Property Prices in Algeria

Index Info
Price to Income Ratio: 16.14
Mortgage as Percentage of Income: 145.29%
Loan Affordability Index: 0.69
Price to Rent Ratio - City Centre: 29.98
Price to Rent Ratio - Outside of Centre: 27.60
Gross Rental Yield (City Centre): 3.34%
Gross Rental Yield (Outside of Centre): 3.62%
Rent Per Month
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Apartment (1 bedroom) in City Centre 23,016.72 DZD 15,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 14,576.60 DZD 10,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 38,722.27 DZD 25,000.00-70,000.00
Apartment (3 bedrooms) Outside of Centre 25,261.90 DZD 15,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 13,573.97 DZD 7,432.18-27,870.68
Price per Square Feet to Buy Apartment Outside of Centre 8,018.35 DZD 3,716.09-18,580.45
Salaries And Financing
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Average Monthly Net Salary (After Tax) 35,992.79 DZD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.57 4.80-10.00

These data are based on 899 entries in the past 18 months from 153 different contributors.
Last update: January 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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