Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 23.55
Mortgage as Percentage of Income: 206.01%
Loan Affordability Index: 0.49
Price to Rent Ratio - City Centre: 41.08
Price to Rent Ratio - Outside of Centre: 35.85
Gross Rental Yield (City Centre): 2.43%
Gross Rental Yield (Outside of Centre): 2.79%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 202.26 € 122.07-350.00
Apartment (1 bedroom) Outside of Centre 128.13 € 67.19-200.24
Apartment (3 bedrooms) in City Centre 357.90 € 233.54-600.00
Apartment (3 bedrooms) Outside of Centre 233.08 € 136.83-341.58
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 167.12 € 114.28-256.04
Price per Square Feet to Buy Apartment Outside of Centre 93.55 € 63.49-128.02
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 297.86 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.22 3.50-8.00

These data are based on 238 entries in the past 18 months from 39 different contributors.
Last update: November 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far