Sea view
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€434,000€3,500/sq m
€3,500/sq mDuplex, Drymades, Dhërmi
Drymades, Vlore, Albania
124 sq mUnder construction4 roomsGround floor1 km to the sea
Luxury apartments from €300,000 for sale on the Albanian Riviera
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Luxury apartment prices on the Albanian Riviera
Median asking price on the Albanian Riviera: €3,487 per m², €396,500 per property, from €302,800. 71% are new build or under construction. 63% advertise a sea view.
| Bedrooms | Listings | Median price |
|---|---|---|
| 2 bedrooms | 24 | €365,500 |
| 3 bedrooms | 32 | €402,000 |
Buying a luxury apartment on the Albanian Riviera
What €300,000 and more buys on the Albanian Riviera
Apartments asking €300,000 or more on the Albanian Riviera have a median asking price of €396,500 and €3,487 per square metre, with half of them between €339,700 and €500,000. In Albania that budget buys the top of the market: a large flat or penthouse in a new tower in central Tirana, a first-line apartment with a wide sea view in Vlorë or Sarandë, or a new apartment on the Riviera above Dhërmi or Himarë. Compare the price per square metre with the whole market of apartments for sale on the Albanian Riviera to see what the premium buys: floor, view, finish and the building's name, more than size.
71% of these apartments are still under construction. At the top of the market the developer matters even more than elsewhere: the premium is paid for the finish and the common parts, which exist only on paper when you sign, so visit the developer's completed buildings and write the specification into the contract.
Where the luxury apartments on the Albanian Riviera are
On the Albanian Riviera, from Palasë and Dhërmi through Vuno and Himarë to Qeparo and Borsh, the apartments on sale are nearly all new, sold from plans and priced above €3,000 per square metre, so a large flat or a penthouse crosses €300,000 as a matter of course. The coast is steep and the view rarely in doubt; what to check is the distance down to the beach and the developer's record.
What to check on a high-end purchase in Albania
The checks are the same as for any apartment, with the stakes higher: the title and the absence of mortgages at the State Cadastre, the building permit and the plans the unit is drawn on, the developer's track record, and for a flat sold from plans a notarised pre-sale contract registered at the cadastre under Article 50 of Law 111/2018, with the completion date, the penalty and the specification written in. Closing costs of about 4 to 7% apply at any price, and the annual property tax stays at about 0.05% of value. Our guide to property risks and due diligence in Albania lists the documents; our guide to investing in property in Albania explains why the expensive flats have the lowest rental yields and should be bought for use or for the long term.
Luxury apartments on the Albanian Riviera: questions buyers ask
How much does a luxury apartment cost on the Albanian Riviera?
Apartments asking €300,000 or more on the Albanian Riviera have a median asking price of €396,500 and €3,487 per square metre, with half of them between €339,700 and €500,000.
Where are the most expensive apartments in Albania?
On the Riviera around Dhërmi and Himarë, where new apartments ask above €3,000 per square metre; in Vlorë near the water and in Orikum at €2,500 to €2,800; in central Tirana's new towers; and on the first line in Sarandë and Durrës. In October 2026 the median apartment on the Riviera asked €349,000.
Do expensive apartments in Albania make good rental investments?
Usually not on yield: rent does not rise in proportion to price, so the most expensive flats return the least per euro invested, typically below the 4 to 6% net that a mid-priced flat achieves over a full year. They are bought for personal use, for the view and for the long term.