Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 26.02
Mortgage as Percentage of Income: 238.89%
Loan Affordability Index: 0.42
Price to Rent Ratio - City Centre: 33.12
Price to Rent Ratio - Outside of Centre: 32.28
Gross Rental Yield (City Centre): 3.02%
Gross Rental Yield (Outside of Centre): 3.10%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 32,250.00 DZD 25,000.00-50,000.00
Apartment (1 bedroom) Outside of Centre 20,532.46 DZD 15,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 59,678.57 DZD 40,000.00-90,000.00
Apartment (3 bedrooms) Outside of Centre 36,827.59 DZD 30,000.00-60,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 21,921.51 DZD 16,722.41-32,515.79
Price per Square Feet to Buy Apartment Outside of Centre 13,412.76 DZD 9,290.23-20,438.50
Salaries And Financing
Average Monthly Net Salary (After Tax) 36,548.39 DZD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.83 6.00-8.00

These data are based on 275 entries in the past 18 months from 47 different contributors.
Last update: July 2021

Sources and References
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