The demand for residential and commercial real estate in the Albanian resort of Vlora increased by about 20% in the first 6 months of 2024, according to realtors interviewed by a local newspaper. The trend is supported by the fact that foreigners are interested in apartments and houses on the coast.
According to the agents, foreign buyers mainly come from Poland, Ukraine and Germany. There are many requests for housing directly in Vlora, for example, on the local Lungomare embankment. There are also those who are looking for options south of Radhime. Albania attracts investors from abroad due to the constant increase in real estate prices. Today, apartments in Vlora cost from 1,600 euros per sq.m. In elite areas, the price reaches 4,000 euros per sq.m. In 2023, foreigners invested more than 1 billion euros in the Albanian economy, with 55% of investments directed to real estate.Read also: "Albania: real estate prices, conditions for relocation and investment"
Source: "Albania News"
