Rental income rises, reaching around €400 million in 2025

Renting out property is becoming an increasingly profitable source of income in Albania. Official data from the Ministry of Finance of Albania show that revenue from income tax on rents reached €60 million in 2025, up from €55 million in 2024—an increase of 8.5%.

This tax corresponds to total rental income of around €400 million, marking an annual growth of approximately 8%.

These developments indicate an expansion in the number of declared contracts, as well as reflecting rising rental prices in the domestic market and increases in reference values.

Tax authorities apply reference prices per square meter for rental taxation. As apartment prices—especially in Tirana and coastal areas—have increased significantly, many individuals find it unaffordable to purchase property and instead turn to renting, which raises demand and, consequently, prices.

A large portion of the housing stock has shifted from long-term rentals to short-term rentals for tourists.

Data from daily rental platforms show that in 2025, about 26,300 apartments were being rented out, compared to 21,000 the previous year. This figure represents nearly 3% of the total housing units in the country.

The post Rental income rises, reaching around €400 million in 2025 appeared first on Euronews Albania.

Original post Here

News
Albania’s Intelligence Chief Suspended for Allegedly Aiding Crime Group

Intelligence service chief Vlora Hyseni is accused of involvement in a major corruption scandal surrounding tenders for the agency handling development of state information systems. Original post Here

News
Erblin Osmani chooses Kosova over Germany, Bild reports

German newspaper Bild has highlighted Bayern Munich talent Erblin Osmani after his decision to join the Kosova national team. The 17-year-old had previously represented Germany at youth level. In January, he played two friendly matches for Germany Under-17 against Portugal. Kosova coach Franco Foda has now included Osmani in his …

News
Transparency Board cuts fuel prices

The Transparency Board held its second meeting today and set new prices for fuel products. The Board set the retail price of diesel at no more than 213 ALL per litre. The wholesale price will be no more than 201 ALL per litre. For petrol, the retail price will be …