Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 24.12
Mortgage as Percentage of Income: 218.31%
Loan Affordability Index: 0.46
Price to Rent Ratio - City Centre: 39.59
Price to Rent Ratio - Outside of Centre: 35.78
Gross Rental Yield (City Centre): 2.53%
Gross Rental Yield (Outside of Centre): 2.80%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 31,863.64 DZD 20,000.00-50,000.00
Apartment (1 bedroom) Outside of Centre 19,458.33 DZD 12,000.00-30,000.00
Apartment (3 bedrooms) in City Centre 54,347.83 DZD 40,000.00-85,000.00
Apartment (3 bedrooms) Outside of Centre 34,416.67 DZD 20,000.00-60,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 24,965.18 DZD 13,935.34-39,523.04
Price per Square Feet to Buy Apartment Outside of Centre 14,000.36 DZD 7,432.18-23,225.57
Salaries And Financing
Average Monthly Net Salary (After Tax) 43,470.59 DZD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.65 4.80-8.23

These data are based on 263 entries in the past 18 months from 51 different contributors.
Last update: February 2024

Sources and References
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