Vlorë and neighbouring Orikum sit where the Bay of Vlorë meets the start of the Riviera, and they are the country's strongest source of new-build coastal supply. For a buyer who wants a brand-new sea-facing apartment rather than a renovation project, this is the area to start.
Prices for new developments run from around €2,300 per square metre for a sea-view home, typically a step below Ksamil and the top of the Riviera, with solid short-let demand through the summer and an easier, more modern buying process than an older resale.
Prices: New-build from around €2,300/m². Rental: Solid short-let, a step below the top Riviera. Best for: Buyers who want new-build near the sea.
The draw here is modern supply: sea-facing apartments in new residential and hotel developments, sold by the square metre with balconies and parking built in. Buying new-build off a developer is cleaner than an older resale, provided the developer's permits and the legal existence of your specific unit are confirmed, which is exactly what due diligence checks on an off-plan purchase.
Vlorë and Orikum carry solid summer short-let demand, typically a step below Ksamil and Sarandë on both price and peak yield, with the Bay's marina and seafront driving bookings. It suits a buyer who wants a new, low-maintenance sea-view apartment that earns in the summer, without the renovation work of a heritage house or the top-of-market prices of Ksamil.
Vlora Marina Residences, Vlorë
One Oricum Bay Residences, Orikum
New developments start from around €2,300 per square metre for a sea-view apartment in 2026, typically a step below Ksamil and the top of the Riviera.
Yes, for summer short-lets. Demand is solid but seasonal, generally a step below Ksamil and Sarandë on peak yield, driven by the Bay of Vlorë's marina and seafront.
Confirm the developer's permits and that your specific unit legally exists, alongside the standard title and cadastre check. A proper due-diligence pass covers exactly this before you pay.