Investing in Saranda: Why Fabeno Residence Is One to Watch

I’ve lived in Saranda for over a decade now, and let me tell you—there are moments when I still get that wide-eyed feeling like I’m seeing the coast for the first time. It usually hits me when I’m driving down Butrinti Street just before sunset. The Ionian Sea is stretched out like a painting, the light bouncing off the water, and in the distance, the outline of Corfu fades into the haze. It’s magic. And lately, that view is about to get even more exciting.

Because right along that very street, a new development is rising—Fabeno Residence—and I genuinely think it’s one of the smartest investments available in Saranda right now.

A Location Locals Know Is Gold

Butrinti Street isn’t just another road—it’s the artery that connects the heart of Saranda with the beach clubs, the cafes, and yes, even the little fruit stall where I still buy my figs when they’re in season (the owner, Arjan, always sneaks me an extra one). This part of town has always had that irresistible blend of convenience and charm. You’re close to the sea, the city center, and if you know which side streets to slip through, you’ll skip all the summer traffic like a local.

That’s where Fabeno Residence is being built. Right in the sweet spot—close enough to the buzz, but tucked just enough away that you still feel like you’ve got your own little corner of the coast.

Designed with Intention (and European Standards)

Now, I’ve seen a lot of developments in my time. Some go up quickly but cut corners. Others have location, but no personality. Fabeno? It’s different. It’s being built by Klajdi Construction, a name that holds real weight in this town. I’ve worked with them on other projects too, and their attention to detail is no joke. Solid structure, modern finishes, smart layouts—things that matter whether you’re looking for a personal getaway or a property to rent out during the tourist season.

And let’s not forget the views. Seaview apartments in Saranda are always in demand, but these ones? They’re elevated just enough to give you a panoramic sweep of the bay. Picture sipping your morning coffee on a private balcony, watching the ferries cruise in from Corfu. It’s the kind of view that sells itself.

Actually, last week, I showed a couple from Germany a similar unit just up the road. When they stepped onto the terrace and saw that view, they both just went silent. The husband finally said, “I don’t even care what the kitchen looks like.” We laughed—but that’s the effect the Albanian Riviera has on people.

Why It’s One to Watch (Especially for Investors)

I know what you’re probably thinking—okay, but is it really a good investment? Let’s talk about that.

Saranda’s property market is still affordable compared to places like Greece or Croatia. But that’s changing. Prices have steadily increased over the past few years, and with infrastructure improving, tourism growing, and international attention shifting this way, we’re just at the beginning of the curve.

Fabeno Residence is set to be completed in autumn 2026, which gives you time. Time to plan. Time to invest before prices rise further. And honestly, for anyone looking at Saranda apartments for sale right now, you’re not going to find this mix of location, quality, and potential appreciation in many places.

The area is ideal for short-term rentals too. Tourists want beachfront property or something close to the action—and this checks both boxes. And unlike some developments that are far from the beach or up in the hills, Fabeno sits on flat, walkable ground. Trust me, that matters when your guests are hauling luggage or coming back from a long swim.

If you want to get a feel for what’s currently available, check out the listings here:

https://projects.vivaview.al/

There’s a mix of 1-bed and 2-bed units, all thoughtfully laid out with light-filled living spaces and balconies made for sunset watching.