Apartments for sale under €100,000 in Vlorë, Albania

Among the apartments for sale under €100,000 in Vlorë, the median asking price is €87,000 and the median price per square metre €1,285; at that rate the full budget buys about 80 m². The cheapest listings start around €48,000, and at that level you are usually looking at a studio sold from plans or an older flat in need of work.

42% of the apartments under €100,000 are still under construction. That is not a warning sign in Albania, where most new supply is sold from plans, but it changes how you pay: a registered pre-sale contract, instalments tied to construction stages and the final deed only after the use certificate. Our guide to buying off-plan in Albania explains the sequence; the ordinary apartments for sale in Vlorë show the whole market for comparison.

In Vlorë €100,000 is below the market near the water, where the cheapest quarter of listings starts above €150,000. The flats in this band are small units in the hill districts behind the city, in the older blocks of the centre away from the Lungomare, and a few studios in new complexes sold from plans; the view, if there is one, is from a distance.

Closing costs in Albania are about 4 to 7% of the price: notary, registration at the State Cadastre, your own lawyer and the buyer-side municipal charge on the transfer, so a €90,000 flat needs about €4,000 to €6,000 more, plus furnishing. The annual property tax is about 0.05% of value, in the order of €50 a year for a flat in this band. Our guide to the cost of buying property in Albania itemises it, and our guide to what property costs in Albania shows what €50,000, €100,000 and €200,000 buy town by town.