
Price on request
Corporate Space - River Residence, Tirana
Rruga Fejzi Hoxha, Tirana, Albania
61.4 sq mReady
Median asking price in Tirana, Albania: €2,674 per m², €250,000 per property, from €30,000.
The median asking price of the 895 commercial properties for sale in Tirana is €250,000, or €2,674 per square metre, with the middle half between €142,000 and €500,000 and small units from around €30,000. The stock is mainly ground-floor retail and office units in the residential towers built over the last decade, sold separately from the apartments above, plus restaurant premises, clinics and showrooms on the main roads. 107 units are listed under €100,000 and 456 under €300,000.
Commercial premises are the investment end of Tirana real estate; residential property in Tirana has its own pages below.
Location sets the value: units on the main boulevards, in Blloku and around the big malls (TEG, QTU, Tirana East Gate) command the highest prices per square metre and let to national chains, banks and cafés. Units in the residential belts of Kodra e Diellit, Komuna e Parisit, Kashar and Kamëz are cheaper and let to neighbourhood businesses. Offices cluster in the centre around the boulevards and in the business parks along the Tirana to Durrës highway, where larger floorplates and parking are available.
Compare the asking price here with the rents on the commercial property for rent in Tirana page to estimate a gross yield; commercial leases run three to five years with rent invoiced with VAT when the landlord is registered. A unit sold "with tenant" should come with the lease contract, its term and rent. Check the unit's registered use category (retail, office, food service, storage), since a change of use needs municipal approval, and the building's shared costs. Foreigners buy commercial premises outright; many hold them through an Albanian company for invoicing, see the tax guide.