Property Prices in Tirana, Albania

Index Info
Price to Income Ratio: 18.09
Mortgage as Percentage of Income: 139.33%
Loan Affordability Index: 0.72
Price to Rent Ratio - City Centre: 23.02
Price to Rent Ratio - Outside of Centre: 18.18
Gross Rental Yield (City Centre): 4.34%
Gross Rental Yield (Outside of Centre): 5.50%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 51,204.28 Lek 36,585.23-80,000.00
Apartment (1 bedroom) Outside of Centre 32,983.31 Lek 22,000.00-51,447.98
Apartment (3 bedrooms) in City Centre 96,012.43 Lek 60,000.00-150,000.00
Apartment (3 bedrooms) Outside of Centre 53,378.66 Lek 40,000.00-80,030.19
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 24,339.33 Lek 17,186.92-37,160.91
Price per Square Feet to Buy Apartment Outside of Centre 11,601.36 Lek 9,290.23-14,869.97
Salaries And Financing
Average Monthly Net Salary (After Tax) 53,465.10 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.67 3.50-8.50

These data are based on 481 entries in the past 18 months from 67 different contributors.
Last update: March 2023

Sources and References
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