Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 23.35
Mortgage as Percentage of Income: 206.45%
Loan Affordability Index: 0.48
Price to Rent Ratio - City Centre: 40.74
Price to Rent Ratio - Outside of Centre: 35.85
Gross Rental Yield (City Centre): 2.45%
Gross Rental Yield (Outside of Centre): 2.79%
Rent Per Month
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Apartment (1 bedroom) in City Centre 202.92 € 122.07-350.00
Apartment (1 bedroom) Outside of Centre 128.13 € 67.19-200.24
Apartment (3 bedrooms) in City Centre 363.08 € 233.92-600.00
Apartment (3 bedrooms) Outside of Centre 233.08 € 136.83-341.58
Buy Apartment Price
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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
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Average Monthly Net Salary (After Tax) 300.45 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.35 3.50-8.00

These data are based on 235 entries in the past 18 months from 39 different contributors.
Last update: December 2024

Sources and References
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