Property Prices in Korce, Albania

Index
Price to Income Ratio:	8.89
Mortgage as Percentage of Income:	70.43%
Loan Affordability Index:	1.42
Price to Rent Ratio - City Centre:	16.97
Price to Rent Ratio - Outside of Centre:	18.40
Gross Rental Yield (City Centre):	5.89%
Gross Rental Yield (Outside of Centre):	5.44%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	33,002.31 Lek	25,000.00-49,006.94
Apartment (1 bedroom) Outside of Centre	23,068.52 Lek	12,000.00-39,205.55
Apartment (3 bedrooms) in City Centre	30,000.00 Lek
Apartment (3 bedrooms) Outside of Centre	20,000.00 Lek
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	8,825.72 Lek	7,432.18-10,219.25
Price per Square Feet to Buy Apartment Outside of Centre	6,596.06 Lek	5,574.14-7,617.99
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	46,666.67 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.00

These data are based on 18 entries in the past 18 months from 4 different contributors.
Last update: September 2024

Sources and References

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	15,500.00
GDP Growth Rate:	4.86%
Population Growth Rate:	0.19%