Real Estate in Albania

The Albanian economy went through different stages during the recent decades as it passed from a centralized economy to a market economy. The construction sectors and the housing market gave a major contribution to economic growth during this period.

The housing market, as well as the price of immovable properties, reflected a significant growth during the past five years.

An increased number of foreign pensioners have come lately to live in cities like Durres, Saranda or Vlore during the recent years. The Albanian coastline is the cheaper alternative to property investors and people that are looking for a seaside property.

Countryside properties are great options and they can also include plantations of citrus fruits, olive groves, and even vineyards.

Waterfront properties. If it’s waterfront it is found in a popular tourist area. One of the areas with the cheapest waterfront properties in the city of Durres.

Opening a real estate agency in Albania requires a number of steps and although quite straight forward, it is not simply opening an office with a team of sales agents. What you really need in the beginning are :

1. Develop and refine your idea
2. Write a business plan
3. Decide your legal business structure
4. Get a license
5. Purchase business insurance
6. Crunch the numbers
7. Create a strong brand identity
8. Build a web presence
9. Create a sales plan
10. Join a team
11. Grow your business

The ERA international experience will be transmitted to you and your agents through our ongoing support, but also through personalized training courses on a continuous basis. It’s focus is to be able to offer a high quality franchise and personal brokerage service that guarantees customer satisfaction through its ‘commitment to service’ approach and access to ERA’s successful marketing and sales program. We maintain a close relationship with our Franchisee, supporting them with tools and programs that are proven to help in achieving their goals.

Real estate agencies in Albania are increasing significantly these last years and like other businesses, this sector also relies on demand and supply. Entrepreneurs look for professional entities with many years of experience for support and also experienced worldwide, like ERA.

Further information on the above is available through the professional advice and assistance one finds at any ERA Real Estate office opening up in Albania!