2 Exclusive Buildings for Sale by IllyrianHome in the Historic Zone of Elbasan

Identifier: IH-ELB-0001
2016
€1,200,000
2 Exclusive Buildings for Sale by IllyrianHome in the Historic Zone of Elbasan

About this property

A unique property is offered for sale, positioned in the elite and historic area within Elbasan Castle, one of the most distinctive and culturally rare zones in the city. The buildings previously served as a private school and carry a rich history, giving the property a unique identity and high development potential. With a total area of 2016 m², proper mortgage documentation, and a multifunctional structure, where only one of the buildings features 12 rooms, this property represents an excellent investment opportunity. The strategic location, historical significance, and functional layout make this property a rare find in the market.

Characteristics

  • Prestigious location within Elbasan Castle
  • Ambient with rich cultural and historical heritage
  • Two detached houses
  • Total usable area: 2016 m²
  • Regular and verified documentation
  • Architecture with multifunctional structure and flexible development
  • A building organized with 12 rooms/apartments
  • Historical use as a private educational institution
  • High potential for elite developments (boutique hotel, luxury residence, cultural center)
  • Unique investment in one of Elbasan’s most sought-after areas
  • Strategic location with easy access and increasing value

Property details

Gross area2016 m²
Net area427 m²
Shared area1589 m²
Orientation360 Grad
Mortgage statusWith mortgage
CountryAlbania

Qëndër, Elbasan

Në shitje Me qira

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Calculate monthly payment

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Monthly calculation

€5,336 / per month

Estimated monthly payment for 25 years at an interest rate of 4.5%.

Loan amount€960,000
Total interest€640,798
Total cost€1,600,798

Average interest rate in Albania

4.5% — This is the average mortgage interest rate in Albania. If you know your exact rate, you can change it in the calculator.

Dorjan Sanxhaku

Dorjan Sanxhaku

Market data

Elbasan

Sale prices per m²

Current indicative range

€700–€1,100/m²

2021€620/m²
2022€700/m²
2023€790/m²
2024€890/m²
2025€1,000/m²
2026€1,100/m²

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