Sea view


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€239,000€3,366/sq m
€3,366/sq mApartments, Marina Orikum, Vlora
Orikum, Albania
71 sq mUnder constructionFloor 3
Median asking price in Orikum, Albania: €2,660 per m², €237,900 per property, from €83,600. 62% are new build or under construction. 47% advertise a sea view.
| Bedrooms | Listings | Median price |
|---|---|---|
| 2 bedrooms | 235 | €210,500 |
| 3 bedrooms | 194 | €281,300 |
| 4 bedrooms | 46 | €350,000 |
Orikum has 500 apartments for sale, with a median asking price of €237,900 and €2,660 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 €210,500 and a three-bedroom apartment €281,300. At the median price per square metre, €100,000 buys about 40 m² in Orikum. 17 apartments are listed under €100,000 and 107 under €200,000.
Apartments are the largest part of Orikum real estate; houses, land and commercial property in Orikum have their own pages below.
The market is small and mostly new-build: 62% 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; 47% of the flats here advertise a view.
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.
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.