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
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
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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