Property Prices in Tirana, Albania

Index Info
Price to Income Ratio: 15.92
Mortgage as Percentage of Income: 135.92%
Loan Affordability Index: 0.74
Price to Rent Ratio - City Centre: 22.33
Price to Rent Ratio - Outside of Centre: 17.29
Gross Rental Yield (City Centre): 4.48%
Gross Rental Yield (Outside of Centre): 5.78%
Rent Per Month
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Apartment (1 bedroom) in City Centre 54,832.62 Lek 49,006.94-80,000.00
Apartment (1 bedroom) Outside of Centre 37,157.33 Lek 30,000.00-50,000.00
Apartment (3 bedrooms) in City Centre 106,425.60 Lek 78,411.10-176,486.75
Apartment (3 bedrooms) Outside of Centre 64,835.99 Lek 50,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 25,695.47 Lek 18,580.45-36,422.84
Price per Square Feet to Buy Apartment Outside of Centre 12,842.22 Lek 10,219.25-16,722.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 65,128.86 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.91 3.50-9.00

These data are based on 366 entries in the past 18 months from 51 different contributors.
Last update: November 2024

Sources and References
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