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€134,640€2,207/sq m
€2,207/sq m1+1 Apartment - Radhima Fortress, Vlore
Radhimë, Albania
61 sq mUnder construction1 roomsGround floor
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Apartments for sale in Orikum, Albania
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Apartment prices in Orikum, Albania
Median asking price in Orikum, Albania: €2,648 per m², €235,500 per property, from €81,000. 61% are new build or under construction. 45% advertise a sea view.
| Bedrooms | Listings | Median price |
|---|---|---|
| 1 bedroom | 15 | €161,400 |
| 2 bedrooms | 220 | €213,800 |
| 3 bedrooms | 189 | €270,200 |
| 4 bedrooms | 46 | €349,000 |
- €100,000 to €200,00082
- €200,000 to €300,000124
- Over €300,00083
Buying an apartment in Orikum, Albania
How much does an apartment in Orikum cost?
Orikum has 493 apartments for sale, with a median asking price of €235,500 and €2,648 per square metre. Orikum sits at the southern end of the Bay of Vlorë, where the Adriatic meets the Ionian, with a marina, a long beach and the Llogara Pass rising behind it towards the Riviera.
A two-bedroom apartment in Orikum (2+1 in Albanian listings) has a median asking price of €213,800 and a three-bedroom apartment €270,200. One-bedroom flats have a median of €161,400. At the median price per square metre, €100,000 buys about 40 m² in Orikum. 19 apartments are listed under €100,000 and 101 under €200,000.
Apartments are the largest part of Orikum real estate; houses, land and commercial property in Orikum have their own pages below.
Where to buy an apartment in Orikum
The market is small and mostly new-build: 61% of listed apartments are under construction, in complexes between the beach and the road to Vlorë. Radhimë, just north on the same bay, is included in these listings and has the clearest water and the most sea-view complexes; 45% of the flats here advertise a view.
Rental yield on an apartment in Orikum
Set against the median asking rent for apartments for rent in Orikum, the gross yield from asking prices is about 2.3% 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 Orikum?
Foreigners buy outright on the same terms as Albanians. Orikum suits buyers who want Ionian water quality at a price below the Riviera villages and with Vlorë's services 20 minutes away. The usual off-plan checks apply, and the planned Vlorë airport is the development to watch for this bay.
Apartments for sale in Orikum: frequently asked questions
How much is an apartment in Orikum?
The median asking price of the 493 apartments listed is €235,500, or €2,648 per square metre, below Dhërmi and Himarë but above Durrës. Sea-view units in Radhimë are at the top of the local range.
Where is Orikum?
At the southern end of Vlorë Bay, about 20 minutes from Vlorë city and just before the Llogara Pass and tunnel that lead to the Riviera.
Is Orikum quiet?
Outside July and August, yes. It is a small town with a marina and a few year-round services; for a fuller town life, Vlorë is close by.
Is Orikum mostly off-plan?
Largely: 61% of listed apartments are under construction. Off-plan with staged payments is the usual purchase route here.
How much is a 2-bedroom apartment in Orikum?
The median asking price of the 220 two-bedroom apartments (2+1) for sale in Orikum is €213,800. One-bedroom flats have a median of €161,400 and three-bedroom flats €270,200.
What is the price per square metre in Orikum?
The median asking price across all listed apartments is €2,648 per square metre; the median apartment costs €235,500 and prices start around €81,000.