Durrës is one of the most attractive cities in Albania for real estate investment. As the country’s second-largest city and its main Adriatic port, Durrës boasts a well-developed tourism infrastructure, close proximity to the capital Tirana, and relatively affordable property prices. These factors make it appealing to both local and foreign buyers.
In this article, we will analyze property prices in Durrës, market prospects, and provide useful tips for those considering purchasing real estate in this coastal city.
1. Why Buy Property in Durrës?
Advantages of Buying Real Estate in Durrës:
✅ Affordable prices – Real estate here is significantly cheaper than in other Adriatic countries (Italy, Croatia, Montenegro).
✅ Well-developed tourism sector – Hotels, restaurants, beaches, and attractions attract visitors year-round.
✅ High rental yield – Due to demand from tourists and expats, rental properties offer solid returns.
✅ Low taxation – Albania has relatively low real estate taxes compared to other European countries.
✅ Proximity to Tirana – The Albanian capital is just 35 km away, making Durrës a convenient location for living and investing.
✅ Sandy beaches – One of the best coastal destinations on the Adriatic for family vacations.
2. Average Property Prices in Durrës (2024)
Property prices in Durrës vary depending on location, property type, and condition.
Average Property Purchase Prices:
🏠 Newly built apartments (city center or beachfront) – €1,200–1,800/m²
🏠 Resale apartments – €900–1,500/m²
🏠 Luxury sea-view apartments – €1,800–2,500/m²
🏠 Villas and houses near the sea – from €150,000
🏠 Commercial properties (shops, restaurants, hotels) – from €2,000/m²
Average Rental Prices:
🏡 1-bedroom apartment in the city center – €300–500/month
🏡 1-bedroom apartment near the beach – €400–800/month
🏡 3-bedroom apartment in the city center – €700–1,200/month
🏡 3-bedroom apartment near the beach – €900–1,500/month
🏡 Short-term rental of a beachfront apartment (high season) – €50–120 per night
3. Best Areas to Buy Property in Durrës
1. Durrës City Center
🌆 Ideal for living and business investments. The area offers historical landmarks, restaurants, cafes, and shopping centers. Property prices are higher, but liquidity is excellent.
2. Golem Beach Area
🏖 A popular tourist district with newly built residential complexes featuring swimming pools, restaurants, and fitness centers. A great option for rental income.
3. Lagja 13 (Plazh Area)
🌊 A prestigious beachfront area with modern residential complexes. Ideal for those looking for high-end apartments with Adriatic Sea views.
4. Durrës Hills (Durrës Hillside)
🏡 A residential area with villas and houses situated on elevated land, offering beautiful landscapes and fresh air.
5. Shkëmbi i Kavajës
🌴 A cozy beachfront neighborhood with well-developed infrastructure. A perfect choice for vacation homes and rental properties.
4. Property Price Comparison: Durrës vs. Other Albanian Cities
| City | Average Price per m² (2024) |
|---|---|
| Durrës | €1,200–1,800/m² |
| Tirana | €1,500–3,000/m² |
| Vlorë | €1,000–1,700/m² |
| Saranda | €1,500–2,500/m² |
| Shkodër | €800–1,400/m² |
Compared to Tirana, property prices in Durrës are more affordable, but they are higher than in Vlorë and Shkodër. However, due to its infrastructure and high tourist traffic, real estate in Durrës remains a strong investment.
5. Future Market Trends: Will Prices Rise?
Experts predict that property prices in Durrës will continue to rise due to the following factors:
📈 Growing tourism industry – The number of tourists visiting Durrës is increasing annually, driving up rental demand.
📈 New residential developments – Demand for modern apartments and residential complexes is growing.
📈 Infrastructure improvements – New roads, shopping centers, schools, and hospitals are being developed.
📈 Albania’s economic growth – Stable economic expansion attracts more foreign investors.
Over the next five years, property prices in Durrës are expected to increase by 10–20%.
6. How to Buy Property in Durrës?
Step-by-Step Guide to Buying Property:
1️⃣ Choose a property – Decide whether you need an apartment for personal use, rental income, or commercial purposes.
2️⃣ Legal verification – Ensure the property has no outstanding debts or legal issues.
3️⃣ Sign a preliminary contract – A deposit of 10–20% of the property price is usually required.
4️⃣ Pay taxes and fees – Property purchase taxes in Albania range between 3–5%.
5️⃣ Register ownership – Complete the legal paperwork at the local property registry.
🔍 Important! Foreigners do not need a residence permit to buy property in Albania, but purchasing real estate can help obtain one.
7. Is Investing in Durrës Real Estate Profitable?
✅ High rental returns – Beachfront apartments can generate €50–120 per night during the high season.
✅ Affordable property prices – Real estate in Durrës is still cheaper than in Montenegro, Greece, and Croatia.
✅ Market growth – Property values are expected to rise in the coming years.
✅ Tourist appeal – Durrës remains one of Albania’s top destinations for both local and international visitors.
8. Conclusion
Durrës is a promising location for real estate investment. Whether you’re looking for a home, a vacation retreat, or a rental property, this coastal city offers attractive opportunities. With its affordable prices, growing infrastructure, and booming tourism industry, Durrës is becoming increasingly popular among investors.
🏡 If you’re considering buying property by the sea, Durrës is one of the best investment destinations in the Balkans! 🚀
