Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 25.55
Mortgage as Percentage of Income: 225.83%
Loan Affordability Index: 0.44
Price to Rent Ratio - City Centre: 40.20
Price to Rent Ratio - Outside of Centre: 36.91
Gross Rental Yield (City Centre): 2.49%
Gross Rental Yield (Outside of Centre): 2.71%
Rent Per Month
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Apartment (1 bedroom) in City Centre 218.37 € 144.21-333.73
Apartment (1 bedroom) Outside of Centre 135.22 € 78.05-202.61
Apartment (3 bedrooms) in City Centre 353.06 € 237.94-544.85
Apartment (3 bedrooms) Outside of Centre 227.27 € 135.97-342.57
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 169.79 € 114.28-263.94
Price per Square Feet to Buy Apartment Outside of Centre 98.14 € 63.00-154.94
Salaries And Financing
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Average Monthly Net Salary (After Tax) 282.22 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.35 4.80-8.23

These data are based on 249 entries in the past 18 months from 47 different contributors.
Last update: May 2024

Sources and References
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