Property Prices in Albania

Index Info
Price to Income Ratio: 13.50
Mortgage as Percentage of Income: 112.09%
Loan Affordability Index: 0.89
Price to Rent Ratio - City Centre: 20.22
Price to Rent Ratio - Outside of Centre: 17.61
Gross Rental Yield (City Centre): 4.95%
Gross Rental Yield (Outside of Centre): 5.68%
Rent Per Month
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Apartment (1 bedroom) in City Centre 42,703.11 Lek 25,000.00-69,136.86
Apartment (1 bedroom) Outside of Centre 30,024.52 Lek 20,000.00-40,607.61
Apartment (3 bedrooms) in City Centre 71,799.13 Lek 30,455.71-140,000.00
Apartment (3 bedrooms) Outside of Centre 47,496.48 Lek 25,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 16,980.46 Lek 8,199.93-29,728.73
Price per Square Feet to Buy Apartment Outside of Centre 10,130.42 Lek 5,658.81-14,864.36
Salaries And Financing
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Average Monthly Net Salary (After Tax) 54,025.58 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.57 3.50-8.00

These data are based on 563 entries in the past 18 months from 89 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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