Shocking Saranda Albania Real Estate Prices (Sarande Albania)

[@cookmaster3626]

. The homes are very well built and excellent quality. Even with the prices having gone up its still very affordable compared to US. The nice thing is that the condo fees are so small unlike in the US where they get you with a $400 per month minimum. I could see myself easily getting one of these condos on the lower end here and one in Torrevieja in Spain (very reasonably priced..) and just do the Schengen Shuffle and not be a Tax resident of any country in Europe. Thanks for the tour.

[@User12345fan]

In Albania you don’t need to as you can spend a whole year there at a time

[@WarrenJulieTravel]

That’s exactly correct. Tax residency is not always the best option. Our condo fees in the US were over $500 per month and included no amenities

[@JayandSarah]

I am not so sure that they are well built at all. And certainly while the "fees" are low, there is an apparent lack of maintenance at most properties. There are many condo's that appear to have not been painted since their original construction. Buildings that are not that old but not maintained properly near the sea, are a nightmare. The fees mostly cover the lighting. Ask someone about their property insurance... most will reply with "what do you mean insurance?" I would be very surprised if many buildings are insured for anything.

[@timallison8560]

thank you for the updated prices!!! they aren't easy to find. thank you also to the great agent. that last apartment is a winner.

[@WarrenJulieTravel]

Thanks for watching:)

[@suzybirdy]

Dorjan is an excellent Agent. Although we didn't buy through Century 21 in the end, we found Dorjan to be a very professional and honest man. We also rented an apartment from him whilst looking for a property. Highly recommended 👌

[@WarrenJulieTravel]

Couldn't agree more, we are currently in one of his locations.

[@sureshsangwan6991]

Nice

[@chrism69337]

Is that why he lies about the apartment sizes? Lol. Great Agent!

[@Csibili]

I see some people comparing prices in the USA with the one in Albania, there is no way you can compare, keep in mind, please. Check the flights, check the roads, check the medical assistance you may or may not get in some places and the quality, and the justice system also, it is not EU. Amazing people and a beautiful little country but that is not always enough. Visit first, travel around with a rental car before you decide. There is a reason why many Albanians are living in the EU or the USA. I am not negative, I just try to help you make sure you take the right decision.

[@WarrenJulieTravel]

It is always important to do your due diligence before buying any real estate anywhere in the world.

[@deborahpavia838]

Propaganda di pura invidia. Io mi sono trovata iin albania molto bene. Albania vero paradiso terrestre. Un saluto da milano 👋🇮🇹

[@adrianog4148]

bs..

[@8_x_9.]

​@@deborahpavia838 Thank you from Hungary 🇭🇺

[@TomBTerrific]

Looks like a beautiful area. Prices are what they are. Seems its been discovered at least by some people as prices have jumped up quickly. I heard the locals are friendly, English speaking and with a similar customs. Not sure about food but would guess its very good quality. Thanks

[@WarrenJulieTravel]

The people are very nice and the food is great, unfortunately it seems to have been discovered as you mentioned.

[@Tomas-bl6wv]

You best bet is to buy from owners. Those realtor companies all they do is to convince the owner that the property can be sold for higher prices than what they have in mind. Actually those realtors have a lot to do with the increasing cost of living world wide.

[@WarrenJulieTravel]

We were very surprised by the cost of these places. I think there is a value to having an estate agent in many cases, but if it is possible to find something direct from an owner, it will most likely be a better deal. Thanks for watching.

[@godfreypatrick9792]

Big word of caution: verify that the "owner" actually has the legal right to sell the property - this must be done by an attorney and do it before any deposit is handed over (which almost certainly will be cash and not reflected anywhere on paper). I speak from experience. I subsequently bought a new build - more expensive /sq m but at least has all the legal documents and permissions. I very nearly burnt my fingers and I am an experienced property developer and investor. Due diligence is an absolute must as there are the most unbelievable pitfalls that can nail you dead. Great country, great people and great food and I believe a good place to invest given that eventually it will enter the EU forcing salaries and prices to virtually equalise with the EU. I have seen overall property growth of over 100% in the past 3 years there, in my case in Vlora where prices are heavily affected by Russians and Ukrainians with lots of ready cash after fleeing the war, forcing prices up at a crazy rate.

[@ajdrums8075]

Very informative ❤

[@WarrenJulieTravel]

Thanks 😊

[@Вадим-б3п4б]

The prices is really shocking. 100000 for studio far from infrastructure? It's really crazy its same as in Italy and Spain.

[@WarrenJulieTravel]

There are less expensive homes in the surrounding region or other locations in Albania. It does appear that the prices in Saranda have reached levels currently seen in Croatia, Spain, Italy and Portugal. It is still possible to find a place for a little over $100,000 and still be near the water. I don’t know if that is even achievable any longer in the United States.

[@adrianog4148]

seaview for 100k? forget it in europe..

[@Вадим-б3п4б]

@@adrianog4148 Bulgaria is not Europe ?

[@adrianog4148]

@@Вадим-б3п4б blacksea is a dump for eastern european radioaktive waste. who wants to live there? not compareable with south albanian coastline.

[@xk2listed194]

​@@WarrenJulieTravel these prices in Saranda that you are complaining about will double again in 5 years from now.

[@judymckee5992]

Really great quality, the new construction.

[@WarrenJulieTravel]

👍

[@FrankSuper1964]

2 years ago one bedroom Ocean view used to go for $70,000

[@WarrenJulieTravel]

I remember.

[@АлишерОрынбек-б8д]

Which ocean is there? Ionian ocean? Ocean of puglia

[@hugh261]

Wow, what a high inflation rate.

[@realpeopleoftheinternet]

It still should be that price

[@wernerdanler2742]

One thing they usually mention in Italy when showing houses or condos is the annual property tax and trash pickup fee.

[@WarrenJulieTravel]

We will have to keep that in mind, the next time we do a real estate video.

[@illeagleproducts4u]

Oh my, I bought an apartment and a penthouse in Sarande almost 20 years ago for a fraction of these prices. I have lived here full time for the last 10 years. Sarande is awesome!

[@WarrenJulieTravel]

Prices have risen a lot.

[@griffin7352]

Jared’s all in !

[@WarrenJulieTravel]

We hope you enjoy Sarande if you visit. Thanks for watching.

[@joelfaulk]

great informational video

[@WarrenJulieTravel]

Thank you, glad to hear from you.

[@jjoo6229]

Ocean views are typically good investment. The safe condo approach is buy new and sell within two years. Maybe get the biggest unit and go for it.

[@WarrenJulieTravel]

Ocean views are generally a good investment. These prices are quite high.

[@azemtavniku5782]

Thanks for your videos, real-estate topic is of interest for a lot of us living abroad. Please write the date of recording your videos, the world is changing fast and knowing the dates would definitely help. Thanks

[@WarrenJulieTravel]

All of the videos show the date it was made by opening the video description. It will be found on the top left corner.

[@michaelgreen5515]

Believe the prices, but the prices same as Spain, Greece or Italy and better winters. Great yo see Albania doing so well. Has to be foreign investors as how many locals have the capital to buy these?

[@WarrenJulieTravel]

These prices were quite higher than we anticipated.

[@kyriakosaronis4872]

I come from the Island of Corfu witch is right across from there the distance is 1/2 a mile cost to cost. Now for the name they have kept the Greek Name of the town and have changed it slightly. The real name is Agie Sarandez which means in greek The Holy 40 Saints. The Albanians call it Sarande. It is still very cheap to go there but prices are going up.

[@WarrenJulieTravel]

That’s interesting information. Thanks for sharing. 😃

[@MATFEVER]

Πολυ καλα απαντησες.

[@leplane_]

9:44 That's what I was going to ask (I'm watching and commenting). The demand for long term rental might not be there, but how is it for short stays in high season? Would you say there's enough demand to rent these apartments every week in Spring or Summer? How long does the high season last there realistically? Thanks Warren

[@JayandSarah]

The high season is getting longer each year as more and more people come. Many that come from Tirana own their own places here so they are not renting. The rental market surges in June-August, it's 3 major months. Stuff is starting to come alive right now (as in places preparing to open, sooner than in previous years - I anticipation). For now, many places are vacant and it is easy and cheap. We are paying $450 USD per month for a large 1 bedroom with sea view 30 paces from the ocean front.

[@WarrenJulieTravel]

I think the summertime you can recoup a decent rent for your property. I would say it’s a good deal to buy in the area if you were to reside in your property for 6 to 9 months and rent it out for the three months in the summer. it appears the appreciation in the area may give you a better return on your investment, then rental income. One drawback to the areas where the new developments are, is the proximity to the main part of town is not close, and many of the establishments in the area are closed down for the slower part of the year.

[@leplane_]

@@WarrenJulieTravel Thanks Warren, makes sense. Might be a good place to invest in, hopefully the prices come down, but doubtful.

[@leplane_]

@@JayandSarah That's a great price!

[@theresewheeler1498]

I love corfu. Being there for 3 years

[@WarrenJulieTravel]

It’s a beautiful city!

[@trollshqipe4684]

Back in the day 2016 you could get 60 m2 Aprtament for 30k in durres by the beach , because o lot of going on with tourism in albania prices gone up.

[@WarrenJulieTravel]

This is very true. I think the entire world has gone up exponentially on real estate in that time.

[@willmurphey593]

DorJan also showed us property in Serande. Good dude! Our problem was we found a great deal with ocean views but when we tried to secure a lawyer no one would call us back and there office hours were very limited. We want to take another crack at it soon as they value is definitely there. Great prices for you get!!

[@User12345fan]

Why do you need a lawyer? In Albania you buy property without a lawyer, you pay through the notary public (basically they do the title work and cheap)

[@willmurphey593]

I am from the USA and maybe it's my ignorance, but we use lawyers and title companies to dig up issues and perform due diligence. :) @@User12345fan

[@WarrenJulieTravel]

I’d be curious to see if that property is sold, and what the current value would be now.

[@User12345fan]

@@WarrenJulieTravel just so you know, notary public drafts the contract, they are the ones doing the attorney and real estate agent and title work in Albania. The beauty is that closing fees in Albania end up being less than 1%.

[@fredrikbergquist5734]

In Spain or was it Portugal, they are looking into laws that prohibit renting out for short periods, minimum 6 months. It is to protect the locals. But maybe they will sell there and buy here? Non EU might also be attractive for some. How is the VISA situation?

[@WarrenJulieTravel]

The visa situation depends on the country in which you hold a passport. For Americans, they can stay in Albania for 360 days consecutively and leave for 90 and return again for another 360.

[@ImportedFromSerbia]

Smart or limit area where you can rent for short period of time.

[@SilenTravel]

480 eur for rent (480-60eur utilities =420 per month net income). Frankly its low income for minimum 100k eur investment. Because you have to pay income tax then it will be more less. Thanks for the video and informations by the way

[@WarrenJulieTravel]

The prices were very high compared to what we expected.

[@Alban-ux8jf]

If American immigrants think our real estate market is bonkers, what are residents in Albania supposed to think?

[@WarrenJulieTravel]

We were extremely shocked by this real estate market. Thanks for watching:)

[@TheKendo1441]

Hi guys, the prices started skyrocketing since over a year ago foreigners may buy plots of land there. As an international real estate entrepreneur having started 30 years ago in Germany I'm always seeking new yet reliable opportunities. Right now I've started collaboration with Albanian collaborators that I've known for years, both selling new apartment projects at the beachside for around 2500 Euros per square meters, as well as old properties for way less. By investing at minimum 100k Euro you will get the residency of a country that probably will become a EU member soon, and after 5 years the passport. And after all, you'll have a beautiful property at the Adriatic, with tourist rental services provided for you. Of course, not all our customers for Greek, Spanish, Italian or other Mediterranean countries will switch to Albania. But history has shown you always have to get into a market when prices have just started rising, and then sell at about 70% to 80% peak, which is based upon experience when that's gonna happen. And great job to you guys for making such an informative vlog for the audience!

[@WarrenJulieTravel]

Thanks for watching and for sharing your thoughts.

[@xhoi96]

Go to golem beach in Kavaja Albania the beaches are 100 times better than saranda because they are sandy beaches

[@WarrenJulieTravel]

Thanks We will have to check it out. 😃

[@bernardberisha1824]

Hi great video of point of view to start I am Albanian American and been looking and thinking to by something for vacation and rental I was there this summer prices are changing from day to day on every thing I guess the rules are no rules I been there before I think that prices are changing every day because they think that it’s nothing like it but a lot of other things that should be there not am not gone go on and on I think that this type of issue are that government has to have a balance but government is busy trying to get their fair share the 20 percent of builders and so on ? I love to see Albania prosper but I don’t think this is the way again great video ?

[@WarrenJulieTravel]

When we said shocking, we truly meant shocking! We were completely astonished by the prices in Sarandë. I hope you find something at a reasonable price that you like. A friend of ours told us the rainy season is the best time to buy, which is November.

[@CandycaneBeyond]

The rent is cheaper than buying

[@WarrenJulieTravel]

Yes, this is often the case in many places.

[@jgm3620]

Great video thank you

[@WarrenJulieTravel]

Thanks 😊 appreciate the support

[@Luli-Dante]

All of these are too small and expensive. Stop setting up prices for real estate investors vs. homebuyers..

[@WarrenJulieTravel]

We feel as though these prices are expensive. This is why we titled it shocking.

[@Taking_Back_Thyme]

No interest in this type of property. Prefer small village with local atmosphere.

[@Marcfj]

I have a feeling that Albania is soon going to be a very expensive country with sky high real estate prices. My second prediction is that it will soon be a popular medical hub for Americans who cannot afford the high cost of medical attention in their own country. That being said, real estate in Thailand is still very affordable and rents appear to be lower than those in Albania. In 2018, I bought a 3-bedroom, 3-bathroom house in a gated community here in Thailand near the beach for $140,000 U.S. and put it in my son's name because he has Thai citizenship. We also bought a one bedroom condo in a modern Bangkok high-rise on its 25th floor for $100,000 U.S. Anyway, I might check Albania out next year in an area where there is surfing.

[@WarrenJulieTravel]

Thanks for the comment, you do make me want to go to Thailand and check it out. Regarding going to Albania for surfing, you’ll have to hit it during the stormy season. Surf on the Adriatic is pretty mild, you may want to kite surf or wind surf.

[@Marcfj]

@@WarrenJulieTravel - My son and I have changed plans and we will check out Estonia, Latvia, and Lithuania either next year, or at the end of Summer 2026. In the meantime, we plan on surfing in nearby Da Nang. My son has surfed here in Thailand, Bali, and Sri Lanka---not to mention Waikiki and several places in California.

[@paulnunya3429]

You should show the square foot conversion too since most Americans know square footage better.

[@WarrenJulieTravel]

That is good advice, we used to do that.

[@patrickkihn]

Are these buildings insulated? If so, what is the R value of the insulation? Do they have central heating? Is the plumbing plastic or metal? How cold does Winter get in Saranda, and for how long? Rather important questions that need to be addressed.

[@WarrenJulieTravel]

Good questions. I am sure they could all be answered by reaching out to the estate agent in the video description.

[@Calipeixegato]

Wow. $2,300-$2,500/sq. meter for a fully fitted apartment? While that's cheap compared to the US, it's about the same price as properties in cities in other parts of Europe. Sounds like they had the same run-up in prices that they have seen in Turkey over the last few years. I mean, I just don't see the value proposition here. But then again, not everyone needs a "value" proposition.

[@WarrenJulieTravel]

Great assessment. It seems everything in the world has just gone up exponentially.

[@haqq4260]

If i purchase a home in albania for 100,000 euros how much do i have to pay for transfer taxes and VAT I just want to know what my final costs will be. Thanks

[@WarrenJulieTravel]

I do not want to misquote this, so please email me at [e-mail] so I can get you in touch with the realtor in our video.

[@Powertrader6]

Does it have any payment plan ?

[@WarrenJulieTravel]

I assume some of the properties offer payment plans. The estate agents phone number is in the video description if you are interested in speaking with him.

[@lorrainevlambert]

Safety is the main issue to looking at Albania. I live in Greece for 25 years and know the dangers of Albanian criminals, which has affected Greece significantly. So, don't buy or rent until you've spoken to other local foreigners and assessed the real risk factor.

[@pentrubarbati]

sarande is overcrowded and the prices are ridiculus considering the average salary in Albania ...

[@WarrenJulieTravel]

The prices here are more than other cities in Albania. This is a resort city.

[@pentrubarbati]

@@WarrenJulieTravel i know what sarande is i was there .... is crowded overpeiced not worth it .... even if it is a resort city and considering the albanian salary a bad joke usa citizen trap like other places but compared to philiphins thailand vietna is also low value ...

[@pentrubarbati]

@@WarrenJulieTravel i was in sarande not impressed overcrowded and overpriced and expansive again for albania salary is ridiculous considering that untill 2 years ago asnt even that popular and is not croatia wich is much well known ... i end up going evryday in ksamil ... wich is better more expansive as properties but for vacantion was ok ...

[@blindfoldsanddaggers5350]

This is WAY overpriced. Studio Apartments in Albania should be no more than 30k, I recently saw an older 2 bedroom apartment that needs some updating for 30k in Albania.

[@WarrenJulieTravel]

We were surprised by prices in Saranda, what city is the studio you are speaking of? There are definitely lower priced locations in Albania, currently Saranda isn’t one of the lower priced areas.

[@blindfoldsanddaggers5350]

@@WarrenJulieTravel Kavaje was one of the places. I'm considering Albania, Serbia and Montenegro. It seems that Albania is cheaper than Montenegro now. Is it hard finding studio apartments for 35-30k in Montenegro ?

[@stacie007]

With low prices comes lack of transportation and healthcare infrastructure. I don't see it as a year round or most of the year option for living. Definitely don't want to be there in the summer with the crowds. I would live in Tirana and visit Sarande in off season.

[@WarrenJulieTravel]

I can understand your feelings on that, I think is a good place with a good lifestyle, and without crowds or extreme heat for nine months of the year. With so many vibrant, friendly expats, it’s a place, you won’t feel alone or bored. If you can find the right deal, it may be worth buying a home to live in for nine months of the year, and then rent it out the other three.

[@arsjanaliaj1727]

Saranda or vlora I think isn't expensive because in Montenegro near sea sale per meter going from 7000 euro to 12.000 euro ! 2000 euro per 3000 euro or 4000 euro or 5000 euro per meter isn't expensive.. is a normal prices ...

[@WarrenJulieTravel]

There are still many places in Montenegro that are 3000 euro per m2, but there are also many that are much higher.

[@ericyuan9718]

I watch all Nomad Capitalist videos as well, was also looking into these Balkan countries. Perhaps other towns in Albania have cheaper real estate. Maybe homes next to Lake Ohrid? These prices in Sarande are a hard pass. It's not even a Schengen or EU country.

[@WarrenJulieTravel]

Yes, there are many places with less expensive real estate in these areas. This area has hit a boom! Lake Ohrid is stunning and we like that area. Thanks for watching us!

[@sandytw5229]

Looks like a nice place over developed & none of the properties had any sun, cold 8n winter & no amenities nearby…

[@WarrenJulieTravel]

I wouldn’t really say it’s overdeveloped at least not at this point.

[@Curious859]

It’s crazy how expensive these countries have become! Closet size spaces that are high in price and rent. There is no comparing to the prices in North America, even though it may cost a lot more in North America, but not in certain provinces such as Alberta Canada. We can buy a beautiful, large detached house with 3 bedrooms and a backyard for around $300,000 cad and some are even less than that, and then you go to these countries and you wonder what the freak is going on! And why!

[@WarrenJulieTravel]

Real estate is more expensive by the m2 but everything else is less expensive.

[@Curious859]

Yes, but these prices are aimed at tourists because the natives cannot afford it.

[@Tomas-bl6wv]

I don't know the reason why they are becoming so expensive. Their minimum wage is more or less the same than a few years ago . The price if energy is the same. Construction workers are cheap, Construction materials are no too high, and so on. I think some owners test the water with the foreigners looking to make investment and como up with a crazy price. If the foreigners buy because mentally they are comparing to their European countries or the US they are making a big mistake increasing the cost of property all over.

[@Curious859]

@Tomas-bl6wv, exactly! It’s aimed at foreigners. All these poor countries with natives that make $500 a month have unreasonable property prices. People don’t see the big picture. Foreigners are driving the prices everywhere to extreme and everything has a consequence.

[@kozetasefa6538]

Dabble price then normal.

[@TheGandorX]

If they build 59 sqm new apts at that price , it's already not interesting anymore. I can get better in Thailand with condo pool and gym. It's a measly 5.6% return on investment. No thanks.

[@WarrenJulieTravel]

It was definitely more expensive than we expected. Thanks for watching.

[@BB-bt9vj]

Average salaries in Albania are between 350-500 euros.Price of the property is astronomical, a native albanian never can buy one of this buildings if he has 3 life times. Unbelievable but good luck to whoever got the money and being foolish to throw a ton of it on this super bubble.

[@WarrenJulieTravel]

Prices have definitely shocked us.

[@BB-bt9vj]

@WarrenJulieTravel Is just a bubble, are thousands of apartments empty, not sold. It is madness, but that's how it is. It wonders me why they ate not building, hospitals, health clinics, train and bus stations, schools, universities etc. The answer is easy , but it doesn't pay. Don't get me wrong Albania is great for a few weeks in the sun, I will rent an apartment for a few weeks , but I will never think about buying a property on a bubble like that.

[@alupci]

@@BB-bt9vj I don't know a case where mafia and drug cartels would invest in hospitals, universities and other wellbeing of people. As of now, the last rheumatologist left Saranda for good and its citizens are left with two options, either go and see doctor in Tirana (at least 3 hours drive with car) or those who afford go to Ioannina.

[@avnirustemi1948]

@@BB-bt9vj not everyone can afford a house in California ! You’re logic is trash . There is apartments in memaliaj or Ballsh 80-90square meters for 15-20k . All the houses shown are sea view and close to the water

[@BB-bt9vj]

@avnirustemi1948 sorry , I forgot that the sea view makes all the difference. You are right, what the hell I was thinking?? My bad , the place is a paradise. Whoever wants a bargain purchase should act fast before everything goes up in price. All the best. 👍

[@mikaelandersson3115]

Crazy price, same as in Spain.

[@taniayager3361]

The prices are not that great! Apartments boring and hate the open plan features in the earlier styles. The building work is absolutely crazy. It reminds me of the massive buildings that went up in Spain in early 2000. It will become a concrete jungle. Most people will lose their views when other blocks go up. I would not want to live there because it will also become noisy! The luxury block is way overpriced for 110 sq m! All because of a sea view! People are so stupid if they buy into this area! Save your money and buy elsewhere where you have a good established infrastructure and not this endless mass of concrete! It seems to me that the planning of the area is akin to the wild west!

[@WarrenJulieTravel]

The prices are much more than we expected.

[@alupci]

Saranda used to be very beautiful city. Today is a real concrete jungle.

[@sandytw5229]

Well said!

[@jerrymylove1754]

I see everyone wearing jackets. Looks like the beach in New Jersey or Coney Island.

[@WarrenJulieTravel]

Our jackets were extremely lightweight, but many people in these countries dress for the season not the weather. This winter, people in Sicily were dressed like it was snowing outside and we were dressed in spring clothing.

[@leplane_]

Well, that's disappointing. Still cheaper than the US, but they are asking the same prices as what apartments in the coast of Spain go for (Alicante etc). Something like this happened in Serbia as well (after the war). You mentioned investors buying these properties up. I wonder if the likes of blackrock are involved.

[@User12345fan]

Alicante is not the pinnacle of Spanish Tourism, so don’t compare it to Alicante. Compare it more to St Sebastian and Ibiza.

[@JayandSarah]

I would highly doubt that to be the case.

[@Вадим-б3п4б]

​@@User12345fanhave you ever been in Vlore and in Alicante ? Did you tried to park your car in Saranda? It has a city design problems unfortunately ( Are there any big stores in Saranda ? Its

[@ruthmccord6313]

I lived in Albania. It's beautiful, great inexpensive food and lovely people. I love it, however, I could never live there. Lots of trash and so many homeless cats and dogs. The poor dogs are often starved, abused, injured or neglected. The municipality often poisons the dogs and it's heartbreaking. Infrastructure is improving somewhat, however prices on real estate are ridiculous. Especially the cost of a villa or detached home.

[@Вадим-б3п4б]

@@User12345fan why not to compare to Miami and Monaco? ;) Joke of the day 😁🤣

[@tonym6090]

Prices you show youcan buy in Istanbul and cheaper in other cities

[@WarrenJulieTravel]

We concur. The title in this video is absolutely the truth. We were completely shocked at the cost of this real estate.

[@tony232cool]

saranda was beautiful in enver hoxha times. now it is a concrete jungle with sea view

[@WarrenJulieTravel]

It is still quite beautiful.

[@tubulardude44]

Superior video! Due diligence would include being aware of the potential of a new highrise being built and blocking your view!😮

[@WarrenJulieTravel]

Very true! Thanks for watching us. 😊

[@m_m_m_m_m_m_m_m_m_m_m]

Shocking indeed. Way too expensive.

[@WarrenJulieTravel]

Yes, we concur. Shocking was the perfect title for this video

[@sinanhadi1809]

In which language you communicate with people

[@WarrenJulieTravel]

We speak in English most of the time. We do attempt to learn a few words in each country.

[@liszaf3976]

Crazy prices for a country still in it's infancy in tourism and still plagued with a lot of criminality! Cheaper in Corfu and much safer!😊Having said that the apartments look amazing!

[@WarrenJulieTravel]

These prices definitely shocked us. We had no idea they were going to be so high. The apartments were all very lovely.

[@moiracroley1480]

​@@WarrenJulieTravelwell I am looking at durres

[@FiveSails]

@@WarrenJulieTravel We have seen this all over the world for decades; the properties are marketed to people offshore who are promised high rental returns and much cheaper in price compared to what they have to pay for similar property in more developed countries. Then the locals begin to notice and their own properties begin to go up in price. I saw this happen in Spain, Mexico, Central America and parts of Asia. Most recently Turkey was heavily marketed to the UK and saw it's prices increase to the detriment of locals who get priced out of the market. It's driven by developers who buy raw land and convert to living units and while this is good for the local employment, they suffer eventually as wages don't keep up with the higher prices for real estate.

[@8_x_9.]

​@FiveSails The same thing happened to Vancouver.Bc. Canada🇨🇦.😠

[@mickeymouse1697]

You can buy 20,000 euro traditional old village house in the GREEK island of CORFU and then renovate to your taste

[@WarrenJulieTravel]

Absolutely correct! It is a Schengen country so much more difficult for Americans to stay compared to Albania, but yes, this is true. The taxes are much higher in Greece too.

[@minimouse0285]

whats the cost of renovation of an old greek village house?

[@mickeymouse1697]

@@minimouse0285 how long is a piece of string

[@minimouse0285]

@@mickeymouse1697 what?

[@labolabo3620]

Why would you want to buy an apartment so expensive when you can see from the balcony new buildings are going to come up and you’re not gonna have any views you forgot to mention that I’m wondering why when you can move in Thailand and buy a five stars apartment with the same price and have summer all year around it doesn’t make any sense

[@WarrenJulieTravel]

I guess everyone has different criteria and taste. Thanks for watching.

[@jesuisrobert808]

These apartments seem a bit overpriced. You can get some pretty amazing new apartments near the beach in Tulum Mexico for similar prices.

[@WarrenJulieTravel]

When we made the video we felt the same way, that’s why we said they were shocking. Rent on the other hand is quite low in comparison to buying. I had a hard time justifying the sale prices, but this is apparently what the market price is, ROI is very low compared to many markets.

[@Lensmaster1]

This is all modern apartments in new constructions. Also, prices for rental are quoted as these are income properties and not homes. Even the old apartment was renovated and, like you say, near the future yacht club. What about small older apartments a bit of a walk from the beach? I would want an affordable place to live, but that may not be your audience.

[@WarrenJulieTravel]

lol, you may have skipped around the video and missed some dialogue. We tried to explain this home selection and pricing. This is what’s available at the lower end. Watch the beginning with the old posting being used to bring in clients with out dated prices. There’s a reason we said the prices were shocking. It’s not the cheap market Nomad Capitalist showed a couple years ago unfortunately. It makes more sense to rent.

[@relicofgold]

One correction: Nomad Capitalist is NOT well-respected, in fact he's being sued by clients regularly. And the snob quotient is off-the-charts. He should stick to interior design.

[@Csibili]

Hi, just a few points you have to remember before buying in Albania if I may before someone will spend time and money to go there: - the infrastructure suck, the aid service as hospital and medical are not really what you will want in case of emergency, and not too many tourist places to visit except the nature. Because of the bad infrastructure, it is more difficult to travel inside and outside the country. For 40.000- 50.000 EU you can buy in Spain, Italy, and France where all in all the infrastructure, health system, and cultural programs on rainy days offer more. Not talking about the proximity of other countries you can visit if you want a change. People in Albania are very friendly, and the local police care about tourists, food is very good and healthy but all in all, it is a small beautiful country under development. I will recommend Albania for a 2-week holiday or to writers or people who are really more into a place where it is more isolated, if not after 2 months you may get bored.

[@WarrenJulieTravel]

We are not encouraging or discouraging anyone from buying there. We are simply showing the availability and the current prices.

[@HomeJames-t3p]

It might be a yacht club but they'll have to knock down a lot of buildings to get any other things going up there I don't know I think that tanking you up

[@WarrenJulieTravel]

I was following your comment until the last sentence. Not sure if that came across correctly.

[@sandytw5229]

No roads built yet, hospitals, schools, bus services? No overpriced & disappointing

[@WarrenJulieTravel]

There are bus services, hospitals, clinics and schools.

[@FarmanKhan-eq3sh]

But people say that Sardinia is left by youngees as a desserted place & govt is planning to settle there expats with many reliefs like free house & 90 k € cash ?

[@WarrenJulieTravel]

@@FarmanKhan-eq3sh Saranda and Sardinia are different locations.

[@acunvito]

Theyre crazy..

[@WarrenJulieTravel]

The prices are definitely much more expensive than we expected.

[@kevindugdale5663]

How can locals afford to buy any of those Apartments.Not surprised many Albanian men are living in the UK.

[@WarrenJulieTravel]

Sadly, the real estate has risen exponentially and in a fairly short time. There are many places outside of Sarande that are less expensive.

[@kozetasefa6538]

For that price they have to fixed kitchen.

[@WarrenJulieTravel]

We thought so too:)

[@samiz9565]

The prices are very expensive comparing the life standing ,the security ,the health systeme,the infrastractures ,the roads ,the énergie system ,the internet ,the transport,bus ,trains métro none of this is working according to the européens contry and i am choked to see the rent prices for the appartement with less space and confort and bad 1rea with 400€ ,500,600 even 700€when the same and even better are chipper in greece,spain italy and even france,I live in south of france where there is sun ,montan and sea and i pay 550 for appartement 2 bedrooms and living room and i am retiring lady in a beautiful area with a nice hospital , shops, supermrkets around grocery bakery ,and electric free bus to take zll over the city andgardens every where .honestly i am surprised how people are taking davantage from the américains , européens wouldn't accept this places even for free😮😢

[@TSIRHCSEVAS]

Well take it or leave it. Next year is going to be more expensive.

[@beaulong]

Crazy expensive..... where is the cheap in this one??

[@WarrenJulieTravel]

There isn’t one that’s the shocking part we were trying to explain and show.

[@_Viking]

No way I pay 100 or more for an apartment far away from the city center

[@NapoleonDynamyte]

For $320K you can buy a villa on a Greek island. Come on now

[@WarrenJulieTravel]

We are not saying you can’t, also Croatia, Montenegro, Italy, Spain… we are surprised to see prices here, however other cities around Albania should have lower cost homes than Saranda.

[@NapoleonDynamyte]

@@WarrenJulieTravel It’s an investor bubble. Selling foreigner the idea of passive income. But the property values don’t make sense for a place like that.

[@WarrenJulieTravel]

@@NapoleonDynamyte I think we showed the rent overall is low vs the home prices. It’s definitely not a great market at those prices to expect passive income, and I can’t see the home prices gaining at high rates. From an investor perspective I like a 10% return and I think that’s not likely achieved in this market. I like Saranda, but we’d rent there if we moved there. We don’t want to fluff the numbers to give anyone a false impression or expectation.

[@paradised2630]

Po vijne te huajt ne po ikim😮

[@NatLife]

Those tiny rooms. They pay the workers almost nothing. Worst speculation. You ruin your seaside by your immense greed. Terrible projects.

[@minimouse0285]

are you buying or just complaining

[@NatLife]

Albania?

[@WarrenJulieTravel]

Tiny places are really just part of being in Europe.

[@NatLife]

@@WarrenJulieTravel Being from German/Swiss background I left Europe more than ten years ago. Now fully integrated in a growing, optimistic Muslim Asian country. Europe never again. Just a subjective opinion. They go downhill.

[@wesgraham2262]

Why would anyone buy a place with no kitchen or appliances??

[@WarrenJulieTravel]

Much of Europe is similar. They look at a kitchen as furniture that moves with them.

[@tariqpuri1000]

Need to invest in property for good rental income

[@WarrenJulieTravel]

ROI is very important, but considering rent inflation is also extremely important. Costs of housing has risen substantially since 2021 throughout the world.

[@tomf1dublin1]

These are crazy prices. Portugal ; Spain and Italy has better bargains. Bulgaria has much better prices .

[@WarrenJulieTravel]

We were very shocked by the prices as well. Thanks for watching.

[@zenyas7358]

Im European a 1Bed and 1 bath no kitchen furniture and no appliances in it €135 thousand it’s to higher prices

[@WarrenJulieTravel]

We think so too:)

[@georgestkyriazopoulos7081]

Is not Albania is North Epirus and is Greek town aghii saranta

[@KB-je4vu]

Be careful about investing in Albania folks! For those prices (maybe a little higher) one can get an apartment in good areas in many European countries. Yes Albania has made huge progress in recent years, but it is still a highly corrupt country with bad infrastructure. In the example of Saranda, we see a city with no old town (compared with Montenegro and Croatia), a bad infrastructure, bad waste management, bad public transportation, and almost no activity during the winter months. Real estate prices have increased, but all odds are that in the medium run the market will correct this anomaly and the price will reflect the value of the property.

[@WarrenJulieTravel]

We are definitely not advising anyone to buy or not to buy a home in Saranda. We are presenting what the current market has to offer.

[@abcdefghi9]

Anywhere American money flows, it jacks up the price of everything. Same thing in the Caribbean. Rich foreigners come in and buy up all the properties and things become very expensive for locals

[@WarrenJulieTravel]

TBH Americans make up a very very small portion of the property owners.

[@vagabondabbie]

Offer 60k. They buy these 25k

[@WarrenJulieTravel]

We feel as though these prices are expensive.

[@MrWaterbugdesign]

10 years from today there will be videos saying "Sorry, but those cheap 100k Euro properties from 2024 are now 300k."

[@WarrenJulieTravel]

Unfortunately, the world is getting expensive.

[@NapoleonDynamyte]

Maybe but only in tourist areas and busy cities with work

[@teresalehtonen8499]

oh no. I would rather move to Thailand where the buildings are like a 5 star hotel with all amenities.

[@WarrenJulieTravel]

I’m sure there are some lovely places there. The weather is definitely going to be hotter year around. There is no arguing though, your dollar will definitely go further in Thailand than most places in the world.

[@Travel2EuropeUS]

BUt you can go travel all around europe and near asia

[@JACK_TheAllSeeingEye]

You don't understand the asian mentality of politeness on the surface and contempt underneath. Xenophobic......you'll always be inferior.

[@patrkore]

This is for ppl who want to be based in Europe.

[@lexij4740]

They are not cheap though

[@WarrenJulieTravel]

Yep, that’s the shocking part. We had different expectations when we decided to do a real estate video in Saranda. We provided the real story and not just fluff setting up false expectations.

[@jacopomontechristo7572]

Prices have gome up like crazy the last 8 years but theres a reason for that. All this buildings that you see are the product of money laundering. There are certain albanian groups that have invested their money in buildings in order to wash it,organized crime groups and also the corrupt politicians and their friends. As an albanian I dont understand why a foreigner would invest at the crazy prices. Especially Saranda is a shitty town with no infrastructure,no hospital,or a building that tries to resemble one,the doctors there are with very low skills. The city in the summer gets overcrowded,no parking,no public beaches,public transportation sucks,prices in restaurants and lounge bars or night clubs are same as in greece or italy. Saranda in the winter is like a village where there are like 5 or 6 places to eat,2 or 3 supermarkets. I've lived in saranda for two years and I remember it was November and I went out for a walk and I saw more dogs than people. It's an awful awful city. 10 years ago those apartments would cost like the half of the price that they go today. Prices have gone up like crazy in the capital and in the south sea cost,almost everywhere even in some cities that are not touristic and all these because of the narco culture and the corrupt government that we had these last 11 years,although all the governments we had in post communist era were corrupted the one that we have now is the most corrupt one. Albania as a country is doomed and the youth are leaving in hundreds every day. Cost of living is same as in EU and salaries are as in Africa. 500 euros a month to rent an apartment where the average salary is 400 euros. I feel so bad for my country but this is the hard truth.

[@michaellofton9571]

Great views until the next new building blocks your view. PASS!

[@moneymonarch8102]

You don’t want to live in Saranda it’s only popping like 3 months of the year the summer months the rest of the time it’s empty

[@TheNelsonsGo]

This makes no sense. These prices are idiotic.

[@WarrenJulieTravel]

They are shocking!

[@kozetasefa6538]

Very expensive for Albania.

[@WarrenJulieTravel]

Agreed. Thanks for watching:)

[@sirsaltymcsaltertonjr.1428]

Did he bring his dog?

[@WarrenJulieTravel]

I’m not sure about the question.

[@sirsaltymcsaltertonjr.1428]

@WarrenJulieTravel I met him a few years back when i was house hunting,he had a blind dog that was very smart

[@WarrenJulieTravel]

He did not have his dog.

[@CityArtTravel]

Terrible prices. Over $200 a sq ft?! No thanks!

[@WarrenJulieTravel]

We had hoped to see some deals during our visit, unfortunately we were a bit shocked with what was available at the price point as well.

[@alrent2992]

Trading one cubicle for another in a different country. No thanks.

[@GreenCroco1]

😮😮 I were there in Saranda in 1997.., There were abandoned hotels from communist ruling times to buy between 1000 & 3000 USD..!!! New Democratic Government had no idea what to do with them. 😂!!! At that chaos times I haven't had the courage to invest,, now I regret.!!! That was a big chance..!!! But at that time there was no rules, no proper law, nothing.!!!

[@WarrenJulieTravel]

That would have been a fantastic time to invest! If only there was a crystal ball to see the future

[@Invest4Cashflow]

Why would anyone move to Albania? All the Europeans are avoiding it, and the Americans like it😂😂😂😂😂

[@WarrenJulieTravel]

Albania has a lower cost of living and is a draw for many people. The country is an up and coming destination. It will be interesting to look back at this in ten years and see how it develops. There are tons of Europeans there Americans are just one component of the expat community.

[@ianhesketh1297]

Europeans are avoiding it?? 😂

[@Keithedwardsartist]

In Vlorë less will buy More…

[@WarrenJulieTravel]

Great to know:)

[@RomeoUrsu-fy9qo]

No thanks..:plenty other opportunities in EU and better opportunities for jobs,health services and a good retirement.

[@WarrenJulieTravel]

We knew when posting this, there would be a lot of disappointed people. We were surprised by the prices also.