Property Prices in Medea, Algeria

Index
Price to Income Ratio:	8.86
Mortgage as Percentage of Income:	70.16%
Loan Affordability Index:	1.43
Price to Rent Ratio - City Centre:	30.03
Price to Rent Ratio - Outside of Centre:	21.82
Gross Rental Yield (City Centre):	3.33%
Gross Rental Yield (Outside of Centre):	4.58%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	103.87 €
Apartment (1 bedroom) Outside of Centre	69.25 €
Apartment (3 bedrooms) in City Centre	173.11 €
Apartment (3 bedrooms) Outside of Centre	138.49 €
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	61.11 €
Price per Square Feet to Buy Apartment Outside of Centre	32.17 €
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	283.33 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.00

These data are based on 8 entries in the past 12 months from 1 different contributors.
Last update: July 2024

Sources and References

Nearby cities:

Property Prices in Blida	25.22 miles
Property Prices in Tipasa	40.78 miles
Property Prices in Algiers	53.79 miles
Property Prices in Boumerdes	73.26 miles
Property Prices in Bouira	80.46 miles
Property Prices in Lakhdaria	83.67 miles
Property Prices in Bordj Menaiel	86.82 miles
Property Prices in Chlef	93.55 miles
Property Prices in Hassi Bahbah	101.52 miles
Property Prices in Tizi Ouzou (Thizi Wezzu)	108.31 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	11,200.00
GDP Growth Rate:	3.20%
Population Growth Rate:	1.62%