Real Estate in Kosovo
Last updated on Oct 22, 2023
Summary: An expat looking to buy a home in Kosovo should begin by researching the local real estate market. They should look for listings on websites such as Zoopla, Rightmove, and Immobiliare. It is also recommended to contact a local real estate agent who can provide more detailed information about the properties available. Houses in Kosovo typically include basic amenities such as a kitchen, bathroom, and living area. Many homes also have a garden or outdoor space. Foreigners are allowed to purchase property in Kosovo, however there are certain restrictions. Non-residents are not allowed to purchase agricultural land, and they must obtain permission from the Ministry of Agriculture, Forestry, and Rural Development before purchasing any land. Additionally, foreign buyers must obtain a permit from the Ministry of Internal Affairs before purchasing a property.
How do I find a place to live in Kosovo?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"The best way to find a place to live in Kosovo is to search online for rental listings. Websites such as Immobiliare.it, Immobiliare.al, and Immobiliare.rs are popular resources for finding rental properties in Kosovo. Additionally, you can search for rental listings on social media platforms such as Facebook and Twitter. Additionally, you can contact local real estate agents who can help you find a suitable place to live. Finally, you can also ask friends and family who live in Kosovo for recommendations," said one expat who made the move to Kosovo.
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What is a typical expat home or apartment like in Kosovo?
"Expat homes and apartments in Kosovo tend to be modern and comfortable, with many featuring modern amenities such as air conditioning, internet access, and cable television. Expats often choose to live in larger cities such as Pristina, where they can find a variety of housing options, from luxury apartments to more affordable options. Expats can also find furnished apartments, which can be a great option for those who are just starting out in Kosovo. Many expats also choose to live in smaller towns and villages, where they can enjoy a more relaxed lifestyle and experience the local culture," said one person in Kosovo.
What is the average cost of housing in Kosovo?
If you are thinking about moving to Kosovo, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Kosovo varies depending on the location and type of property. Generally, the cost of renting an apartment in Kosovo is relatively affordable, with prices ranging from around €200 to €500 per month. Buying a property in Kosovo is also relatively affordable, with prices ranging from around €1,000 to €2,000 per square meter," said one person in Kosovo.
Should I buy or rent a home in Kosovo?
If you have not spent a lot of time in Kosovo, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Kosovo can be a great investment, as the country is rapidly developing and property prices are still relatively low. However, it is important to consider the costs associated with buying a home, such as legal fees, taxes, and other expenses. Renting a home in Kosovo can be a more cost-effective option, as it allows you to avoid the upfront costs associated with buying a home. Additionally, renting gives you the flexibility to move to a different location if needed. Ultimately, the decision to buy or rent a home in Kosovo depends on your individual needs and financial situation," remarked one foreigner who made the move to Kosovo.
What do I need to know when buying property in Kosovo?
When we asked expats what advice they would give a foreigner before buying a property in Kosovo, they said:
"1. It is important to research the local laws and regulations regarding property ownership in Kosovo before making any purchase. 2. It is advisable to seek legal advice from a qualified lawyer who is familiar with the local laws and regulations. 3. It is important to ensure that the property is registered with the Kosovo Cadastral Agency and that all necessary documents are in order. 4. It is important to check that the property is free from any encumbrances or liens. 5. It is important to ensure that the seller has the right to sell the property and that all taxes and fees associated with the purchase are paid. 6. It is important to be aware of any restrictions or limitations on the use of the property. 7. It is important to be aware of any potential environmental hazards associated with the property. 8. It is important to be aware of any potential risks associated with the property, such as flooding or landslides. 9. It is important to be aware of any potential risks associated with the local area, such as crime or political instability. 10. It is important to be aware of any potential risks associated with the local economy, such as inflation or currency devaluation," remarked one foreigner who made the move to Kosovo.
Are foreigners allowed to own property in Kosovo?
When we asked expats what advice they would give a foreigner before buying a property in Kosovo, they said...
"Yes, foreigners are allowed to own property in Kosovo. According to the Law on Property of the Republic of Kosovo, foreign citizens and legal entities are allowed to own real estate in Kosovo, provided that they have a valid residence permit. Foreigners are also allowed to purchase land in Kosovo, but they must obtain a permit from the Ministry of Agriculture, Forestry and Rural Development. Additionally, foreign citizens and legal entities are allowed to own movable property in Kosovo, such as cars, furniture, and other items," explained one person living in Kosovo.
What appliances are typically included in a rental?
We asked foreigners in Kosovo what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Kosovo typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a dishwasher, microwave, and air conditioning unit. Depending on the property, some landlords may also provide additional amenities such as a television, internet access, and furniture," remarked one foreigner who made the move to Kosovo.
Additional Information about Searching for a Home in Kosovo:
We asked foreigners in Kosovo what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Kosovo by looking online for real estate websites that list properties for sale or rent. They can also contact local real estate agents who can provide information about available properties. Additionally, expats can search for homes in Kosovo by asking friends and family who may have connections to the local real estate market," explained one person living in Kosovo.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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