Selecta Realty is always at your disposal to help with the formalities when buying a property and ensures that the trade is accomplished without risks and unneeded surprises. All documents will be reviewed by our lawyers, who are specialized in real estate trading in Albania.

Before leaving
We assist in choosing a property and counsel with Albanian legislation. We recommend that You choose several properties which You want to inspect. We help You to book an airline ticket and prepare Your arrival (eventual transport, accommodation, legal advisor). We have English speaking staff at our offices in Albania.

Apartments
All apartments in the new apartment complexes are sold with the usufruct of their share of the building site.
The building site and the surrounding areas are owned by the owner/developer. You sign a maintenance contract with the developer/owner, which ensures maintenance of the common areas and the surroundings.

Agricultural land
According to legislation as foreigner one has to register a Albanian organization in order to own agricultural land in Albania. The necessary capital is approx 1000 EUR. The registration process takes typically 1 month.

When the property is found
All official documents of the property in question will be looked into by our lawyers before signing the sales contract.

Sales agreement
When finding the right property one signs a sales agreement with seller. Typically You also pay 2000 Ђ reservation fee, which is deducted from the purchase price.
The sales agreement is valid until the final deed is registered by the Notary.

Power of attorney
Only a few people have the opportunity to travel to Albania to attend the registration. Therefore we compose a power of attorney which allows us to register the deed as representative for our clients. The power of attorney is composed by our lawyers.

Notary Deed
When the requirements for the trade and all necessary documents are on their place You go to the Notary. The Buyer pays the appointed amount of money. The sales agreement and the deed are signed by both sides and are registered by the Notary.

Trade expenses
The trade expenses include the Notary’s fee charge, state tax and taxes for various stamps. The trade expenses are NOT included in our prices.

When having purchased the apartment
We can help You with opening a bank account for paying the regular expenses. We can also help You with furnishing, insurance, supervision or maintenance.