Property Prices in Tirana, Albania

Index Info
Price to Income Ratio: 16.48
Mortgage as Percentage of Income: 140.70%
Loan Affordability Index: 0.71
Price to Rent Ratio - City Centre: 22.69
Price to Rent Ratio - Outside of Centre: 17.37
Gross Rental Yield (City Centre): 4.41%
Gross Rental Yield (Outside of Centre): 5.76%
Rent Per Month
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Apartment (1 bedroom) in City Centre 55,914.74 Lek 49,399.98-80,000.00
Apartment (1 bedroom) Outside of Centre 37,478.65 Lek 30,000.00-50,000.00
Apartment (3 bedrooms) in City Centre 108,280.37 Lek 79,039.96-150,000.00
Apartment (3 bedrooms) Outside of Centre 66,501.55 Lek 50,000.00-80,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 26,589.14 Lek 20,438.50-37,160.91
Price per Square Feet to Buy Apartment Outside of Centre 13,112.09 Lek 11,148.27-16,722.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 64,817.34 Lek
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.91 3.50-9.00

These data are based on 354 entries in the past 18 months from 53 different contributors.
Last update: December 2024

Sources and References
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