Apartments for sale under €50,000 in Albania

Under €50,000 in Albania the median asking price is €46,000 and the median price per square metre €1,306, which makes a flat of about 75 m² for every €100,000 or, at this budget, roughly half that: a studio or a small one-bedroom flat of 30 to 45 m². Most of these units are sold from plans in a holiday complex, some are older flats in need of work. The cheapest listings start around €30,000. The ordinary apartments for sale in Albania show how far the market is above this band.

38% of the apartments under €50,000 are still under construction, which at this price usually means a studio reserved early in a developer's schedule. Pay only on a notarised pre-sale contract registered at the cadastre, in instalments tied to construction stages; our guide to buying off-plan in Albania explains why a reservation form protects nothing.

Almost every apartment under €50,000 in Albania is on the Durrës bay, in Golem, Mali i Robit and Qerret and in the Shkozet and Spitallë districts of Durrës, and almost all of them are studios sold from plans. The inland towns, Korçë, Pogradec and Shkodër, offer the only full-size flats at this price, with year-round local demand and no holiday rental market to speak of.

A very low price has an explanation and your job is to find it: a studio of 25 m², a ground floor facing the car park, a block three rows back from the beach, an unfinished building or an older flat whose top floor was never legalised. None of these is a reason not to buy, but each changes what the flat is worth to you and whether it can be registered in your name. Ask for the current ownership certificate from the State Cadastre and the building's use certificate, and read our due diligence guide before paying a deposit. Closing costs of about 4 to 7% apply at any price.