Property Prices in Albania

Index Info
Price to Income Ratio: 15.80
Mortgage as Percentage of Income: 122.29%
Loan Affordability Index: 0.82
Price to Rent Ratio - City Centre: 23.48
Price to Rent Ratio - Outside of Centre: 19.58
Gross Rental Yield (City Centre): 4.26%
Gross Rental Yield (Outside of Centre): 5.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 38,414.93 Lek 20,000.00-63,949.62
Apartment (1 bedroom) Outside of Centre 23,947.30 Lek 15,000.00-40,695.21
Apartment (3 bedrooms) in City Centre 64,932.06 Lek 30,000.00-145,340.05
Apartment (3 bedrooms) Outside of Centre 39,205.16 Lek 20,000.00-73,158.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 17,779.62 Lek 7,432.18-32,405.81
Price per Square Feet to Buy Apartment Outside of Centre 9,116.42 Lek 5,109.62-14,042.52
Salaries And Financing
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Average Monthly Net Salary (After Tax) 45,806.67 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.73 3.50-7.00

These data are based on 829 entries in the past 18 months from 119 different contributors.
Last update: February 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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