Why should one consider Albania for real estate investments?

Albania as an attractive place for business

In recent years, Albania has become increasingly popular among European businessmen who see it as an attractive destination for investing in real estate and starting their own businesses. People looking to move to the coast often have pressing questions about choosing the best city and the nuances of acquiring real estate. We discussed these issues with a Belarusian family that has been actively involved in the real estate and tourism business in this unique corner of Europe for the past seven years.

Historical context of Albania

The history of Albania shows that the country has only recently begun to be recognized as an interesting tourist destination. This country is often referred to as the "Land of Eagles" or the Republic of Shkiperia, a name derived from the Albanian word "shqiponja," which translates to "eagle." Despite its beautiful landscapes and cultural heritage, Albania is surrounded by many myths and prejudices. On the internet, one can find frightening stories about the local mafia, drug trafficking, high crime rates, and historical vendettas that may deter potential tourists.

Social and economic aspects

According to various sources, including Wikipedia, Albania is often considered one of the poorest countries in Europe and the only Muslim state on the continent. Some of the most memorable images of this country are the old "Mercedes" cars, as well as the military bunkers that have become symbols of Albania.

Suppression and repression

For 44 years, the communist dictator Enver Hoxha ruled the republic. He closed the country's borders, prohibited travel outside its territory, and demanded that every family build bunkers in case of military conflicts. Beaches were declared "military zones," which also banned citizens from swimming in the sea and using private cars. Those who sought change and a better life faced serious reprisals. This atmosphere of fear created an information vacuum around the country.

Transition to democracy

After Hoxha's death in 1985, his regime lasted another five years until a new era of democracy began in the 1990s. The new authorities banned communist ideology and dismantled monuments to Soviet leaders. However, the state faced an economic crisis, and basic goods were in short supply on store shelves, which did not contribute to improving the living standards of Albanians.

Mass migration and its consequences

In 1997, major cities were engulfed in mass protests that led to the overthrow of the government. The country's borders opened, and many Albanians began migrating to European countries. By the early 2000s, the number of refugees from Albania exceeded one million. In such a situation, discussing investments or even a normal vacation became extremely difficult.

Changing perceptions of Albania

Nevertheless, perceptions of this country and its people are gradually changing thanks to new tourists who come and see the real Albania with their own eyes. Since 2005, the position of Prime Minister has been held by Edi Rama, the leader of the ruling political party. During this time, the country has made significant progress in freeing itself from the former authoritarian regime, striving for development and progress.

Investment prospects

Currently, Albania, with its picturesque coastal shores and rich cultural heritage, is increasingly attracting foreign investors. Opportunities for investment in real estate and entrepreneurial ventures are significantly growing here, making the country an ideal place for living and business development. In an environment open to innovation, more and more Europeans are becoming interested in considering Albania as a promising destination for the future.

Transformations in the country

The Prime Minister, holding a degree in architectural design and artistic decoration, has become a catalyst for significant changes in the country. During his tenure, he initiated the implementation of projects for the construction of new high-speed roads, the creation of underground tunnels in mountainous areas, as well as the opening of new educational and medical institutions. Remarkable economic growth is observed in sectors related to mineral resource extraction and the oil industry, and there has been a significant increase in the number of foreign company representations, which has positively impacted local business structures.

Economic development and international relations

Products from Albanian farmers, textile workers, leather manufacturers, and pharmaceutical products under the brand“Made in Albania”Albania began to conquer international markets, which led to the strengthening of the country's position as one of the leaders in the Balkans in attracting foreign investments. Since 2009, Albania has been a full member of the North Atlantic Alliance, and since 2014, it has been seeking membership in the European Union. In 2020, Prime Minister Edi Rama became the chairman of the OSCE, opening new horizons for Albania's foreign policy activities. In 2022, Albania strengthened its position on the international stage by becoming a new member of the UN.

Growth of tourism

According to data, in 2021, Albania was visited by over 7 million tourists, with a population of only 2.5 million people. The country's tourist areas received high ratings, ranking among the top 25 most popular tourist destinations in Europe. Renowned global publications, such asThe New York TimesandLonely PlanetDifferent corners of Albania were noted as some of the best travel destinations in the world in 2014 and 2019.

The country's appeal to tourists

In recent years, travelers have noted:

• The magnificence of Albania's natural landscapes;
• Abundant and diverse dishes in local restaurants;
• The warm hospitality of the locals;
• A high level of security for the country's guests.

Nevertheless, many tourists are surprised by the presence of expensive cars among the locals, modern villas with rooftop pools, as well as the small number of women in hijabs on the streets.

Foreign investments and entrepreneurs

The number of foreigners who have decided to start a business in the country has significantly increased. For example, the Belarusian family of Olga and Vitaly Bondarik, who have been living in the coastal city of Vlorë since 2016. During this time, they have become the founders of a multifunctional company.Bond Investment Group, integrating several companies operating in various industries. Vitaly Bondarik heads the complexEstateAll Albaniarelated to the sale, rental, and management of real estate, as well as the launch of investment projects.

Tourist services and consulting

Olga Bondarik, being a licensed tour guide in Albania, became the founder of the first Russian-speaking travel agency with unique itineraries calledAlbaniaAllIn my travel blog on Instagram under the nameLola BondShe shares the charm of the country and her impressions of life there. Olga is also actively involved in immigration consulting, providing legal services to foreigners who wish to start their own business and obtain residency. She manages rental properties under the brand."Rent in Albania"They offer tourists more than 50 apartments on the picturesque shores of Vlorë, which attracts more and more guests.

A new source of information about Albania

The first news resource about Albania in Russian has been created, called @albaniall. A platform for communication has also been organized for people living and vacationing in Vlorë — a Telegram chat @vlora life & live.

The company "Bondov"

The company "Bondov," as friends and clients call it, has two large offices in the city center. Here, job opportunities are available for both local residents and Russian-speaking specialists. They actively participate in promoting Albania through international media and also take part in various exhibitions and conferences dedicated to the region.

Vitaly's story

Vitaly, one of the first Belarusians to decide to move and start a business in Vlorë, shares his impressions: "We live in a picturesque coastal town where two seas meet — the Ionian and the Adriatic. This city is the third largest in Albania, with a population of about 144,000 people. Vlorë is home to the country's second most important international port and the longest (14 kilometers) and most modern promenade — Lungomare."

Infrastructure of Vlorë

On the coast, you will find numerous high-end hotels, as well as gated complexes with villas, swimming pools, and even helipads. In 2021, the famous show "Eagle and Tails. Girls" was filmed in Vlorë, where the host Nastya Ivleva described this city as an elite resort for wealthy people.

Our achievements in Belarus

In our homeland, we had successful business projects and partnerships with well-known personalities. Olga was involved in charitable initiatives and created a family educational club, while I managed a network of shoe and accessory stores featuring famous brands.

Honeymoon in Albania

In 2016, we went on our honeymoon to Albania on the recommendation of business friends who were looking for profitable real estate. We were also considering the option of buying an apartment in Spain or Cyprus, but decided to give Albania a try. Our acquaintances had already purchased property here, viewing the country as an attractive place for both vacation and investment.

Falling in love with Albania

The trip to this Balkan region left a strong impression on us, and we immediately fell in love with its beauty. In all the years we've lived here, we've never regretted our choice. We even joke, calling Vlorë "our little Nice." Many tourists compare Albania to Greece, Italy, or Croatia, but they note that the prices here are significantly more affordable.

Immigration and investments in Albania

If you are considering options for immigration, starting a business, or planning to purchase property on the coast, we recommend looking into Albania. Our agency, EstateAll, has been an expert in investment and one of the leaders in real estate sales in Albania since 2016. We would be happy to assist you in this process.

A team of professionals

Our agents and brokers are certified specialists with degrees in economics and law, fluent in seven languages, including Russian. We are ready to help you make the right choice and find the perfect option for living or investing.

Changes in Albanian legislation

Since the beginning of 2022, new rules regarding the operation of real estate agencies have come into effect in Albania. Now, a state license is required to carry out this type of activity in the country. We strictly adhere to the laws of Albania, care about our reputation, pay our taxes diligently, and strive to meet the needs of our clients, just as we did in Belarus.

Challenges of doing business

Doing business in Albania requires significant effort and patience, as the locals have an unusual approach to work and life, making the process of organizing business processes that are familiar in Minsk quite challenging. We had to master the art of building relationships with local partners and contractors, adhering to their rules and standards.

In this regardflexibilityandadaptabilityIn business management, key aspects come into play. We have been able to stand out among competitors due to our deep understanding of customer needs and a personalized approach, where not only financial success is prioritized, but also human values and mutual assistance.

Social responsibility

Our family business is based on the principle that we are passionate about what we offer and genuinely value our customers. We also actively participate in charitable initiatives aimed at supporting orphaned children, collaborating with the municipality of Vlorë and local deputies. My wife Olga, who raised nine foster children before moving to Albania, is actively involved in the implementation of social projects. Now she continues her important work, helping women and children in need.

Recognition in the business community

We are respected within the business community, and our family is often cited as an example at various conferences and meetings in the city. Local media and television channels have repeatedly highlighted our activities. Albanians highly appreciate that emigrants from Belarus have successfully established a business in their territory.

Achievements and customer reviews

Often, we are surprised by how we managed to achieve significant success in a short time, without the help of friends and family, as well as without large financial investments. Numerous positive feedback from clients, over 50 apartments under our management, and a significant number of Russian-speaking expats we have assisted during their relocation speak louder than any words, Olga notes.

Why choose Albania?

Why are more and more entrepreneurs choosing Albania as their new country for living and working? This country is a unique place where two seas meet — the Ionian and the Adriatic. Here, you can enjoy 300 sunny days a year, a mild Mediterranean climate, and stunning nature with numerous parks and reserves where you can see flamingos and pelicans.

Unique natural sites of Albania

• Lake Ohrid is the oldest lake in Europe, boasting rich biodiversity.
• The Vjosa River, which was defended by the famous actor Leonardo DiCaprio.
• The highest waterfall is Nivica.
• The majestic impenetrable mountains of Prokletije.

All these natural resources, the comfortable climate, and the friendly people are exactly the traits that attract people from all over the world to create businesses and a new life in this amazing country.

The dangerous pass of Llogara

The most dangerous part of the driving route in Albania is the Llogara Pass. It is known for its narrow, winding serpentine road that can make even experienced drivers uneasy. From this spot, there are breathtaking views of the Albanian coastline and the sky-blue Ionian Sea, which can leave any traveler in awe.

Eco-friendly traditions

In recent years, the republic has once again begun to develop the traditions of producing eco-friendly goods, turning to practices that exclude genetically modified organisms and chemical components. Albania has a rich history, unique cultural heritage, and numerous monuments that are protected by UNESCO.

Friendly residents

The locals are known for their hospitality and friendliness, as well as their tolerance towards various religious and national groups, which makes the country particularly attractive to tourists. Olga shares her impressions of the main virtues of Albania and its people.

Investment opportunities

According to Vitaly, who is in the business sector, one of the main reasons foreign investors are paying attention to Albania is the low real estate prices along the coast. More and more people are buying residential properties to obtain residency permits, which is contributing to the country's growing popularity.

• Since 2018, there has been a steady increase in interest from Europeans in real estate in Albania.
• Albanians themselves are also attracted by the opportunity to invest in housing and commercial property.

Among the buyers, you can see many Italians, Poles, Swedes, Germans, Norwegians, and Finns, who previously did not make up a significant share of the market. However, in the last two years, there has been a sharp increase in interest from citizens of Russia, Belarus, Kazakhstan, and Ukraine, which has reached about 60%.

Pandemic and tourists

Since the onset of the global pandemic in 2020, Albania has remained one of the few countries that welcomed tourists without the need for testing or vaccination. This situation attracted many vacationers who chose our country for their holidays and real estate investments.

Olga, a lawyer, reports that since March 2022, there has been a significant increase in requests for residence permits through real estate purchases, as well as inquiries related to company relocations. Every day, she receives numerous inquiries on these topics.

Changes in legislation

The legislation regarding foreign citizens was updated in June 2021, allowing for more than 20 grounds for obtaining a residence permit. Among them, in addition to real estate investments, there are other opportunities for:

• Entrepreneurs
• Freelancers
• “Digital nomads”
• Pensioners

Italian, English, and German retirees are actively investing in real estate in Albania, allowing them to enjoy life in a country with a mild climate and delicious local cuisine. Businessmen are also interested in the Albanian tax system, the ease of company registration, and the tax incentives for those looking to invest in the tourism sector.

Geographical location

Albania's convenient geographical location, bordering Montenegro, North Macedonia, Kosovo, and Greece on land, and Italy and Greece by sea, opens up excellent trade routes. For example, the journey between the port of Vlorë and the Italian city of Brindisi takes only five hours by ferry, making transportation accessible and straightforward.

Prospects for life and business

Overall, Albanian real estate and cultural diversity offer many attractive opportunities for living and doing business in this beautiful country.

The travel time from Albania's largest port, Durres, to the Italian city of Bari is approximately eight hours. The country has two international airports: one is located in the capital, Tirana, and the other is in Kukës, in the north of Albania. In November 2021, construction began on a new intercontinental airport, which is situated in the village of Novoselë, just twenty kilometers from Vlorë.

In the past few years, Albania has undergone numerous changes: rapid development of the real estate market, positive economic dynamics, low inflation rates, the construction of modern roads, the restoration of historical settlements, and the adoption of many innovative government initiatives. All of this highlights the significant transformations that have taken place during our six-year stay here, and it is gratifying to realize how much Albania has changed since 2016.

Features of the real estate market

The real estate market in Albania can be conditionally classified into several segments:

• resort accommodation
• apartments in the capital
• land plots for the construction of country houses and villas
• land for commercial purposes and agricultural use

As of today, there are many new residential complexes at various stages of development, as well as the secondary real estate market, says expert Vitaly.

Common myths about buying real estate

There is a common myth among buyers that purchasing an apartment at the "foundation" stage can significantly reduce costs. This approach did yield results five years ago, but in the last six months, construction prices have increased by14-20%This is explained by the global economic crisis, which has affected the cost of oil, construction materials, and related services.

Find housing with a sea view on the first line for a price around30,000 eurosIt has become almost impossible, while the price of liquid real estate in resorts varies from40 to 50 thousand eurosand continues to grow.

Our company and its offering in the market

Our company is actively operating throughout Albania and offers a large, constantly updated database of real estate in Vlorë and the surrounding areas. We, the employees of Estateall, have up-to-date information about the housing market and keep track of changes in legislation, which allows us to respond effectively to client demands.

In today's conditions, it is extremely important to stay informed about all the innovations in our business.

Goals of purchasing real estate

When making a decision to purchase real estate, it is important to clearly understand the purpose behind your decision. You may be planning to rent out the apartment, use it for summer vacations, or invest with the intention of a profitable resale later. These circumstances affect many aspects of your choice.

Resort destinations in Albania

Many people believe that there are only three main resort destinations in Albania: Durres, Vlora, and Saranda. However, in reality, there are numerous alternative places that offer interesting and enticing options along the coast of this wonderful country.

Moving to Tirana

If you are considering moving to Tirana, the capital of Albania, be prepared for an active and dynamic lifestyle, as well as constant traffic jams. The population of Tirana is nearly one million people, and this is where the most expensive real estate in the country is located.

Infrastructure of Tirana

The city offers a variety of luxury hotels, stylish cars, exquisite restaurants, and places for outdoor activities. Tirana also features:

• universities;
• healthcare institutions;
• picturesque natural parks.

You will be able to ride one of the longest cable cars in the Balkans and enjoy local cuisine, which makes the city particularly attractive to foreign investors.

Real estate prices

The prices for residential real estate vary depending on the area. For instance, the cost per square meter in older residential complexes (buildings constructed in the 60s to 80s) starts at approximately900 eurosNew buildings typically have a price starting from1400 to 3000 eurosper square meter. Private houses with garden plots can be purchased starting from190,000 euros...while modern villas in residential complexes start at a price of...600,000 euros.

Commercial real estate is also in high demand, as Western investors are actively entering the hotel and retail segments of the market.

Adriatic coast

Just half an hour's drive from Tirana lies the picturesque Adriatic coast, which opens up opportunities for employment and entrepreneurship; however, competition in this market has significantly increased.

Durrës is a resort city.

Durrës is the second largest city in Albania, known for its magnificent sandy beaches and a major international port. The water in the Adriatic Sea here has a delightful emerald hue, and the entry into the water is smooth and shallow, creating ideal conditions for a family vacation. In the resort area, you can still find accommodation at reasonable prices, which is very appealing to various families.

Seismic activity

Nevertheless, it should be noted that the Balkan Peninsula region is prone to seismic activity, and many properties in Durres were damaged as a result of the earthquake in 2019.

Our goal

Our goal is not just to sell you an apartment and earn a commission from it. We strive to ensure that your purchase brings you joy. After all, a home is a symbol of comfort and happiness.

Real estate inspection

Every property we offer in Durres undergoes a thorough inspection before sale, confirming its technical suitability. However, it is worth noting a number of drawbacks, such as chaotic construction, a large number of unfinished projects, and the presence of less attractive neighborhoods.

Investment opportunities

In winter, life in popular resort areas, including Cherret, Golem, and Kavaja, significantly quiets down. However, in summer, these places become a magnet for tourists, creating interesting investment opportunities in real estate.

Moving with children

If you are planning to move with children, you will likely have to leave the resort areas and relocate to an urban area. Being here, there are several positive aspects, such as the proximity — just 30 minutes to the airport and only 40 kilometers to the capital of the country.

The cost of living in this area is significantly lower than in major cities like Tirana, Vlorë, or Saranda. You might also consider buying an apartment for rental purposes, which could turn out to be a profitable investment. This region attracts the attention of families with children, especially citizens from neighboring countries like Kosovo and North Macedonia.

Northern resorts

Shendzhin and Velipoja are northern resorts famous for their wide beaches along the Adriatic Sea. The trip to the capital's airport will take about an hour.

Vitaly, a real estate specialist, emphasizes that many picturesque corners of Albania remain unjustly overlooked by investors. He recommends paying attention to the northern beaches, especially if your budget is limited to 30,000 euros. The geographical proximity to Montenegro makes this region even more attractive for tourism.

Modern complexes

In the past couple of years, many modern complexes with swimming pools have been built here, the waterfronts have been improved, and interesting tourist areas have been opened. Vlorë attracts investors with its unique combination of proximity to two seas: you can have breakfast by the Adriatic and swim in the Ionian Sea by evening.

This region truly preserves its wild nature! The pristine beaches of uninhabited islands like Sazan and the Karaburun Peninsula are real treasures.

Local impressions

Olga, a local resident, shares her impressions of life in her city. However, it is worth noting that the lifestyle here may seem unusual to foreigners.

Not every entrepreneur will manage to adapt to the local pace of life, which in Albanian is called "avash-avash," meaning "slowly." It may take about three years to get used to such a calm way of life.

Real estate prices

Prices for quality apartments (most often unfurnished) with one bedroom, around 80 square meters in size, and a small side view of the sea start at 80,000 euros, or 1,000-1,200 euros per square meter.

Our agency has a limited number of offers in the "economy" category. We strive to find options that can bring good profits to our clients. Liquid properties in Vlorë sell quickly.

Our goal is not the number of properties, but to sell quality real estate under favorable conditions.

Saranda and its features

Saranda, the southernmost resort city in the country, is an important center of Albanian tourism. Here, you can enjoy the beauty of the azure Ionian Sea.

Just 15 kilometers from the town are the famous beaches of Ksamil, which international media have dubbed the "Albanian Maldives." The Greek island of Corfu can be reached in just 50 minutes by ferry.

This area features Greek-style restaurants and hotels, as well as numerous luxury spots for relaxation, with property prices and the cost of living being among the highest on the coast.

Disadvantages and local conditions

Nevertheless, there are some drawbacks: hilly terrain and closely spaced buildings can cause some inconveniences. Therefore, if you are planning to move or want to invest in real estate, it is important to carefully study the market and weigh all aspects.

The variety of resorts and the unique nature of Albania make it an attractive destination for both tourists and investors.

The cost of real estate in Albania

In Albania, the market price of apartments with an area of about 80 square meters ranges from 90,000 to 120,000 euros. However, if you want to enjoy stunning panoramas, be prepared to invest from 140,000 to 150,000 euros.

Why should you choose Albania?

But what motivates people to buy property in this country when there are many more affordable options in other parts of the world? Today, Albania boasts several notable advantages. Among them, it is worth highlighting:

• Favorable conditions of the legislative system.
• Lack of mandatory vaccination control.
• The ability to enter one's territory without hindrance.

While countries like Turkey, Spain, and Italy imposed hefty fines on their citizens for not adhering to COVID restrictions, Albania turned out to be one of the few nations that opened its borders, welcoming travelers without any restrictions.

Residence permit through investment

One of the most attractive innovations since the beginning of 2022 has been the introduction of a residency program through real estate investment. Clients are impressed that there are no strict requirements for the minimum investment amount.

Affordable housing costs

Housing costs here are quite moderate.

• Property taxes are low and usually amount to only 3-5 euros per month.
• The utility bills are also quite reasonable: for a studio during the winter period, you can pay around 20 euros.
• If you own a one-bedroom apartment, the bills for electricity and water will be around 40-50 euros.

Heating and climate

Like in most Mediterranean countries, Albania lacks a centralized gas heating system. During the winter, locals use air conditioners and electric heaters; in private homes, you can also find fireplaces and boilers that run on wood or electricity.

In winter, the air temperature on the coast rarely drops below 10 degrees Celsius, and on sunny days it can reach 18 degrees, creating comfortable conditions for wintering by the sea.

Environmental benefits

The issue of ecology is a top priority here. Many who have moved to Albania have noted a significant improvement in their health, relief from allergies, and a change in their psychological state. Local doctors claim that the combination of the sea climate, sunlight, and healthy nutrition is one of the best factors for recovery.

Water resources

Albania is also known for its water resources; the country is sometimes referred to as a true gem of Europe due to its numerous natural springs. There are many companies here that bottle pure drinking water, and only high-quality artesian water is used for beer production.

Culinary traditions

The cuisine in Albania is diverse and delights visitors. Local farm products are quite affordable, and fresh seasonal vegetables and fruits are easy to find. Seafood and fish are also inexpensive here: a full meal with soup and a fish dish will cost only 12 euros. One of the significant advantages is the freshness of the ingredients used — Albanians rarely resort to refreezing.

Swimming season and safety

The swimming season in this region opens in May, but sometimes it's possible to swim in April as well, depending on the weather conditions. Safety is another significant reason for investors and tourists. Here, you can leave your belongings on the beach without worry, as no one would dare to touch them; the elderly locals are always ready to take care of your property.

The Russian language in Albania

It is also worth noting that representatives of the older generation remember the Russian language, as in the past, when Albania had friendly relations with the USSR, Russian was successfully taught in local schools.

Crime and respect for foreigners in Albania

Comparing the situation in Albania with other Balkan countries, it can be noted that the crime rate there is quite low, and the locals treat foreigners with great respect. In recent years, the cost of real estate in the country has significantly increased.

For example, a three-room apartment with an area of 107 square meters and a sea view in the first line, purchased in 2016, cost about 70,000 euros. Currently, a similar property is valued at around 120,000 to 130,000 euros, which represents a price increase of 50% in just six years.

Advantages of living in Albania

If you are attracted to life in Albania and all its benefits, we recommend checking out the information on Olga's Instagram page. But are there any negative aspects?

Overall, we can't point out any significant drawbacks. When we first moved in, we were somewhat alarmed by the amount of trash on the streets. After the cleanliness of the streets in Belarus, it was unusual for us to see such a large amount of waste in public places.

Environmental initiatives

Since June 1, 2022, Albania has decided to completely ban plastic bags, becoming part of global environmental initiatives. Cities are organizing "car-free days," when conscious Albanians prefer to travel by bicycle.

Preparation for moving

If you are planning to change your place of residence, it is very important to understand the reasons and motivation behind this step. Running away from your problems and inner state by moving to another place won't work — only the surroundings will change.

First of all, you need to organize your thoughts and feelings before moving, as this will definitely be useful in a new country. Financial stability also plays a significant role in this process. Try to set aside your fears and doubts, start believing in yourself and your future, and build new connections with the locals — this will help you adapt more easily and feel more comfortable in your new life abroad.

The process of buying real estate in Albania

How does the process of acquiring real estate in Albania work? We were the first among local agencies to offer the option of purchasing property online. Our company has developed a system that allows for buying without your physical presence. This is done through a power of attorney signed in favor of our firm.

We conduct property selection and inspections through video calls and carefully verify all necessary documents with a notary. According to Albanian law, it is the notary who is responsible for the security of transactions and guarantees their reliability.

Stages of purchasing real estate

• Once all the documents are in order, we will make the deposit to reserve the apartment, as per your agreement.
• Next, the sales contract is signed.
• The payment is made by bank transfer to the notary's specialized bank account.
• After fulfilling all financial obligations, the apartment officially becomes yours.

Additional services

If you wish, we can help organize construction and renovation work, select the necessary appliances and accessories for your apartment. If you want to generate income from your property, we can take care of renting it out.

The ability to purchase an apartment online significantly saves you money and protects you from frequent flight cancellations, border closures, and various restrictions related to COVID-19 and visa requirements.

Buying property through our agency

Several dozen clients have approached our agency with the desire to purchase property using new remote service options. Many of them were outside the country at the time of buying apartments, and when circumstances allowed, they would come to their already finished, comfortable apartments by the sea, avoiding a lot of related worries and running around to different institutions. We invite you to take advantage of our services by visiting the estateall office located in the city of Vlorë.

Unique office in Vlorë

Our office stands out with its modern gray-orange design and bright advertising signs located right at the beginning of the Lungomare promenade, making it impossible to miss as you walk by. Once you go up to the second floor, you'll find the offices of estateall and albaniall. Our friendly staff will be happy to offer you Albanian coffee or fragrant mountain tea from Mali.

Experience of moving to Albania

We proudly state that we have helped over a hundred foreigners from various corners of the world relocate to Albania, many of whom speak Russian. Recently, there has been a growing interest in obtaining residency through real estate investments.

• Russian-speaking entrepreneurs are increasingly interested in relocating their companies.
• Opening bank accounts and creating comfortable living conditions in a new country.

It is important to consider when obtaining a residence permit.

Olga, our immigration consultant, emphasizes the importance of thorough document preparation and adherence to visa nuances. You can receive legal support at our agency, Albania Consulting, where you will be provided with clear instructions on preparing all the necessary paperwork. Of course, you can submit your residency application on your own, but working with an experienced consultant can help you avoid many issues and simplify your interactions with local authorities.

Financial aspects and support from lawyers

If you are interested in the cost of obtaining a specific type of residence permit, our financial expert will assist you with the calculations. According to current legislation, you will need an Albanian representative who will act as a translator during your interview with the immigration service. Our qualified lawyers and consultants are ready to provide such support at all stages.

Customer support on the path to owning real estate

We have already helped fulfill the dream of seaside housing for three hundred clients. We are always happy to meet new people and are open to communication with everyone, regardless of their financial situation, nationality, or religious beliefs. Our office always welcomes all guests.

Franchising and a new team

In November 2021, we launched a franchising program for our brand estateall. If you are considering moving to Albania and want to start your own business here, think about the opportunity to become part of our team by opening an office in Durres, Tirana, Saranda, or another city in the country.

• We offer the opportunity to become our representative or work as an online agent, regardless of your location.
• We are open to new collaboration opportunities and always happy to partner with others.

Conclusion

In conclusion, I can confidently say that Albania is not just the "land of eagles," but also a place where you can realize your dreams, start a new business, and enjoy the beauty of nature. Despite the challenging historical path the country has traveled, today it opens its doors to those seeking opportunities for real estate investment and entrepreneurship.

Attractive features of Albania

Vlera and other resort cities are becoming increasingly attractive due to the developing infrastructure and the growing number of tourists. I have personally witnessed how Albania has transformed into a true gem of the Balkans over the past few years. It offers not only picturesque beaches and mountain landscapes but also business opportunities—especially in the real estate and tourism sectors.

Success stories

We met with families and entrepreneurs who decided to start a new life here, and each of them shares success stories, confirming that Albania is becoming an increasingly attractive place to live and work. Supported by government initiatives such as:

• Simplification of visa application procedures;
• Licenses for business;
• Support for foreign investments.

They are confident in their investments and in the country's future.

Why should you choose Albania?

Thus, for those looking for a new place in the sun or wishing to expand their business opportunities, Albania is an ideal choice. Support from local authorities, the friendliness of the people, and the beauty of nature create a unique atmosphere where everyone can find their calling and realize their plans.

I urge everyone interested to consider Albania as a new destination on the map for business and leisure. With each passing year, it is winning the hearts of more investors and travelers, and we here in Albania welcome you with open arms and are ready to assist you every step of the way on this amazing journey.