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The development of tourism and the economic recovery after the earthquake and the pandemic have significantly increased the interest of foreigners in the real estate market on the coast of Durres.
Florian Tahiri: “The city of Durrës and the real estate sector has started at full capacity. “There is an influx of Albanians and Albanian emigrants, and the Albanians of Kosovo and Macedonia have an influx of citizens from Poland, the Czech Republic, Russia and Italy who have preferences to buy in our city.”
Eridin Fishta is a real estate consultant. These days he is interested in buying apartments in Durres on behalf of Polish clients.
Eridin Fishta: “Tourism has greatly developed the interest of the Polish group coming during the tourist season. There are many Poles who show interest not only in the beauty of Albania and the area but also in the favorable climate. The areas they are most interested in are apartments with sea views, part of the beach, Golem, yes and part of the city since Durrës will be developed. “Foreigners prefer apartments of 50-70 m2, those with larger areas are more for luxury.”
According to Florian Tahiri, head of a real estate agency in addition to tourism, the investments that are being made in Durrës also have an impact on the market.
Florian Tahiri: “We are seen as an exotic country with development opportunities. The profit margin you can have in the real estate market these 5 years is seen with a lot of interest. The investments that are expected to be made in the city of Durrës such as the Marina, the yacht port, or the complete reconstruction of the historical center of Durrës, the area of Porto Romano with the Ecopark and the relocation of the industrial port as an area that will be developed and, without question , the area of Kallmi, Lalëz Bay and Rodoni Cape that have a lot of demand for resorts. ”
Buying a property on the coast and competing prices compared to the European market are considered a good capital investment, especially in these times.
Eridin Fishta: “Buying an apartment gives you security in investing capital, because in the period when inflation is high, as recently due to the situation and the influence of Covid we have had a large fluctuation in the value of the lek and currencies so people they think that by investing in real estate they not only provide capital, they are also generating more income. ”
Florian Tahiri: “50 meters from the sea shore, you can buy an apartment 50-70 m2 for 35-40 thousand euros.”
In two years, Durrës and property buyers, foreign or domestic, seem to have overcome the fears and insecurities left behind by the November 26 earthquake.
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