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Why Saranda is a Top Destination for Property Investment

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By Vangjel Dhimo on January 23rd, 2023

Saranda, Albania once a small fishing village, has transformed into a beautiful, modernized city with appealing residential areas recognized on a global scale. It is no surprise that more foreigners have decided to invest in real estate in the south of Albania, notably in Saranda, in recent years. Saranda has the most significant climate in Europe, the most diverse terrain, and a handy geographical location that offers it a distinct advantage.

 Saranda has a vibrant atmosphere. It has outstanding infrastructure, international schools, good medical care, beautiful beaches, and fantastic sports facilities. These elements add to the distinct lifestyle that makes Saranda a popular destination for vacations or year-round living. And when you invest in the Saranda real estate market, you get to enjoy the benefits of the local lifestyle.

WHAT ARE THE BENEFITS OF OWNING A PROPERTY IN SARANDA?

The excellent climate, the unique historical and cultural component of Albanian housing heritage, and overall ease of integration of foreigners are some of the most significant selling points for investing in property in Saranda.

Another appealing feature is that Albania is particularly family-friendly and values community and family relationships. Many ex-pats come here with their families on a retirement visa. There are several family activities available, such as parks, museums, and beaches. Apart from families, Albania is also appealing to retirees, owing to the non-lucrative visa, low housing prices, and free (or low-cost) healthcare.

One of the things that visitors to Albania Saranda often comment on is how friendly and respectful the people are. Albanians are known for their hospitality, and this is evident in the way they welcome visitors to their country. They are always ready to help, and they will go out of their way to ensure that you have a good experience.

They have a strong culture of family values and traditions, meaning they treat their elders and guests with great respect. If you visit a local home or a traditional restaurant, you will experience this firsthand. The hosts will welcome you with open arms and treat you like a family member.

Sunset panorama over Saranda, capturing the bay, harbor, cityscape, promenade, architectural highlights, and the shimmering Ionian Sea

SUNBATHING ON THE BEACHES OF SARANDA

One of the main attractions of Saranda is its beautiful beaches, including Ksamil Beach, Mirror Beach, and Saranda Beach. These beaches are known for their fine sand and crystal-clear waters, making them perfect for swimming, sunbathing, and water sports. The waters are particularly calm and shallow, making them ideal for families with young children.

For those who love to explore, Ksamil is also home to the ancient city of Butrint, a UNESCO World Heritage Site. This fascinating historical site is a must-visit for anyone who loves archaeology and history. The city dates back to the 7th century BC and features a well-preserved Roman theater, a bathhouse, and a beautiful lake.

Another great way to explore the natural beauty of Ksamil is by taking a boat tour to the small islands located just off the coast. The islands are known for their stunning scenery, with towering cliffs, crystal-clear waters, and lush vegetation. You can also enjoy snorkeling or diving to admire the underwater world and its diverse marine life.

Drone perspective of the four Ksamil islands, revealing their lush greenery set against azure blue waters

SAFETY IN SARANDA ALBANIA

Albania has come a long way from the 1990s’ political and economic crisis. In recent years, the country has achieved great progress, and the government has pursued a variety of reforms to strengthen the economy, upgrade infrastructure, and encourage foreign investment. As a result, Albania has become a popular tourism and investment destination.

The low crime rate is one of the main reasons why Albania is a safe choice for property investment. According to the World Peace Index, Albania is the world’s 39th most tranquil country. This is a tremendous increase from only a few years earlier when the country was rated in the 80s. The government has invested in a range of initiatives to reduce crime and ensure the safety of its citizens and visitors. As a result, Albania has one of the lowest crime rates in the Balkans. (Read more about Albania’s safety.)

Another reason Albania is a good place to invest in real estate is the government’s stability. The country has a democratic administration that upholds the rule of law. The Albanian administration has worked hard to enhance relations with the European Union, and the nation has made great progress toward EU membership. This has enhanced investor trust, and many are now selecting Albania as a safe refuge for their money.

Drone view of the most famous area of the promenade in Saranda showing the small harbour with boats and people
Drone view of the most famous area of the promenade in Saranda

LOCATION

Saranda is located on the Ionian Sea’s equator. Saranda has approximately 300 sunny days per year, moderate winters, and pleasant summers, making it one of the sunniest spots on the earth.

Saranda has a diverse range of environments, including mountain, woodland, valley, rural, and seashore areas. It implies that people looking for a house have a lot of options in terms of location and that they may experiment with their living choices.

Bird's eye view of Saranda's picturesque waterfront promenade,  with a variety of restaurants, cafes, shops, and palm trees
Aerial view of Saranda’s beautiful promenade

INVESTMENT

Many individuals from all over the world have always invested in and witnessed the benefits of owning property in Saranda. Saranda has a solid property market with a good growth rate; it has survived economic downturns and thrived each time. Despite the fact that the world is facing more difficult times, Saranda continues to offer world-class properties that attract clients from all over the world.

The majority of Saranda’s properties are of the greatest quality. European individuals invest in vacation houses that are rented out while they are away from home, which works extremely well.

Saranda has plenty of demand from travelers searching for a sunny, stylish getaway even during an economic crisis. Saranda is now sharpening its image as a consequence of significant investment undertaken by international investors, which has resulted in several development initiatives, and many built by our company. That is a good plus if you want to invest in a rental property.

View from a Waterfront Penthouse showing the landscape of saranda city, bay and the ionian sea
View from our Exclusive Waterfront Penthouse in Saranda, Albania

QUALITY AND TYPES OF PROPERTIES IN SARANDA ALBANIA

Appearance is everything when it comes to real estate, and Saranda possesses all the necessary qualities. It is not only a fantastic location to visit but also an excellent place to live. Saranda boasts some of the best properties in Albania, making it an ideal destination for property buyers.

If you’re looking for real estate in Albania, look no further than our agency. We have a wide range of properties for sale, including apartments, houses, villas, and commercial properties. We have a team of experts who are dedicated to helping our clients find the perfect property to suit their needs and budget.

The key to finding the ideal property that meets your tastes, whether you are seeking to buy a house or a plot of land to build your dream home, is location. If you plan to move to Saranda, you must first discover the perfect place to reside, as well as someone who can properly lead you through the process of purchasing property in Saranda. The Elite’s would happily provide you with a wide range of homes and plots in prime areas and find your dream home in Albania.