Property Prices in Tirana, Albania

Index Info
Price to Income Ratio: 17.08
Mortgage as Percentage of Income: 142.21%
Loan Affordability Index: 0.70
Price to Rent Ratio - City Centre: 21.34
Price to Rent Ratio - Outside of Centre: 17.10
Gross Rental Yield (City Centre): 4.69%
Gross Rental Yield (Outside of Centre): 5.85%
Rent Per Month
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Apartment (1 bedroom) in City Centre 62,874.91 Lek 50,000.00-86,552.00
Apartment (1 bedroom) Outside of Centre 41,130.67 Lek 34,457.01-51,000.00
Apartment (3 bedrooms) in City Centre 121,095.66 Lek 90,000.00-180,000.00
Apartment (3 bedrooms) Outside of Centre 71,844.37 Lek 60,000.00-100,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 28,047.06 Lek 22,794.52-37,160.91
Price per Square Feet to Buy Apartment Outside of Centre 14,068.46 Lek 11,148.27-16,722.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 66,348.95 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.60 3.00-9.00

These data are based on 405 entries from 60 contributors over the past 18 months.
Last update: April 2025

Sources and References
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