Saranda Real Estate Market 2025: Investment Opportunities and Trends

Considering buying an apartment in Saranda? On the GlobiHome portal, we present current prices, the best locations, and the real investment potential of the Albanian Riviera in 2025. In this article, we'll explain why Saranda is attracting more and more savvy investors from all over Europe. Additionally, at the end, we share contact information for a real estate agent in Saranda recommended by us, who is also the co-author of this article.

The real estate market in Saranda is experiencing its golden decade. Average prices have increased by 12% compared to the previous year. Moreover, in the very center of Saranda, apartments for sale are priced from 1400 to 1800 EUR per square meter, and apartments in Saranda with a sea view cost between 2000-3000 EUR/m².

Why invest in an apartment in Saranda?

• Albania is preparing to join the European Union, which will increase property values.
• Real estate prices in Albania are increasing by 10%-15% annually.
• Short-term rental yield is at 8-10% levels
• An international airport is planned to be built near Saranda which will lead to even greater tourist traffic in this country.

The key factor driving property value growth in Albania is the planned 2025 construction of a new airport and Albania's status as a candidate for the European Union recognized by the European Commission. This will not only make access to the region easier but will also significantly impact the value of surrounding properties. At GlobiHome, we are already seeing these effects - apartments in the center of Saranda, which could be purchased for 1200 EUR per square meter two years ago, are now achieving much higher prices.

But prices alone are not everything. The true magnet for investors is the investment return potential. Apartment owners record yields of 8-10% annually. In practice, this means that an apartment worth 100,000 EUR can generate a revenue of about 8000-10000 EUR annually from short-term rentals alone. The management fees by various agencies are at 10-30% of the revenue. The net rental profit in Saranda, depending on location, view, and standard of finish is around 7300 EUR per year.

Housing Prices in Saranda 2025 - Current Market Analysis

The real estate market in Saranda is undergoing a fascinating transformation. In the city center, new turnkey apartments are priced from 1400 to 1800 EUR per square meter. This is still significantly less than in similar coastal locations in Croatia or Greece, where comparable properties can cost up to twice as much.

An important aspect is that the price of the apartment includes turnkey finishing, meaning kitchen furnishings, bathroom, floor tiles, doors are done and the walls are painted. This is a great convenience if you're buying property abroad.

To purchase an interesting property in Saranda, it's good to have a budget of at least 100,000 EUR. There are also opportunities on the secondary market at lower prices, but it's worth thoroughly checking the legal aspects of such a property.

Saranda Frontline Apartments – Offers and Prices

The true investment gems turn out to be real estate with direct views of the Ionian Sea. On the first shoreline, premium apartments achieve prices between 2000 and 3000 EUR per square meter. High standards of finish, private beaches, and breathtaking views make these properties particularly attractive to investors looking for stable value growth.

To purchase an apartment in Saranda with a sea view in 2025, you need a budget of at least 120,000 EUR.

Properties in Saranda by the Sea - Increasing Value

The key factor driving price increases in Saranda is the planned 2025 construction of a new international airport near Saranda. History shows that similar infrastructure investments in the region have led to spectacular price increases. In Montenegro's Tivat, after the airport opened, apartment values increased by 40% within just two years.

Equally impressive are the tourism indicators. The number of tourists is increasing by 22% year on year and the tourist season is extended from three to six months, providing a solid foundation for investing in the short-term rental market.

Are you a professional real estate agent? We invite you to co-create expert articles about the real estate market anywhere in the world. You can find collaboration details in the collaboration tab.

Real Estate in Saranda - Primary and Secondary Market 2025

New Apartments in Saranda - Primary Market

New Saranda apartments offer modern solutions, high quality construction, and often additional infrastructure like swimming pools or fitness zones. Developers in Saranda are focusing on energy-efficient technologies and well-thought-out apartment layouts. When buying a property from the primary market in Saranda, you get a developer’s warranty, the ability to choose the standard of finish, and often flexible payment schedules. Particularly popular are new investments on the first shoreline and in the dynamically developing Ksamil district. New apartments in Saranda also stand out with modern elevators, underground parking, and 24-hour security, which significantly enhance residents' comfort.

Installments when purchasing real estate in Saranda's primary market in 2025 are usually shaped as follows:

• 5% during reservation,
• 60% upon signing the notarial deed,
• 15% according to the progress of construction work,
• 15% according to the progress of construction work,
• 5% upon receiving the ownership certificate.

Second-Hand Apartments in Saranda - Secondary Market

Properties from the secondary market in Saranda often offer more competitive prices, and the payment structure is as follows:

• 5% during reservation
• 95% upon signing the notarial deed and receiving the ownership certificate

It is important that when buying a second-hand apartment, one thoroughly analyzes the legal aspects of the property. It is best to do this in cooperation with a local agent, lawyer, or notary.

Buying an Apartment in Saranda or Tirana - What to Choose?

Choosing between investing in Saranda or Tirana is a decision faced by many investors considering purchasing property in Albania. Each of these locations offers unique benefits and investment opportunities.

Saranda stands out with its tourism potential and price growth dynamics:

• Average short-term rental return: 8-10% annually
• Property value growth: 12% compared to 2024
• Prices from 1400 EUR/m² with growth potential
• 300 sunny days a year
• Planned international airport (2025)

Tirana, on the other hand, offers the stability of a capital and a long-term rental market:

• Stable rental income throughout the year
• Prices from 1800 EUR/m² in the center
• Developed business infrastructure
• Larger rental market for local residents

For investors focused on tourism profits and dynamic value growth, Saranda is currently a more prospective choice. Especially since it is at a similar stage of development as Dubrovnik or Budva 15 years ago, which we will be covering more on our GlobiHome portal.

Real Estate Albania Saranda or Montenegro - Price Comparison 2025

Investors often consider choosing between Saranda and popular resorts in Montenegro. Comparing these markets in 2025, Saranda offers more attractive entry prices and higher potential growth.

In Saranda, an apartment with a sea view costs 2000-3000 EUR/m², while similar properties in Montenegro's Budva or Kotor cost already 3500-4500 EUR/m². At the same time, Albania's infrastructure development, including the new airport, suggests that Saranda is following a development path similar to Montenegro resorts of a decade ago.

Saranda Weather and Tourist Season - Best Rental Times?

Saranda boasts 300 sunny days per year, which translates into an exceptionally long tourist season. The highest rental rates are achieved during the peak season (July-August), when the daily income from a two-room apartment can be 85-150 EUR. In June and September, rates maintain between 60-100 EUR per day.

The mid-season (May, October) yields incomes of 40-70 EUR per day. Even in the winter period, apartments find tenants, especially among remote workers and long-term residents who appreciate the mild climate and lower living costs.

Temperature in Albania Throughout the Year:

• Summer (June-August): Air temperature: 25-35°C Water temperature: 23-26°C Precipitation: minimal Sunny days: 28-30 days a month
• Spring (March-May): Air temperature: 15-25°C Water temperature: 17-21°C Precipitation: moderate Sunny days: 20-25 days a month
• Autumn (September-November): Air temperature: 15-28°C Water temperature: 19-24°C Precipitation: occasional Sunny days: 22-26 days a month
• Winter (December-February): Air temperature: 8-15°C Water temperature: 15-17°C Precipitation: increased Sunny days: 15-20 days a month

How to Get to Saranda? All Access Options [Guide 2025]

Planning a trip to Saranda, you have several convenient transport options. Each has its own advantages and allows to adjust the way of arrival to individual preferences.

By Plane to Saranda - Nearest Airports

Currently, the nearest airports are:

• Corfu (Greece) - most popular option
• Tirana (Albania)
• Ioannina (Greece)

Corfu Airport is the most convenient choice:

• Direct flights from many European cities
• Short ferry transfer to Saranda (30-60 minutes)
• Regular ferry connections
• Ferry ticket prices: 19-23 EUR/person
• Several sailings per day during the season

Ferry from Corfu to Saranda

The ferry crossing from Corfu is a popular way to reach:

• Travel time: 30-60 minutes
• Frequent connections during the season
• Ferries depart from Corfu's new port
• Tickets can be purchased on-site or online

Tickets can be purchased on the Finikas Lines website.

Transfer from Tirana Airport

From Tirana International Airport, you have the choice of:

• Private transport (2.5-3 hours)
• Bus (4-5 hours)
• Car rental

The route goes along a picturesque road along the coast, offering beautiful views of the Albanian Riviera.

Buying Apartments in Albania Saranda - Purchase Procedure Step by Step

The property purchasing process in Saranda is much simpler than it might seem. It usually takes 2-3 weeks and includes:

• Property selection and initial reservation
• Due diligence and legal verification
• Signing a preliminary agreement
• Preparation of documentation and translations
• Finalization at the notary
• Key handover and ownership registration

There is also an option to buy property without flying to Albania. All you need to do is grant a power of attorney to your real estate agent who will sign the notarial deed on your behalf. It is a safe and uncomplicated process, worth discussing with the property owner or real estate agent if you are unable to come to Saranda. The power of attorney requires an Apostille which certifies a document issued in one country for legal use in another.

Costs of Buying an Apartment in Saranda - All Fees 2025

When planning to buy an apartment in Saranda, apart from the property price itself, you need to consider additional costs. One of the main advantages of investing in Albania is the lack of property purchase tax, which significantly lowers the total transaction costs compared to other European countries.

Key purchase-related costs when buying an apartment in Saranda are:

• Notary: 150-450 EUR
• Translator: 60-150 EUR
• Reassignment of ownership and utilities: 100-200 EUR
• Necessary certificates: 100 EUR
• Property purchase tax: 0%

To buy property in Saranda, a valid ID or passport suffices, and the roundabout purchase costs total up to 1200 EUR maximum.

Maintenance Costs of an Apartment in Saranda 2025 - Fees and Utilities

The good news is that the maintenance costs of real estate in Saranda are significantly lower than in most European seaside resorts, which positively affects investment profitability. The necessary fees are as follows

• Maintenance fee: 300-400 EUR per year
• Electricity: 30-50 EUR per month (higher use in summer due to air conditioning)
• Water: 10-13 EUR per month
• Internet: 20 EUR per month
• Property insurance: 300-800 EUR per year depending on coverage

If you want to use an agency that will handle renting your apartment on-site, their cost is between 10% and 30% of rental income. The price depends on the range of rental management services. 30% is for full service including Google Ads campaigns.

Renting an Apartment in Saranda - Profitability and ROI 2025

Foreign clients most often buy properties in Saranda to spend some time there a few times a year and reap profits from renting for the rest of the time. Below we present calculations from our experience at GlobiHome.

Short-term rental in Saranda:

High season (July-August):

• 1-bedroom apartment: 45-65 EUR/night
• 2-bedroom apartment: 65-85 EUR/night
• Apartment with sea view: 85-150 EUR/night
• Penthouse with terrace: 150-200 EUR/night

Mid-season (May-June, September):

• 1-bedroom apartment: 35-45 EUR/night
• 2-bedroom apartment: 45-65 EUR/night
• Apartment with sea view: 65-100 EUR/night
• Penthouse with terrace: 100-150 EUR/night

Example Profitability Calculation:

Let's assume a two-bedroom apartment in the center of Saranda:

• Average annual occupancy: 180 days
• Average daily rate: 70 EUR
• Potential annual income: 12,600 EUR

Annual costs:

• Utilities and maintenance: 2200 EUR
• Rental management: 3150 EUR (25%)
• Total costs: 5350 EUR

Annual profit: 7250 EUR

Factors Affecting Rental Profitability in Saranda:

• Apartment location
• Finish standard
• Window view
• Additional amenities (pool, parking)

Market Trends:

• Extending tourist season
• Rising popularity of Albania
• Development of tourist infrastructure
• Increasing demand for premium apartments
• More and more tourists from Western Europe

Summary: Saranda Investment Prospects 2025

Saranda in 2025 is at a similar point of development as Croatia's Dubrovnik or Montenegro's Budva were several years ago. Planned infrastructure investments, increasing tourist traffic, and still attractive prices create a unique window of opportunity for discerning investors.

With an average short-term rental return rate of 8-10% annually and a projected property value growth of 10-15% per year, investing in Saranda can provide an ideal balance between safety and growth potential.

The data comes from the Albanian Real Estate Association reports and our own market analyses from the last quarter.

Planning to purchase property in Saranda? Feel free to contact the real estate agent we recommend.