Property Prices Comparison Between Algeria and Spain

For major cities in those countries you get more relevant data by specifying cities.

City in Algeria:
City in Spain:

Index	Algeria	Spain
Price to Income Ratio:	18.75	8.11
Mortgage as Percentage of Income:	166.97%	56.67%
Loan Affordability Index:	0.60	1.76
Price to Rent Ratio - City Centre:	35.05	17.45
Price to Rent Ratio - Outside of Centre:	32.11	14.27
Gross Rental Yield (City Centre):	2.85%	5.73%
Gross Rental Yield (Outside of Centre):	3.11%	7.01%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Algeria Edit	Spain Edit	Difference
Apartment (1 bedroom) in City Centre	177.31 €	960.69 €	+441.8 %
Apartment (1 bedroom) Outside of Centre	105.74 €	721.46 €	+582.3 %
Apartment (3 bedrooms) in City Centre	270.19 €	1,568.20 €	+480.4 %
Apartment (3 bedrooms) Outside of Centre	175.11 €	1,083.47 €	+518.7 %
Buy Apartment Price	Algeria Edit	Spain Edit
Price per Square Feet to Buy Apartment in City Centre	117.26 €	325.61 €	+177.7 %
Price per Square Feet to Buy Apartment Outside of Centre	66.33 €	193.09 €	+191.1 %
Salaries And Financing	Algeria Edit	Spain Edit
Average Monthly Net Salary (After Tax)	263.47 €	1,720.33 €	+552.9 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	6.44	3.54	-45.0 %
Last update:	June 2024	June 2024
Contributors in the past 12 months:	111	904

Country data (source The World Bank, 2024)	Algeria	Spain
GDP Per Capita (PPP) ($) :	11,200.00	40,200.00
GDP Growth Rate:	3.20	5.77
Population Growth Rate:	1.62	0.12

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