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€1,300,000€5,462/sq m
€5,462/sq mFor sale, Small Twin Villa, Green Coast 1, Palase.
Green Coast 1, Himarë, Albania
238 sq mUnder construction3 rooms
Median asking price in Himarë, Albania: €4,200 per m², €1,200,000 per property, from €400,000. 37% are new build or under construction. 100% advertise a sea view.
| Bedrooms | Listings | Median price |
|---|---|---|
| 3 bedrooms | 13 | €1,200,000 |
| 4 bedrooms | 25 | €1,100,000 |
| 5+ bedrooms | 19 | €1,350,000 |
Houses and villas advertised with a sea view in Himarë ask a median of €1,200,000, or €4,200 per square metre of living space, with half of them between €890,000 and €1,500,000 and the cheapest around €400,000. A view roughly doubles the price per metre of a house in Albania, because most of the coast is flat and the first row is apartment blocks, so a hillside plot with an open line to the water is the scarcest thing a house can have. Compare with the ordinary houses for sale in Himarë to see what the view itself is worth.
37% of these houses are still under construction, usually villas in a developer's complex sold from plans; the rest are existing houses, from stone village houses on the Riviera to modern villas on the hills above Vlorë and Durrës.
Houses around Himarë are stone houses in the old village above the town and in Vuno and Qeparo, and new villas on the terraces above Livadhi and Potam. The view is never in doubt on this coast; what varies is the condition of the house, the state of its paperwork, and how far it is down to the beach.
Three things matter more for a house than for a flat. The land: a foreigner buys a house and its plot directly when the plot is construction land, while agricultural land and bare plots within about 200 metres of the shore are held through a company or a lease, so the cadastral classification decides what you can sign. Legalisation: a house built after 1991 without a permit, or extended without one, cannot be transferred the way a registered one can. The view itself: ask what can be built on the plots between the house and the sea. Our due diligence guide lists the documents, and our guide to house prices in Albania gives the medians town by town.