Property for Sale in Orikum, Bay of Vlorë

The appeal for a buyer is a genuine sea-facing home in a quiet place that is still twenty minutes from a city and twenty minutes from the first Riviera beach. We sell two releases here: One Oricum Bay, a combined residential and hotel development on the seafront steps from the marina, and Marina Orikum, a new resort built around the marina itself.

What we sell in Orikum

One Oricum Bay steps from one to eight floors over a shared underground car park. Homes are 1+1 and 2+1, priced at €2,300 per square metre and starting from €195,000, with the hotel wing giving owners a letting operator on site. Albania Housing projects a 30% return to the first rental season and a 24% uplift to completion.

Marina Orikum is the larger and newer project: terraced towers of three to fifteen floors by the architect Chris Precht, stepping down to a yacht marina that has operated for more than twenty years and is being expanded to around 800 berths, with a five-star hotel and a yacht club in the masterplan. Apartments are €3,200 to €3,600 per square metre by floor and view, a 1+1 of 78 m² from about €249,760, paid in stages over roughly 50 months of construction. Albania Housing projects a 28% return to the first rental season and a 24% uplift to completion.

Why Orikum rather than Vlorë

Vlorë gives you the town; Orikum gives you the water. The bay here is calmer and cleaner, the marina is at the door, and the Llogara pass is the start of the drive south. The trade is a shorter season and fewer services in winter. Many buyers split the difference: an Orikum home for the summer, let through the hotel operator in the weeks they are not there.