Property Prices in Tirana, Albania

Index Info
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

Sources and References
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