How Albania’s EU Accession Could Impact Real Estate Prices

Alright, let’s talk. If you’ve been keeping an eye on Albania’s real estate market, you’ve probably heard people say, “Buy now before prices go up!”  

But is that just a sales pitch, or is something actually happening?  

Well, here’s the truth: Albania is getting closer to joining the European Union (EU) —and if history is anything to go by, property prices are about to take off.  

It’s not just a guess. We’ve seen it happen before:  

• Croatia joined the EU in 2013 → Property prices shot up over 40% in the years that followed.  

• Bulgaria & Romania joined in 2007 → Prices nearly doubled within a decade.  

• Montenegro isn’t even in the EU yet , but property values in its coastal areas are already among the highest in the Balkans.  

And guess what? Albania is next. If you’re thinking about buying property, you might want to do it sooner rather than later.  

Let’s break it down.  

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Why Does EU Membership Drive Up Property Prices?  

There’s no mystery here—it’s all about confidence and demand .  

• Foreign investors feel safer putting their money in the market.  

• The legal process becomes easier and more transparent .  

• The economy gets stronger, and locals have more buying power .  

Once demand increases? Prices follow.  

Right now, Albania still has some of the most affordable beachfront property in Europe —but that won’t last much longer.  

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What’s Happening in Albania’s Property Market Right Now?  

1. More Foreign Buyers Are Jumping In  

For years, Albania was one of Europe’s best-kept secrets . Not anymore.  

Every summer, Saranda, Ksamil, and the rest of the Ionian coast are packed with tourists , many of whom start thinking, “I should buy a place here.”  

And with EU membership on the horizon, even more foreign buyers are entering the market.  

•Buying will get easier → Property laws will align with EU standards.  

• Mortgages will become more accessible → Attracting more buyers.  

• Albania’s economy will grow → Creating even more demand.  

Bottom line? Prices aren’t staying low for long.    
2. Prime Beachfront Property Is Running Out  

Let’s be honest—Albania isn’t that big. And when it comes to beachfront locations , there’s only so much space to go around.  

• Ksamil is already being called the “new Santorini.”  

• Saranda is becoming a luxury destination.  

• Borsh, Lukova, and Qeparo —places that were once overlooked—are now on investors’ radars.  

The issue? Once these areas are fully developed, that’s it.  

In real estate, when supply is low and demand is high, prices only go one way—up.  

3. The Economy Is Getting Stronger  

Another reason prices will rise? More Albanians will be able to afford property.  

Joining the EU means:  

• Higher wages → More local buyers entering the market.  

• More jobs & business opportunities → Creating demand for housing.  

• Stronger financial systems → Making real estate an even better investment.  

Even before joining the EU, Albania’s economy is improving. Imagine what happens when it’s official.  

4. Big Infrastructure Projects Are Already Pushing Prices Up  

Even before the EU accession, Albania is heavily investing in infrastructure —and that’s always a sign of rising property values.  

• A new airport in Saranda → Easier access for international investors.  

• Better highways & roads → Previously “remote” areas are becoming prime real estate hotspots.  

• Luxury resorts & developments → Pushing up prices and property demand.  

Every time infrastructure improves, real estate prices follow.  

The areas that seem “too far” or “too quiet” today? In a few years, they’ll be premium locations.  

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Should You Buy Property in Albania Now? 

Let’s not overcomplicate this— waiting is going to cost you. 

• Five years ago, you could buy an apartment in Ksamil for €800 per square meter . 

• Today? Some properties are selling for €3,000 per square meter —and still rising. 

• Investors are already buying land in places like Borsh and Lukova , betting on the next big price surge. 

And this is all before Albania has even joined the EU. Once membership is confirmed, the market will take off. 

So, do you wait and pay double ? Or do you get in now while prices are still reasonable ? 

If you’re serious about investing in Albanian real estate, now is the time. 

At Viva View Real Estate , we specialize in finding the best properties in Saranda, Ksamil, and the entire Albanian Riviera . Whether you’re looking for an investment property or your dream home by the sea, we can help. 

Get in touch today, and let’s find the perfect property before prices go through the roof!