Property For Sale in Uji i Ftohte, Vlore Coast - Page 4
Apartment 1+1– Lungomare 2, Cold Water
2+1 APARTMENT FOR SALE IN VLORA!
1+1 APARTMENT WITH FRONTAL SEA VIEW IN THE "SOUTH WAVE" RESIDENCE, VLORA
APARTMENT 2+1 & PARKING SPACE IN THE RESIDENCE „SOUTH WAVE“, VLORE
PRICE REDUCTION!! 1+1 APARTMENT FOR SALE WITH FRONTAL SEA VIEW IN COLD WATER, VLORA
STUDIO FOR SALE IN COLD WATER, VLORE
Uji i Ftohte takes its name from the cold freshwater springs that pour straight into the sea, exactly where the Adriatic meets the Ionian south of Vlore. Shingle beaches with strikingly clear water, the long Lungomare promenade and pine-clad hills give it a setting that stays lively all summer. Buyers choose it for the easy reach of the city and the strong seasonal holiday-let demand, which supports attractive yields and steady capital growth.
Frequent questions
Is Uji i Ftohte a good buy-to-let investment?
Yes. Its position along the Lungomare and close to central Vlore makes it highly sought by holidaymakers through the summer season, supporting strong occupancy and attractive returns for owners who let their property.
How far is Uji i Ftohte from the airport?
The nearest international gateway is Vlore's own airport, while Tirana is reachable by car in roughly two to three hours via the motorway. This solid road access helps both year-round living and the flow of seasonal renters.
What kind of properties are for sale in Uji i Ftohte?
Mostly modern apartments in seafront residences, studios well suited to letting, plus some villas and penthouses with Ionian views.
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.