Property Prices in Algiers, Algeria

Index Info
Price to Income Ratio: 23.23
Mortgage as Percentage of Income: 198.54%
Loan Affordability Index: 0.50
Price to Rent Ratio - City Centre: 39.85
Price to Rent Ratio - Outside of Centre: 36.80
Gross Rental Yield (City Centre): 2.51%
Gross Rental Yield (Outside of Centre): 2.72%
Rent Per Month
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Apartment (1 bedroom) in City Centre 202.97 € 120.00-350.00
Apartment (1 bedroom) Outside of Centre 125.93 € 67.80-200.24
Apartment (3 bedrooms) in City Centre 366.50 € 266.49-600.00
Apartment (3 bedrooms) Outside of Centre 225.72 € 135.63-341.58
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 164.18 € 114.28-249.70
Price per Square Feet to Buy Apartment Outside of Centre 93.77 € 63.00-152.58
Salaries And Financing
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Average Monthly Net Salary (After Tax) 298.85 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.93 3.50-6.50

These data are based on 224 entries in the past 18 months from 43 different contributors.
Last update: February 2025

Sources and References
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