New Skyscrapers in Tirana and Luxury Residences on the Coast: The Latest Building Permits Approved by the KKTU

The real estate market in Albania is experiencing a significant boom, as confirmed by the latest construction permits approved by the National Territorial Council (KKTU). From luxury skyscrapers in Tirana to tourist complexes along the Ionian and Adriatic coasts, these new developments are steadily reshaping the country’s modern skyline.

In this article, you’ll find a summary of the newest projects expected to launch soon in Tirana and in coastal areas like Vlora and Durrës.

Tirana – A Capital in Continuous Growth

Tirana is becoming a modern metropolis, with an increasing number of high-rise buildings and integrated residential and commercial complexes. Some of the major projects recently approved by the KKTU include:

• “Im Rezidence”: a residential and service building with 21, 24, and 26 floors, and six underground parking levels by “TDT & Partners” sh.p.k.
• “Corner Selita Residence”: a 9-story residential and commercial building with 2–3 underground floors by “Vena Konstruksion” sh.p.k.
• Mixed-use development “residences, offices, hotel and services” from 7 to 34 floors above ground and 2 underground parking levels by “Startek” sh.p.k.
• “Residential and service structure” with 18 floors above ground and 3 underground by “Euro Beton Group” sh.p.k.
• “Oberon Tower” by “Ober” sh.p.k.
• “AbA 2”: a residential complex with 2–3 floors above ground and 1 underground parking level by “Kontakt” sh.p.k.
• “Guri Tower” by “Midha” sh.p.k.
• “Urban Millefeuille” by “Glob-3x” sh.p.k and “Artech Group” sh.p.k.
• Residential and service building ranging from 1 to 21 floors above ground and 2 floors underground by “Xhajs Tirana” sh.p.k.
• “Fort Farkë”: a residential complex with 1 to 4 floors and one underground parking level by “Kastrati Construction” sh.p.k.
• “Fruit Depo Building” by “Al-Point” sh.p.k.
• “Multifunctional Building” with heights from 1 to 31 floors and 2 underground levels by “Concord Investment” sh.p.k.
• “Embassy Tower”: 47 floors above ground and 7 underground by “Hanxhari Group” sh.p.k.
• “Great Ring Rock”: a 32-story tower by “Albus Invest” sh.p.k and “Loraldo” sh.p.k.
• Residential and service building with 3, 5, and 6 floors above ground and 2 underground by “Mema Invest” sh.p.k.
• Residential and service building with 3, 5, 6, and 7 floors above ground and 2 underground by “Fz Construction” sh.p.k.
• “New Paris Tower”: a mixed-use building with residential, office, and service functions, 35 floors above ground and 5 underground by “Sara-El” sh.p.k.
  
  

Vlora & Durrës – Luxury Coastal Residences and Tourism

The Albanian coast is rapidly becoming a premium destination for upscale living and sustainable tourism. The newly approved permits in these cities include:

• “Flag Bay”: a tourist and residential complex with 3, 4, 8, and 14 floors above ground and 2 underground by “Koloss Konstruksion” sh.p.k, Vlora.
• “Flatiron of Vlora”: a mixed-use development with 20 and 21 floors above ground and 4 underground by “Kumi Konstruksion” sh.p.k, “Semajo” sh.p.k, and “Eve Construction” sh.p.k, Vlora.
• Residential and service building with 12–13 floors above ground and 5 partially underground levels by the same developers.
• Residential complex with 11 and 13 floors above ground and 2 underground by “Regina Group Construction” sh.p.k, Vlora.
• Residential and service building with 18 floors above ground and 3 underground by “Pjeza 2022” sh.p.k, Durrës.
• “Radisol Residence” by “Al-Vek” sh.p.k, Vlora.
• Residential building with 12 and 13 floors above ground and 3 underground parking levels by “Hekla” sh.p.k, Vlora.
  
  

What Does This Mean for the Real Estate Market?

These projects show that the interest in large-scale development is not slowing down. As demand for property continues to rise in the capital and along the coast, the supply is expanding with new alternatives—from apartments with stunning views to modern office spaces and commercial hubs.

If you're thinking about investing in a new property, now is the perfect time to explore what’s about to hit the market!

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