Albanian authorities have confiscated properties worth a staggering €7.3 million in Tirana alone, striking a major blow against organized crime and corruption.
A newly published catalog by the Agency for the Administration of Seized and Confiscated Assets has for the first time revealed a detailed list of properties confiscated across 16 cities, exposing the scale of illicit wealth now under state control.
From luxury apartments and business premises to vast plots of land, these assets were seized following final court rulings by the Special Court of Appeal for Corruption and Organized Crime from 2022 to 2024.
The capital, Tirana, tops the list, but other cities including Durrës, Shkodër, Vlora, Elbasan, and Sarandë have also seen major property crackdowns.
Where does the money go?
Under Law No. 34/2019, the state can sell or lease these properties, channeling revenue back into the economy. The government profits through:
- Renting properties
- Selling confiscated assets
- Direct management of economic activities
- Interest from seized financial deposits
The government has 30 days after a court ruling to officially transfer these properties into state ownership. The agency then assesses and recommends how to use them, while the Council of Ministers determines sale or lease criteria.
With authorities tightening their grip on criminal wealth, this is just the beginning of a long battle against dirty money in Albania.
