Property Prices in Medea, Algeria

Index Info
Price to Income Ratio: 11.72
Mortgage as Percentage of Income: ?
Loan Affordability Index: ?
Price to Rent Ratio - City Centre: 24.05
Price to Rent Ratio - Outside of Centre: 15.90
Gross Rental Yield (City Centre): 4.16%
Gross Rental Yield (Outside of Centre): 6.29%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 17,333.33 DZD 12,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 12,333.33 DZD 10,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 26,666.67 DZD 20,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 19,000.00 DZD 15,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 7,896.69 DZD 4,645.11-11,148.27
Price per Square Feet to Buy Apartment Outside of Centre 3,716.09 DZD 2,787.07-4,645.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 26,666.67 DZD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate ?

These data are based on 20 entries in the past 18 months from 4 different contributors.
Last update: January 2021

Sources and References
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