Explore Vlora Real Estate 2025: Prices, Investments, and Market Insights
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Are you planning to purchase property in Vlorë? At GlobiHome, we collaborate with real estate agents with whom we have developed a summary of current apartment prices in Vlorë and practical tips for safely purchasing an apartment in Vlorë. It's a truly fascinating city on the Albanian Riviera. If you additionally wish to discuss the details of buying property in Albania, at the very end of the article we provide contact information for an agent we recommend.
Vlorë Apartment Prices 2025 - Current Rates
The real estate market in Vlorë is developing dynamically, offering attractive investment opportunities across various price ranges. A detailed price analysis in individual districts is as follows:
Vlorë Apartment (Albania) - Downtown
The city center attracts investors looking for properties with year-round rental potential. Real estate in this location enjoys stable demand from local tenants and tourists who prefer an urban lifestyle. For a new apartment, you have to pay 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
Vlorë Properties (Albania) - Seaside Area
The most prestigious apartments in Vlorë with a sea view, located on the first coastline, 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 (up to 500 meters from the beach) can be purchased within the range of 1200-1800 EUR/m².
- Studio 35m²: from 50,000 EUR without a sea view, from 65,000 EUR studio with a sea view Vlorë
- Apartment 70m²: from 90,000 EUR without a sea view, from 110,000 EUR apartment with a sea view Vlorë
- Apartment 100m² with 2 bathrooms: from 120,000 EUR without a sea view, from 140,000 EUR apartment with a sea view Vlorë
Best Districts in Vlorë to Buy an Apartment
Lungomare - Prestigious Seaside District
Lungomare is the most exclusive part of Vlorë, where the most expensive properties are located. The district offers direct access to the beach and developed tourist infrastructure. Investing in this location guarantees the highest potential for short-term rentals and stable property value appreciation.
Vlorë apartments in Lungomare can be purchased in 2025 at the following prices:
- One-bedroom apartments: from 130,000 EUR
- Two-bedroom apartments: from 190,000 EUR
- Properties with a sea view: from 250,000 EUR
The seaside promenade is the most prestigious part of Vlorë, offering:
- Modern apartment buildings with pools
- Private beaches and recreation areas
- Beachfront restaurants and cafes
- Well-developed tourist infrastructure
- Highest short-term rental potential
Uji i Ftohte - the 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 to come themselves 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 views: from 200,000 EUR
Uji i Ftohte is a tranquil district combining proximity to the beach with comfortable living:
- 10-minute walk to the sea
- New estates with playgrounds
- Competitive prices
- Good communication with the center
- Developing infrastructure
Real Estate in Albania - Purchase Process Step by Step
Buying property in Vlora is a straightforward process that typically takes 2-3 weeks. The procedure is much simpler than it might seem, and the entire process can even be completed without the need to travel to Albania.
Real Estate Purchase Process in Albania
The standard purchasing procedure includes the following steps:
- Property selection and initial reservation
- Due diligence and legal verification in the Mortgage register
- Signing the preliminary contract and paying the deposit
- Preparation of all documents and translations
- Finalization of the transaction at the notary
- Handover of keys and registration of ownership
Remote Purchase
It is possible to purchase property without having to travel to Albania in person. All you need to do is give power of attorney to a real estate agent who will carry out the entire process on your behalf. The power of attorney requires Apostille certification - an international certification of the document allowing its legal use in Albania.
Necessary Documents
The following documents are needed to complete the transaction:
- Passport or ID card
- Notarial power of attorney with Apostille (for remote purchase)
Financing Purchase and Loans in Albania
Foreign clients most often finance property purchases in Albania from their own resources. This is because the banking system is not as advanced as in other European countries, making a purchase without a loan simply the easiest option. Developers in Vlora are, of course, aware that not all clients have the full amount, hence often the payment for the property is in installments. Installments are often spread over several months, in line with the progress of construction work.
However, if you are unable to buy a property with cash, Albanian banks do 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 to finance the purchase with a loan from your home country, which is simpler than obtaining a loan for foreigners.
Property Rental in Vlora 2025 - Investment Potential and Rental Return
Vlora offers some of the highest returns on property investments along the Adriatic coast. This is made possible by the combination of several key factors. Firstly, the relatively low property purchase prices in Albania compared to similar locations in Croatia or Montenegro create an attractive entry threshold. Simultaneously, the rental rates for apartments in Vlora, especially in the summer season, remain at levels comparable to other popular holiday destinations.
A long tourist season, lasting from May to October, allows for generating high revenues for almost half the year. Moreover, the growing popularity of Albania as a tourist destination and the planned opening of an international airport in Vlora in 2025 create the prospect of extending the season and increasing rental rates.
An additional advantage is the rapidly developing long-term rental market in the winter period. Vlora, as the second-largest port city in Albania, attracts students, corporate workers, and remote workers, providing a stable income source outside the holiday season.
Holiday Rentals (May-October)
Peak season (July-August):
- Studio (35m²): 50-65 EUR/night (occupancy 90%)
- Apartment (50m²): 70-90 EUR/night (occupancy 90%)
- Premium apartment: 100-150 EUR/night (occupancy 95%)
High season (May, October):
- Studio (35m²): 40-55 EUR/night (occupancy 75%)
- Apartment (50m²): 60-80 EUR/night (occupancy 75%)
- Premium apartment: 90-120 EUR/night (occupancy 80%)
Long-Term Rentals (November-April)
Stable income off-season:
- Studio: 250-350 EUR/month
- Apartment: 350-500 EUR/month
- Premium apartment: 500-800 EUR/month
Example Calculation of Annual Profit
For a 50m² apartment worth 90,000 EUR:
- Annual income from high season: 8500 EUR
- Annual income from winter rental: 3000 EUR
- Total annual income: 11,500 EUR
Annual costs:
- Utilities and maintenance: 2000 EUR
- Rental management: 2875 EUR (25% of income)
- Total annual costs: 4875 EUR
Annual profit: 6625 EUR
Transportation and Access to Vlora
Currently, the most convenient way to reach Vlora is to fly into Tirana, from where a car journey takes approximately 2.5 hours. Regular bus transfers are available as well as the option to hire private transportation. From 2025, an international airport is planned to open in Vlora, which will significantly facilitate travel.
Alternative options to reach Vlora include:
- Ferries from Brindisi, Italy (about a 6-hour journey)
- Bus connections from major cities in Albania
- Private transfer from Tirana airport (approximately 100-150 EUR)
New Airport and Real Estate Prices in Albania - 2025 Investment
The construction of an international airport in Vlora is a key investment that will significantly impact the region's development and real estate market. The airport, scheduled to open in 2025, will be located just a 15-minute drive from the city center. This 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 feature a 3.2 km runway, enabling it to accommodate all types of passenger aircraft. Direct connections are planned with major European cities, including London, Frankfurt, Rome, and Warsaw. This will significantly improve access to the region for tourists from across Europe, who currently must use the airport located 2.5 hours away in Tirana.
The impact on the real estate market will be significant. This is exemplified by Montenegrin Tivat, where the opening of the airport led to a 40% increase in apartment values within just two years.
Climate and Weather in Vlora
Vlora enjoys a typical Mediterranean climate, with long, warm summers and mild winters. Average temperatures by month:
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 Real Estate - Price and Location Comparison 2025
Vlora and Saranda are two main investment destinations on the Albanian coast, offering different perspectives for investors. As a larger port city, Vlora stands out with better infrastructure and a broader year-round rental market. Saranda, on the other hand, offers slightly lower real estate 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 Corfu airport
- Intense season (June-September)
- Lower real estate prices
- Intimate resort atmosphere
On the GlobiHome blog, we wrote a separate article about real estate in Saranda. If you are considering investing on the Albanian coast, also check our article on apartment prices in Saranda.
Frequently Asked Questions (FAQ) About Real Estate in Vlora
Can foreigners buy property in Vlora?
Yes, foreigners can buy property in Albania without any hurdles. The process is simple and secure, and property ownership is protected by the constitution.
How much does an apartment cost in Vlora, Albania, in 2025?
Apartment prices in Vlora start at 50,000 EUR for a studio in the city center. Premium apartments with a sea view cost from 130,000 EUR. The average price per square meter ranges between 1300 and 2500 EUR, depending on the location.
What is the cost of maintaining an apartment in Vlora?
Monthly maintenance costs for a 50m² apartment in Vlora are relatively low compared to other European coastal locations. Administrative rent is between 20 and 30 EUR per month, electricity bills range from 30 to 50 EUR, water fees cost between 10 and 15 EUR, and an internet and TV package is around 20-25 EUR.
What is the property purchase tax in Vlora?
One of the main advantages of investing in Albania is the lack of property purchase tax. Low taxation when purchasing property in Albania is a significant advantage compared to other European countries.
Is it worth buying an apartment in Vlora in 2025?
Investing in Vlora real estate is currently a highly desirable choice among investors on the Adriatic coast. The annual rental return rate can exceed 7%, and property values increase by an average of 8-12% per year. The planned airport opening in 2025 will further boost the city's investment attractiveness.
Summary: Why Invest in Vlora Real Estate in 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, seaside promenade expansion, and yacht port modernization, will further increase property values in the coming years.
If you are a professional real estate agent from any city in the world, we invite you to co-create expert articles on GlobiHome. You can find details in the collaboration section.
As experts in the Albanian real estate market , we assess that this country combines stable value growth (8-12% annually) with the potential for high rental income. If you want to purchase property in Albania, you can discuss details with an expert in this market.