Property Prices in Shkoder, Albania

Index
Price to Income Ratio:	8.14
Mortgage as Percentage of Income:	64.44%
Loan Affordability Index:	1.55
Price to Rent Ratio - City Centre:	18.64
Price to Rent Ratio - Outside of Centre:	17.90
Gross Rental Yield (City Centre):	5.37%
Gross Rental Yield (Outside of Centre):	5.59%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	30,455.60 Lek	25,000.00-39,366.79
Apartment (1 bedroom) Outside of Centre	29,175.03 Lek	28,000.00-30,000.00
Apartment (3 bedrooms) in City Centre	30,000.00 Lek
Apartment (3 bedrooms) Outside of Centre	29,000.00 Lek
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	9,160.16 Lek
Price per Square Feet to Buy Apartment Outside of Centre	8,454.11 Lek
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	58,250.99 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 5 different contributors.
Last update: December 2024

Sources and References

Nearby cities:

Property Prices in Lezhe	25.09 miles
Property Prices in Shengjin	28.76 miles
Property Prices in Milot	36.74 miles
Property Prices in Puke	36.81 miles
Property Prices in Lac	37.36 miles
Property Prices in Mamurras	42.42 miles
Property Prices in Rubik	45.38 miles
Property Prices in Fushe-kruje	47.95 miles
Property Prices in Kruje	52.12 miles
Property Prices in Rreshen	53.46 miles

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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%