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€100,000€901/sq m
€901/sq mApartment 2+1+2, Pogradec
Pogradec, Albania
111 sq mUnder construction3 roomsFloor 3
New-build apartments for sale in Pogradec, Albania
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New-build apartment prices in Pogradec
Median asking price in Pogradec, Albania: €901 per m², €87,700 per property, from €55,000. 100% are new build or under construction.
- Under €100,0006
- €100,000 to €200,0005
Buying a new-build apartment in Pogradec
How much does a new-build apartment cost in Pogradec?
Apartments still under construction in Pogradec ask a median of €87,700, or €901 per square metre, with half of them between €61,000 and €104,000 and the cheapest units from €55,000. Compare with the whole market of apartments for sale in Pogradec: in most Albanian towns a flat from plans costs about the same per square metre as a finished one, because developers price for the finished building and the discount for buying early sits in the payment schedule rather than in the price list.
Buying from plans is the normal purchase in Albania, not the exception: most new supply on the coast and in Tirana is sold before the building is finished. There is no escrow. Your protection is a notarised pre-sale contract that identifies the unit on the permit plans, registered at the State Cadastre under Article 50 of Law 111/2018, which marks the unit as taken and keeps it away from the developer's creditors; payments by bank transfer in stages you can see; and a large final tranche held until the use certificate and the final deed. Our guide to buying off-plan in Albania walks through every step.
Where the new-build apartments in Pogradec are
Pogradec's new complexes stand on the lakeside road and on the slopes above the town, many of them with a view of Lake Ohrid, at prices close to the cheapest in Albania. The market is small, seasonal in summer and local the rest of the year.
What to check before paying a deposit
The building permit and the plans it was issued for; the land registered in the developer's name and free of mortgages older than your contract; the developer's finished buildings, visited, not photographed; a contract with the completion date, the delay penalty, an area tolerance and a no-changes clause, because a unit that no longer matches the permit plans cannot be registered. Do not negotiate the price list, which almost never moves; negotiate the schedule and the finish. Our due diligence guide lists the documents, and our guide to the cost of buying property in Albania covers the 4 to 7% closing costs, which apply to new build as to resale.
New-build apartments in Pogradec: questions buyers ask
How much is a new-build apartment in Pogradec?
Apartments under construction in Pogradec ask a median of €87,700 and €901 per square metre, with half of them between €61,000 and €104,000. Prices start around €55,000.
Is it safe to buy an apartment under construction in Albania?
It can be, if the purchase follows the legal sequence: a notarised pre-sale contract identifying the unit on the permit plans, registration of that contract at the cadastre under Article 50 of Law 111/2018, staged payments by bank transfer and a final deed after the use certificate. Buyers who pay on a reservation form have none of that protection.
How much deposit does a developer ask in Albania?
The law sets no amount; developers typically ask 10 to 30% at signing and often open with front-loaded schedules. The deposit is negotiable, and it should be paid only against a notarised contract that will be registered at the cadastre.
Is there VAT on a new apartment in Albania?
No. The sale of a residential apartment to a private buyer is exempt from VAT; the buyer pays the normal closing costs of about 4 to 7%, and ownership passes when the final deed is registered after the building receives its use certificate.