Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 25.77
Mortgage as Percentage of Income: 224.81%
Loan Affordability Index: 0.44
Price to Rent Ratio - City Centre: 42.27
Price to Rent Ratio - Outside of Centre: 38.61
Gross Rental Yield (City Centre): 2.37%
Gross Rental Yield (Outside of Centre): 2.59%
Rent Per Month
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Apartment (1 bedroom) in City Centre 205.27 € 134.39-344.29
Apartment (1 bedroom) Outside of Centre 128.47 € 67.80-202.61
Apartment (3 bedrooms) in City Centre 353.03 € 233.54-578.45
Apartment (3 bedrooms) Outside of Centre 237.83 € 136.83-342.57
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 172.35 € 114.28-263.94
Price per Square Feet to Buy Apartment Outside of Centre 101.83 € 63.49-154.94
Salaries And Financing
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Average Monthly Net Salary (After Tax) 286.28 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.18 3.50-8.50

These data are based on 246 entries in the past 18 months from 42 different contributors.
Last update: September 2024

Sources and References
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