In line with real estate market trends, without any consultation with the public and interest groups, referring to Article 102 of the Constitution (Powers of the Prime Minister), the Minister of Economy, Culture and Innovation has issued
The government has approved new average market prices for housing. Compared to 2023, prices have increased in large cities and coastal areas, which are not classified as cities.The government's setting of apartment price benchmarks raises several important questions regarding the...
According to our analysts:- the intervention is considered lawful, if the government argues that reference prices are necessary to address informality and create a formal market. The Albanian Constitution gives the state the right to intervene for purposes of public...
