Property Prices in Durres, Albania

Index Info
Price to Income Ratio: 9.33
Mortgage as Percentage of Income: 72.89%
Loan Affordability Index: 1.37
Price to Rent Ratio - City Centre: 19.78
Price to Rent Ratio - Outside of Centre: 18.15
Gross Rental Yield (City Centre): 5.06%
Gross Rental Yield (Outside of Centre): 5.51%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 36,473.13 Lek 27,533.90-42,000.00
Apartment (1 bedroom) Outside of Centre 26,875.87 Lek 24,503.47-50,000.00
Apartment (3 bedrooms) in City Centre 51,302.54 Lek 40,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 36,401.85 Lek 30,000.00-40,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 13,183.22 Lek 10,926.85-15,793.39
Price per Square Feet to Buy Apartment Outside of Centre 8,784.20 Lek 8,195.14-9,290.23
Salaries And Financing
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Average Monthly Net Salary (After Tax) 63,333.33 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.83 3.50-6.00

These data are based on 39 entries in the past 18 months from 8 different contributors.
Last update: November 2024

Sources and References
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