Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 26.18
Mortgage as Percentage of Income: 231.39%
Loan Affordability Index: 0.43
Price to Rent Ratio - City Centre: 42.01
Price to Rent Ratio - Outside of Centre: 37.23
Gross Rental Yield (City Centre): 2.38%
Gross Rental Yield (Outside of Centre): 2.69%
Rent Per Month
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Apartment (1 bedroom) in City Centre 216.50 € 135.31-333.73
Apartment (1 bedroom) Outside of Centre 133.56 € 80.00-202.61
Apartment (3 bedrooms) in City Centre 350.66 € 233.54-578.45
Apartment (3 bedrooms) Outside of Centre 235.00 € 136.83-342.57
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 176.03 € 114.28-263.94
Price per Square Feet to Buy Apartment Outside of Centre 99.78 € 63.00-154.94
Salaries And Financing
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Average Monthly Net Salary (After Tax) 283.54 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.35 4.80-8.23

These data are based on 254 entries in the past 18 months from 43 different contributors.
Last update: July 2024

Sources and References
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