Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 24.39
Mortgage as Percentage of Income: 218.09%
Loan Affordability Index: 0.46
Price to Rent Ratio - City Centre: 39.83
Price to Rent Ratio - Outside of Centre: 35.88
Gross Rental Yield (City Centre): 2.51%
Gross Rental Yield (Outside of Centre): 2.79%
Rent Per Month
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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 53,181.82 DZD 35,000.00-85,000.00
Apartment (3 bedrooms) Outside of Centre 34,181.82 DZD 20,000.00-60,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 24,879.99 DZD 13,935.34-37,160.91
Price per Square Feet to Buy Apartment Outside of Centre 13,998.66 DZD 7,432.18-23,225.57
Salaries And Financing
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Average Monthly Net Salary (After Tax) 42,893.94 DZD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.49 4.80-8.23

These data are based on 260 entries in the past 18 months from 50 different contributors.
Last update: March 2024

Sources and References
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