Diversify Your Portfolio with Vlora Investment PropertiesPromenade city with homesfew steps from the beach

Real Estate in Vlora

Vlora: Albania’s Coastal Rising Star for Property Investment

Vlora, a vibrant coastal city in southern Albania, is rapidly emerging as one of the country’s top destinations for real estate investment. Located where the Adriatic meets the Ionian Sea, Vlora combines natural beauty, a growing tourism sector, and government-led infrastructure development. With prices still well below those of Western European coastal towns, but rising steadily, Vlora presents an exceptional opportunity for early-stage investors seeking value, rental income, or lifestyle properties along the Albanian Riviera.

Types of Properties Available

Vlora offers a variety of residential real estate options, from newly built seafront apartments and modern condominiums to traditional homes in the city’s historic districts. Most foreign buyers are drawn to the newer developments along the Lungomare promenade and in areas like Uji i Ftohtë, where apartments with sea views, balconies, and modern amenities are widely available.

Further inland or in the hills above the city, investors can find villas and houses — some with panoramic views of the bay and mountains. These are often used as family residences or boutique guesthouses. Commercial properties include small hotels, cafés, restaurants, and retail units in the city center or near the waterfront, all benefiting from growing tourism flows.

Legal Framework and Foreign Ownership

Albania allows foreigners to purchase real estate on a freehold basis, with very few restrictions. International buyers can own apartments and buildings outright. However, foreign individuals cannot directly own land unless they establish an Albanian legal entity, such as an LLC — a common and simple procedure for those seeking to purchase villas with land or engage in development.

The property purchase process in Vlora typically includes: (1) a preliminary agreement, (2) due diligence on property title and documentation, (3) notarization of the sale contract, and (4) registration at the local Immovable Property Registration Office. Transaction costs range from 3% to 6% of the purchase price and include notary, legal, and registration fees. VelesClub Int. supports clients with full legal oversight and company formation when needed.

Price Levels and Market Trends

Real estate in Vlora remains attractively priced, especially considering its coastal location and rising profile as a tourist destination. In 2025, prices for modern seafront apartments in prime areas like Lungomare or Uji i Ftohtë range between €1,200 and €1,800 per square meter. New luxury developments with panoramic views may exceed €2,000/m², particularly in boutique projects or penthouses.

Inland and hillside properties, including older buildings or houses requiring renovation, may cost between €700 and €1,100/m². Villas with land, if purchased via a company structure, can range from €150,000 to €500,000 depending on size, location, and condition.

Rental demand is strong during the summer season, with short-term lets achieving €50–€150 per night for seafront units. Gross seasonal rental yields for well-positioned properties typically range from 6% to 9%, with potential for higher returns through active holiday rental management.

Why Invest in Vlora?

Vlora offers a compelling mix of lifestyle appeal, long-term value appreciation, and entry-level affordability. Key drivers include:

• Tourism growth: Vlora is becoming a hotspot on the Albanian Riviera, with rising visitor numbers each year
• New infrastructure: The nearby international airport (under construction), highway links, and port upgrades are transforming accessibility
• Low taxation: Albania has one of Europe’s lowest property taxes and favorable conditions for rental income
• High-quality coastline: Crystal-clear waters, long beaches, and Mediterranean climate

Investment strategies that perform well in Vlora include:

• Buy-to-rent (short-term): Targeting tourists during peak seasons, especially seafront apartments
• Buy-and-hold: Long-term capital appreciation as the city develops further
• Hospitality ventures: Small hotels or guesthouses near the promenade or beaches
• Villa development: Building or renovating homes for resale or premium rentals (via company ownership)

Top Areas in Vlora for Property Buyers

Each district in Vlora has its own unique appeal and investment profile:

• Lungomare: The city’s most popular promenade with beachfront developments and cafés
• Uji i Ftohtë: Quiet, scenic, and known for high-end residential projects with sea views
• Kaninë: A historic hilltop village overlooking the bay, ideal for villa-style investments
• City Center: A practical choice for commercial properties or affordable apartments
• Narta Lagoon area: Emerging eco-tourism zone near beaches and natural parks

Infrastructure and Quality of Life

Vlora is undergoing rapid modernization. The Lungomare promenade has been transformed with bike lanes, walking paths, and landscaped areas. The new Vlora International Airport is under construction and expected to boost regional connectivity significantly. The Port of Vlora is also being redeveloped, and improved road access links the city with Tirana, Saranda, and the rest of the Riviera.

The city offers a laid-back Mediterranean lifestyle with access to pristine beaches, traditional cuisine, historical monuments, and lively summer festivals. Healthcare facilities, international schools, and shopping centers are improving year by year, supporting the needs of both locals and foreign residents.

Residence Permit and Property Ownership

Albania offers residence permits to foreign property owners. The process is straightforward: buyers who purchase an apartment or house (with valid documentation and a clean title) can apply for a one-year renewable permit. In practice, many owners apply for a long-term visa or temporary residence by demonstrating ties through ownership, income, or family relationships.

VelesClub Int. assists clients in aligning property purchases with residence applications, including legal translations, application preparation, and annual renewals. For those interested in establishing a company for land ownership, we also offer full setup and tax structuring support.

Step-by-Step Guide to Buying Property in Vlora

1. Define your goals: Rental, lifestyle, resale, or mixed-use investment

2. Choose the location: Seafront, hillside, or urban area based on your strategy

3. Shortlist properties: VelesClub Int. provides access to verified listings and developer projects

4. Conduct legal checks: Our lawyers verify title, zoning, construction permits, and utility access

5. Negotiate and agree: Finalize pricing, conditions, and contract terms

6. Sign at notary: Execute the purchase agreement in person or via power of attorney

7. Register the property: Title is transferred and officially recorded at the local registry

8. Apply for residence (optional): Submit documents for a renewable permit based on ownership

9. Rent, renovate, or manage: VelesClub Int. assists with post-sale strategy and property services

Why Work with VelesClub Int. in Vlora

VelesClub Int. offers a complete solution for buying property in Vlora. We connect buyers with pre-vetted projects, ensure secure legal transactions, and support residence, company formation, and rental management. Whether you're seeking a summer retreat, a high-yield asset, or a long-term base on the Albanian coast, we simplify every step of the journey with trusted local partners and multilingual support.

Conclusion

Vlora is one of the most promising coastal markets in the Balkans. With rising tourism, improving infrastructure, and investor-friendly policies, it presents a rare opportunity for high returns with low entry costs. Whether you’re looking to rent seasonally, relocate, or diversify your portfolio, Vlora’s seafront real estate holds long-term potential. VelesClub Int. ensures your investment is protected, profitable, and aligned with your broader goals.