Property Prices in Algeria

Index Info
Price to Income Ratio: 18.75
Mortgage as Percentage of Income: 166.97%
Loan Affordability Index: 0.60
Price to Rent Ratio - City Centre: 35.05
Price to Rent Ratio - Outside of Centre: 32.11
Gross Rental Yield (City Centre): 2.85%
Gross Rental Yield (Outside of Centre): 3.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 177.31 € 103.32-309.44
Apartment (1 bedroom) Outside of Centre 105.74 € 61.56-171.91
Apartment (3 bedrooms) in City Centre 270.19 € 170.69-482.01
Apartment (3 bedrooms) Outside of Centre 175.11 € 115.45-333.73
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 117.26 € 53.59-249.70
Price per Square Feet to Buy Apartment Outside of Centre 66.33 € 31.26-132.56
Salaries And Financing
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Average Monthly Net Salary (After Tax) 263.47 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.44 5.00-7.00

These data are based on 572 entries in the past 18 months from 111 different contributors.
Last update: June 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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