Property Prices in Algeria

Index Info
Price to Income Ratio: 15.61
Mortgage as Percentage of Income: 141.09%
Loan Affordability Index: 0.71
Price to Rent Ratio - City Centre: 29.15
Price to Rent Ratio - Outside of Centre: 26.72
Gross Rental Yield (City Centre): 3.43%
Gross Rental Yield (Outside of Centre): 3.74%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 23,580.09 DZD 15,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 14,547.97 DZD 10,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 38,042.43 DZD 25,000.00-70,000.00
Apartment (3 bedrooms) Outside of Centre 25,230.77 DZD 15,000.00-45,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 13,280.64 DZD 7,432.18-27,870.68
Price per Square Feet to Buy Apartment Outside of Centre 7,750.20 DZD 4,645.11-18,580.45
Salaries And Financing
Average Monthly Net Salary (After Tax) 36,252.90 DZD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.63 5.00-10.00

These data are based on 918 entries in the past 18 months from 155 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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