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Apartments for sale in Korçë, Albania

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Apartment prices in Korçë, Albania

Median asking price in Korçë, Albania: €724 per m², €85,000 per property, from €30,000. 41% are new build or under construction.

Apartments for sale in Korçë by number of bedrooms
BedroomsListingsMedian price
2 bedrooms15€72,000
3 bedrooms20€85,000
4 bedrooms15€90,000
  • Under €100,00030
  • €100,000 to €200,0005

Buying an apartment in Korçë, Albania

How much does an apartment in Korçë cost?

Korçë has 54 apartments for sale, with a median asking price of €85,000 and €724 per square metre, which makes it one of the cheapest cities in Albania to buy in. Korçë is the cultural capital of the south-east, a highland city near the Greek border with a restored old bazaar, a cool climate and a strong local identity.

A two-bedroom apartment in Korçë (2+1 in Albanian listings) has a median asking price of €72,000 and a three-bedroom apartment €85,000. At the median price per square metre, €100,000 buys about 140 m² in Korçë. 30 apartments are listed under €100,000 and 35 under €200,000.

Apartments are the largest part of Korçë real estate; houses, land and commercial property in Korçë have their own pages below.

Where to buy an apartment in Korçë

This is a market for living, not for holiday lets: buyers are local families, returning emigrants and a small number of foreigners who want a real city at a low price. Apartments are mostly in the centre and in newer blocks on the ring road, and 41% of listings are under construction. Rental demand is steady but modest, driven by the university and by public-sector jobs.

Rental yield on an apartment in Korçë

Set against the median asking rent for apartments for rent in Korçë, the gross yield from asking prices is about 4.4% before tax and costs. Rental income in Albania is taxed at a flat 15 percent, and the figure is a snapshot of asking prices, not of signed contracts.

Can foreigners buy an apartment in Korçë?

Foreigners buy outright. Korçë is about three hours from Tirana by road and 45 minutes from the Greek border, with the ski area of Dardhë and the Prespa lakes nearby. Prices here rise slowly and are not tied to the coast, which is exactly what some buyers want.

Apartments for sale in Korçë: frequently asked questions

How much is an apartment in Korçë?
The median asking price of the 54 apartments listed is €85,000, or €724 per square metre, far below Tirana and the coast. Flats start around €30,000.
Is Korçë suitable for rental investment?
Only for long-term local tenants at modest rents; there is no tourist season comparable with the coast. It suits buyers who want a low-cost home rather than yield.
What is the climate like?
Continental: warm dry summers and cold snowy winters, unlike the coast. Heating costs matter more here than air conditioning.
How do I get to Korçë?
By road from Tirana in about three hours, or from Thessaloniki in Greece in roughly the same time via the Kapshticë border crossing.
How much is a 2-bedroom apartment in Korçë?
The median asking price of the 15 two-bedroom apartments (2+1) for sale in Korçë is €72,000.
What is the price per square metre in Korçë?
The median asking price across all listed apartments is €724 per square metre; the median apartment costs €85,000 and prices start around €30,000.