Property Prices in Tirana, Albania

Index
Price to Income Ratio:	16.43
Mortgage as Percentage of Income:	127.38%
Loan Affordability Index:	0.79
Price to Rent Ratio - City Centre:	24.87
Price to Rent Ratio - Outside of Centre:	18.96
Gross Rental Yield (City Centre):	4.02%
Gross Rental Yield (Outside of Centre):	5.27%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	36,414.05 Lek	30,000.00-50,000.00
Apartment (1 bedroom) Outside of Centre	22,592.41 Lek	17,000.00-37,148.38
Apartment (3 bedrooms) in City Centre	72,504.99 Lek	50,000.00-120,000.00
Apartment (3 bedrooms) Outside of Centre	42,848.74 Lek	30,000.00-68,105.36
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	19,235.15 Lek	13,935.34-29,910.13
Price per Square Feet to Buy Apartment Outside of Centre	8,893.19 Lek	6,967.67-11,148.27
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	46,079.90 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.75	3.75-7.00

These data are based on 470 entries in the past 18 months from 70 different contributors.
Last update: November 2020

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