Rental Yields in Albania are Poor to Moderate

December 20, 2022

Last Updated: Sept. 19, 2022
TIRANA - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Tirana (all locations)
Studio €55,000 €340 7.42%
1-Bedroom €85,000 €400 5.56%
2-Bedroom €97,000 €450 5.57%
3-Bedroom €140,000 €600 5.14%
4+Bedroom €180,000 €1,000 6.67%
Tirana avg. Rental Yields 6.09%
DURESS - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Duress (all locations)
Studio €28,000 €188 8.05%
1-Bedroom €52,000 €200 4.62%
2-Bedroom €65,000 €250 4.62%
3-Bedroom €120,000 €300 3.00%
4+Bedroom €185,000 €350 2.27%
Duress avg. Rental Yields 4.51%
VLORE - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Vlore (all locations)
Studio €48,000 €200 5.00%
1-Bedroom €65,000 €250 4.62%
2-Bedroom €75,000 €300 4.80%
Vlore avg. Rental Yields 4.81%
SKHÖDER - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Skhöder (all locations)
Studio €36,000 €171 5.69%
1-Bedroom €50,000 €188 4.51%
2-Bedroom €65,000 €200 3.69%
3-Bedroom €73,000 €213 3.51%
Skhöder avg. Rental Yields 4.35%
FIER - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Fier (all locations)
Studio €29,500 €128 5.21%
1-Bedroom €44,000 €145 3.96%
2-Bedroom €55,000 €154 3.35%
Fier avg. Rental Yields 4.17%
ELBASAN - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Elbasan (all locations)
Studio €30,000 €128 5.12%
1-Bedroom €35,000 €145 4.98%
2-Bedroom €46,826 €171 4.38%
Elbasan avg. Rental Yields 4.82%
SARANDE - Apartments COST (€) YIELD (p.a.)
TO BUY MONTHLY RENT
Sarande (all locations)
Studio €60,000 €162 3.24%
1-Bedroom €69,000 €300 5.22%
2-Bedroom €88,000 €300 4.09%
Sarande avg. Rental Yields 4.18%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

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The city average rental yield in Tirana is at 6.09% with it ranging between 5.14% to 7.42.

Other cities in Albania produce lower yields than the capital city. In Duress, the rental returns are between 2.27% and 8.05%, Vlore yields fall between 4.80% to 5.00%, Skhöder yields fall between 3.51% to 5.69%, in Fier, you can expect rental yields from 3.35% to 5.21%, Elbasan produces yields of 4.38% to 5.12%, and Sarande can yield you between 3.24% and 5.22%

Round trip transaction costs are very low in Albania. See our Property transaction costs analysis for Albania and Property transaction costs in Albania, compared to the rest of Europe.