Property Prices in Algeria

Index Info
Price to Income Ratio: 21.70
Mortgage as Percentage of Income: 234.92%
Loan Affordability Index: 0.43
Price to Rent Ratio - City Centre: 35.57
Price to Rent Ratio - Outside of Centre: 31.93
Gross Rental Yield (City Centre): 2.81%
Gross Rental Yield (Outside of Centre): 3.13%
Rent Per Month
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Apartment (1 bedroom) in City Centre 160.69 € 102.38-333.73
Apartment (1 bedroom) Outside of Centre 98.61 € 60.00-171.91
Apartment (3 bedrooms) in City Centre 262.93 € 171.17-533.96
Apartment (3 bedrooms) Outside of Centre 172.81 € 113.81-333.73
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 111.13 € 59.15-248.03
Price per Square Feet to Buy Apartment Outside of Centre 63.06 € 31.39-124.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 216.01 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.04 6.00-9.99

These data are based on 675 entries in the past 18 months from 155 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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