Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 23.33
Mortgage as Percentage of Income: 199.42%
Loan Affordability Index: 0.50
Price to Rent Ratio - City Centre: 43.32
Price to Rent Ratio - Outside of Centre: 36.57
Gross Rental Yield (City Centre): 2.31%
Gross Rental Yield (Outside of Centre): 2.73%
Rent Per Month
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Apartment (1 bedroom) in City Centre 187.92 € 115.25-350.00
Apartment (1 bedroom) Outside of Centre 126.83 € 70.00-200.24
Apartment (3 bedrooms) in City Centre 365.05 € 266.49-600.00
Apartment (3 bedrooms) Outside of Centre 220.27 € 136.83-341.52
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 170.89 € 111.48-256.04
Price per Square Feet to Buy Apartment Outside of Centre 92.53 € 55.74-128.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 303.84 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.93 3.50-6.50

These data are based on 222 entries from 44 contributors over the past 18 months.
Last update: April 2025

Sources and References
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