Property for Sale in Himarë — Seaside Homes on the Riviera - Page 3
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Land for sale, Qeparo village.
For Sale, Land, Borsh
Himarë sits where the Acroceraunian mountains drop to startlingly clear water, with pebble bays like Livadhi, Llamani and Potami and an old hilltop castle above the town. Buyers here range from Albanian families and returning diaspora wanting a summer base to overseas investors drawn by rising values and a long tourist season. Holiday-let demand through summer is strong, making a purchase attractive for income as well as lifestyle.
Frequent questions
What do properties cost to buy in Himarë?
Apartments set back from the shore are the most affordable, while villas and units with a direct bay outlook command the highest prices. Check the current listings for up-to-date figures.
Is Himarë a good buy-to-let investment?
Yes. The clear-water beaches and the Riviera's growing popularity drive strong summer rental demand, so many buyers offset costs by letting the property when they aren't using it themselves.
How far is Himarë from the airport?
The main gateway is Tirana International Airport, roughly three to three and a half hours' drive along the coastal road. The new Vlorë airport, once fully open, will cut that journey considerably.
Can a foreigner buy property in Albania?
Yes. Foreign individuals can freely buy apartments and buildings in Albania in their own name, with no citizenship or residency requirement. Agricultural land is the main exception: foreigners cannot own it directly, but may access it through a local company or a long-term lease.
How does the buying process work and what does it cost?
Purchases are finalised before a public notary, who verifies title, then registered at the State Cadastre Agency (ASHK). Budget for notary fees, a property transfer tax of roughly two to three percent of the reference value, and modest ASHK registration fees. Registration usually takes a few weeks.
Does buying property help with a residence permit?
Owning property can support an Albanian residence permit application, typically issued for one year and renewable. Property ownership alone does not grant automatic citizenship. Recent amendments to the law on foreigners may set minimum investment thresholds, so confirm current requirements with Albanian immigration authorities before relying on them.
Why invest in the Albanian coast?
The Albanian coast benefits from fast-growing tourism, with record visitor numbers and surging short-let demand. Coastal short-term rentals commonly target high single-digit to low double-digit gross yields, while prices remain well below neighbouring Mediterranean markets. New infrastructure, including Vlora airport, supports continued interest.
How are rental income and capital gains taxed?
Rental income earned by individuals is generally taxed at a flat fifteen percent, with certain maintenance and management expenses deductible. Profit on resale is subject to capital gains tax, also fifteen percent on the difference between purchase and sale price. Keep documentation to support any deductible costs.