Property Prices in Albania

Index Info
Price to Income Ratio: 15.18
Mortgage as Percentage of Income: 128.31%
Loan Affordability Index: 0.78
Price to Rent Ratio - City Centre: 21.61
Price to Rent Ratio - Outside of Centre: 18.20
Gross Rental Yield (City Centre): 4.63%
Gross Rental Yield (Outside of Centre): 5.49%
Rent Per Month
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Apartment (1 bedroom) in City Centre 47,027.57 Lek 27,000.00-80,000.00
Apartment (1 bedroom) Outside of Centre 33,354.61 Lek 20,000.00-50,000.00
Apartment (3 bedrooms) in City Centre 88,355.27 Lek 40,000.00-150,000.00
Apartment (3 bedrooms) Outside of Centre 56,392.27 Lek 30,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 21,005.02 Lek 10,219.25-36,558.30
Price per Square Feet to Buy Apartment Outside of Centre 11,971.73 Lek 8,361.20-16,722.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 58,442.03 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.79 3.50-8.50

These data are based on 549 entries in the past 18 months from 87 different contributors.
Last update: December 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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