Property Prices in Boumerdes, Algeria

Index Info
Price to Income Ratio: 20.91
Mortgage as Percentage of Income: 165.59%
Loan Affordability Index: 0.60
Price to Rent Ratio - City Centre: 30.56
Price to Rent Ratio - Outside of Centre: 26.96
Gross Rental Yield (City Centre): 3.27%
Gross Rental Yield (Outside of Centre): 3.71%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 25,000.00 DZD 20,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 14,500.00 DZD 14,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 35,000.00 DZD 30,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 22,500.00 DZD 20,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 13,935.34 DZD
Price per Square Feet to Buy Apartment Outside of Centre 7,432.18 DZD
Salaries And Financing
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Average Monthly Net Salary (After Tax) 27,500.00 DZD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.00

These data are based on 13 entries in the past 18 months from 2 different contributors.
Last update: February 2021

Sources and References
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