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3 billion euros are buried in the empty towers of Tirana

2024-11-01 10:09:38Biznes SHKRUAR NGA REDAKSIA VOX
3 billion euros are buried in the empty towers of Tirana
Illustrative photo

The rapid expansion of the construction sector in Tirana seems to have been accompanied by a significant side effect. It is the burying of billions in concrete structures left unoccupied.

The Institute of Statistics reported that in 2024, the capital of Albania counted about 40 thousand entrances of unoccupied buildings. According to the data, the vast majority of them are found in large buildings, which have at least more than 21 entrances. These are multi-story buildings and towers.

But who is the financial impact of this phenomenon? According to official data, the average area of ​​apartments in new buildings is around 70 to 80 square meters. With the average price of 1,000 euros per square meter, this means that currently in Tirana's empty apartments sleep about 3 billion euros buried in concrete.

The frantic construction of new palaces and towers has been accompanied by numerous public debates, raising several concerns at once. First, the urban destruction of the capital, but above all the financing of construction activity through money of dubious origin.

Apparently, this will be a debate that will continue for a long time. But now only this is certain. About 3 billion euros are buried in the empty towers of Tirana./ kapitali.al


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