Property Prices in Albania

Index Info
Price to Income Ratio: 13.71
Mortgage as Percentage of Income: 114.59%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 20.55
Price to Rent Ratio - Outside of Centre: 17.79
Gross Rental Yield (City Centre): 4.87%
Gross Rental Yield (Outside of Centre): 5.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 43,079.11 Lek 25,000.00-67,254.39
Apartment (1 bedroom) Outside of Centre 30,451.38 Lek 20,000.00-40,112.20
Apartment (3 bedrooms) in City Centre 74,482.77 Lek 40,000.00-140,000.00
Apartment (3 bedrooms) Outside of Centre 49,206.74 Lek 25,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 17,627.00 Lek 9,160.16-27,948.86
Price per Square Feet to Buy Apartment Outside of Centre 10,475.24 Lek 6,503.16-15,837.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 55,160.21 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.65 3.50-8.00

These data are based on 530 entries in the past 18 months from 84 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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