Sea view
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€309,606€3,329/sq m
€3,329/sq m1+1 Apartment with side sea view, Marina Orikum
Marina e Orikumit, Orikum, Albania
93 sq mUnder construction2 roomsFloor 5
New-build apartments for sale in Orikum, Albania
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New-build apartment prices in Orikum
Median asking price in Orikum, Albania: €2,814 per m², €261,000 per property, from €83,600. 100% are new build or under construction. 41% advertise a sea view.
| Bedrooms | Listings | Median price |
|---|---|---|
| 2 bedrooms | 155 | €225,300 |
| 3 bedrooms | 109 | €317,100 |
| 4 bedrooms | 32 | €449,700 |
- €100,000 to €200,00029
- €200,000 to €300,00070
- Over €300,00060
Buying a new-build apartment in Orikum
How much does a new-build apartment cost in Orikum?
Apartments still under construction in Orikum ask a median of €261,000, or €2,814 per square metre, with half of them between €205,200 and €347,900 and the cheapest units from €83,600. Compare with the whole market of apartments for sale in Orikum: in most Albanian towns a flat from plans costs about the same per square metre as a finished one, because developers price for the finished building and the discount for buying early sits in the payment schedule rather than in the price list.
Buying from plans is the normal purchase in Albania, not the exception: most new supply on the coast and in Tirana is sold before the building is finished. There is no escrow. Your protection is a notarised pre-sale contract that identifies the unit on the permit plans, registered at the State Cadastre under Article 50 of Law 111/2018, which marks the unit as taken and keeps it away from the developer's creditors; payments by bank transfer in stages you can see; and a large final tranche held until the use certificate and the final deed. Our guide to buying off-plan in Albania walks through every step.
Where the new-build apartments in Orikum are
Nearly everything for sale in Orikum and Radhimë is new: complexes on the coast road at the end of Vlorë bay, under the Karaburun peninsula, sold from plans and marketed on the marina and the view of the enclosed bay. Supply is thin and the prices are close to Vlorë's own waterfront.
What to check before paying a deposit
The building permit and the plans it was issued for; the land registered in the developer's name and free of mortgages older than your contract; the developer's finished buildings, visited, not photographed; a contract with the completion date, the delay penalty, an area tolerance and a no-changes clause, because a unit that no longer matches the permit plans cannot be registered. Do not negotiate the price list, which almost never moves; negotiate the schedule and the finish. Our due diligence guide lists the documents, and our guide to the cost of buying property in Albania covers the 4 to 7% closing costs, which apply to new build as to resale.
New-build apartments in Orikum: questions buyers ask
How much is a new-build apartment in Orikum?
Apartments under construction in Orikum ask a median of €261,000 and €2,814 per square metre, with half of them between €205,200 and €347,900. Prices start around €83,600.
Is it safe to buy an apartment under construction in Albania?
It can be, if the purchase follows the legal sequence: a notarised pre-sale contract identifying the unit on the permit plans, registration of that contract at the cadastre under Article 50 of Law 111/2018, staged payments by bank transfer and a final deed after the use certificate. Buyers who pay on a reservation form have none of that protection.
How much deposit does a developer ask in Albania?
The law sets no amount; developers typically ask 10 to 30% at signing and often open with front-loaded schedules. The deposit is negotiable, and it should be paid only against a notarised contract that will be registered at the cadastre.
Is there VAT on a new apartment in Albania?
No. The sale of a residential apartment to a private buyer is exempt from VAT; the buyer pays the normal closing costs of about 4 to 7%, and ownership passes when the final deed is registered after the building receives its use certificate.