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. 

Have you ever wanted to live by the sea?

To wake up every morning, inhaling the fresh, salty breeze coming off of the Mediterranean as you prepare yourself a coffee, birdsong playing in the background?

Europe has long been an attractive investment destination for international buyers, with its rich mix of natural beauty, fascinating mix of cultures and exclusive properties. Folie Village is among the newest offerings in the Southern European luxury real estate market, offering turnkey villas in a stunning location that’s close to cultural gems.

So if you’ve ever wanted to own a luxury villa by the sea in Europe, count yourself lucky – Albania’s most upscale real estate development project, Folie Village, is here to make your dreams come true!

 

Why Invest in Luxury Real Estate in Europe?

Europe has long been an attractive destination for international buyers: the continent sees plenty of tourism every year, which guarantees strong short-term rental yields for savvy investors. The mix of natural and cultural attractions makes settling down an appealing prospect, whether in vibrant cities or serene countryside retreats. Luxury real estate in Europe offers not only a prestigious lifestyle but also a stable investment opportunity, with property values often appreciating due to high demand and limited supply. 

The continent’s economic stability and global appeal mean that owning a luxury home in Europe, especially in prime locations like Jalë Beach in Albania, promises significant long-term appreciation and plenty of rental opportunities. No wonder so many international investors are flocking to the European luxury real estate market!

 

Folie Village: The Pinnacle of European Luxury Real Estate

Luxury real estate investors can now get in on a new emerging European real estate market in Albania. Sales are now open at Folie Village, the country’s most elegant real estate development in the Albanian Riviera.

Albania is quickly emerging as a hot new real estate market with plenty of potential upside in the luxury real estate market, moving at lightning speed with heavy infrastructure investment and likely joining the European Union within the next decade. Some luxury real estate projects have seen valuations triple since 2025 in Southern Albania due to high demand and Albania’s growing reputation as a desirable European retirement and investment destination.

Folie Village, located in the beautiful bay of Jalë, is a gated community offering investors seeking high growth in the heart of the country’s most attractive region. Luxury real estate investors seeking villas in Europe have already started investing in our development due to its serenity, proximity to the azure blue waters of the Ionian and its huge potential for appreciation over the coming years.

 

Tips for Navigating Luxury Real Estate Investments

Whether you’re just in the research phase or are ready to make a down payment, it’s important to understand market trends and work with specialized agents and representatives when navigating the luxury real estate market in Europe. You’ll want to make sure the property you’re considering has high ROI potential and that you’ll be able to easily rent it out if you plan on using it as an investment property; if you plan on moving to the country or living there part-time, it’s vital to make sure that the host country’s regulations permit foreign buyers to come and go as they please.

Fortunately, Albania makes it easy for foreign buyers to own property here. Purchasing property here helps expedite the visa process for non-Albanian purchasers so they can easily travel and settle down in their new homes. With its booming tourism and stunning coastal properties, Albania offers exceptional opportunities for luxury real estate investments. Get in touch with Folie Village today so we can help you navigate this process and explore your options for buying a luxury villa in Albania that matches your financial and lifestyle goals. 

 

Did you know that Albania’s real estate market is projected to grow at an annual rate of 6% year over year in the next decade, making it a top emerging European real estate markets?

The numbers are unsurprising, given that tourism here is booming, the government is investing heavily in infrastructure and Albania’s reputation as an exceptionally warm and hospitable country that encourages foreign investment is spreading far and wide. 

Keen international investors will find that this up-and-coming European real estate investment destination is the perfect fit for those seeking quick growth in a stable and quickly growing economy that is set to join the European Union in the next decade. 

Albania, and especially Folie Village, are a standout choice for luxury real estate investment in Europe if you’re seeking an affordable touristic hotspot that will guarantee steady rental income for the years to come. 

 

Albania Versus Other Emerging European Markets

There are few other countries in Europe offering similar value. Bulgaria, for example, is seeing a luxury market that is growing with a 50% rise in high-end home sales in its capital Sofia, but it lacks Albania’s coastal appeal and lower entry costs. Albania is also far better integrated with the rest of Europe, with dozens of daily, direct flights to London, Vienna, Rome and other major European capitals, which make it easy for foreigners to visit or diaspora Albanians to come whenever they’d like.

Nearby Montenegro, known for luxury coastal properties, boasts good infrastructure but higher price tags in prime areas. The market there is more mature, reducing the upside potential for international investors seeking bang for their buck.

And Croatia, by now a well-established touristic destination, has become increasingly expensive in recent years. Beautiful and picturesque, this coastal enclave has plenty of popular Adriatic villas; the downside is that they are significantly more expensive than villas for sale in Albania. 

Albania’s edge comes into play with its lower pricing and higher potential upside. Tourism in the country continues to skyrocket, and pro-growth legislation is enabling international investors to purchase titles and land just as easily as locals. 

 

Albania Luxury Real Estate: A Unique Advantage

Albania has experienced robust GDP growth over the past couple of years, far outpacing the EU average. Rapid infrastructure developments, including the nearby Vlora airport, which is set to open this year, are making the country more accessible than ever before.

The country’s unique blend of cultural and natural appeal also make it an increasingly attractive destination for travelers and investors alike. An investment in Folie Village, the country’s premier real estate project along the iconic Jalë beach, positions investors between soaring mountain peaks in Llogara which overlook the glistening Mediterranean coastline and UNESCO World Heritage Sites, like nearby Gjirokastër and Berat.

With Albania’s highly welcoming stance towards foreign buyers, investors face no major restrictions on urban property ownership or to buy villas in Albania. The process is straightforward and gives you the opportunity to get your foot in the door before prices go up too much. 

Prime Minister Edi Rama campaigned on getting the country into the European Union by 2030, a promise he is keen to keep; purchasing a luxury villa in Albania now is an easy way to own property in an emerging market that is set to join the world’s largest trading bloc in a short amount of time.

 

Folie Village – A Top Luxury Home in Europe

The homes at Folie Village are perfect for those buyers who want to purchase luxury real estate in Europe. The prices in Albania are still competitive compared to nearby countries, and our homes are turn-key. We offer full-service management, helping you rent out your property when you aren’t using it, and have built an exclusive gated community that makes you feel connected to your neighbors in the heart of the Albanian Riviera.

The development’s strategic location along Albania’s beautiful southern coastline offers high rental yields and capital appreciation potential – in nearby Saranda, for example, a typical apartment has appreciated 12% since 2023, and that’s only been suppressed because of the hectic rate of building the city is undergoing.

Exclusive and tasteful, our villas offer you the opportunity to own your own slice of the Mediterranean. Get in touch with Folie Village today to learn more about the villas we have available and to book your consultation!

Albania is quickly becoming a European relocation destination for retirees, digital nomads and people who want to start a new chapter in their lives.

And with its untouched nature, low cost of living, Mediterranean climate and growing expat communities, it isn’t hard to see why. It’s easy to relocate to Albania! The government has enacted legislation and policies that simplify the process for foreign investors and property owners who want to own a second home or investment villa in this emerging Balkan travel destination, making the dream of living by the beach in a boutique seaside community more accessible than ever before.

 

Is it Easy to Move to Albania?

It’s very easy to move to Albania. Albania offers multiple visa and residency options, and Americans are permitted to stay in the country for a year without any visa at all. The 1-year residence permit is simple to obtain and renew, with additional options for property owners, retirees and entrepreneurs who invest in Albania. Combined with affordable real estate, a growing tourism sector, and rising rental demand, Albania is becoming an increasingly attractive destination for investors and those who want to move to Albania.

The bureaucracy here is manageable, especially with help from a trusted local lawyer or advisor, and digital nomads, retirees and foreigners in general find the environment in Albania very welcoming. Infrastructure is scaling up quickly, with a new airport slated to open this year in nearby Vlora (less than a 90 minute drive away), and new roads and highways opening all the time.

Is an Albanian Real Estate Investment Worth it?

Compared to neighboring Italy, Croatia and Greece, real estate prices in Albania are still affordable while offering the same breathtaking Mediterranean views that bring in tens of millions of visitors to this slice of southern Europe every year. 

The government’s continuing investment in coastal and resort areas and booming tourism means that high rental yields are all but guaranteed in the next couple of years. While increasing demand from international buyers has started to pump up prices, the market is still in its early stages – though not for long. 

 

Where to Move to in Albania

Tirana is attractive for many who want to be around other foreigners, but the south of Albania has become a popular spot for foreign investors who want to maximize their return on investment. Saranda is especially popular with foreigners, but offers limited return on investment due to the ever-increasing supply of apartments. Folie Village, located along the shores of the iconic Jalë beach, offers curated investment options like sea-view villas, a gated community and modern amenities that make the move to Albania all the easier. Owning a property here can strengthen your residency application, smoothing over the move to Albania.

With Albania property prices lower than compared to nearby locales, it’s no wonder many people are moving to Albania. This country isn’t just a great place to visit, but also a smart European investment location with a high-potential property market. 

If you’re thinking about buying a villa in Albania, get in touch with Folie Village today. Our seaside villas in the majestic bay of Jalë are your first step to starting a new life in Albania!

With so many people visiting Albania for the first time these past couple of years, international investors are starting to consider the country as a top European real estate investment location.

And with good reason – foreigners can easily own property in Albania, and valuations have been steadily climbing over the past five years. With Albania likely joining the European Union in the next decade, now is the perfect time to invest in this country.

But if you’re looking for your next seaside villa in Albania and aren’t sure where to invest in Albania, we’ve got you covered – the top luxury real estate in Albania can be found in Jale at Folie Village, an exclusive development project run by Millennium Business Group.

 

High-Quality Luxury Villas in Albania

What sets the villas for sale in Folie Village apart from the competition is the unique mix of breathtaking location, exclusive community living and the mix of modern and traditional design that goes into creating each unit.

The half-moon crescent bay of Jale is a serene and picturesque part of the Albanian Riviera. The villas offer direct access to a private beach featuring crystal-clear waters and panoramic sea views. While many properties for sale in Albania promise proximity to the water, Folie Village delivers with unparalleled gated access to a resort-like beachfront. Only villa residents and Folie Marine guests can enjoy this slice of Albania’s beautiful coastline, giving it a secluded feeling that can be hard to find during the Albanian summer season.

Each villa is designed to blend in seamlessly with the surrounding natural landscape and the nearby village of Vuno. With stone facades, terracotta roofs, and minimalist Mediterranean lines, you’ll feel yourself stepping back in time at these exclusive Albanian villas, all while enjoying the modern comforts of a real estate development run by one of the country’s best-known real estate developers.

 

European Luxury Real Estate

With decades of experience in high-end construction and real estate development, Millennium Business Group has gained a stellar reputation for high quality, reliability and attention to detail. We’ve built dozens of premium real estate projects in Tirana, Durrës and the Albanian Riviera which are well-known for their return on investment, high quality and modern comforts. If you’re looking for your next European luxury real estate investment, consider Folie Village. Known for delivering units that meet international standards, Millennium is widely considered one of Albania’s top real estate developers.

At Folie Village, we offer three different types of villas for sale in Albania:

 

Private Villas

These villas are perfect for modern families and couples looking for luxury living along the Mediterranean sea. Each one of these spaces features sea views, blending the line between human architecture and nature. Each villa is complete with private parking, an infinity pool and private parking. Learn more about Folie Village’s private villas here.

Family Villas

These larger units feature spacious floor areas and unique terraces that overlook the pristine waters of the Ionian sea. The carefully curated interiors are designed to offer both comfort and authenticity, providing a seamless fusion of tradition and contemporary living. See pictures and learn more about the Family Villas here.

Atrium Villas

These ultimate luxury living experience in the south of Albania comes to life at Folie Village’s Atrium Villas, the best choice for those seeking well-being and tranquility. The harmonious blend between the indoors and outdoors invites nature into every corner of the villa. The lines between living space and landscape are blurred by open courtyards and rooftop terraces that offer a full experience of the Albanian climate and nature. Learn more about our Atrium Villas here.

If you’re interested in buying villas in Albania and want to invest in the country’s luxury real estate scene, don’t hesitate to reach out to Folie Village. We will walk you through the process and introduce you to the country’s most exclusive real estate development, helping you find your next home along the Mediterranean Sea.

 

Retirement is a new chapter in your life, and it doesn’t have to mean downsizing your lifestyle: instead, retirees moving abroad are oftentimes looking to maximize their freedom and improve their living standards by finding the best bang for their buck.

And Albania is just that: the perfect spot for retiring in paradise.

Albania has been steadily attracting retirees from the United Kingdom, the United States, Germany and beyond – all of whom are seeking the best place to spend their golden years.

And who can blame them? Albania is affordable and offers retirees multiple tax advantages, boasts a warm and welcoming culture and gives foreigners full property ownership rights. Getting an Albania retirement visa is easy if you purchase a home along the sea like those on offer at Folie Village, have income of at least 120,000 ALL (approximately €1,200) a month, purchase health insurance and can prove you have a clean criminal record.

And, of course, the country is drop-dead gorgeous: the Albanian Riviera has fast become known as one of the most beautiful destinations in Southern Europe, worth spending a summer – or perhaps all your retirement years?

Here are three reasons you should retire in Albania if you’re a pensioner seeking your overseas paradise to enjoy your next chapter in life.

 

1. Affordable Cost of Living in Albania – and its Tax Advantages

The cost of living in Albania is significantly lower than in many Western countries, which will help you spread out your retirement plan over more years – without sacrificing comfort, quality of life, or coastal views.

For example, a seaside dinner for two with fresh fish, wine, and dessert might cost under €40 in the Albanian Riviera, compared to €80 or more in popular Italian or Californian seaside locales.

Electricity, water and internet in Albania are much cheaper than in the United States and Western Europe. In the south of Albania, for example, your utility bill will likely fall between €100–€120 range for a modern, energy-efficient home like the ones offered by Folie Village, and high-speed fiber internet is available for as little as €100 a year with popular providers like Vodafone.

Grocery shopping in Albania is also far more affordable than in Western countries. A week’s worth of fresh, locally sourced produce, dairy, and bread for two people might cost just €30 – €40, while the same basket of goods could easily exceed €80–€100 in the U.S., UK, or Germany.

Foreign retirees are also not taxed in Albania, enabling them to maximize their income as they stop working and take time to enjoy life. Albania’s double tax treaties with most Western European countries and legislative amendments exempt foreign retirees’ pension income from taxation, allowing them to keep their full earnings without deductions. 

And investing in a property like Folie Village, which offers long-term value and high appreciation potential as more and more tourists and other retirees discover the country, is a great way to store value and secure a comfortable, scenic retirement home in Albania’s growing real estate market. 

 

2. A Welcoming Local Community and Growing Expat Presence 

Albanians are famous for their hospitality, and you’ll feel right at home retiring in Albania as a foreigner. Local culture here is informed by besa, a concept that translates roughly to keeping one’s word and welcoming foreigners. Hospitality and warm relations among neighbors are the norm rather than the exception in Albania, and you’ll feel that the moment you interact with local villagers and city-dwellers alike. 

And the growth of expat communities in nearby Himare, Saranda and other Albanian Riviera towns means that you won’t be alone. Over the past three years, these coastal gems have drawn increasing numbers of retirees from North America and Europe, lured by tax-free pensions, affordable living and the vibrant Mediterranean lifestyle.

Folie Village is designed as a reimagined village – drawing inspiration specifically from neighboring Vuno – where everyone is welcomed like family, with social events and communal spaces offering opportunities to meet and mingle with neighbors.

Services in Albania are largely available in English, and foreigners are viewed as a blessing rather than a burden in this corner of the Balkans.

 

3. Foreigners Can Own Property in Albania with Full Rights

The country has in recent years vastly simplified its legal system, making it easier than ever before for foreigners to buy property in Albania. There’s no need for residency or citizenship, although obtaining long-term residency is easy, especially for those buying property like the villas on offer at Folie Village.

A transparent legal process makes purchasing real estate in Albania easier than ever before. You will receive full title ownership upon completion of the purchase process, and the fact that there’s no inheritance tax and super-low property taxes makes this Mediterranean destination a reliable and stable country to spend your sunset years. 

A growing number of expats are already moving here, making the arrival in this foreign country easier than ever before.

Folie Village is a fully legal, foreign-friendly property with titles ready for your purchase. We make the process painless, with highly-knowledgeable, English and Italian speaking staff on hand ready to help you transition to life along the Ionian Sea.

Why Folie Village is Ideal for Retirement in Albania

Still not convinced? Book a call with us today to discover why Folie Village is the perfect Albanian retirement spot for pensioners. Our villas are a private, quiet and picturesque location along the Albanian Riviera.

The villas are turn-key: move in with ease and forget about renovation or home improvement. This gated community offers safety, privacy and peace of mind, and on-site maintenance and management services simplify the process of upkeeping your property or renting it out to generate passive income.

Come find out why so many have already chosen to make Folie Village more than just their home, but a lifestyle. 

We get many foreign investors asking us – can foreigners buy real estate in Albania?

The answer is a resounding yes.

With so many newcomers to this corner of Southeastern Europe discovering Albania’s incredible coastline, dazzling mountain peaks and welcoming culture of hospitality, the real estate market in Albania has heated up. Since 2021, expats, remote workers and investors have been streaming to Albania in large numbers in search of work-life balance, higher return on investment and the opportunity to live in a Mediterranean locale without the sky-high prices of nearby Greece and Italy.

But before you start looking seriously into buying property in Albania, you need to understand the legal framework around purchasing property in this country.

Can foreigners actually buy the property for sale in Albania?

Yes.

 

The Short Answer: Yes, Foreigners Can Buy Property in Albania

Non-Albanians can legally buy real estate in Albania, receiving titles that give them full ownership rights over their purchase without the need for residency or citizenship.

Albania has, in fact, encouraged foreign investment in real estate in recent years, simplifying the buying process, offering competitive property prices, and promoting new developments in coastal areas like the Albanian Riviera to attract international buyers.

Pretty much any real estate investment can be made by a foreigner in Albania. Non-Albanians are entitled to buy new developments and resale properties without any restriction.

There are virtually no limitations on the types of properties foreigners can buy in Albania.

 

Why Buy Albanian Riviera Real Estate? 

But don’t opt for farmland when the real Albanian real real estate growth potential lies in the Albanian Riviera. 

The south of Albania has seen an explosion in interest in the past couple of years as international tourism continues to balloon. Last year, Albania saw some 14 million tourists arrive at Tirana International Airport; with the completion of the country’s second airport in Vlora set to be done this year, expect those numbers to continue rising.

Albanian beaches are just as beautiful – if not more – than Italian and Greek beaches, offering the same Mediterranean climate and laid-back lifestyle that brings millions of tourists to this region of Europe each year.

This means that an investment in a coastal property in southern Albania is a surefire way to ensure short-stay rental income for years to come. 

Folie Village is Southern Albania’s premier real estate development project. With modern, turn-key homes in a luxury gated community, the villas for sale in Jale, Albania are the best opportunity for international buyers seeking coastal beauty, architectural elegance and long-term value on the Albanian Riviera.

Buying today gets your foot in the door before prices get too high – and with Albania set to join the European Union in the next 5-10 prices and continued investment driving up real estate valuations, the best time to buy is now.

 

The Process for Buying Luxury Real Estate in Albania

Step one is finding the right property or development in Albania.

Those seeking long-term value and exclusive living will find themselves at home in Folie Village. After signing a preliminary agreement, you’ll want to do your due diligence with a local lawyer and notary.

The final sale contract will be signed by a notary, which will help you register the title with your local property registry.

You can expect fees of around 2-3% for this leg of the process: that’ll cover closing costs and registration.

You’ll of course want to open a bank account to simplify the process. Albania is home to many international banks that are reputable and whose customer service mirrors what you’ll find in Western Europe – for example, Raiffeisen Bank is an Austrian bank with multiple branches in Albania with which many foreigners work.

 

Tips for a Smooth Real Estate Transaction in Albania

Our tips for closing the deal on property in Albania?

• Work with an English-speaking real estate agent and developer 
• Hire a local notary/lawyer to verify titles and zoning regulations 
• Ensure that all utilities and permits are in order 
• Consider long-term management or rental services if buying as a second home or investment, like those offered by Folie Village

With the right team and due diligence, buying property in Albania can be simple, secure, and stress-free.

 

Buying Property in Albania as a Foreigner is Easy

Buying property in Albania has never been easier, with many foreign investors and nomads already investing in the local real estate market.

Albania offers value, beauty and simplicity for real estate buyers. Folie Village is the perfect example: our elegant beachfront villas are already selling fast, so get in touch today to check out villas for sale in Albania! The exclusive living they offer is a rare blend of Mediterranean charm, modern comfort and investment potential – making it one of the most desirable destinations on the Albanian Riviera for foreign investors.

Are you considering buying property in Albania?

This country has seen an explosion in interest in the past couple of years. As Albania’s economic outlook continues to improve and the likelihood of joining the European Union grows with each passing year, Albania is quickly becoming an attractive real estate investment destination for many international buyers.

But Albania is a relatively unknown country – previously called the North Korea of Europe, today it has attracted over 14  million tourists annually and is gaining attention from investors seeking early opportunities in an undervalued Mediterranean market.

As the country opens up to the world and more and more investors consider properties for sale in Albania as a great financial opportunity, Folie Village, southern Albania’s premier real estate development project, has put together this short explainer about purchasing beachfront property in Albania.

 

1. Lower Prices Compared to Neighboring Greece & Italy

Albania is sandwiched between two well-regarded international tourist destinations: Greece and Italy. With 476 kilometers of coastline split between the Adriatic and Ionian Seas, Albania has a coastline that is similar or identical to the Italian and Greek beaches that have become synonymous with the unique Mediterranean vibe that so many international investors seek when making the decision to invest in this region of Europe. 

Those looking for coastal living without the premium prices of these already-developed markets will find Albania an attractive destination: prices here are still a fraction of those in neighboring Greece and Italy, offering the rare chance to own seafront property at entry-level prices in a market poised for long-term growth.

 

2. Booming Tourism Driving Strong Investment Returns

Did you know that Albania welcomed over 14 million foreign tourists last year (2024)? These are incredible numbers when you consider that Albania is home to some 2.5 million citizens. Tourist numbers are expected to keep rising, with the first half of 2025 already seeing solid growth compared to the same period last year.

Buying property in Albania, especially beach villas, is a surefire way to guarantee short-term rental income for years to come. As the country continues to attract more and more international visitors, the share of GDP generated by tourism is growing rapidly – creating a strong foundation for real estate investors seeking reliable returns. With increasing demand for vacation rentals and limited high-end coastal inventory, early investors are well-positioned to benefit from rising property values and steady rental yields in the years ahead.

 

3. European Living Without the Bureaucracy or Price Tag

Want to live in Europe without dealing with the heavy bureaucracy associated with European Union regulations? Albania is still outside the union but will most likely join it within the next 5-10 years, per Prime Minister Edi Rama’s plans. Now is the perfect time to get your foot in the door in an emerging market that is already well-integrated with the rest of the continent and the largest trading bloc on the planet.

Tirana International Airport has already seen major expansion, offering daily flights to major European capitals like Rome, London, and Vienna, with additional routes being added each season to accommodate rising demand from tourists, expats and investors alike. The country’s newest airport in the south, Vlora International Airport, is set to open this year and further deepen Albania’s integration with Europe, providing direct flights to the south’s popular beaches, including Jale (pronounced “yal”), where Folie Village has exclusive access.

 

4. Booming Infrastructure and Coastal Development

Both the government and the private sector are heavily investing in Albania’s south, which is home to the country’s best beaches. The new airport will shorten the travel time tourists need to get to the Albanian Riviera, and new roads and tunnels have opened in the past two years connecting Tirana to the south, with a bypass around Vlora and a tunnel drilled through Llogara Mountain shaving hours off the travel time from Tirana to the south. 

And Jale isn’t the only area seeing luxury developments – nearby Dhërmi and Vlorë are also now home to high-end developments that are attracting foreign investors eager to cash in on the development opportunities Albania offers. These infrastructure upgrades are driving up local property prices, making early investment attractive before prices catch up with neighboring Mediterranean markets.

 

5. Favorable Laws for Foreign Property Buyers

Albania isn’t just beautiful and undiscovered – it’s also foreigner friendly. Unlike other exotic locales like Indonesia or Vietnam, or even European countries like Malta, foreigners are permitted to directly purchase land and properties in this European hotspot, simplifying the purchasing process and giving foreign investors the same rights as locals. 

Low property taxes and no restrictions on repatriating rental income or resale profits make Albania especially investor-friendly, and the legal process for buying property is straightforward. A clear title system and a growing number of experienced local lawyers and real estate agents make it easy for international buyers to navigate the process with confidence.

Albania is a beautiful emerging market that’s already catching international real estate investors’ attention. The best time to invest is now, before prices skyrocket and real estate becomes inaccessible. Get in touch with us today to learn about investing in southern Albania’s most exclusive real estate project, Folie Village, today.