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€130,000€1,098/sq m
€1,098/sq mApartment, Pogradec
Pogradec, Korce, Albania
118.4 sq mReady3 roomsFloor 6
Median asking price in Pogradec, Albania: €1,141 per m², €100,000 per property, from €55,000. 29% are new build or under construction.
| Bedrooms | Listings | Median price |
|---|---|---|
| 2 bedrooms | 13 | €89,900 |
| 3 bedrooms | 24 | €100,000 |
Pogradec has 41 apartments for sale, with a median asking price of €100,000 and €1,141 per square metre. Pogradec sits on the Albanian shore of Lake Ohrid, one of Europe's oldest lakes, with a promenade, a beach on the lake and the North Macedonian border and Ohrid town a short drive away.
A two-bedroom apartment in Pogradec (2+1 in Albanian listings) has a median asking price of €89,900 and a three-bedroom apartment €100,000. At the median price per square metre, €100,000 buys about 90 m² in Pogradec. 15 apartments are listed under €100,000 and 35 under €200,000.
Apartments are the largest part of Pogradec real estate; houses, land and commercial property in Pogradec have their own pages below.
The market is small and mixed: older flats in the centre, newer blocks along the lakefront towards Tushemisht and Drilon, and 29% of listings under construction. Lake-view apartments are the local premium. Pogradec is a summer destination for Albanians and Macedonians and a quiet town otherwise, so rental income is seasonal and lake-driven rather than sea-driven.
Set against the median asking rent for apartments for rent in Pogradec, the gross yield from asking prices is about 3.0% 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. Pogradec appeals to buyers who prefer a lake and mountains to the coast, at prices well below the Adriatic and Ionian resorts. The listings here include the lakeside villages east of the town.