Property Prices in Albania

Index Info
Price to Income Ratio: 14.22
Mortgage as Percentage of Income: 119.32%
Loan Affordability Index: 0.84
Price to Rent Ratio - City Centre: 21.42
Price to Rent Ratio - Outside of Centre: 17.72
Gross Rental Yield (City Centre): 4.67%
Gross Rental Yield (Outside of Centre): 5.64%
Rent Per Month
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Apartment (1 bedroom) in City Centre 42,895.26 Lek 25,000.00-70,000.00
Apartment (1 bedroom) Outside of Centre 31,703.52 Lek 20,000.00-50,000.00
Apartment (3 bedrooms) in City Centre 79,569.59 Lek 40,000.00-150,000.00
Apartment (3 bedrooms) Outside of Centre 51,623.33 Lek 30,000.00-80,315.01
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 18,876.56 Lek 9,326.81-29,728.73
Price per Square Feet to Buy Apartment Outside of Centre 10,896.30 Lek 6,995.11-15,855.57
Salaries And Financing
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Average Monthly Net Salary (After Tax) 56,324.51 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.70 3.50-8.00

These data are based on 538 entries in the past 18 months from 83 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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