The growing buzz around Albania’s coastal real estate has international buyers eyeing up this formerly-forgotten Balkan enclave, with foreign investors buying up property along the coast at dizzying rates.
No area in the country is seeing more of an explosion in prices – aside from perhaps Tirana – than Vlore, whose real estate is seeing steady demand and rising valuations.
Albanians living abroad, in the country and foreigners who are now discovering the raw and untamed beauty of this country are rushing to tap into the country’s burgeoning real estate market. Vlora real estate offers an exciting opportunity for discerning buyers to cash in on Europe’s newest investment opportunity before prices rise to the likes of nearby Croatia, Italy and Greece.
The most exclusive real estate project in Vlora is Folie Village, a gated community that’s being built right now along the iconic bay of Jalë, the former site of the country’s elite vacation homes. Today, it represents the pinnacle of elegant seaside real estate in Vlore, Albania.
Where to Buy Vlora Albania Real Estate
Vlore – both the city and the county it sits in – are no longer hidden gems but rather proven investment destinations. In the city of Vlore itself, luxury high-rises are sprouting all over the place, with property prices in the Lungomare (boardwalk) area surging up to €3,500/m², a 25% increase compared to last year.
While Lungomare and the city itself are popular destinations, keen international investors see the glut of supply in the city and its effects of cooling yield rentals. Many are looking beyond the city for new opportunities that offer better value and more exciting growth opportunities.
New resort apartments in Radhimë and Orikum have seen staggering price hikes: between 67% and 88% year‑on‑year. The only disadvantage in these areas is that they are more or less attracting lower-end clients who seek affordable stays over luxurious experiences.
This is where Folie Village comes in as the best place to buy Vlora, Albania real estate. There’s a wave of demand moving southward along the coast towards Jalë, Vlora’s most upscale real estate destination, with private villas, crystal-clear beaches and elite clientele forming a high-end community along the Ionian that’s already selling units fast.
The Best Vlore Property for Sale – Folie Village
Early 2024 data shows a ~20 % rise in demand for residential and commercial real estate in Vlorë during just the first half of the year, with foreign buyers fueling the trend.
Folie Village stands as the crown jewel of the Albanian Riviera, offering deluxe villas that sport breathtaking sea views. The units for sale at this development are limited and exclusive, offering a rare opportunity to purchase property in a highly sought-after location that has seen steady rental price increases year over year.
The luxury real estate market in Albania is growing but has limited stock. An investment in Folie Village ensures that you’re securing a prime position in one of the country’s most elite and future-proof developments – one that combines capital appreciation potential with lifestyle appeal. As more buyers turn their eyes toward the Ionian coast, demand for premium villas in curated communities like Folie Village will only increase, making early entry a smart and strategic move for investors and lifestyle buyers alike.
If you’re ready to own in Albania’s most prestigious Riviera development, contact our team today to learn more about the exclusive villas and apartments available at Folie Village in Jalë.
