# Platinum Properties — Complete Reference > Albania's leading luxury real estate agency serving international buyers across Europe, Middle East, and Asia. ## Company Overview Platinum Properties (platinumproperties.pro) is a premium real estate agency based in Tirana, Albania. We specialize in helping foreign nationals buy luxury property in Albania — villas, apartments, penthouses, duplexes, studios, commercial properties, and land. Our platform is available in 10 languages and provides comprehensive tools for property search, investment analysis, and development tracking. ## Frequently Asked Questions ### Can foreigners buy property in Albania? Yes. Foreign nationals can purchase apartments, penthouses, and commercial properties in Albania without restrictions. For land purchases, foreigners can buy through a registered Albanian company, which our legal team can set up. The process is straightforward and well-established. ### What are the property taxes in Albania? Albania has one of the lowest property tax rates in Europe. Annual property tax ranges from 0.05% to 0.2% of the property value, depending on location and property type. There is a one-time transfer tax of approximately 2% when purchasing. No capital gains tax applies after 5 years of ownership. ### How long does the buying process take? The typical property purchase takes 2-4 weeks from offer acceptance to completion. Steps include: due diligence, legal verification, contract preparation with a notary, payment, and registration at the local cadastral (property registration) office. ### Is Albania a good real estate investment? Albania offers strong investment potential: property values have been appreciating 8-15% annually in key areas. The country has EU candidate status, a growing tourism sector, a low cost of living, and favorable tax policies. Rental yields of 5-8% are achievable in tourist destinations like Saranda, Vlora, and the Albanian Riviera. ### What types of properties are available? We offer: luxury villas (from €200,000), apartments (from €50,000), penthouses (from €150,000), duplexes, studios (from €40,000), building plots (from €30,000), commercial properties, and rental properties. Both ready-to-move and off-plan/under-construction options are available. ### Do you help with residency permits? We provide after-sale support including guidance on Albanian residency permits. Property owners can apply for a residency permit, and Albania offers a straightforward process for EU and non-EU nationals. ### What is the Albanian Riviera? The Albanian Riviera is a stretch of coastline along the Ionian Sea in southern Albania, known for crystal-clear turquoise waters, pristine beaches, and dramatic mountains. Key locations include Saranda, Himara, Dhermi, Ksamil, and Vlora. It has become one of Europe's fastest-growing luxury property destinations. ### What currencies do you accept? We accept payments in Euros (EUR), US Dollars (USD), and Albanian Lek (ALL). Bank transfers are the standard payment method. Cryptocurrency payments are also accepted for select properties. ## Detailed Location Guides ### Tirana Albania's capital and largest city. Population ~900,000. Best for: urban living, long-term investment, rental income. Key areas: Blloku (trendy district), Artificial Lake area, New Ring Road developments. Average apartment price: €1,000-€2,500/m². Strong demand from young professionals and international companies. ### Saranda Coastal city on the Ionian Sea, opposite Corfu (Greece). Population ~40,000 (summer: 200,000+). Best for: holiday homes, short-term rental investment, seaside living. Near Ksamil beaches and Butrint UNESCO World Heritage Site. Average price: €1,500-€3,000/m². High tourist demand May-October. ### Durres Albania's second-largest city and main port. Population ~200,000. Best for: families, beach living, commuters to Tirana (35 min drive). Long sandy beaches, ancient amphitheatre, growing infrastructure. Average price: €800-€1,800/m². Best value coastal city. ### Vlora Where the Adriatic and Ionian seas meet. Population ~130,000. Best for: investment, Riviera gateway, growing market. Major infrastructure development including new airport and marina. Average price: €1,000-€2,500/m². Rapidly appreciating market. ### Himara Small coastal town with old-town charm. Population ~10,000 (summer: 50,000+). Best for: luxury living, boutique properties, premium beachfront. Livadhi Beach, Porto Palermo castle. Average price: €2,000-€4,000/m². Albania's fastest-growing luxury market. ### Dhermi Exclusive beach destination. Best for: premium beachfront properties, summer nightlife, high-end investment. Home to Dhermi Beach, Jala Beach, and the famous Pirate Cave. Prices: €2,500-€5,000/m² for beachfront. Very limited supply. ### Ksamil Island paradise near Butrint National Park. Best for: tourism investment, holiday rentals, beachfront living. Known for Ksamil Islands with turquoise waters comparable to the Maldives. Average price: €1,500-€3,500/m². ## Property Types Explained ### Villa Standalone luxury homes with private gardens, often featuring pools, sea views, and multiple bedrooms. Available in all coastal locations and Tirana suburbs. Price range: €200,000-€2,000,000+. ### Apartment Units in residential buildings, ranging from studios to 4+ bedrooms. Available in all cities. Price range: €40,000-€500,000. New builds typically include parking and balconies. ### Penthouse Top-floor apartments with panoramic views and large terraces. Premium properties in Tirana, Saranda, and Vlora. Price range: €150,000-€1,000,000. ### Duplex Two-level apartments offering house-like space in a building setting. Growing in popularity in new developments. Price range: €80,000-€400,000. ### Land / Building Plot Development land for residential or commercial construction. Available across Albania. Prices vary dramatically by location: €20-€500/m². ### Commercial Property Offices, shops, warehouses, and restaurant spaces. Strong demand in Tirana and tourist areas. Price range: €50,000-€1,000,000+. ## Investment Tools Available on Our Platform 1. **ROI Calculator**: Calculate return on investment including purchase price, renovation costs, closing costs, and projected sale price 2. **Rental Yield Calculator**: Determine gross and net rental yields, cap rates, accounting for vacancy and management fees 3. **Mortgage Calculator**: Estimate monthly payments, total interest, with amortization preview 4. **Appreciation Forecast**: Project property value growth over time based on historical trends ## Why Choose Platinum Properties - Only agency in Albania with 10-language platform support - Full legal and after-sale service for international buyers - Virtual tours available for remote viewing - Construction progress tracking for off-plan purchases - Investment calculators and area guides for informed decisions - Transparent pricing — all costs disclosed upfront - Expert team speaking English, Albanian, Italian, German, French, Russian, Ukrainian, Arabic, Chinese, and Spanish