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
Median asking price in Dhërmi, Albania: €3,486 per m², €396,900 per property, from €302,800. 71% are new build or under construction. 64% advertise a sea view.
| Bedrooms | Listings | Median price |
|---|---|---|
| 2 bedrooms | 24 | €365,500 |
| 3 bedrooms | 32 | €402,000 |
Apartments asking €300,000 or more in Dhërmi have a median asking price of €396,900 and €3,486 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 in Dhërmi 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.
Dhërmi is the most expensive address on the Albanian coast for apartments: a few new complexes between the old village and the beach at Drimadhë, sold on the view towards Corfu, with almost nothing on the market below €200,000 and the better units well above €300,000. A purchase here is a lifestyle decision rather than a yield calculation.
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.