Coldwell Banker®, a leading international real estate brand, has announced the opening of its newest franchise in Albania, Coldwell Banker Prime Real Estate, marking a significant expansion into Southeast Europe. The new office is located at the European Trade Center in Tirana, the heart of the country’s business district.
Coldwell Banker Albania will be led by Roberto Gigio, President and CEO of Coldwell Banker Italy, who will oversee the development of the master franchise in the country. England Cacaj will serve as the broker of the first affiliated agency, Coldwell Banker Prime Real Estate.
“We are proud to bring the iconic Coldwell Banker brand to Albania, establishing the brand’s presence at the prestigious European Trade Center in Tirana,” said Gigio. “In recent years, Albania has emerged as one of the most promising destinations for real estate investments in Southeast Europe. Its combination of economic growth, strategic geographical position, competitive costs, and investor-friendly policies is attracting increasing interest from foreign investors, especially Europeans. With the Coldwell Banker unmatched global network and expertise, we are committed to delivering exceptional service and creating new opportunities for clients and investors in this vibrant market.”
“With 119 years of real estate expertise, the Coldwell Banker brand is poised to support our newest franchise, Coldwell Banker Prime Real Estate, where there is a growing demand for luxury residential and investment properties,” said Jason Waugh, president of Coldwell Banker Affiliates. “Albania’s expanding economy, favorable tax structure, and rising foreign investment make it an ideal time for the Coldwell Banker brand to enter the market. The affiliated company emphasizes the importance of working with trusted local advisors to evaluate property locations, legal frameworks, and investment potential.”
Coldwell Banker Albania aims to elevate the local real estate landscape by offering premium brokerage, consultancy, and property management services to both local and international clients.