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100 m² Stone Apartment (Whole 1st Floor) | Former Hostel | UNESCO Gjirokastër | €70,000
Date & Time Listed: 2026-02-04 18:08:50 (GMT)
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Ad Details:
100 m² Stone Apartment (Whole 1st Floor) | Former Hostel | UNESCO Gjirokastër | €70,000
Own a rare combination of authentic character and proven rental potential in southern Albania. This 100 m² stone-built apartment, occupying the entire first floor of a traditional building, is located in Gjirokastër, Albania’s renowned UNESCO World Heritage city—a destination with year-round cultural tourism and strong demand for unique stays.
For foreign investors who love the south but find Sarandë pricing too high, this property delivers a compelling alternative: you’re approximately 40 minutes from Sarandë and about 40 minutes from the Blue Eye (Syri i Kaltër), with multiple touristic villages nearby—yet you benefit from the value and authenticity of Gjirokastër.
Layout & lifestyle
The apartment offers generous space for families or group accommodation with 3 bedrooms and 2 bathrooms. The building’s east-facing orientation helps create a bright, comfortable interior—ideal for long stays and guest satisfaction. The neighborhood is described as quiet and friendly, adding to the appeal for both owner-occupiers and visitors.
Rental-ready investment story
Previously operated as a hostel, the property was set up to host groups efficiently, with an approximate capacity of up to 10 guests (previously arranged with four bunk beds and one double bedroom). Historically, it generated around $7,000 per season, making it an excellent starting point for buyers who want a home that can also produce income.
Features & practical upgrades
Stone-built construction (distinctive “Gjirokastër” character that tourists actively seek)
Double-glazed windows with shutters (insulation, comfort, privacy)
Two boiler systems (hot water support for larger occupancy)
Bathrooms fitted with toilet, sink, and separate shower area
Interior plastered and painted
Electrical and plumbing installations completed to sockets, switches, lighting points and fittings
Approximately 3 parking spaces (a major advantage in a historic city environment)
Why this works for foreign buyers
This is a ready-made path into the southern Albania market: authentic UNESCO-location real estate, close to the Riviera attractions, with a track record as a hospitality asset—at a price point that remains significantly below comparable coastal options.
Key facts
100 m² | whole first floor
Stone-built, character property
3 bedrooms | 2 bathrooms
East-facing
Former hostel setup | up to ~10 guests
Past performance: ~$7,000 per season
~3 parking spaces
UNESCO Gjirokastër | ~40 min to Sarandë & Blue Eye
Price: €70,000
Other Details:
Number of Bedrooms: 3
Number of Bathrooms: 2
Price: 70,000.00 EUR
Keywords:
Gjirokastër UNESCO City, Sarandë Alternative (Better Value), New-Build Apartment, Sunlit East-Facing, Strong Rental Potential, Near Sarandë & Blue Eye
For more details about this listing please click here to access the webpage provided by listing owner.
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