Property Prices in Algeria

Index Info
Price to Income Ratio: 18.60
Mortgage as Percentage of Income: 165.60%
Loan Affordability Index: 0.60
Price to Rent Ratio - City Centre: 35.44
Price to Rent Ratio - Outside of Centre: 32.50
Gross Rental Yield (City Centre): 2.82%
Gross Rental Yield (Outside of Centre): 3.08%
Rent Per Month
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Apartment (1 bedroom) in City Centre 173.21 € 102.70-307.01
Apartment (1 bedroom) Outside of Centre 103.43 € 61.43-171.91
Apartment (3 bedrooms) in City Centre 268.34 € 170.69-479.14
Apartment (3 bedrooms) Outside of Centre 173.23 € 115.45-333.73
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 116.64 € 53.59-248.03
Price per Square Feet to Buy Apartment Outside of Centre 66.01 € 31.26-128.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 264.29 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.44 5.00-7.00

These data are based on 578 entries in the past 18 months from 114 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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