Reference Price for Properties in Albania 2026

Minimum fiscal price per square meter according to cadastral zone, approved by the Council of Ministers. Required for property sales, capital gains tax, and property revaluation.

119
Cadastral Zones (2026)
45,000
Min Price (Lek/m²)
228,400
Max Price (Lek/m²)
Jan 1, 2026
Effective Date
What Is It?

Reference Price: Complete Guide

Three key things you need to know before any property transaction in Albania.

Minimum Fiscal Price

This is the minimum price at which a property sale can be officially declared. You cannot sell a property at a price lower than this value, because the tax is calculated based on the reference price, not the declared price if it is lower.

Base for Building Tax

The annual building tax (paid on the water bill) is calculated as 0.05% of the reference price multiplied by the apartment's surface area. Changes in reference prices directly affect your annual tax.

Base for Capital Gains Tax

When you sell, the capital gains tax of 15% (or 5% with 2026 revaluation) is calculated on the difference between the purchase price and the sale price, but at minimum based on the reference price. This is why the 2026 revaluation is important.

Main Formulas

How obligations are calculated based on reference price

Building Tax (annual)
Ref Price × 0.05% × m²
Capital Gains Tax (sale)
(Sale Price - Purchase Price) × 15%
Tax with 2026 Revaluation
(New Value - Old Value) × 5%
Depreciation of Old Buildings
1% / year, max reduction 30%
Covered Parking
70% of apartment price
Industrial Property / Warehouse
50% of apartment price
Tirana Municipality - DCM July 2023

Reference Prices in Tirana: 32 Cadastral Zones

Prices approved by DCM in July 2023, still in effect for Tirana municipality (not revalued with 2026). Average increase was 30.8% compared to 2018.

Cadastral Zone Neighborhoods / Key Areas 2018 Price 2023 Price Increase
Zone 5/1
Ish-Blloku, University Library
Highest price zones in Tirana
190,000
1,970 EUR/m²
228,400
2,368 EUR/m²
+20%
Zone 2/1
Pyramid, Qemal Stafa Stadium
187,000 202,400
2,099 EUR/m²
+8%
Zone 10/1
PTT, Telecom, Writers' Union
145,000 192,800
1,999 EUR/m²
+33%
Zone 5/2
Selman Stërmasi Stadium, Artificial Lake
132,000 175,800
1,823 EUR/m²
+33%
Zone 10/2
Myslym Shyri Street, Police Headquarters
139,500 178,300
1,849 EUR/m²
+28%
Zone 5/3
Botanical Garden, Komuna e Parisit
107,000 164,800
1,709 EUR/m²
+54%
Zone 7/1
District Court, Former Exhibition
120,000 159,100
1,650 EUR/m²
+33%
Zone 8/2
Medreseja, Pharmacy no.10, Industrial Market
100,000 156,700
1,625 EUR/m²
+57%
Zone 9/1
Bar Piazza, Zogu I Block, Barrikadave Street
130,000 163,600
1,696 EUR/m²
+26%
Zone 5/4
Hotel Diplomat, Vasil Shanto Block
82,000 117,800
1,222 EUR/m²
+44%
Zone 7/4
New Ring Road, Former Aviation Field, Yzberisht
Highest increase 2018-2023
65,000 114,300
1,185 EUR/m²
+76%
Zone 9/2
Train Station, Archives, Polytechnic
100,000 135,800
1,408 EUR/m²
+36%
Zone 8/1
Selvia, Partizani High School
110,000 145,650
1,510 EUR/m²
+32%
Zone 2/2
New Bazaar, 9-Story Buildings, Avni Rustemi School
134,500 148,400
1,539 EUR/m²
+10%
Zone 7/2
Embassy Block, Engineering Faculty
100,000 123,400
1,280 EUR/m²
+38%
Zone 7/3
NSHRAK, Interior Ministry Park
85,000 124,500
1,291 EUR/m²
+46%
Zone 10/3
Embassy Block, Prosecutor's Office, Durrës Road
102,000 121,200
1,257 EUR/m²
+19%
Zone 11/2
Ferluti, Former Tirana Factory, FIAT, Laprakë
75,000 103,500
1,073 EUR/m²
+38%
Zone 1/2
Poligrafiku, Shkoza, Autotraktorët, Sauk
78,000 97,200
1,008 EUR/m²
+25%
Zone 3/1
Xhamllëku, Bardhyl Road, Zhan Dark Boulevard
77,000 98,500
1,022 EUR/m²
+28%
Zone 4/1
Hospital Complex, Oxhaku, New Allias
70,000 95,900
994 EUR/m²
+37%
Zone 4/2
Allias, May 5th Road, Bregu i Lumit
60,000 95,300
988 EUR/m²
+58%
Zone 2/3
Foreign Ministry, Ambulance no.1, Bërryli
95,000 110,600
1,147 EUR/m²
+17%
Zone 9/3
Don Bosko, Shoe Factory, Siri Kodra Road
77,000 113,850
1,181 EUR/m²
+46%
Zone 11/1
Zogu i Zi, Former Party School
87,000 113,000
1,172 EUR/m²
+30%
Zone 11/3
Laprakë, Customs Directorate, Military Hospital
70,000 93,600
971 EUR/m²
+25%
Zone 3/2
Porcelani, Kinostudio, Hoxha Tahsim Road
60,000 86,300
895 EUR/m²
+44%
Zone 2/5
Student City, Economic Faculty, Selitë
80,000 85,700
889 EUR/m²
+7%
Zone 8/3
Industrial Market, Ajka Factory, Dinamo Factory
72,000 89,900
932 EUR/m²
+25%
Zone 6
Kombinati, Vaqar, Selitë, Yzberisht, Sharrë
Lowest price zone in Tirana
65,000 81,700
847 EUR/m²
+26%
Zone 2/4
Ballet School, American Embassy
110,000 120,300
1,247 EUR/m²
+9%
Zone 1/1
Ali Demi Cinema, Sports Field, Shkozë
97,700 102,800
1,066 EUR/m²
+5%
Zone 5/1 - Highest Price
Ish-Blloku, University Library
+20% from 2018
228,400 Lek/m²
around 2,368 EUR/m²
Zone 2/1
Pyramid, Qemal Stafa Stadium
+8% from 2018
202,400 Lek/m²
around 2,099 EUR/m²
Zone 10/1
PTT, Telecom, Writers' Union
+33% from 2018
192,800 Lek/m²
around 1,999 EUR/m²
Zone 10/2
Myslym Shyri Street, Police HQ
+28% from 2018
178,300 Lek/m²
around 1,849 EUR/m²
Zone 5/2
Selman Stërmasi Stadium, Artificial Lake
+33% from 2018
175,800 Lek/m²
around 1,823 EUR/m²
Zone 5/3
Botanical Garden, Komuna e Parisit
+54% from 2018
164,800 Lek/m²
around 1,709 EUR/m²
Zone 7/4 - Highest Increase
New Ring Road, Former Aviation Field
+76% from 2018
114,300 Lek/m²
around 1,185 EUR/m²
Zone 6 - Lowest Price
Kombinati, Vaqar, Selitë, Sharrë
+26% from 2018
81,700 Lek/m²
around 847 EUR/m²

Source: DCM dated July 2023, Ministry of Finance and Economy. Note: Full table contains 32 zones. Tirana prices were not revalued with 2025 DCM.

Effective January 1, 2026

Reference Prices by Cities and Districts 2026

New prices according to DCM 2025, effective from January 1, 2026 for all districts (except Tirana municipality). Cadastral zones increase from 65 to 119 - the largest historical increase.

Durrës County - 13 New Cadastral Zones

Reference Prices in Durrës 2026

Durrës has the largest historical increase in the country: zone 13 (port, Durrës Yachts Marina) goes from 67,500 to 200,000 Lek/m² - 196% increase. The previous price was a single price (67,500) for the entire city.

Durrës - Historic Increase 2026

The Durrës Yachts Marina project and the strategic position of the port have brought zone 13 to 200,000 Lek/m². 13 new zones replace the previous single price.

+196%
Max increase (Z.13)
45,000
Min Lek/m²
200,000
Max Lek/m²
ZoneDescription / NeighborhoodsNew Price 2026EUR/m²Old Price
Zone 13
Port of Durrës, Durrës Yachts Marina
Kushner Affinity Partners 1.4 billion EUR project in the region
200,0002,074 EUR/m²67,500 (+196%)
Zone 6
Vollga, Durrës Beach
140,0001,452 EUR/m²67,500 (+107%)
Zone 1
City Center, Neighborhood 1
124,0001,286 EUR/m²67,500 (+84%)
Zone 10
Neighborhood 13, Beach Zone
100,0001,037 EUR/m²67,500 (+48%)
Zone 7
Southern Central Zone
90,000933 EUR/m²67,500 (+33%)
Zone 2
Shkëmbi i Kavajës
88,000913 EUR/m²67,500 (+30%)
Zone 3
Neighborhood 2
82,000850 EUR/m²67,500 (+21%)
Zone 11
Western Zone
81,000840 EUR/m²67,500 (+20%)
Zone 4
Neighborhood 3, Northern Zone
78,000809 EUR/m²67,500 (+16%)
Zone 5
Southern City Zone
77,000799 EUR/m²67,500 (+14%)
Zone 12
Industrial Zone
68,000705 EUR/m²67,500 (+1%)
Zone 9
Northern Peripheral Zone
50,000519 EUR/m²67,500 (-26%)
Zone 8
Southern Peripheral Zone
45,000467 EUR/m²67,500 (-33%)
Zone 13 - Port / Marina
Durrës Yachts Marina, Kushner Project
+196%
200,000 Lek/m²
around 2,074 EUR/m²
Zone 6 - Vollga / Beach
Main beach of Durrës
+107%
140,000 Lek/m²
around 1,452 EUR/m²
Zone 1 - Center
City Center, Neighborhood 1
+84%
124,000 Lek/m²
around 1,286 EUR/m²
Zone 10 - Neighborhood 13 / Beach
+48%
100,000 Lek/m²
around 1,037 EUR/m²
Zone 7 - Southern Central
+33%
90,000 Lek/m²
around 933 EUR/m²
Zone 8 - Peripheral (Min)
Southern Peripheral Zone
Minimum price
45,000 Lek/m²
around 467 EUR/m²
What's Happening with Durrës?
The Durrës Yachts Marina project (Jared Kushner, Affinity Partners) with investment over 1.4 billion EUR has transformed the perception of the port and southern coast. Zone 13 is now technically the second most expensive reference zone in Albania after Tirana's Ish-Blloku. Durrës with 350,000 inhabitants is the second largest city and main Adriatic port of Albania - 3 hours from Bari, Italy by ferry.

Source: Ministry of Finance Draft Decision, July 2025. Effective date: January 1, 2026. Exchange rate: 1 EUR = 96.47 ALL.

Vlorë County - 7 New Cadastral Zones

Reference Prices in Vlorë 2026

Vlorë moves from single price (61,800 Lek/m²) to 7 different zones. Sazan Island, with the Kushner Affinity Partners project, gets the record price of 200,000 Lek/m². Lungomare goes to 140,000 Lek/m².

Vlorë - Riviera and Sazan Become More Expensive

7 new zones. Increase up to 127% for the center. Sazan Island, a new zone, is valued as a luxury market with international potential.

+127%
Max increase center
61,000
Min Lek/m²
200,000
Max (Sazan)
ZoneDescription2026 PriceEUR/m²Increase vs 2019
Zone 7
Sazan Island
Affinity Partners Project (Jared Kushner) 1.4 billion EUR - luxury resort
200,0002,074 EUR/m²+223% (new addition)
Zone 1
Lungomare, Vlorë Center
Main tourist and central zone
140,0001,452 EUR/m²From 61,800 (+127%)
Zone 5
Radhimë
90,000933 EUR/m²+45.6%
Zone 3
Southern City Zone
75,000778 EUR/m²+21.4%
Zone 2
Western City Zone
68,000705 EUR/m²+10.1%
Zone 4
Northern Zone / Periphery
65,000674 EUR/m²+5.2%
Zone 6
Orikum
61,000633 EUR/m²~0%
Zone 7 - Sazan Island
Affinity Partners Project, luxury resort
+223% (new zone)
200,000 Lek/m²
around 2,074 EUR/m²
Zone 1 - Lungomare / Center
Main tourist zone
+127%
140,000 Lek/m²
around 1,452 EUR/m²
Zone 5 - Radhimë
+46%
90,000 Lek/m²
around 933 EUR/m²
Zone 6 - Orikum (Min)
Minimum price
61,000 Lek/m²
around 633 EUR/m²
Sazan: The Island That Changed Vlorë's Values
Sazan Island was a closed military base for decades. The new luxury resort project with 1.4 billion EUR investment has made it the zone with the highest reference price of the entire Albanian coast. This has also affected the perception of the value of the entire Vlorë-Lungomare-Radhimë area, bringing it to price levels that compete with the Greek and Turkish rivieras.

Source: Ministry of Finance Draft Decision, July 2025. Effective date: January 1, 2026. Exchange rate: 1 EUR = 96.47 ALL.

Vlorë County - 5 New Cadastral Zones

Reference Prices in Himarë 2026

Himarë has the highest proportional increase on the southern coast: zone 1 goes from 58,000 to 140,000 Lek/m² - 141% increase. Divided into 5 zones, reflecting major price differences between coast and mountains.

Himarë - Southern Riviera Becomes More Expensive

5 new zones. The southern Albanian coast is considered among the areas with the highest tourism potential in the Balkans. Zone 1 now qualifies at the level of Greece and Croatia.

+141%
Max increase (Z.1)
45,000
Min Lek/m²
140,000
Max Lek/m²
ZoneDescription2026 PriceEUR/m²Change
Zone 1
Main Himarë Coast
Most famous beaches of the Riviera - Himara, Palasa, Borsh
140,0001,452 EUR/m²From 58,000 (+141%)
Zone 2
Himarë City Center
100,0001,037 EUR/m²+72%
Zone 3
Southern Coastal Zone
81,000840 EUR/m²+40%
Zone 4
Mountain Zone / Hinterland
46,000477 EUR/m²New zone
Zone 5
Rural Peripheral Zone
45,000467 EUR/m²New zone
Zone 1 - Main Coast
Himara, Palasa, Borsh
+141% from 58,000
140,000 Lek/m²
around 1,452 EUR/m²
Zone 2 - Himarë Center
+72%
100,000 Lek/m²
around 1,037 EUR/m²
Zone 3 - Southern Coast
+40%
81,000 Lek/m²
around 840 EUR/m²
Zone 5 - Peripheral (Min)
Minimum price
45,000 Lek/m²
around 467 EUR/m²
3x Difference Between Coast and Mountains
The division into 5 zones reflects the dramatic value difference between the coast (140,000 Lek/m²) and mountain and peripheral zones (45,000 Lek/m²) - a 3x difference. This means mountain properties in Himarë still have high growth potential in the future, as tourism infrastructure expands towards the interior.

Source: Ministry of Finance Draft Decision, July 2025. Effective date: January 1, 2026. Exchange rate: 1 EUR = 96.47 ALL.

Gjirokastër County - 5 New Cadastral Zones

Reference Prices in Sarandë 2026

Sarandë is now divided into 5 zones. The previous price was 56,000 Lek/m² for the entire city. Zone 1 (main coast) goes to 86,000 Lek/m². Villages receive price equal to the old city price.

Sarandë - Gateway to the Southern Riviera

5 new zones. Facing Corfu - the Greek island - gives Sarandë a unique geographic position. About 15 min by boat from Corfu, Sarandë attracts European investments.

+53%
Max increase (Z.1)
56,000
Min Lek/m²
86,000
Max Lek/m²
ZoneDescription2026 PriceEUR/m²Note
Zone 1
Main Coast, Center
Most frequented tourist zones - view of Corfu
86,000892 EUR/m²From 56,000 (+53%)
Zone 2
Northern City Zone
75,000778 EUR/m²+34%
Zone 3
Southern Zone / Ksamil
70,000726 EUR/m²+25%
Zone 4
Mountain Zone
62,000643 EUR/m²+10.7%
Zone 5
Peripheral Villages
Equalized with current city price
56,000581 EUR/m²New zone
Zone 1 - Coast / Center
View of Corfu, tourist zone
+53% from 56,000
86,000 Lek/m²
around 892 EUR/m²
Zone 3 - Ksamil
+25%
70,000 Lek/m²
around 726 EUR/m²
Zone 5 - Villages (Min)
Minimum price
56,000 Lek/m²
around 581 EUR/m²
Ksamil: From Fishing Village to International Destination
Ksamil, with its 4 small islands and crystal clear waters, is rated on TripAdvisor as one of the most underrated destinations in the Mediterranean. The reference price (70,000 Lek/m²) remains far below real market prices - new apartments in Ksamil sell on average for 1,500-2,500 EUR/m², showing a large gap between fiscal and real price.

Source: Ministry of Finance Draft Decision, July 2025. Effective date: January 1, 2026. Exchange rate: 1 EUR = 96.47 ALL.

Tirana County - Kamëz Municipality

Reference Prices in Kamëz 2026

Kamëz, a suburban municipality of Tirana with about 160,000 inhabitants, moves from 52,000 to 72,000 Lek/m² - 44% increase from 2019. Building tax for a family with 60m² apartment increases from 1,560 to 2,250 Lek/year.

Kamëz - Growing Suburb of Tirana

Kamëz has had rapid population growth in the last 20 years. The new price reflects urbanization and infrastructure development. Single price for the entire municipality.

+44%
Increase from 2019
72,000
Lek/m²
747
EUR/m²
MunicipalityOld Price (2019)New Price 2026EUR/m²IncreaseTax 60m² / year
Kamëz
Northern suburban municipality of Tirana
52,000 Lek/m²72,000747 EUR/m²+44%2,160 Lek/year
Kamëz - Municipality
Northern suburb of Tirana
+44% from 52,000
72,000 Lek/m²
around 747 EUR/m²
Why Are Prices Increasing in Kamëz?
Kamëz has historically been a transit zone for internal migrants from the north. But renewed urban development, the new ring road, and relatively low prices compared to Tirana (72,000 vs 81,700-228,400 Lek/m²) have made it an attractive destination for new families and small investors. Distance from Tirana center: 8-12 km.

Source: Ministry of Finance Draft Decision, July 2025. Effective date: January 1, 2026. Exchange rate: 1 EUR = 96.47 ALL.

Interesting Facts

What Reference Prices Tell Us About the Albanian Market

Reference figures are not just fiscal numbers - they reflect the flow of the economy, migrations, investments, and urban development. Here's what's behind them.

Fiscal Price vs. Real Price

In Tirana's Ish-Blloku, the reference price is 228,400 Lek/m² (around 2,368 EUR/m²). The real market price for new apartments exceeds 4,000-6,000 EUR/m². This means the fiscal price remains 40-60% below reality - which is why the 2026 revaluation is so important for property owners.

Albanian Coast Compared to Neighbors

The reference price in Himarë (1,452 EUR/m²) and Sarandë (892 EUR/m²) remains 3-5 times lower than reference prices in Greek islands like Corfu or Zakynthos. With Albania's EU accession anticipated, the difference is expected to decrease significantly in the coming decade.

Tirana and the New Ring Road Effect

Zone 7/4 (New Ring Road, former Aviation Field) has the highest increase in Tirana - +76% from 2018. This reflects the urban transformation of the new ring road, which has built 15-30 story buildings in just a few years. In 2023, the reference price (114,300 Lek/m²) remains well below market price (2,000-3,000 EUR/m²).

Zones with Low Increase - Where Opportunities Remain?

Zone 2/5 (Student City) increased only 7% from 2018 to 2023, remaining at 85,700 Lek/m². This shows the zone has fallen behind the development wave. For buyers on a limited budget, zones with historically low increases - Gjirokastër (48,600), Berat (52,200), Shëngjin (49,200) - offer accessible prices with long-term growth potential.

Why Foreign Investors Look at Reference Price

For foreign investors, the reference price is important because it shows the minimum tax burden. An apartment in Sarandë with real price of 150,000 EUR may have reference price of 56,000 EUR - the transfer tax (2%) is calculated on the real sale price, giving transfer cost of around 3,000 EUR. Low compared to Western Europe.

Reference Price and Rent

The tax on rent is 15% of gross income and is not based on reference price - it's based on the actual declared rent. But from 2026, fiscal controls will intensify using the new reference prices as a benchmark to detect rent under-declaration. This will increase transparency in the rental market.

Historical Perspective

How Reference Prices Evolved 2018-2026

Three key records (2018-2019, 2023 for Tirana, 2026 for districts) show the path of fiscal reform and real estate market growth.

2018 - 2019

DCM no. 132, dated 7.3.2018 - The Base

This decision set reference prices for all districts with single price per city. Durrës: 67,500 Lek/m². Vlorë: 61,800 Lek/m². Kamëz: 52,000 Lek/m². Prices remained frozen for years even though the market had changed.

August 2023

Tirana Reform - 32 Cadastral Zones

The government carried out the first major reform: Tirana divided into 32 cadastral zones, replacing the single price. Average increase was 30.8%. Highest price: 228,400 Lek/m² (Ish-Blloku). Lowest price: 81,700 Lek/m² (Kombinati/Sharrë). Record increase: +76% in New Ring Road.

July 2025

New Draft Decision - 119 National Zones

The Ministry of Finance publishes the draft law with 119 cadastral zones for all districts. For the first time, prices change within the same city according to neighborhood. The new methodology is based on market surveys, not declared transactions. Most significant changes: Adriatic and Ionian coast.

January 1, 2026

Effective Date - Full Reform

New prices officially come into effect. From 65 to 119-176 zones (final version still under review). For the first time, rural areas receive specific fiscal prices. Building taxes automatically increase. Highest national price: 228,400 Lek/m² (Tirana, Ish-Blloku) and 200,000 Lek/m² (Durrës zone 13, Vlorë/Sazan).

National Overview

Reference Prices for All Cities of Albania

Consolidated values for main cities: prices approved in 2023 for cities and new 2026 prices for districts.

Tirana (Municipality)
Tirana County
81,700 - 228,400
847 - 2,368 EUR/m²
32 cadastral zones. 2023 prices remain. Average ~124,300 Lek/m².
Approved 2023
Durrës
Durrës County
45,000 - 200,000
467 - 2,074 EUR/m²
13 zones. Zone 13 (port/marina) 196% increase. Previous price was 67,500 Lek/m².
New 2026
Vlorë
Vlorë County
61,000 - 200,000
633 - 2,074 EUR/m²
7 zones. Sazan 200,000. Lungomare 140,000. Increase up to 127% for center.
New 2026
Sarandë
Gjirokastër County
56,000 - 86,000
581 - 892 EUR/m²
5 zones. Previous price 56,000. Coast moves to 86,000 Lek/m².
New 2026
Himarë
Vlorë County
45,000 - 140,000
467 - 1,452 EUR/m²
5 zones. Zone 1 (coast) 141% increase from 58,000 to 140,000 Lek/m².
New 2026
Kamëz
Tirana County
72,000
747 EUR/m²
Single price. From 52,000 Lek/m² (2019), 44% increase.
New 2026
Dhërmi
Vlorë County
186,400
1,933 EUR/m²
Price approved in 2023. Southern Riviera with historically high price.
Approved 2023
Shkodër
Shkodër County
62,300
646 EUR/m²
Second largest northern city. Will be divided into new zones from 2026.
New 2026
Korçë
Korçë County
59,500
617 EUR/m²
Cultural city. Price approved 2023, revalued 2026.
New 2026
Elbasan
Elbasan County
55,400
575 EUR/m²
Industrial city. Prices will be divided into zones by 2026.
New 2026
Fier
Fier County
55,400
575 EUR/m²
Price equal to Elbasan. Region with oil pipeline development.
New 2026
Gjirokastër
Gjirokastër County
48,600
504 EUR/m²
UNESCO heritage city. Lowest price among main cities.
New 2026
Berat
Berat County
52,200
541 EUR/m²
UNESCO world heritage city. Revalued with 2026.
New 2026
Shëngjin
Lezhë County
49,200
510 EUR/m²
Summer beach in the north. Relatively low coastal price.
New 2026
Velipojë
Shkodër County
60,400
626 EUR/m²
Summer beach in the north. Under tourism development.
New 2026
Golem / Kavajë
Tirana County
56,500+
586+ EUR/m²
Kavajë area as part of Tirana county has doubled value for 2026. Coast is marking significant increase.
New 2026

Sources: DCM Ministry of Finance July 2025 (2026 prices) and DCM July 2023 (Tirana prices). Exchange rate: 1 EUR = 96.47 ALL.

Frequently Asked Questions

Everything About Reference Price

Answers to the most common questions from buyers, sellers, and investors.

The reference price is the minimum fiscal price set by the state. The market price is the real sale price, which in most zones of Tirana and the coast is 2-4 times higher than the reference price. If you sell at market price, capital gains tax is calculated on the actual price. If you declare at reference price, tax is calculated on the reference price as minimum.
Formula: Reference Price × 0.05% × Surface Area m². Example: 80m² apartment in zone 5/1 Tirana (228,400 Lek/m²) = 228,400 × 0.0005 × 80 = 9,136 Lek/year or around 95 EUR/year. This is paid monthly on the water bill. For commercial buildings the rate is 0.15%.
The law provides for depreciation of 1% for each year of building age. Maximum reduction allowed is up to 30% of the reference price. This means a building constructed 30 or more years ago can have a reference price 30% lower than the official zone price. This is applied by ASHK during the transaction process.
Old prices (from 2018-2019) had fallen far behind real market prices. The Ministry of Finance changed the methodology: now prices are based on independent market surveys, not just on declared transactions (which were often under-declared). Coastal areas like Durrës, Vlorë, and Himarë have seen extraordinary real price increases thanks to tourism and urban development, so reference prices are just reflecting reality.
Law 85/2025 allows owners to revalue their property until December 31, 2026 by paying only 5% tax on the difference (from the usual 15%). The revaluation price is set either by ASHK (based on new minimum fiscal prices) or by a licensed expert. When you sell after revaluation, capital gains is calculated from the revalued value - not from the old value. This can save thousands of euros.
Yes, no difference. Albanian legislation makes no distinction between local and foreign buyers for reference prices. The same minimum fiscal prices apply to everyone. Foreigners can buy property freely and pay the same taxes and fees as Albanians.

Have Questions About Your Property?

The Consul team helps you understand your property's value, how the new reference prices affect you, and what your fiscal obligations are.