landlords largely hold firm on initial asking prices.

Prices

The national for-sale median of €130,700 sits within a wide interquartile range: the 25th percentile of asking prices stands at €85,540, while the 75th percentile reaches €225,200, reflecting the diversity of property types and geographies across the country. On a per-square-metre basis, the national median of €1,400/m² is consistent with a market still well below Western European benchmarks, yet showing meaningful variation by location and asset class.

On the rental side, the middle half of the market spans €450 to €900/month, with the €600 median suggesting a relatively accessible entry point for tenants in most regions.

By Property Type

Because apartments account for 13,264 of the roughly 17,908 active for-sale listings — nearly 74% of total inventory — the market-wide median is heavily apartment-weighted and should be interpreted accordingly.

For sale:

• Apartments (13,264 listings): median asking price €118,000 at €1,394/m² — the volume anchor of the market.
• Houses (1,468 listings): median €360,000 at €1,363/m², reflecting larger footprints and land components.
• Land (1,471 listings): median €202,500 at a much lower €250/m², consistent with undeveloped parcels priced on total area.
• Commercial (1,317 listings): median €240,000 at €1,988/m².
• Offices (228 listings): median €240,000 at a premium €3,013/m², the highest per-square-metre rate across all sale categories.
• Warehouses (130 listings): median €280,000 at €922/m².

For rent:

• Apartments (7,453 listings): median €550/month — the rental market’s volume driver.
• Houses (886 listings): median €600/month, closely aligned with the overall market median.
• Commercial (1,358 listings): median €1,000/month.
• Offices (1,089 listings): median €900/month.
• Warehouses (246 listings): median €2,250/month, the highest rental median of any category, reflecting industrial space premiums.
• Land (79 listings): median €1,500/month.

Inventory & New Listings

This is our platform’s first market report for Albania; listing data collection began only recently. As a result, reliable market-wide inventory levels and new-listing trends are not yet available and will be reported from next month onward.

Where the Market Is Most Active

Tiranë dominates the for-sale landscape with 9,095 active listings — more than half the national total — at a median asking price of €139,800 (€1,449/m²). Durrës, the main port city, ranks second with 2,203 listings at a median of €135,000 (€1,446/m²), nearly on par with the capital on a per-square-metre basis.

The Adriatic and Ionian coastal markets command notable premiums. Vlorë (2,020 listings) posts a median of €175,000 at €1,910/m², while Sarandë (446 listings) — the southern Riviera gateway — asks a median of €173,545 at €1,754/m², underscoring sustained demand from both domestic buyers and international interest.

More affordable entry points appear in Golem (1,180 listings, median €82,560 at €1,209/m²) and Kamëz (766 listings, median €84,000 at €903/m²), a peri-urban municipality adjacent to Tiranë. Kavajë (975 listings) sits in the mid-range at €108,420 (€1,450/m²), while Korçë in the southeast (193 listings) offers the lowest per-square-metre median of the tracked cities at €723/m².

Outlook

Albania’s asking-price landscape in May 2026 reflects a two-speed market: coastal and capital locations sustaining elevated per-square-metre values, while secondary and peri-urban areas remain accessible. The near-zero rate of price cuts across both sale and rental segments points to sellers and landlords maintaining pricing discipline. As the platform’s data collection matures, month-over-month trend data will provide clearer signals on price momentum and inventory absorption in the months ahead.