Property Prices in Durres, Albania

Index Info
Price to Income Ratio: 10.42
Mortgage as Percentage of Income: 80.80%
Loan Affordability Index: 1.24
Price to Rent Ratio - City Centre: 21.20
Price to Rent Ratio - Outside of Centre: 18.68
Gross Rental Yield (City Centre): 4.72%
Gross Rental Yield (Outside of Centre): 5.35%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 38,756.02 Lek 30,247.45-50,000.00
Apartment (1 bedroom) Outside of Centre 25,842.79 Lek 20,164.97-50,000.00
Apartment (3 bedrooms) in City Centre 46,817.89 Lek 35,000.00-55,453.66
Apartment (3 bedrooms) Outside of Centre 28,443.31 Lek 15,000.00-40,329.94
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 14,190.59 Lek 11,240.23-18,580.45
Price per Square Feet to Buy Apartment Outside of Centre 8,074.52 Lek 6,503.16-9,290.23
Salaries And Financing
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Average Monthly Net Salary (After Tax) 57,500.00 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.75 3.50-6.00

These data are based on 33 entries in the past 18 months from 8 different contributors.
Last update: April 2024

Sources and References
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