Property Prices in Annaba, Algeria

Index Info
Price to Income Ratio: 13.21
Mortgage as Percentage of Income: 111.29%
Loan Affordability Index: 0.90
Price to Rent Ratio - City Centre: 23.39
Price to Rent Ratio - Outside of Centre: 20.42
Gross Rental Yield (City Centre): 4.28%
Gross Rental Yield (Outside of Centre): 4.90%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 194.65 $ 156.59-243.23
Apartment (1 bedroom) Outside of Centre 125.35 $ 111.85-138.99
Apartment (3 bedrooms) in City Centre 299.86 $ 292.22-312.73
Apartment (3 bedrooms) Outside of Centre 203.93 $ 184.14-219.17
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 86.29 $ 65.03-96.98
Price per Square Feet to Buy Apartment Outside of Centre 49.64 $ 45.19-55.42
Salaries And Financing
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Average Monthly Net Salary (After Tax) 276.91 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.75 5.00-6.50

These data are based on 29 entries in the past 18 months from 5 different contributors.
Last update: March 2024

Sources and References
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