Saranda Real Estate Market 2025: Investment Opportunities and Trends

Are you considering purchasing an apartment in Saranda? On the GlobiHome portal, we present current prices, the best locations, and the true investment potential of the Albanian Riviera in 2025. In this article, we explain why Saranda is attracting more and more savvy investors from all over Europe. Additionally, at the end, we provide contact details for a recommended real estate agent in Saranda, who is a co-creator of this article.

The real estate market in Saranda is currently experiencing its golden decade. Average prices have increased by 12% compared to the previous year. Furthermore, in the very center of Saranda, apartments for sale range from 1600 to 1800 EUR per square meter, and Saranda apartments with sea views cost 2200-3000 EUR/m².

Why Invest in an Apartment in Saranda?

• Albania is preparing for accession to the European Union, which will lead to an increase in property values.
• Real estate prices in Albania are rising by 10%-15% annually.
• Short-term rental yields are at 8-10%
• An international airport is planned to be built close to Saranda , which will further boost tourism in the country.

A key factor driving up real estate values in Albania is the planned construction of a new airport in 2025 and Albania's status as a candidate for the European Union recognized by the European Commission. This will not only facilitate access to the region but 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 bought for 1200 EUR per square meter just two years ago, now command much higher prices.

However, prices are not everything. The real attraction for investors is the potential return on investment. Apartment owners note yields of 8-10% annually. This practically means that an apartment worth 100,000 EUR can generate income of about 8000-10000 EUR annually from short-term rentals alone. Management fees among different agencies are at the level of 10-30% of income. The net rental profit in Saranda, depending on location, view, and finish standard, is about 7300 EUR annually.

Apartment Prices in Saranda 2025 - Current Market Analysis

The real estate market in Saranda is undergoing a fascinating transformation. In the city center, new turnkey finish apartments reach prices from 1600 to 1800 EUR per square meter. This is still significantly less than in similar coastal locations in Croatia or Greece, where comparable properties cost even twice as much.

An important aspect is that the price of the apartment includes a turnkey finish, meaning that it includes a fitted kitchen, bathroom, floor tiles, doors, and painted walls. This is a great convenience when buying property abroad.

To buy an interesting property in Saranda, it's worth having a minimum budget of 100,000 EUR. There are also opportunities on the secondary market at lower prices, but it's worth carefully checking the legal aspects of such properties.

Saranda Beachfront Apartments - Offers and Prices

Properties with direct views of the Ionian Sea turn out to be real investment gems. In the front-line beach premium apartments reach prices between 2200 and 3000 EUR per square meter. High finish standards, private beaches, and breathtaking views make these properties particularly attractive to investors looking for stable value growth.

To buy an apartment in Saranda with a sea view in 2025, you need a minimum budget of 120,000 EUR.

Real Estate in Saranda by the Sea - Value Increase

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

Tourism indicators are equally impressive. A 22% year-on-year increase in the number of tourists and the extension of the tourist season from three to six months provide a solid foundation for investment in the short-term rental market.

Are you a professional real estate agent? We invite you to co-create expert articles on the real estate market anywhere in the world. Details of collaboration can be found in the collaboration section.

Real Estate in Saranda - Primary and Secondary Market 2025

New Apartments in Saranda - Primary Market

New apartments in Saranda offer modern solutions, high-quality construction, and often additional infrastructure such as pools and fitness areas. Developers in Saranda focus on energy-efficient technologies and thoughtful apartment layouts. By purchasing a property from the primary market in Saranda, you receive a developer's warranty, the possibility to choose the finishing standard, and often flexible payment schedules. New developments in the first shoreline and the dynamically developing Ksamil district are particularly popular. New apartments in Saranda also feature modern elevators, underground parking, and 24-hour security, significantly enhancing residents' comfort.

Installments for purchasing properties on the primary market in Saranda in 2025 are usually 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 receipt of 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 schedule is as follows:

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

It's important to thoroughly analyze the legal aspects of the property when buying from the secondary market. It's best to do this with the assistance of a local agent, lawyer, or notary.

Buying an Apartment in Saranda or Tirana - Which 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 for its tourism potential and price growth dynamics:

• Average short-term rental return: 8-10% per year
• Property value increase: 12% compared to 2024
• Prices from 1,600 EUR/m² with growth potential
• 300 sunny days a year
• Planned international airport (2025)

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

• Stable rental income throughout the year
• Prices from 1,800 EUR/m² in the center
• Developed business infrastructure
• Larger rental market for local residents

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

Real Estate Albania Saranda or Montenegro - Price Comparison 2025

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

In Saranda, an apartment with a sea view costs 2200-3000 EUR/m², while similar properties in Montenegrin Budva or Kotor already cost 3500-4500 EUR/m². At the same time, the development of infrastructure in Albania, including a new airport, suggests that Saranda is following a similar development path as Montenegrin resorts a decade ago.

Saranda weather and tourist season - when is the best time to rent?

Saranda boasts 300 sunny days a year, which translates to an exceptionally long tourist season. The highest rental rates are achieved in peak season (July-August), when the daily income from a two-bedroom apartment can reach 85-150 EUR. In June and September, rates remain at 60-100 EUR per day.

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

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

How to get to Saranda? All possibilities [Guide 2025]

When planning a trip to Saranda, you have several convenient transport options. Each has its advantages and allows you to tailor your arrival to individual preferences.

By plane to Saranda - nearest airports

Currently, the nearest airports are:

• Corfu (Greece) - the 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 in season

Ferry from Corfu to Saranda

Ferry crossing from Corfu is a popular way to reach:

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

You can buy tickets on the website Finikas Lines.

Airport Transfer from Tirana

From Tirana International Airport you have options:

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

The route leads along a scenic road along the coast, offering breathtaking views of the Albanian Riviera.

Apartments Albania Saranda - step-by-step purchase procedure

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

• Selecting a property and making a preliminary reservation
• Due diligence and legal verification
• Signing a preliminary agreement
• Preparing documentation and translations
• Finalization at the notary
• Handing over the keys and registering ownership

It is also possible to buy property without flying to Albania. You just need to grant a power of attorney to your real estate agent who will sign the notarial deed on your behalf. This is a safe and uncomplicated process, worth discussing with the property owner or real estate agent if you cannot fly to Saranda. The power of attorney requires Apostille, which is a certification that allows the legal use of a document created in one country in another country.

Costs of purchasing an apartment in Saranda - all fees 2025

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

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

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

To buy property in Saranda, only an ID card or passport is required, and the purchase-related costs are up to 1,200 EUR.

Apartment maintenance costs in Saranda 2025 - fees and utilities

The good news is that the cost of maintaining a property in Saranda is significantly lower than in most European seaside resorts, which positively affects the profitability of the investment. The necessary expenses are as follows

• Rent: 300-400 EUR per year
• Electricity: 30-50 EUR per month (higher usage 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 the coverage

If you want to use an agency to manage the rental of your apartment on-site, their cost ranges from 10% to 30% of the rental income. The price depends on the scope of property management services. 30% covers full service including Google Ads promotions.

Renting an Apartment in Saranda - Profitability and Investment Return 2025

Foreign clients most often buy properties in Saranda to spend time there a few times a year, and for the rest of the year, to earn income from rental. Below we present calculations based on our experience at GlobiHome.

Short-term Rental in Saranda:

High season (July-August):

• 1-bedroom apartment: 45-65 EUR per night
• 2-bedroom apartment: 65-85 EUR per night
• Sea view apartment: 85-150 EUR per night
• Penthouse with terrace: 150-200 EUR per night

Mid-season (May-June, September):

• 1-bedroom apartment: 35-45 EUR per night
• 2-bedroom apartment: 45-65 EUR per night
• Sea view apartment: 65-100 EUR per night
• Penthouse with terrace: 100-150 EUR per night

Sample Profitability Calculation:

Let's assume a 2-bedroom apartment in the center of Saranda:

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

Annual costs:

• Utilities and maintenance: 2,200 EUR
• Rental management: 3,150 EUR (25%)
• Total costs: 5,350 EUR

Annual profit: 7,250 EUR

Factors Affecting Rental Profitability in Saranda:

• Location of the apartment
• Finish quality
• View from the windows
• Additional amenities (pool, parking)

Market Trends:

• Lengthening tourist season
• Growing popularity of Albania
• Development of tourist infrastructure
• Increasing demand for premium apartments
• More tourists from Western Europe

Summary: Investment Prospects Saranda 2025

In 2025, Saranda is in a development stage similar to that of Dubrovnik in Croatia or Budva in Montenegro several years ago. Planned infrastructure investments, increasing tourist activity, and still attractive prices create a unique window of opportunity for savvy investors.

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

Data sourced from Albanian Real Estate Association reports and Globihome's own market analyses.

Are you planning to purchase property in Saranda? We invite you to contact our recommended real estate agent.