Explore Vlora Real Estate 2025: Prices, Investments, and Market Insights
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Planning to buy property in Vlora? At GlobiHome, we work with real estate agents with whom we have prepared a list of current apartment prices in Vlora and practical tips on safe apartment purchase in Vlora. It's a truly fascinating city on the Albanian Riviera. If you also want to talk about real estate buying details in Albania, at the very end of the article, we provide contact to an agent we recommend.
Vlora Apartment Prices 2025 - current rates
The real estate market in Vlora is dynamically developing, offering attractive investment opportunities across different price ranges. A detailed analysis of prices in individual districts is as follows:
Vlora Apartment (Albania) - city center
The city center attracts investors looking for properties with year-round rental potential. Properties in this location enjoy stable demand from local tenants and tourists preferring an urban lifestyle. New apartments cost between 1300 and 1800 EUR per square meter.
- Studio 35m²: from 50,000 EUR
- Apartment 70m² with parking: from 90,000 EUR
- Apartment 100m² with 2 bathrooms: from 130,000 EUR
Vlora Properties (Albania)- coastal zone
The most prestigious seaside apartments in Vlora, located on the first line of the coast, reach prices from 1500 to 2500 EUR per square meter. In the case of penthouses and premium apartments, prices can exceed 3000 EUR/m². Properties located in the second line of buildings (up to 500 meters from the beach) can be purchased in the range of 1200-1800 EUR/m².
- Studio 35m²: from 50,000 EUR without sea view, from 65,000 EUR studio with sea view in Vlora
- Apartment 70m²: from 90,000 EUR without sea view, from 110,000 EUR apartment with sea view in Vlora
- Apartment 100m² with 2 bathrooms: from 120,000 EUR without sea view, from 140,000 EUR apartment with sea view in Vlora
Best Districts in Vlora for Apartment Purchase
Lungomare - prestigious seaside district
Lungomare is the most exclusive part of Vlora, where the most expensive properties are located. The district offers direct access to the beach and a developed tourist infrastructure. Investment in this location guarantees the highest potential for short-term rental and a stable increase in property value.
Apartments in Vlora in Lungomare can be bought in 2025 at the following prices:
- One-bedroom apartments: from 130,000 EUR
- Two-bedroom apartments: from 190,000 EUR
- Properties with sea view: from 250,000 EUR
The seaside promenade is the most prestigious part of Vlora offering:
- Modern apartment buildings with pools
- Private beaches and recreational areas
- Beachfront restaurants and cafes
- Developed tourist infrastructure
- Highest short-term rental potential
Uji i Ftohte - perfect balance
The Uji i Ftohte district attracts investors seeking a quieter location with good beach access. Prices here are more affordable than in Lungomare, and the potential for property value growth remains high. It's an ideal location for those planning both vacation rentals and longer stays. Clients who buy an apartment to rent it during the season and come for a vacation outside the season often choose this part of Vlora. Below is a price list:
- One-bedroom apartments: from 100,000 EUR
- Two-bedroom apartments: from 140,000 EUR
- Properties with sea view: from 200,000 EUR
Uji i Ftohte is a quiet district combining proximity to the beach with comfortable living:
- 10-minute walk to the sea
- New complexes with playgrounds
- Competitive prices
- Good communication with the city center
- Developing infrastructure
Real Estate in Albania - Step-by-Step Purchase Process
Buying property in Vlora is a transparent process that usually takes 2-3 weeks. The procedure is much simpler than it may seem, and the entire process can be carried out even without the need to travel to Albania.
The process of buying property in Albania
The standard purchase procedure includes the following steps:
- Selecting a property and provisional booking
- Due diligence and legal verification in the Hypothèque register
- Signing the preliminary contract and making a deposit
- Preparing the complete set of documentation and translations
- Finalizing the transaction at the notary
- Handing over the keys and registering property rights
Remote purchase
It is possible to purchase property without the need to personally travel to Albania. Simply give a power of attorney to a real estate agent who will conduct the entire process on your behalf. The power of attorney requires an Apostille certification - an international certification of a document allowing its legal use in Albania.
Necessary documents
The following documents are needed to conduct the transaction:
- Passport or national ID card
- Notarial power of attorney with Apostille (for remote purchase)
Financing purchase and loans in Albania
Foreign clients most frequently finance property purchases in Albania from their own funds. This is because the banking system is not yet as advanced as in other European countries, so buying without a loan is simply the easiest. Developers in Vlora are, of course, aware that not all clients have the full amount, which is why the payment for the property is often in installments. The installments are often spread over several months according to the progress of construction works.
However, if you are unable to purchase a property with cash, Albanian banks offer mortgage loans, but the procedure for foreigners is complicated. At GlobiHome, we do not recommend this solution if you are from a country other than Albania. An alternative is financing the purchase with a loan in your country of origin, which is simpler than obtaining a loan for foreigners.
Property Rental Vlora 2025 - Investment Potential and Rental Return
Vlora offers some of the highest returns on property investments along the entire Adriatic coast. This is possible due to the combination of several key factors. First and foremost, relatively low property purchase prices in Albania compared to similar locations in Croatia or Montenegro create an attractive entry threshold. At the same time, apartment rental rates in Vlora, especially during the summer season, remain at a level comparable to other popular holiday destinations.
A long tourist season, lasting from May to October, allows for generating high revenues for almost half a year. Moreover, the growing popularity of Albania as a tourist destination and the planned opening of the international airport in Vlora in 2025 create prospects for extending the season and increasing rental rates.
Another advantage is the dynamically developing long-term rental market in the winter months. Vlora, as the second largest port city in Albania, attracts students, corporate workers, and remote workers, providing a stable income source outside of the holiday season.
Holiday rental (May-October)
Peak season (July-August):
- Studio (35m²): 50-65 EUR/day (occupancy 90%)
- Apartment (50m²): 70-90 EUR/day (occupancy 90%)
- Premium apartment: 100-150 EUR/day (occupancy 95%)
High season (May, October):
- Studio (35m²): 40-55 EUR/day (occupancy 75%)
- Apartment (50m²): 60-80 EUR/day (occupancy 75%)
- Premium apartment: 90-120 EUR/day (occupancy 80%)
Long-term rental (November-April)
Stable income outside of the season:
- Studio: 250-350 EUR/month
- Apartment: 350-500 EUR/month
- Premium apartment: 500-800 EUR/month
Example of annual profit calculation
For a 50m² apartment worth 90,000 EUR:
- Annual income from high season: 8,500 EUR
- Annual income from winter rental: 3,000 EUR
- Total annual income: 11,500 EUR
Annual costs:
- Utilities and maintenance: 2,000 EUR
- Rental management: 2,875 EUR (25% of income)
- Total annual costs: 4,875 EUR
Annual profit: 6,625 EUR
Transport and Access to Vlora
Currently, the most convenient way to reach Vlora is a flight to Tirana, from where the car journey takes approximately 2.5 hours. Regular bus transfers are available, as well as the possibility of renting private transport. From 2025, the opening of an international airport in Vlora is planned, which will significantly facilitate communication.
Alternative options for reaching Vlora include:
- Ferries from Brindisi, Italy (approximately 6-hour crossing)
- Bus connections from major Albanian cities
- Private transfer from Tirana airport (approximately 100-150 EUR)
New Airport and Property Prices in Albania - 2025 Investment
The construction of the international airport in Vlora is a key investment that will significantly impact the region's development and the real estate market. The airport, slated to open in 2025, will be located just 15 minutes drive from the city center. The investment valued at 104 million euros is being carried out in partnership with an international consortium, and the airport will be able to handle up to 2 million passengers annually.
The airport will be equipped with a 3.2 km runway, allowing for the reception of all types of passenger aircraft. Direct connections are planned with major European cities, including London, Frankfurt, Rome, and Warsaw. This will significantly ease access for tourists from all over Europe, who currently need to use an airport 2.5 hours away in Tirana.
The impact on the real estate market will be significant. This is evidenced by the example of Tivat in Montenegro, where property values rose by 40% within just two years after the airport opened.
Climate and Weather in Vlora
Vlora enjoys a typical Mediterranean climate with long, warm summers and mild winters. Average temperatures in different months:
January: 8-13°C
February: 9-14°C
March: 11-16°C
April: 14-19°C
May: 18-23°C
June: 22-28°C
July: 25-32°C
August: 25-32°C
September: 22-27°C
October: 18-23°C
November: 13-18°C
December: 9-14°C
The sea is warm enough for swimming from May to October, with water temperatures ranging from 20°C to 26°C at the peak of the season.
Vlora or Saranda Properties - Price and Location Comparison 2025
Vlora and Saranda are two main investment directions on the Albanian coast, offering different perspectives for investors. Vlora, as a larger port city, stands out with better infrastructure and a broader year-round rental market. Saranda, on the other hand, offers slightly lower property prices and proximity to tourist attractions.
Vlora:
- Own airport from 2025
- Longer season (May-October)
- Strong long-term rental market
- Dynamic infrastructure development
Saranda:
- Proximity to the Corfu airport
- Intense season (June-September)
- Lower property prices
- Intimate resort character
On the GlobiHome blog, we have written a separate article about properties in Saranda. If you are considering investing on the Albanian coast, also check out our article on apartment prices in Saranda.
Frequently Asked Questions (FAQ) about Properties in Vlora
Can foreigners buy properties in Vlora?
Yes, foreigners can purchase properties in Albania without restrictions. The process is simple and secure, and property rights are protected by the constitution.
How much does an apartment cost in Vlora, Albania 2025?
Property prices in Vlora start from 50,000 EUR for a studio in the city center. Premium apartments with sea views cost from 130,000 EUR. The average price per square meter ranges between 1300 and 2500 EUR, depending on the location.
What are the costs of maintaining an apartment in Vlora?
The monthly maintenance costs for a 50m² apartment in Vlora are relatively low compared to other European seaside locations. Administrative rent costs from 20 to 30 EUR per month, electricity bills range from 30 to 50 EUR, water bills cost 10-15 EUR, and an internet-TV package is a cost of about 20-25 EUR.
What is the property purchase tax in Vlora?
One of the main advantages of investing in Albania is the absence of property purchase tax. Low taxation when buying property in Albania is a significant advantage compared to other European countries.
Is it worth buying an apartment in Vlora 2025?
Investing in Vlora real estate is currently a highly desired choice among investors on the Adriatic coast. The annual rental return rate can exceed 7%, with property values increasing by an average of 8-12% annually. The planned airport opening in 2025 will further enhance the city's investment appeal.
Summary: Why Invest in Vlora Properties 2025?
Buying an apartment in Vlora is a safe investment with high growth potential. Vlora apartments offer competitive prices compared to other Mediterranean locations, and planned infrastructure investments, including a new airport, the expansion of the seaside promenade, and the modernization of the yacht port will further increase property values in the coming years.
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As experts in the Albanian real estate market, we assess that this country combines stable value growth (8-12% annually) with high rental income potential. If you want to purchase property in Albania, you can discuss the details with a market expert.