Contract 1 Euro

The Government of Albania can lease or emphyteusis public property over 500m2 for the symbolic price of 1 Euro if the properties will be used for:

  • Production activity with investment level over 300,000,000 (three hundred million) ALL;
  • Activities for construction, maintenance, deconstruction of floating vessels, with investment levels over 500, 000, 000 (five hundred million) ALL;
  • Activity in industry and advanced technologies, with an investment level over 800,000,000 (eight hundred million) ALL, and which will provide not less than 500 (five hundred) jobs
  • Production (type “FASON”) with over 50 new jobs
  • Agribusiness activities with investment levels over 100,000,000 (one hundred million) Lekë.

Incentive Scheme:

  • In cases when the leasing or emphyteusis company has made investments in accordance with the business plan and in the amount of over 150% of the value of the land, after 5 years the subject has the right to privatize the object of the contract
  • In cases when the leasing or emphyteusis company has made investments in accordance with the business plan and in the amount of over 750% of the value of the land, the subject has the right to privatize directly to the object of the contract, without completing 5 years
  • If the subject, which has entered into a lease / emphyteusis contract with the right of development, fulfills the conditions stipulated in the contract, the subject has the right to submit a request for the purchase of land, object of the lease / emphyteusis contract