81 premium apartments on the Albanian Riviera — with terraces, private pools and Ionian sea views, 3 minutes from Palasë beach.
Green Terrace Residence is a residential project set into the hillside above the Ionian Sea in Palasë — one of the most attractive locations on the whole Albanian Riviera. The complex is made up of two blocks (A and B) with 81 units in total, all of which are currently available.
The project offers a genuinely wide range of property types — from compact studios and 1+kk apartments through roomier 2+kk and 3+kk layouts to exclusive 3+kk maisonettes with a terrace of over 125 m² and a private pool. A standard that stands out across the whole Albanian Riviera, even in the premium segment.
The architecture responds sensitively to the terrain — the buildings are set into the slope, and the façades work with natural materials and greenery that tie the structure into the surrounding landscape. Each unit is designed to maximise natural light and the view.
Palasë sits on the Albanian Riviera in the Himarë area — one of the most unspoilt and least crowded stretches of the entire Mediterranean coast. Turquoise Ionian sea, pine forests and pristine nature. Drymades beach, a 10-minute walk from Green Terrace Residence, is consistently ranked among the most beautiful beaches in all of Albania — rocky coves, white sand and crystal-clear water.
Directly above Palasë lies Llogara National Park and its namesake pass. Within reach is also the historic town of Gjirokastër, a UNESCO World Heritage Site. Access to the area improved dramatically with the completion of the Llogara Tunnel in 2024, which halves the journey from Vlora.
In 2027 Vlora gains its own international airport — Green Terrace Residence is roughly 45 minutes by car from that airport.
| Type | Average price | |
|---|---|---|
| Studio | €155,230 | I'm interested → |
| 1+kk | €277,795 | I'm interested → |
| 2+kk | €479,477 | I'm interested → |
| 3+kk | €590,293 | I'm interested → |
| 3+kk duplex · 125 m² terrace + private pool | €736,439 | I'm interested → |
Returns vary by how the property is used, the season and occupancy. As a guide, we give a standard estimate valid for the projects in our portfolio.
These figures are indicative and based on current market data. Actual returns depend on the specific apartment, the management approach and market developments. Contact us for an individual calculation.
The project completes in 2028. Payment is made in stages as construction progresses. Some clients finance the purchase with an equity-release or general-purpose loan; others use the phased schedule directly, without a bank.
We'll gladly prepare a current offer of available units including a detailed price list, answer your questions and — if you're interested — arrange a viewing on site.
Request sent!
We'll be in touch shortly.