Property Prices in Algeria

Index Info
Price to Income Ratio: 17.14
Mortgage as Percentage of Income: 153.00%
Loan Affordability Index: 0.65
Price to Rent Ratio - City Centre: 32.81
Price to Rent Ratio - Outside of Centre: 30.58
Gross Rental Yield (City Centre): 3.05%
Gross Rental Yield (Outside of Centre): 3.27%
Rent Per Month
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Apartment (1 bedroom) in City Centre 25,083.33 DZD 15,000.00-45,000.00
Apartment (1 bedroom) Outside of Centre 15,375.00 DZD 9,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 40,017.22 DZD 25,000.00-70,000.00
Apartment (3 bedrooms) Outside of Centre 25,862.07 DZD 18,000.00-50,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 15,827.96 DZD 7,896.69-37,160.91
Price per Square Feet to Buy Apartment Outside of Centre 9,250.03 DZD 4,645.11-18,580.45
Salaries And Financing
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Average Monthly Net Salary (After Tax) 39,378.05 DZD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.47 5.00-8.00

These data are based on 636 entries in the past 18 months from 125 different contributors.
Last update: February 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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