Property Prices in Albania

Index Info
Price to Income Ratio: 14.42
Mortgage as Percentage of Income: 116.55%
Loan Affordability Index: 0.86
Price to Rent Ratio - City Centre: 22.81
Price to Rent Ratio - Outside of Centre: 19.43
Gross Rental Yield (City Centre): 4.38%
Gross Rental Yield (Outside of Centre): 5.15%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 38,479.29 Lek 20,000.00-60,000.00
Apartment (1 bedroom) Outside of Centre 26,724.15 Lek 14,180.63-40,000.00
Apartment (3 bedrooms) in City Centre 65,062.28 Lek 30,000.00-140,000.00
Apartment (3 bedrooms) Outside of Centre 40,507.81 Lek 20,000.00-71,295.26
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 17,305.93 Lek 7,432.18-30,278.82
Price per Square Feet to Buy Apartment Outside of Centre 9,778.54 Lek 5,189.65-13,935.34
Salaries And Financing
Average Monthly Net Salary (After Tax) 50,546.87 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.25 3.50-8.00

These data are based on 710 entries in the past 18 months from 109 different contributors.
Last update: December 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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