Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 23.53
Mortgage as Percentage of Income: 218.16%
Loan Affordability Index: 0.46
Price to Rent Ratio - City Centre: 30.91
Price to Rent Ratio - Outside of Centre: 34.42
Gross Rental Yield (City Centre): 3.23%
Gross Rental Yield (Outside of Centre): 2.91%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 33,375.00 DZD 24,000.00-45,954.23
Apartment (1 bedroom) Outside of Centre 18,818.18 DZD 12,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 62,231.33 DZD 40,000.00-95,737.98
Apartment (3 bedrooms) Outside of Centre 36,833.33 DZD 25,000.00-60,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 21,251.39 DZD 13,006.32-32,515.79
Price per Square Feet to Buy Apartment Outside of Centre 13,645.02 DZD 7,432.18-27,870.68
Salaries And Financing
Average Monthly Net Salary (After Tax) 39,903.40 DZD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.95 4.80-10.00

These data are based on 250 entries in the past 18 months from 42 different contributors.
Last update: March 2023

Sources and References
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