Citizens did not expect the revaluation, sales boom in 2025 - Transfer of ownership, Albanians pay 20 million euros more
The property market has faced continuously rising prices over the past year, but on the other hand, also in anticipation of the revaluation process, which came into effect in 2026.
But despite the revaluation impasse and the general increase in property prices, mainly in the capital and the coast, an increase in the value of transactions carried out and consequently the tax paid by Albanian citizens for the transfer of ownership is observed.
Official data from the General Directorate of Taxes shows that revenues collected from the tax on the sale of real estate during 2025 are recorded at around 7.5 billion lek or 75 million euros, and compared to 2024 there is an increase of 36% or nearly 20 million euros.
Apparently, citizens have shown themselves to be "impatient" to wait for the 5% revaluation process, which, although expected to come into effect last year, was postponed and began implementation in February of this year.
On the other hand, the increase in reference prices in the capital, which also holds the highest share of transactions, has led to a widening difference between the purchased value of the property and the sold value, mainly for older properties, and consequently higher taxes.
According to the current income tax law, capital gains realized as a result of the transfer of ownership rights over real estate, buildings, land and agricultural land, are taxed at a rate of 15%.
So, in other words, for every sale of a house, commercial premises or real estate, Albanian citizens have paid a 15 percent tax on the difference between the purchase value of the property and its sale value, or the reference price or the real sale price.
If an apartment was previously purchased or revalued at a value of 50 thousand euros and is sold at a value of 100 thousand euros, the seller pays 15 percent of the difference of 50 thousand euros, or 7,500 thousand euros.
While the law on property revaluation is currently in force, where citizens pay 5% of the difference between the purchase value and the new revalued value, which allows them to pay a very low tax in the event of a sale.
According to the Ministry of Finance, so far 9,500 applications for property reassessment have been registered and 30 million euros in revenue has been collected.
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