Albania’s Property Market in 2025: Trends in Tirana, Vlorë, and Sarandë

If not every day, I often come across people who want to either purchase or invest in Albania. However, one can’t do so without doing a thorough market research first, especially as the country keeps developing and changing its standards, including prices.

Albania’s real estate market continues grow in 2025, especially in coastal and capital cities like Tirana, Vlorë, and Sarandë. The rise in digital nomads, tourism, and lifestyle buyers from abroad is contributing to significant shifts in prices, demand, and property types.

Today, in collaboration with our data specialist, Eliseo, we’ll share a detailed breakdown of where the market stands in 2025.

Tirana Has a Steady Growth in Demand, Especially for Apartments

1. City Centre Still Commands a Premium

Across all property types, homes in the city centre are priced significantly higher than those in the outskirts. For example:

• 1-bedroom apartments in the centre have a median asking price around €130,000, while those outside hover closer to €110,000.
• 2-bedroom homes in the centre average between €150,000–€200,000, whereas similar units outside stay just under €170,000.

The demand for central locations is always high due to the advantages central areas offer, such as proximity to offices, schools and lifestyle infrastructure.

2. Price Ranges Are Broad, Especially for Larger Homes

The 3-bedroom categories, both inside and outside the centre, show wider interquartile ranges (IQR), indicating more variability in the market:

• Asking prices stretch from €200,000 to beyond €300,000, especially in the city centre. This suggests greater diversity in quality, size, and amenities for larger homes.

3. Outliers Reflect High-End Properties

The outliers in the boxplot (seen as diamonds beyond the whiskers) highlight luxury listings that go well beyond the typical upper limit, especially in the 1-bedroom category, where a few central properties are priced closer to €300,000. These are likely premium new builds or fully furnished units targeting foreign buyers or investors.

4. The “Sweet Spot” for Buyers

• Properties priced around the median range for 2-bedroom units outside the centre (€150,000–€170,000) appear to offer the best value for money, specially for families or remote workers looking for more space without breaking the bank.
• The narrow price spread for 1-bedroom outside the centre may also appeal to first-time buyers or digital nomads.

What This Means for Buyers & Investors

The luxury market is clearly active but niche. Caution is advised, especially for resale potential. However, interest persists for locals, and investment interest (especially for buy-to-let and urban lifestyle buyers) remains high.

Investors should keep an eye on 2-bedroom units within the city centre, they remain popular with professionals and are still somewhat accessible compared to the soaring 3-bedroom units.

Homebuyers seeking space on a tighter budget might find better options just outside the city ring, where 2–3 bedroom properties offer significantly more value.

Vlorë is More Affordable Than Tirana

1. More Price Stability Compared to Tirana

• Vlora’s price ranges are narrower, especially for 1 and 2-bedroom units.
• This signals a more stable and predictable market.

2. City Centre Prices Are Still Competitive

• 1-bedroom city centre apartments hover around €120,000–€180,000, significantly lower than the same category in Tirana or Saranda.
• The 2-bedroom city centre segment shows more variation (roughly €130,000–€230,000). There’s still growing interest, but still offering accessibly priced options.

3. Spacious Homes Outside the Centre Still Offer Value

• 3-bedroom properties outside the city centre are priced fairly, with most ranging between €200,000 and €250,000.
• Interestingly, these prices overlap with smaller apartments in central areas (a reminder that stepping outside the city core can unlock much more space for your money).

4. No Extreme Outliers

• Unlike Tirana, the boxplot for Vlorë doesn’t show strong outliers. That means the market isn’t seeing huge deviations, good news for buyers seeking transparency and predictability.

Is Vlora a Good Investment From a Buyers’ Insight?

Based on the data we analysed above, if you value calm, coast, and cost-efficiency, buying a house a Vlora is a worth-it kind of investment.

2-bedroom city centre homes seem to be the market’s sweet spot, central enough for convenience, but without the steep premium. Apartments below €200,000 remain the most in-demand segment.

Local buyers may find it easier to enter the market here compared to the capital or Saranda.

Foreigners looking for a second home or peaceful retirement spot will appreciate Vlora’s more moderate pricing and less saturated feel.

Saranda Has a Rapid Rise, Especially in Mid-High Segment

1. City Centre Properties Come at a Premium

• Across all categories, city centre homes are priced higher than those outside.
• The median asking price for 2-bedroom units in the city centre is already approaching or exceeding €200,000.
• Even 1-bedroom units in central Sarandë push past €150,000, with some listings brushing up against €200,000, a level that used to be rare here just a couple of years ago.

2. 3-Bedroom Homes Are Tight and Competitive

• Interestingly, 3-bedroom homes in the city centre have a very narrow price range, with listings in the range of €200,000–€225,000.
• This uniformity may also reflect developers pricing to target a specific buyer profile (e.g., foreign retirees or seasonal investors).

3. Outside the City Centre Still Has Wiggle Room

• 2-bedroom properties outside the centre show wider variability, but still trend upwards (with some even reaching €250,000+), rivaling central listings.
• 1-bedroom units remain the most affordable option, often falling between €120,000–€150,000 outside the city centre.

4. Several High Outliers

• The presence of outliers above €250,000–€275,000 for mid-sized units shows that luxury listings are entering the market, a trend previously seen mainly in Tirana.

What This Means for Buyers and Investors

Well, Saranda is no longer a secret.

Lifestyle buyers and retirees may find the best value in larger homes just outside the city centre, still walkable, but much more affordable.

For buyers, prices are getting less flexible, especially in the centre. If you’re hoping to get in, the sooner the better.

For investors, the strong upward trend in prices and tight stock in the 2–3 bedroom range offer potential for rental income and capital appreciation.

What Do the Numbers Say?

Réflexions finales

• Tirana remains a prime target for long-term capital appreciation and rentals.
• Vlora is a considerable destination if you’re looking for coastal properties at more affordable rates than Saranda.
• Saranda is the market to watch: high demand, limited new stock, and a booming tourism sector could keep driving prices up, but potential overheating may follow if unchecked.