Property Prices in Tirana, Albania

Index Info
Price to Income Ratio: 17.20
Mortgage as Percentage of Income: 145.21%
Loan Affordability Index: 0.69
Price to Rent Ratio - City Centre: 21.96
Price to Rent Ratio - Outside of Centre: 17.41
Gross Rental Yield (City Centre): 4.55%
Gross Rental Yield (Outside of Centre): 5.74%
Rent Per Month
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Apartment (1 bedroom) in City Centre 60,976.56 Lek 50,000.00-90,000.00
Apartment (1 bedroom) Outside of Centre 40,073.17 Lek 30,000.00-50,000.00
Apartment (3 bedrooms) in City Centre 117,684.45 Lek 90,000.00-180,000.00
Apartment (3 bedrooms) Outside of Centre 69,888.42 Lek 59,411.77-100,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 28,024.30 Lek 22,997.87-37,160.91
Price per Square Feet to Buy Apartment Outside of Centre 13,941.41 Lek 11,148.27-16,722.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 65,661.50 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.78 4.00-9.00

These data are based on 399 entries in the past 18 months from 60 different contributors.
Last update: March 2025

Sources and References
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