How Much Does It Cost to Manage an Apartment or Villa in Albania?

Here are concrete examples from Tirana and beyond!

If you’re planning to buy an apartment or villa in Albania, one often-overlooked factor is the monthly management cost. This ongoing expense affects your total budget and depends on the location, property type, and services provided.

In this article, we’ll explore the average management costs in various areas of Tirana and compare apartments with villa complexes to better understand the differences.

Management costs for apartments in Tirana

In Tirana, apartments in different areas such as the Artificial Lake, Farka, Komuna e Parisit, or Don Bosko have management costs that typically range from €25 to €70 per month. In areas like the Lake and Farka, where buildings offer more amenities (e.g., 24/7 security, daily cleaning, well-maintained greenery, and smart elevators), costs tend to be higher. Meanwhile, in areas like Don Bosko or Paskuqan, where buildings are simpler and services more limited, costs can drop to €10–€20/month. For a 2-bedroom apartment, this translates to an annual expense of €300 to €600.

How much does it cost to manage a villa in a Gated Residence?

Villas, especially those located in gated communities like Rolling Hills, Long Hill, or Green Coast, have significantly higher management costs, often ranging from €120 to €300 per month. These complexes offer a higher standard of living, including services such as 24/7 physical security, technical maintenance, shared cleaning, paved internal roads, swimming pools, gyms, and centralized management. For owners seeking comfort and privacy, these costs are part of the living experience.

Apartment or Villa? Here’s what to keep in mind:

Management costs are typically lower for apartments, but they come with fewer services and less privacy. On the other hand, villas offer more space and luxury, but with higher monthly expenses for management and upkeep. The choice depends on the lifestyle you seek and the budget you’re willing to allocate for comfort.

Find your ideal property on Kerko360

Whether you’re looking for a modern apartment in the city center or a villa with a yard in the suburbs, Kerko360 helps you find the right property based on your preferences and budget. Easily filter by location, property type, size, or price, and explore a wide range of opportunities in Albania’s real estate market. Visit Kerko360 to start your search!

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