The pandemic has created huge opportunities for those who have interest to invest in real estate.
According to the real estate expert, Eglent Bici, the contruction of many new apartments and the trend to sell older ones has made owners and builders more prone to negotiate with prices.
Emigrants and foreigners, according to the Bank of Albania, make 1/3rd of the buyers.
The pandemic stopped the real estate market due to the restrictions, without reducing the internet to invest in Albania.
As regards rents, Bici argued that they don’t expect a price growth since the returning of students and foreigners will be balanced by the growth of properties that are being rented out.