Property Prices in Albania

Index Info
Price to Income Ratio: 13.79
Mortgage as Percentage of Income: 115.24%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 20.56
Price to Rent Ratio - Outside of Centre: 17.80
Gross Rental Yield (City Centre): 4.86%
Gross Rental Yield (Outside of Centre): 5.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 43,110.37 Lek 25,000.00-67,718.63
Apartment (1 bedroom) Outside of Centre 30,465.10 Lek 20,000.00-40,237.84
Apartment (3 bedrooms) in City Centre 74,549.62 Lek 40,000.00-140,000.00
Apartment (3 bedrooms) Outside of Centre 49,244.43 Lek 25,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 17,649.11 Lek 9,160.16-28,036.40
Price per Square Feet to Buy Apartment Outside of Centre 10,487.63 Lek 6,503.16-15,887.29
Salaries And Financing
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Average Monthly Net Salary (After Tax) 54,917.90 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.65 3.50-8.00

These data are based on 529 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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