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How Much Does an Apartment Cost in Tirana in 2026? The Real Prices, Neighborhood by Neighborhood

7 months ago

Prices & Market(https://troja.al/en/category/prices-market/)

Apartment Prices in Tirana: Where Are We in 2026?

The real estate market in Tirana has changed a lot in just a few years. According to the Deloitte 2025 Index, the average selling price of apartments in Tirana reached 2,000 euros/m². Compared to three years ago, when the average price was around 1,100-1,200 euros/m², the increase has been dramatic.

Within the first half of 2025, housing prices increased by 14.6% according to the Fischer Index of the Bank of Albania. To put it into perspective: a 2+1 apartment with an area of 80 m² that cost 90,000 euros in 2022, can today be sold for 130,000-160,000 euros, depending on the neighborhood.

But prices vary greatly from neighborhood to neighborhood. Here’s where we are today.

Apartment Prices by Neighborhood — Full Table

Neighborhood Price per m² (new construction) Price per m² (existing) Apartment 2+1 (80m²)

bloc €3,000 – €5,500 €2,500 – €3,500 €250,000 – €440,000

Artificial Lake €2,400 – €3,000 €2,000 – €2,700 €192,000 – €240,000

Commune of Paris €2,000 – €3,000 €1,700 – €2,200 €150,000 – €240,000

Myslym Shyri €2,000 – €2,500 €1,500 – €2,000 €130,000 – €200,000

December 21 €1,800 – €2,200 €1,400 – €1,800 €120,000 – €176,000

Don Bosco €1,500 – €2,000 €1,200 – €1,600 €100,000 – €160,000

Ali Demi €1,400 – €1,800 €1,100 – €1,500 €90,000 – €144,000

Astir / New Ring €1,200 – €1,500 €900 – €1,200 €75,000 – €120,000

Combine €1,000 – €1,300 €700 – €1,000 €60,000 – €104,000

Cashier €1,000 – €1,400 €800 – €1,100 €65,000 – €112,000

Red €800 – €1,100 €600 – €900 €50,000 – €88,000

Note: Prices are based on data from the Bank of Albania, the Deloitte 2025 Index, and market monitoring by sales offices. Actual prices vary by floor, orientation, quality of construction, and whether the apartment has parking.

Why Are Prices Rising So Fast?

There are several main reasons why prices in Tirana are rising rapidly:

1. High demand, limited supply

Tirana continues to attract residents from all over Albania. The capital has surpassed 500,000 residents while rural areas are emptying out. This population growth in a city with limited building space creates constant pressure on prices.

2. Foreign buyers and diaspora

According to market data, about 27% of property purchases in the central area of Tirana come from non-resident buyers. The Albanian diaspora, especially from Italy, Germany, Greece, and the United Kingdom, are actively buying — as an investment or as a home to return to in the future.

3. High construction costs

The prices of construction materials, land, and the infrastructure impact tax (8% in Tirana) have directly increased the costs for builders. This cost is passed on to the buyer.

4. The prospect of EU membership

Albania’s European integration is seen as a long-term catalyst. Domestic and foreign investors are buying now with the expectation that prices will continue to rise as Albania moves closer to European standards.

Is It Worth Buying in 2026?

This depends on your personal situation. Here are some points to think about: