Property Prices in Oran, Algeria

Index Info
Price to Income Ratio: 17.26
Mortgage as Percentage of Income: 154.39%
Loan Affordability Index: 0.65
Price to Rent Ratio - City Centre: 32.19
Price to Rent Ratio - Outside of Centre: 30.47
Gross Rental Yield (City Centre): 3.11%
Gross Rental Yield (Outside of Centre): 3.28%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 204.98 € 136.18-303.62
Apartment (1 bedroom) Outside of Centre 111.53 € 101.21-137.18
Apartment (3 bedrooms) in City Centre 318.56 € 273.97-438.56
Apartment (3 bedrooms) Outside of Centre 180.48 € 139.05-221.20
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 125.52 € 124.71-126.33
Price per Square Feet to Buy Apartment Outside of Centre 65.76 € 44.54-101.06
Salaries And Financing
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Average Monthly Net Salary (After Tax) 298.28 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.50 6.50-6.50

These data are based on 46 entries in the past 18 months from 8 different contributors.
Last update: March 2024

Sources and References
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