A decade ago, most international investors would have scratched their heads at the suggestion that Albania is Europe’s next luxury real estate investment destination.

But as of 2025, Albania’s luxury real estate market is officially on the map. A tourism boom and massive foreign capital investments in this tiny country are quickly turning it into a Mediterranean luxury real estate investment hotspot, with a tourism surge of 80% in 2024 driving real estate prices across the country up.

As investors are always on the lookout for high-end real estate to bring in high ROI, Albania is attracting plenty of international interest: from Jared and Ivanka Trump to Dubai-based Emaar group, Albania’s coastline is quickly becoming synonymous with upscale real estate investment.

Folie Village, the country’s premier luxury real estate development, is leading the way with turnkey villas that face the iconic Bay of Jalë, offering five-star amenities at nearby Folie Marine, the country’s flagship luxury hotel.

This level of exclusivity, paired with the region’s untapped potential, makes Albania, and especially the properties available at Folie Village, is the Mediterranean’s best-kept secret for high-end real estate in 2025. Here’s why.

 

The Rise of Luxury Villas in the Mediterranean: Why Albania Stands Out

Luxury villas in the Mediterranean have been seeing steady demand, driven by tourism, remote work trends and investors seeking high return on investment.

Whereas villas in France, Spain and Italy are already priced with a high premium, luxury villas in Albania are affordable and still offer plenty of room for growth. With the Albanian Riviera heating up as a top tourist destination that sees millions of visitors a year, more and more luxury travelers are seeking units to match their upscale lifestyle in Albania, turning the pressure up on pricing in this market.

Folie Village’s beachfront villas are Albania’s top of the line Mediterranean luxury homes, with each offering sea views, infinity pools, private parking and modern amenities to fit the upscale traveler’s needs. Owning a villa here in a gated community next to one of Albania’s most sought-after beach destinations costs a fraction of the price in nearby Italy or Greece, and is set to offer investors gains of potentially 20-35% over the next five years.

 

Luxury Villas Albania: Affordable Elegance in Europe’s Hidden Gem

There’s no doubt that the luxury villas Albania offers are already competing with their European counterparts. Due to the country’s welcoming regulatory framework, owning real estate in Albania as a foreigner is easy. Taxes are low – there’s a 15% flat income tax on rentals – and foreigners are able to purchase properties with the same exact rights as locals. 

Folie Village’s luxury villas feature modern designs that blend seamlessly with the natural beauty of the Albanian Riviera, offering a perfect balance of sophistication and serenity. Each villa is crafted with premium materials, featuring open-plan layouts, floor-to-ceiling windows and private terraces that maximize the breathtaking views of the Ionian Sea. The gated community ensures privacy and security, while providing access to exclusive amenities such as concierge services, private beach access and proximity to Folie Marine’s world-class dining and wellness facilities.

Compared to its Mediterranean neighbors like Greece, Italy and Croatia, Albania offers unparalleled affordability without compromising on quality or beauty. The cost of acquiring a luxury villa in Albania, particularly in prime locations like Folie Village, is significantly lower – often 50-70% less – than similar properties in nearby countries, where high demand has driven prices to premium levels. 

And beyond property prices, Albania’s overall cost of living, from dining to maintenance, remains remarkably low, making it an attractive destination for investors and homeowners seeking value-driven luxury. This affordability, paired with Albania’s stunning coastline and rapidly developing infrastructure, positions it as a compelling alternative for those looking to own a slice of Mediterranean paradise at a fraction of the cost.

 

Luxury Real Estate Albania: High ROI in a Booming Market

Albania’s booming luxury real estate market is estimated to grow at a 15-20% annual rate in Vlora and Saranda counties due to the high demand from tourists, digital nomads and diaspora Albanians seeking beautiful locales and a slower pace of life by the sea in a new and undiscovered destination. 

With vacation rentals in Albania booming at an annual rate of 6.81%, it’s easy to see why so many are flocking to buy properties by the sea here. Luxury villas, due to the country’s scarce supply and high demand from well-to-do travelers discovering Albania for the first time, are fetching especially high premiums per night, with units at Folie Village expected to fetch between €500-€750 a night.

Folie Village offers hassle-free rental management services that will take care of the daily chores associated with holiday rentals for you. Our staff are on-hand to ensure your property is impeccably maintained and your guests experience five-star service from check-in to check-out. From professional cleaning and linen changes to concierge services and personalized local recommendations, every detail is handled with care. 

Those seeking a luxurious lifestyle in the Mediterranean or to purchase a high ROI unit along the shores of an up and coming destination need to look no further than Albania, and to Folie Village in particular for high-end villas that will be available starting 2026. Get in touch with our team today to learn more about the units still available and how to secure your place in this exclusive beachfront community before they sell out.

Luxury property in Albania is selling out quickly as foreigners from all over Europe and the United States discover this Balkan gem. High-end units with affordable pricing are offering investors the potential to get in on a booming tourism market that’s set to see short-term rentals balloon over the next five to ten years, making Albania one of the most sought-out destinations for luxury real estate investment in Europe this year.

But with more and more international investors turning to Albania for its sun-soaked beaches, soaring alpine peaks and booming tourism economy, we get a lot of questions about property taxes in Albania.

The country’s regulatory framework remains shrouded in mystery for many potential buyers. Do foreigners pay property taxes in Albania, and how much are they? What exactly are the regulations around foreigners buying properties and renting them out?

Rest assured, Folie Village has you covered. In this brief primer, we’ll walk you through Albanian property taxes for foreigners. Our flagship real estate development project offers high-end villas with panoramic views, privacy, and direct access to Albania’s most pristine coastline, all of which have attracted investors from Europe and the United States eager to cash in on this up and coming real estate investment destination.

Without much further ado, here’s your primer on Albanian property taxes.

 

Albania’s Low Property Purchase Tax

In Albania, there is no value added tax (VAT) or stamp duty on residential property purchases. Instead, buyers pay a property transfer tax (also called registration tax) that is incredibly modest by European standards.

• Folie Village buyers typically pay around 2-3% of the villa’s declared value as a one-time property transfer tax.
• Compared to Italy’s 9% or France’s 5.8%, this makes entry into the luxury real estate market refreshingly affordable.
• The tax is paid at the moment the property is registered in your name. There are no hidden fees or excessive bureaucracy.

This low upfront tax allows investors to keep more capital free for renovations, furnishings or short-term rental setup, helping maximize ROI.

 

No Restrictions for Foreign Buyers in Albania

There are no legal restrictions on foreigners buying property in Albania, including luxury properties like those in Folie Village. You can buy as an individual or through a legal entity (e.g., a company or trust) and do not need residency or citizenship.

That means international investors can take full ownership of their villa, rent it out freely, and enjoy capital appreciation just like a local buyer.

(See our previous post about renting out your property in Albania as a foreigner.)

 

Annual Property Tax in Albania: Surprisingly Low

Once you own your villa, you’ll pay an annual property tax, based on surface area and location. But don’t expect eye-opening bills, as Albania’s property taxes are among the lowest in Europe.

• For a 200 m² luxury villa at Folie Village, you may pay as little as €100 to €300 annually
• Even with a premium coastal location, the government’s calculation model keeps rates reasonable, especially for newly built properties like our turnkey villas along the sea

This dramatically improves net rental income and long-term ownership costs. With no wealth tax and minimal holding costs, Albania offers a clean runway for capital growth.

 

Albanian Rental Income Tax is Clear and Profitable

Thinking of renting out your Folie Village villa as a short-term or seasonal holiday home? Many buyers do, and with good reason.

• Albania applies a 15% flat tax on net rental income.
• You can deduct eligible expenses like maintenance, furnishings, management services and more.
• If structured via a company, you may be able to optimize your tax exposure further, especially if you’re running multiple units or operating as a rental business.

Folie Village is positioned to become one of the most sought-after vacation communities on the coast. With the potential to earn €300 – €600 per night in peak season, the ROI on luxury rentals here is among the strongest in the region.

 

Capital Gains and Exit Strategy in Albania

If and when you decide to sell your villa, Albania applies a 15% capital gains tax on the profit (sale price minus purchase price). However, this is only triggered when you sell, and depreciation or capital improvements may be used to reduce the taxable gain.

Given that prices in premium coastal locations like Folie Village are expected to appreciate rapidly over the next 3 to 5 years, the potential for long-term capital gains is very much expected, especially if you buy early.

 

Albania is no longer the best-kept secret in Europe. With tourism arrivals breaking records, infrastructure improving fast and the government actively supporting real estate development, prices are expected to rise.

Folie Village offers a rare window of opportunity:

• High-end villas with rental-ready amenities
• Prime coastal location minutes from top beaches
• Full legal ownership for foreign buyers
• Low taxes and light regulations
• Strong projected rental yields and appreciation

Albania’s property tax system is simple, transparent, and investor-friendly, making it the perfect destination for smart buyers seeking high ROI and low taxes. When you pair this with the extraordinary luxury and location of Folie Village, it’s easy to see why so many foreign investors are moving fast to claim their stake.

Whether you’re looking for a summer home, a revenue-generating investment, or a lifestyle upgrade, Folie Village offers the best of all worlds – get in touch with us today to discover your next home in Albania.

Albania’s growing tourism industry is catching international attention, with foreign investors increasingly snatching up attractive properties along its glistening Mediterranean coast.

Real estate prices along the country’s glitziest locales have already gone up as more and more investors and tourists discover this formerly-forgotten Balkan gem. In nearby Dhërmi, for example, a nightly stay in the summer season can easily fetch €150 a night for a basic room that can sleep two adults.

The interest in upscale properties along the Albanian Riviera is only growing, with more and more high-income tourists visiting the country as its tourism scene gains steam. Folie Village, the country’s most exclusive real estate development, is leading the way with its Folie Marine 5-star hotel and private villas for sale. Owning a home in the beautiful Jalë bay here guarantees long-term rental income, made all the easier with our concierge management services that take care of managing your rental for you.

So it’s clear: the potential for short-term rentals in Albania has exploded as the country gears towards tourism. But as a foreign investor discovering the country for perhaps the first time, you may wonder: is it legal to rent out my property in Albania on AirBnB or Booking? Is it easy to rent out real estate in Albania as a foreigner? What are my options – after purchasing a coastal property along the Ionian – for renting out a beachfront villa to tourists?

In this guide, we’ll explain the ins and outs of renting out your property in Albania and why it’s such an attractive option for many foreign investors discovering Albania for the first time.

 

Is It Legal for Foreigners to Rent Out Property in Albania?

Absolutely, yes!

Foreigners and locals enjoy the same rights when it comes to renting out property in Albania. Whether you’re looking to rent out the unit for a short-term stay (like on AirBnB or Booking) or a long-term contract such as an annual rental agreement, the Albanian legal framework permits foreigners to rent out their properties just like Albanian citizens.

You can do this as an individual or through a locally-created company. Many opt to just rent out their properties directly in their own names to simplify the process. If you plan on owning multiple units, it may be beneficial to open a local business, as that’ll simplify the tax reporting, invoicing and compliance. 

Otherwise, the legal framework here is very welcoming towards foreigners – foreigners can rent out their properties easily in Albania. (If you’re curious about how easy it is to purchase property in Albania, check out our previous blog post about the topic.)

 

Short-Term vs. Long-Term Rentals in Albania

When renting out your property in Albania, it’s important to think about short-term vs long-term rentals. While both approaches can be profitable, they serve different goals and cater to the needs of different types of clients.

Generally, short-term rentals provide higher nightly rates and focus on tourists, digital nomads or seasonal travelers who are only staying for a short time. Especially in the peak summer season (May-September), your property, such as a beachfront villa in Folie Village next to Jalë Beach, will fetch premium prices and high demand. This also gives you the flexibility to enjoy the property when it’s not in use.

This strategy is popular in the Albanian Riviera, when the summer season sees a high influx of tourists. The only issue with this strategy is that it requires more management, entails higher wear and tear and will provide fluctuating revenue.

Long-term rentals, on the other hand, will target locals and expats who live in the country year-round. These contracts are generally more stable and provide regular revenue throughout the year at a lower per-night rate. You’ll experience less turnover this way and will need to be less hands-on with the property management, but will require signing a contract and won’t be able to use the property as you wish.

 

How Much Can You Earn from Rental Income in Albania?

Rental income potential in Albania varies widely depending on location, property quality, and target market – but in popular coastal cities like Vlorë, Saranda and Durrës, short-term rentals during the summer season can generate €80–€150 per night for standard apartments, and €200–€400+ per night for well-appointed villas.

However, properties within exclusive gated communities like Folie Village stand in a class of their own.

Thanks to its prime beachfront location, private security, resort-style amenities and carefully curated architecture, Folie Village caters specifically to luxury travelers – a fast-growing segment in Albanian tourism. As a result, owners here can charge significantly higher nightly rates, often €500 – €1,000 per night during peak season for large villas with sea views and premium finishes.

And our property management services make the process extremely easy – with an established presence at Folie Marine, our five-star hotel, we take care of check-in, cleaning and property management for you when you want to rent out your property in Albania.

 

Albanian Property Rental Compliance, Registration and Taxes

What about compliance and taxes in Albania?

Even as an individual investor, you’ll need to register as a provider of rental services with the Albanian tax authorities and obtain a Tax Identification Number (NIPT). Businesses need to register with the National Business Register (QKB), which handles both business and fiscal registration. 

You may also need to register with the local municipality – check in with local authorities or consult a legal professional. Some municipalities may charge a small tourist tax (typically between €1–€1.50 per person per night).

Taxes are relatively straightforward, though it’s always advisable to consult an accountant. Property owners must declare earnings and pay income tax, which is a flat 15% on gross earnings minus deductible expenses. You must also issue invoices and maintain records for local tax authorities as proof of income and expenses. 

Double-taxation treaties between Albania and multiple Western European countries do exist, helping prevent foreign investors from being taxed twice on the same rental income. If you reside in a country that has such a treaty with Albania – such as Germany, Italy, or the UK – you may be eligible to offset or avoid double taxation through proper reporting and documentation.

For high-value properties in exclusive communities like Folie Village, working with a local tax advisor or property manager is highly recommended to ensure full compliance and maximize returns.

 

Folie Village: The Smart Choice for High-End Rental Returns in Albania

Albania is one of the few remaining destinations in Europe where rental ROI is still strong and shows plenty of potential growth in the coming years. With so many new visitors discovering this country every year and international interest in the Albanian Riviera growing at a dizzying pace, investing in a premium rental property now means getting in ahead of the curve.

For those seeking both steady rental income and an elegant residence along the sea, Folie Village offers a rare combination of exclusivity, beachfront access and high nightly rates from luxury travelers. Whether you’re a first-time buyer or seasoned investor, now is the time to secure your place in Albania’s most desirable gated community – get in touch, today!

Portugal has long been a favored American and European retirement destination, with millions flocking to the country for its favorable climate, lower cost of living and favorable tax regime for foreign pensioners.

But did you know that Albania is also quickly becoming a popular retirement destination? Emerging as a top alternative to Portugal, Albania also offers glistening Mediterranean beaches, a low cost of living and a favorable regulatory environment that makes it easy for retirees to spread their savings out over a longer period of time.

But which is the better retirement destination? In this guide, we’ll walk you through what you need to know about retiring in Albania vs. Portugal.

 

Cost of Living in Albania vs. Portugal

When it comes to affordability, Albania takes the lead. While Portugal is still less expensive than many Western European countries, the rising popularity of cities like Lisbon, Porto and coastal areas in the Algarve has driven prices up significantly, especially as American retirees have increasingly flocked to these popular locales. Rents, dining out and daily essentials now reflect a much higher cost of living – especially for newcomers who don’t benefit from long-term rental contracts or local wages.

In contrast, Albania offers remarkably low prices across the board. From housing to groceries to public transportation, the costs are a fraction of what you’d pay in Portugal. It’s entirely possible for a couple to live comfortably by the sea in places like Saranda or Vlora for under €1,000 a month. 

And with a growing expat community in the south, more and more American and Western Europeans are flocking to communities like Folie Village to spend the rest of their golden years. With Albania still considered an emerging market, buying upscale property at the country’s most exclusive real estate development offers retirees a great option for securing a beautiful home at a fraction of the price similar properties fetch along the Portuguese coast.

 

Residency and Healthcare in Albania vs. Portugal 

Portugal has made headlines with its D7 visa, which has become a favored option for retirees with passive income. However, the increasing demand has led to long processing times and bureaucratic hurdles, leaving many retirees in limbo as they navigate Portuguese paperwork and ever-changing rules.

Albania, on the other hand, offers a simpler and faster path to retirement residency, and purchasing property may help expedite the process. Folie Village’s units represent southern Albania’s highest-quality villas and homes, and may help you gain citizenship by demonstrating to the government that you’re an individual ““whose acceptance is considered of special interest to the Republic of Albania.” 

Foreign retirees can apply for residence permits with far less red tape, and there’s no need to demonstrate a high monthly income to qualify. While Albania’s public healthcare system is still developing, many of its doctors have studied abroad and bring back with them the same high standard of healthcare that expats in Portugal, Italy and even Germany enjoy. Private healthcare options in major cities and coastal areas are modern, affordable, and accessible – offering peace of mind for retirees who prioritize their health.

 

Climate and Lifestyle in Albania vs. Portugal

Portugal’s Mediterranean climate is a major draw, but winters – especially in central and northern regions – can be surprisingly cool and damp. Rainy days and grey skies aren’t uncommon outside the summer season, and many people find the Atlantic Ocean coastline, which makes up the majority of Portugal’s coastline, less attractive than its southern Algarve beaches.

Albania, particularly in the south, enjoys a warmer and sunnier climate year-round. Towns like Himara, Saranda and Vlora offer some of the most appealing weather on the Mediterranean, with long summers, mild winters and more sunshine than their Portuguese counterparts. The exclusive community taking shape at Folie Village in Jalë benefits from this incredible climate, with life here correspondingly moving at a slower, more traditional pace. Locals are famously warm and welcoming, and the overall atmosphere is peaceful – without the dense tourist crowds that have plagued Portugal’s most popular regions in recent years.

 

Expat Life and Integration in Albania vs. Portugal

Portugal is home to well-established expat communities, especially in cities like Lisbon and in the Algarve region, where English is commonly spoken and international services are widely available. This can be comforting for retirees who prefer a more structured expat network and familiar conveniences. This may be the biggest advantage Portugal offers over Albania in terms of retirement options.

Albania’s expat scene, on the other hand, is still emerging, but growing rapidly – particularly in Tirana and along the southern coast. English is increasingly spoken even by locals, especially in tourist-friendly areas, and integration with locals tends to feel more natural and organic due to Albanians’ highly hospitable culture. For retirees seeking a softer landing and more immersive cultural experience, Albania offers an appealing alternative to more saturated destinations.

Planning your retirement in Albania or Portugal isn’t easy, but choosing the right home base can make all the difference.

If you’re leaning toward Albania for its affordability, sunshine and simplicity, Folie Village is the perfect gateway to begin your new chapter. Nestled along the pristine Ionian coast in Jalë, Folie Village offers luxury villas and Mediterranean-style homes in a gated community designed for comfort, beauty and peace of mind. Get in touch with us today to learn more about the emerging retirement community that’s emerging at Folie along the sea, where retirees are set to enjoy stunning sea views, private amenities and access to one of Albania’s most desirable beach destinations.

The Balkans have been heating up in recent years, with international investors on the hunt for bargain properties with big potential. Developing markets with unique natural landmarks, panoramic views and favorable regulatory regimes are drawing investors from Western Europe and the United States to this small corner of Europe, pushing prices up and drawing ever-more attention to this formerly forgotten region..

Albania and Montenegro have both recently gained popularity as European real estate investment spots, and for good reason. With jaw-droppingly beautiful destinations in Montenegro like the Bay of Kotor and Budva drawing in tourists year-round and Albania’s southern Riviera generating massive international attention as travelers seek alternatives to pricey Greece and Italy, the Balkans has entered the arena as a serious real estate investment destination.

But which country should a discerning real estate investor pick for their next luxury real estate investment in Europe? Albania and Montenegro offer both similar and distinct advantages, and in this guide, we’ll lay out why both are good options, with Albania leading the way as the top investment destination with the highest potential upside in the coming decade.

 

Real Estate Prices and Investment Potential in Albania and Montenegro

Let’s start off with the ABC’s of real estate investment: what are the entry price points for each country, and what are the potential growth opportunities of Albania vs. Montenegro?

Montenegro is a more well-established real estate market that has already welcomed a high volume of luxury real estate investors. Prices per square meter are higher in Montenegro than in Albania in high-interest regions like Kotor, Budva and other popular coastal towns. Rental prices in Montenegro allow for enough of an upcharge to make back the higher upfront investment, but over a longer period of time. The average price per square meter in the Bay of Kotor, for example, is €5,000, with properties along the water fetching higher prices and those more inland being cheaper.

Albania, in contrast, boasts a lower entry cost, especially in areas like Vlora, Saranda and Dhërmi, which are seeing a huge influx of tourists and foreign investors. A luxury real estate investment in Albania’s premier development project, Folie Village, offers premium apartments and villas right along the beautiful waters of the Ionian Sea and costs far less than the more-mature markets in Montenegro, where international investors have been snatching up key properties for decades already. 

In nearby Dhërmi, on the other hand, properties are going for an average of €4,000 per square meter, and in Vlora it’s even more affordable, with the most luxurious properties demanding up to €3,500 per square meter.

In terms of cost of entry, Albania is the preferable investment destination.

 

Tourism Growth in Albania and Montenegro

Next, we’ll analyze tourism growth and international interest in Albania and Montenegro.

Last year, Montenegro saw 2.6 million foreign visitors, a seemingly impressive number for a tiny country of some 600,000 citizens.

But dig underneath the surface, and the picture gets a bit fuzzier. Montenegro is an especially attractive tourism destination for Russian tourists, who face limited options when looking for beach destinations. As much as half of Montenegrin tourism comes from Russia and Serbia alone, providing less of a national mix that leaves the country vulnerable to geopolitical restrictions on travel. Economic downturns in these two countries also leave Montenegro vulnerable to visitor volume fluctuation.

In contrast, Albania also got 2.6 million foreign visitors – back in 2020, at the height of the Coronavirus pandemic. Since then, Albania’s tourism numbers have skyrocketed, with 2024 seeing 11.7 million foreign visitors to the country. These visitors hail from a diverse mix of countries, with a surge of visitors from Western Europe driving the trend.

Albania has become the Balkan region’s aviation hub, with major airlines establishing headquarters here and expanding the number of direct flights to Tirana. That’s why hundreds of thousands of tourists from Germany, Spain, France, the United Kingdom and other Western European countries are discovering Albania in recent years and driving up rental and property prices.

This trend shows no signs of slowing anytime soon, with the number of entries from even faraway wealthy countries like the United States growing as well – 2023, for example, saw nearly 180,000 Americans enter Albania.

In terms of both tourism volume and the sheer number of potential buyers, Albania has been attracting as much as five-times the attention of a diverse mix of key international markets for years at this point; more and more visitors are spending money and investing in Albania than are in Montenegro, giving the country a huge window of potential for future real estate price maturation.

 

Infrastructure Investments in Albania and Montenegro

Next, we’ll focus on the health of existing infrastructure in each country and whether each government is committed to improving and strengthening infrastructure, a key consideration when investing in developing markets.

Here too, Montenegro and Albania follow the above-mentioned patterns: Montenegro is a bit more established in terms of initial infrastructure development, whereas Albania is heavily investing in its infrastructure and scaling it up rapidly.

Montenegro used to be part of Yugoslavia, and as such, enjoys better initial infrastructure investment than Albania, which was a closed-off Communist dictatorship for 45 years, did. The country’s roads are relatively well-paved and regulations are relatively well-followed. The country is slightly more orderly and less hectic in terms of traffic, noise, and urban planning, thanks in large part to its more established infrastructure network.

But it does suffer from certain limitations that are hindering its growth: the highway network is tiny and its major highway project, the Bar-Boljare motorway, is only partially completed, severing inland regions from the coastal areas. The airports in Montenegro are tiny – there are only two international airports (Podgorica and Tivat), and the latter is highly seasonal and suffers from severe congestion in the summer months, limiting access to the country in the off-season.

Albania, on the other hand, is barreling headfirst into a tourism-focused economy with heavy infrastructure investments that have already begun to close some of the gaps the country has long faced. The Albanian Riviera is now connected to Tirana with an excellent tunnel through the Llogara Mountain that makes the drive to the south much shorter, as well as a bypass around Vlora that similarly makes accessing the country’s premier real estate investment destinations all the easier. 

A new international airport is set to open this year in Vlora, making accessing the southern beaches and luxury real estate projects of Folie Village, for example, all the easier. Tirana international Airport has doubled in capacity to accommodate the booming demand from international travelers, and it’s easier than ever to access even the northern half of the country with the opening of a new toll road that takes passengers straight to Shkodër and Montenegro. 

While the country is playing catch up, it’s clearly moving in the right direction as a tourism-focused economy that wants to make travel within its borders as easy as possible, giving Albania a competitive edge over Montenegro in terms of infrastructure.

 

Ease of Buying Property as a Foreigner

When it comes to purchasing property as a foreign investor, both Albania and Montenegro are relatively open markets, but there are some key differences worth noting.

Montenegro offers a relatively straightforward process for foreigners looking to buy property, especially for apartments and commercial spaces. The system is fairly well-regulated and foreign nationals can freely buy most types of real estate. There are more bureaucratic steps involved when it comes to land ownership, particularly for non-residents looking to buy undeveloped plots. Taxes and transfer fees are also higher than in Albania, and while the process is manageable, it can feel a bit more rigid compared to Albania’s lighter-touch regulatory environment.

Albania, by contrast, is widely considered one of the most foreigner-friendly countries in the region for real estate acquisition. Foreign buyers can purchase apartments, villas and commercial properties with virtually no restrictions. Land ownership is also permitted without any restrictions. The purchase process is streamlined, notary fees are low and bureaucratic friction is minimal. Foreign investors are treated the same as locals when it comes to property rights, making the entire experience smoother and more accessible.

Both countries offer residency options for property owners, with Albania offering a simple path to a residence permit if you own property in your name and Montenegro offering temporary residency based on property ownership as well. While neither offers automatic citizenship through real estate, both are welcoming environments for second-home buyers and long-term investors.

So while both countries offer easy-to-work-with legal frameworks for foreign real estate investors, Albania’s regulations are more attractive and easier to manage, while Montenegro’s legal framework is solid but slightly more complex and expensive to navigate.

 

Albania as the Better European Real Estate Investment Destination

In conclusion, while both Albania and Montenegro are attractive European real estate investment destinations, Albania’s lower entry prices, higher growth potential and more welcoming legal framework make it the better option for foreign real estate investors.

Montenegro is a more established market that has a lot of costs already priced in, whereas Albania is experiencing a real estate and tourism boom that shows no signs of abating any time soon. For discerning investors who want to own a slice of heaven along the Mediterranean with a high-end luxury property that is all-but guaranteed to bring in high returns on investment, Folie Village offers turnkey units slated for completion next year. Get in touch with us today to learn how we can help your dreams of owning property in Europe’s up and coming real estate market become a reality.

Albania is no longer a secret. With its stunning coastline, booming tourism industry and increasingly investor-friendly policies, the country has quickly become a hotspot for those looking to secure a foothold in Southern Europe, leading many foreign nationals to ask: is it possible to get Albanian citizenship by investment?

 

Albanian Citizenship by Investment

While Albania doesn’t currently offer a formal citizenship-by-investment program like Malta or the Caribbean states, there is a clear, government-supported pathway for economic contributors to receive fast-tracked residency, with the possibility of ultimately gaining citizenship. This route hinges on demonstrating long-term value to the country, and that’s where high-quality real estate investment plays a key role.

If you’re wondering whether investing in a premium property like those in Folie Village can help you work toward an Albanian passport, the answer is: yes – under the right conditions.

 

Does the Albanian Golden Visa Actually Exist?

Let’s address one of the biggest myths up front: Albania does not officially have a “Golden Visa” program. But that doesn’t mean serious investors are out of options.

Instead, Albania’s government has created multiple legal pathways through which foreign nationals can acquire citizenship over time, particularly if their contributions to the Albanian economy are deemed significant. The Ministry of Interior has gone on record stating that foreign investors may qualify for Albanian citizenship by naturalization after making meaningful economic or cultural investments – including real estate development.

So, while you won’t find an “Albania Golden Visa” webpage on an official government site just yet, you can still obtain citizenship under Article 9 of the Albanian Citizenship Law, which allows the Council of Ministers to grant citizenship to foreigners “whose acceptance is considered of special interest to the Republic of Albania.”

This means that investors, entrepreneurs, and property buyers who make significant contributions – especially in sectors like tourism, construction, or cultural development – can submit an Albanian citizenship application under this clause. This isn’t just a theory. It’s already happening in practice.

 

Albania Citizenship Requirements: What You Need to Know

To gain Albanian citizenship through investment, applicants should generally:

• Have legally resided in Albania for at least five years
  Pass a basic Albanian language test
• Demonstrate clean criminal records and lawful income
• Prove economic contribution to the country through investment

This final point – your economic impact – is where Folie Village enters the picture.

Folie Village is more than just a luxury real estate development. It’s part of a broader initiative to transform the southern Albanian coastline into a world-class destination for tourism, lifestyle, and international living. By purchasing property here, you’re not just buying a home – you’re directly contributing to Albania’s development, creating jobs, attracting foreign attention and improving infrastructure in one of the most desirable regions of the country.

That’s exactly the kind of contribution the Albanian government seeks to encourage.

 

Albania Citizenship Benefits

Obtaining Albanian citizenship opens up a world of opportunities. You’ll gain access to:

• Visa-free or visa-on-arrival access to over 120 countries, including most of Europe
• The ability to live and work in Albania without restrictions
• Potential access to regional treaties and trade zones, like the CEFTA
• A favorable tax regime for foreign residents

For those who already love spending summers in Albania, or for investors seeking a foothold in an emerging EU candidate country, the Albanian passport by investment approach is one of the most forward-thinking strategies available in the region today.

 

Why Albanian Property Investment is the Smartest Route

There are various ways to meet the Albania citizenship requirements, but none are quite as tangible, enduring and personal as real estate. Investing in Folie Village puts your money into a promising market and creates roots, allowing you to participate in the local economy and build a solid case for long-term residency and citizenship.

While the Albanian government does not publish a fixed investment threshold, most experts agree that an investment in the €100,000–€250,000 range – especially if it’s tied to job creation, tourism infrastructure, or other high-priority development goals – strengthens an applicant’s case.

Properties in Folie Village meet all these criteria. Strategically located in southern Albania, our villas, apartments and resort-style units are designed with long-term value in mind – both for your portfolio and for your lifestyle. By owning property here, you’re making a clear statement: you’re investing in Albania’s future.

 

Starting Your Citizenship by Investment in Albania Journey

If you’re considering starting the Albanian citizenship application process, the best place to begin is by securing long-term residency through real estate investment. Over time, this can evolve into full citizenship via naturalization, especially if your investment demonstrates clear benefit to the Albanian economy.

The rules around Albanian citizenship by investment may still be maturing, but one thing is clear: the door is open. Albania is welcoming foreign investors who are ready to commit to the country, especially through long-term, economically meaningful projects.

Whether you’re looking for a peaceful retreat on the Ionian coast or a strategic investment in the next European hotspot, Folie Village offers a powerful combination of luxury, location, and legal clarity – helping you build a future that could come with not just a beautiful view, but a passport too. Get in touch and book a consultation with our team today to discover your next home – and first step towards citizenship – in Albania.

All the buzz around Saranda and the south of Albania has generated plenty of interest in the real estate world recently, and with good reason. This sun-drenched city on the Greek border sees over 300 days a year of sunlight and is home to some of the country’s most iconic and well-known beaches.

While construction in this port city has boomed, with foreigners streaming in to capitalize upon the new global interest in the south of Albania, there are some caveats many aren’t aware of when buying apartments in Saranda. In this blog post, we’ll explain the benefits of investing in Saranda real estate as well as the drawbacks.

If you’re considering investing in the south of Albania and are looking for long-term return on investment, read on to discover the pluses and minuses of buying a home in Saranda and where to find the best investment in this corner of the Balkans.

 

The Benefits of Buying Real Estate in Saranda, Albania

Let’s face it – the southern Albanian coast is stunning, and people from all over the world are attracted to the natural beauty of this part of the Ionian coast.

Some of the best sea views in the Mediterranean can be found here – the calm, turquoise waters of nearby Ksamil and views of the Greek island of Corfu in the background make this a highly desirable destination for travelers and investors alike.

The booming tourism economy that’s taking over Albania means that the region is guaranteed to generate rental income from short-term stays, AirBnB bookings and even long-term rentals from expats looking for more bang for their buck as they relocate from the United States and Western Europe as well as tourists seeking beach holiday fun.

Saranda offers a low cost of living, with rentals and everyday expenses cheaper than in neighboring Greece or Italy. Dining out, utilities, and basic services remain affordable – even as demand increases – making it an ideal destination for retirees, digital nomads and anyone looking to stretch their budget without sacrificing lifestyle.

Thanks to its ferry connection with Corfu, Saranda is also one of the most accessible cities in southern Albania. You can be on the Greek island in under an hour, which adds tremendous value for those who want the charm of Albania with easy access to the European Union for flights, shopping or medical services.

 

What to Watch Out For When Looking at Saranda Apartments for Sale

But there are downsides to buying Saranda apartments or villas. Saranda has seen a boom in construction the past couple of years, depressing the value of existing rentals and keeping prices relatively low. The lax zoning regulations and ease with which supply is growing in the city and its environs mean that purchasing Saranda real estate is less likely to provide high returns in the near future.

Many of the new buildings and projects going up in Saranda lack permits or violate zoning laws, leaving investors in legal jeopardy should lawsuits or conflicting claims arise around the validity and legality of the real estate development.

Much of Saranda is overcrowded in the peak summer season, making it less enjoyable for investors who are looking for a pied-à-terre where they can enjoy the cool waters of the Ionian. The glut of cheap apartments draws in visitors from all over Europe who are seeking easy and affordable access to the water and low-cost places to stay as they explore the region.

And finally, not all of the apartment complexes here offer quality property management services for landlords who are relying on local companies to rent out their properties for them, making the prospect of remotely managing your investment a lot more difficult.

 

If You’re Considering a Saranda Villa, Look Into Folie Village

If you’re in the market for a villa in the South of Albania – especially one that offers exclusivity, quality, and peace of mind – Folie Village, in the same region as Saranda, is worth your attention.

Unlike much of the chaotic new development in Saranda, Folie Village is a gated, master-planned community designed for discerning international buyers. Each villa is constructed with premium materials, premium property management services and attention to detail that sets it apart from most offerings in the area. Each one of our private villas and seafront apartments comes with an infinity pool, private parking and sea views with access to commercial spaces such as shops, bars, cafes, restaurants, as well as amenity spaces. 

Nestled between Saranda and the famous beaches of Palasë and Dhërmi, the development sits on the half-crescent beach of Jalë, blending luxury living with natural beauty. As part of a private community, buyers also enjoy security, shared amenities and long-term property management services – perfect for part-time residents or investment buyers looking for elegant living along the Ionian coast that also promises long-term return on investment.

For those seeking the beauty of the Albanian Riviera with the added peace of mind that comes from buying in a well-planned, high-quality development, Folie Village offers a secure and sophisticated choice. Get in touch with our team today to learn more about our premium villas in the south of Albania.

The growing buzz around Albania’s coastal real estate has international buyers eyeing up this formerly-forgotten Balkan enclave, with foreign investors buying up property along the coast at dizzying rates.

No area in the country is seeing more of an explosion in prices – aside from perhaps Tirana – than Vlore, whose real estate is seeing steady demand and rising valuations.

Albanians living abroad, in the country and foreigners who are now discovering the raw and untamed beauty of this country are rushing to tap into the country’s burgeoning real estate market. Vlora real estate offers an exciting opportunity for discerning buyers to cash in on Europe’s newest investment opportunity before prices rise to the likes of nearby Croatia, Italy and Greece.

The most exclusive real estate project in Vlora is Folie Village, a gated community that’s being built right now along the iconic bay of Jalë, the former site of the country’s elite vacation homes. Today, it represents the pinnacle of elegant seaside real estate in Vlore, Albania.

 

Where to Buy Vlora Albania Real Estate

Vlore – both the city and the county it sits in – are no longer hidden gems but rather proven investment destinations. In the city of Vlore itself, luxury high-rises are sprouting all over the place, with property prices in the Lungomare (boardwalk) area surging up to €3,500/m², a 25% increase compared to last year. 

While Lungomare and the city itself are popular destinations, keen international investors see the glut of supply in the city and its effects of cooling yield rentals. Many are looking beyond the city for new opportunities that offer better value and more exciting growth opportunities. 

New resort apartments in Radhimë and Orikum have seen staggering price hikes: between 67% and 88% year‑on‑year. The only disadvantage in these areas is that they are more or less attracting lower-end clients who seek affordable stays over luxurious experiences.

This is where Folie Village comes in as the best place to buy Vlora, Albania real estate. There’s a wave of demand moving southward along the coast towards Jalë, Vlora’s most upscale real estate destination, with private villas, crystal-clear beaches and elite clientele forming a high-end community along the Ionian that’s already selling units fast.

 

The Best Vlore Property for Sale – Folie Village

Early 2024 data shows a ~20 % rise in demand for residential and commercial real estate in Vlorë during just the first half of the year, with foreign buyers fueling the trend. 

Folie Village stands as the crown jewel of the Albanian Riviera, offering deluxe villas that sport breathtaking sea views. The units for sale at this development are limited and exclusive, offering a rare opportunity to purchase property in a highly sought-after location that has seen steady rental price increases year over year.

The luxury real estate market in Albania is growing but has limited stock. An investment in Folie Village ensures that you’re securing a prime position in one of the country’s most elite and future-proof developments – one that combines capital appreciation potential with lifestyle appeal. As more buyers turn their eyes toward the Ionian coast, demand for premium villas in curated communities like Folie Village will only increase, making early entry a smart and strategic move for investors and lifestyle buyers alike.

If you’re ready to own in Albania’s most prestigious Riviera development, contact our team today to learn more about the exclusive villas and apartments available at Folie Village in Jalë.

Did you know that Albania is quickly emerging as the next big European real estate investment destination?

Even with prices billowing the past couple of years, there’s still time to get in on this undiscovered gem and discover its beautiful sites and unique opportunities. 

Albania has quickly become the next luxury real estate investment hotspot, drawing in international buyers from all over Europe, America and the Middle East. Its strategic location along two Mediterranean coasts, skyrocketing tourism figures and bright political outlook make this gem of the Balkans this year’s top luxury real estate investment destination.

If Albania isn’t on your radar for your next luxury real estate investment, it should be.

 

Albania: Perfectly Situated in the Heart of the Mediterranean

Albania’s geographical location gives it enviable access to some 362 kilometers (225 miles) of breathtaking coastline along two seas: the Adriatic in Northern and Central Albania, and the Ionian starting at Vlora.

If you’ve ever dreamed of putting down roots or investing in the dramatic coastline of Italy or Greece, consider Albania. Situated between these two well-established real estate markets, Albania offers unparalleled access to the heart of southern Europe and its well-established titillating landscapes. Rome is a 45-minute flight away from Tirana, and Greece is right across the border to the east. Croatia is a mere five-hour drive from the capital, and daily flights to other Mediterranean capitals depart from Tirana International Airport on a daily basis, giving you easy access to one of the world’s most sought-after and beautiful regions.

 

Booming Tourism Ensuring Short-Term Rental Income

Albania is quickly becoming Europe’s next it-girl when it comes to tourism. The entire world is flocking to this tiny country in massive numbers – 2024 saw some 11.7 million foreign visitors, and 2025 is set to break previous records as the country’s highest-volume tourism year ever. Officials estimate that the country will welcome 15 million foreigners by December – that’s six tourists for every Albanian!

With so many foreigners looking to discover this newly-found pearl and take in its sites, beaches and rich culture, short-term rentals are booming. In 2024, the travel and tourism market generated nearly 70 million euros in revenue, with hotels and package holidays leading the sector. By 2029, revenues are projected to reach 98.64 million euros, a 29% increase from 2024. The number of accommodation establishments, including 1,280 hotels and over 560 bed and breakfasts in 2024, has fueled this surge, catering to diverse international visitors making their way to this corner of the Balkans.

 

A Bright Political Future in the Balkans

Albania’s prime minister, Edi Rama, has run on a platform that steadily pushes the country towards joining the European Union by 2030. Long Western-aligned and a member of NATO since 2009, Albanians see their future outlook aligned with that of the United States and the member states of the world’s largest trading bloc, which will give the country the same legal protections and regulations that investors enjoy in better-known investment destinations like France, Spain, Greece and Croatia.

Unlike these other countries, Albania is still outside of the European Union, making now the perfect time to invest in the country before burdensome regulations make the purchasing process costlier and complicated. An investment in an Albanian luxury villa like those on offer at Folie Village is an easy way to buy a home in a future European Union country without its associated regulatory hurdles.

 

Folie Village: Your Next Luxury Home in Europe

Folie Village is southern Albania’s most upscale real estate project, offering a variety of villas that cater to individuals with sophisticated taste. Each one of our turnkey homes features a private infinity pool, private parking and expansive views over the iconic Bay of Jalë, an elegant vacation destination that draws in tens of thousands of visitors every summer season. 

Our villas’ timeless elegance blends modern architecture with the natural beauty of Albania’s Ionian coast, drawing on the ancient architectural traditions of Albania’s villages. These units’ design ensures enduring appeal for generations: built with premium materials and cutting-edge construction techniques, our villas for sale in Albania offer unmatched durability, promising low maintenance and lasting value. 

With Albania’s tourism market projected to grow 29% by 2029, Folie Village villas are not just luxurious residences but also high-yield investment opportunities, delivering substantial returns through short-term rentals to the millions of visitors flocking to this Mediterranean gem annually. Get in touch with Folie Village today to secure a future of stability and long-term financial rewards in southern Europe’s newest tourist destination.

Are you considering investing in seaside property in Albania? 

This rising Mediterranean gem has been attracting plenty of international interest as more and more foreigners discover Albania’s glistening beaches and jaw-droppingly beautiful vistas. With so many looking to get in on the Albanian property boom, it’s important to know what you’re getting yourself into before purchasing a home in Albania.

Before you buy a house in Albania or explore the villas for sale in Albania, it’s important to know a bit about Albania as a European real estate investment spot and the benefits it brings to the table.

 

Why Buy Property in Albania?

You aren’t alone if you’re wondering why beachfront property for sale in Albania is suddenly all anyone’s talking about. Albania has moved at breakneck speed to modernize, shifting away from a closed-off communist dictatorship to a flourishing democracy in the heart of the Balkans that’s actively courting international investors.

Big names like Jared Kushner and Ivanka Trump have already laid out their stakes to the Albanian Riviera by purchasing a former military site at Sazan Island, and Dubai-based developers are also set to invest billions in developing the port of Durrës.

This is due to the government’s simplification of the legal statues around foreigners buying real estate, which gives them the same rights as locals. The government is aggressively modernizing infrastructure as well: a brand-new tunnel through Llogara Mountain gives drivers even quicker access to the dazzling beaches of the south, and the brand new Vlora International Airport is set to open later this year, bringing travelers directly to the country’s most renowned beaches.

The investments are already paying off: tourism in Albania has boomed over the past couple of years, with the country (of just 2.5 million) seeing more than 14 million tourists last year and set to see even more in 2025.

And Albania is on the fast track to joining the European Union. Prime Minister Edi Rama campaigned on the promise to enter the world’s largest trading bloc by 2030, and the technocrats in Brussels are expediting the country’s ascension process and guiding its legal reforms so that Albania can reach the goal as soon as possible.

 

Albania is a Top European Real Estate Investment Destination

It’s easy to see why so many are already flocking to Albania; but aside from the obvious economic and financial incentives, Albania also offers a true Mediterranean vibe that lets you slow down and enjoy the unique culture that has developed around the sea in southern Europe.

Those seeking a slower, more intentional pace of living will find respite from the hustle of modern life in Albania. Locals are renowned for their warmth and communal spirit, welcoming newcomers with open arms and fostering tight-knit communities where neighbors become family. This sense of belonging enhances the appeal of owning a home in places like Folie Village, Albania’s most elegant real estate project in the south of the country.

And Albania’s strategic location makes it a gateway to Mediterranean hotspots – nearby Saranda has a ferry taking visitors directly to Corfu, and low-cost airlines fly daily to Puglia and Athens. Dubrovnik is a beautiful five hour drive away from the capital, and nearby Montenegro is home to dozens of picturesque seaside towns.

 

Folie Village: The Best Albanian Riviera Real Estate Project

Enter Folie Village, Albania’s most exclusive real estate development. Our turnkey villas are ready to move into and offer the pinnacle of luxury living along the Ionian Sea. An investment in this gated village offers you unparalleled access to the country’s most sought-after sites and a home along the Albanian Riviera. From the iconic half-crescent bay of Jalë, you can easily visit nearby Dhërmi, Himarë and Saranda, as well as Greece. Our villas – ranging from small individual units to family villas to masterful atrium villas – offer style and comfort in the heart of Europe’s up and coming real estate star. Get in touch today to find out more about how to make your dreams of purchasing beachfront property in Albania come true.