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The Minister of Finance holds hostage the real estate revaluation process

2026-02-21 14:51:37Biznes SHKRUAR NGA REDAKSIA VOX
The Minister of Finance holds hostage the real estate revaluation process
Petrit Malaj

Mid-February is gone and the implementation of the law on the revaluation of real estate remains on paper!

The lack of bylaws prevents the implementation of the long-awaited law and has created a stalemate in the real estate market, according to experts. The signature of the Minister of Finance is awaited for this.

Real estate agents report that contracts have been paralyzed for months, while the reasons for the delay remain unclear.

Also, the implementation of the law is expected to begin only after the approval of new reference prices, which will serve as practical guidelines for the revaluation process.

According to agents, in addition to this delay, problems have also been encountered with the functioning of cadastral offices in some regions.

Uncertainty about deadlines and procedures has directly impacted the pace of transactions, according to them.

The agents recall that similar delays have occurred in other years, but they demand that this time the process be treated with priority by lawmakers and responsible institutions.

Tens of thousands of apartment owners are awaiting this procedure, who intend to benefit from the reduction of the property revaluation tax to 5%, from the current 15%./ oranews


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