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Tokenizer.Estate has published an article explaining how tokenization is emerging as a new investment path in Albania. The piece describes in simple terms how real estate shares are converted into digital tokens, why this matters for the market, and which first projects already set the stage, including early transactions and local platforms.
In June 2023, the company Heritage completed tokenization of an apartment in Vlora worth €60,000 with the participation of 32 investors, according to SeeNews. This marked the first publicly confirmed blockchain real estate deal in the country and became an important test of fractional investment accessibility.
The ecosystem is also expanding with infrastructure players. As IT Logs reported, Henri Ndreca, co-founder and COO of T-Blocks, said: “Locally and in the region, we serve Project Developers … to overcome liquidity challenges…”. According to him, the first projects focus on professional partners and the Albanian diaspora.
Tokenization divides a property into many small shares. This lowers the entry barrier and speeds up transactions: investors can put in hundreds of euros instead of millions, while ownership is recorded in a distributed ledger. For developers, it opens new channels of capital raising and the chance to sell shares to a wider pool of investors.
Albania’s progress in digitizing its cadastre and introducing rules for virtual assets gave momentum to this trend. On this foundation, tokenization may attract more foreign capital, especially from the diaspora, and make the market more transparent. It is still in an early stage, but successful cases already build trust and open the door for larger projects.
