Property Prices in Algiers, Algeria

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Index Info
Price to Income Ratio: 23.26
Mortgage as Percentage of Income: 198.82%
Loan Affordability Index: 0.50
Price to Rent Ratio - City Centre: 42.62
Price to Rent Ratio - Outside of Centre: 36.87
Gross Rental Yield (City Centre): 2.35%
Gross Rental Yield (Outside of Centre): 2.71%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 192.29 € 120.00-350.00
Apartment (1 bedroom) Outside of Centre 123.39 € 67.80-200.24
Apartment (3 bedrooms) in City Centre 364.46 € 233.92-600.00
Apartment (3 bedrooms) Outside of Centre 223.77 € 135.63-341.52
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 170.09 € 111.48-256.04
Price per Square Feet to Buy Apartment Outside of Centre 92.53 € 55.74-128.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 303.84 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.93 3.50-6.50

These data are based on 232 entries in the past 18 months from 44 different contributors.
Last update: March 2025

Sources and References
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