Property Prices in Algeria

Index Info
Price to Income Ratio: 18.41
Mortgage as Percentage of Income: 163.13%
Loan Affordability Index: 0.61
Price to Rent Ratio - City Centre: 35.48
Price to Rent Ratio - Outside of Centre: 31.88
Gross Rental Yield (City Centre): 2.82%
Gross Rental Yield (Outside of Centre): 3.14%
Rent Per Month
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Apartment (1 bedroom) in City Centre 172.89 € 102.70-309.44
Apartment (1 bedroom) Outside of Centre 105.51 € 67.14-171.91
Apartment (3 bedrooms) in City Centre 267.39 € 171.17-482.01
Apartment (3 bedrooms) Outside of Centre 173.75 € 115.45-333.73
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 116.47 € 53.59-249.70
Price per Square Feet to Buy Apartment Outside of Centre 65.57 € 31.26-132.56
Salaries And Financing
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Average Monthly Net Salary (After Tax) 266.07 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.38 5.00-7.00

These data are based on 578 entries in the past 18 months from 107 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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