Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 26.11
Mortgage as Percentage of Income: 239.77%
Loan Affordability Index: 0.42
Price to Rent Ratio - City Centre: 33.46
Price to Rent Ratio - Outside of Centre: 31.00
Gross Rental Yield (City Centre): 2.99%
Gross Rental Yield (Outside of Centre): 3.23%
Rent Per Month
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Apartment (1 bedroom) in City Centre 33,826.09 DZD 25,000.00-50,000.00
Apartment (1 bedroom) Outside of Centre 21,227.27 DZD 17,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 60,740.74 DZD 40,000.00-90,000.00
Apartment (3 bedrooms) Outside of Centre 36,846.15 DZD 30,000.00-50,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 22,919.32 DZD 16,722.41-32,515.79
Price per Square Feet to Buy Apartment Outside of Centre 13,122.45 DZD 9,290.23-20,438.50
Salaries And Financing
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Average Monthly Net Salary (After Tax) 37,142.86 DZD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.83 6.00-8.00

These data are based on 251 entries in the past 18 months from 42 different contributors.
Last update: April 2021

Sources and References
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