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Everything you need to know before buying real estate is included in our Algeria Property Pack
Algeria's property market offers diverse price points across the country, with significant variations between major cities and emerging areas.
As of September 2025, apartment prices in Algiers range from 60,000 to 120,000 DZD per square meter, while Oran and Constantine offer more affordable options at 40,000-80,000 DZD and 30,000-60,000 DZD per square meter respectively.
If you want to go deeper, you can check our pack of documents related to the real estate market in Algeria, based on reliable facts and data, not opinions or rumors.
Property prices in Algeria vary significantly by location, with Algiers commanding the highest prices at 60,000-120,000 DZD per square meter, followed by Oran and Constantine.
Transaction costs add approximately 3.67-9.51% to the total purchase price, while emerging areas like Tizi Ouzou show strong growth potential for investors.
| City | Price Range (DZD/sqm) | Total Cost for 100sqm (DZD) |
|---|---|---|
| Algiers (City Center) | 100,000-120,000 | 10,000,000-12,000,000 |
| Algiers (Suburbs) | 60,000-80,000 | 6,000,000-8,000,000 |
| Oran | 40,000-80,000 | 4,000,000-8,000,000 |
| Constantine | 30,000-60,000 | 3,000,000-6,000,000 |
| Emerging Cities | 18,000-40,000 | 1,800,000-4,000,000 |
| Rural Areas | Below 18,000 | Below 1,800,000 |
What are the average prices per square meter for different property types across Algeria?
Apartment prices in Algeria vary significantly depending on location and property type.
In Algiers, apartments command the highest prices at 60,000-120,000 DZD per square meter, which translates to approximately $475-950 per square meter. Oran follows with 40,000-80,000 DZD per square meter, while Constantine offers more affordable options at 30,000-60,000 DZD per square meter.
Smaller cities like Sétif, Béjaïa, and Tlemcen present budget-friendly alternatives with prices ranging from 18,000-40,000 DZD per square meter. Houses and detached properties typically command premiums in city suburbs, usually pricing at the upper end of local apartment ranges.
Land prices are generally lower than apartments or houses, particularly in rural zones where properties often fall below 18,000 DZD per square meter, though these areas suffer from limited liquidity and resale demand.
How do prices vary between major cities and emerging locations?
Price variations between Algeria's major cities reflect significant regional economic disparities.
Algiers maintains its position as the most expensive market with prices of 60,000-120,000 DZD per square meter. Oran, as the second-largest city, offers more moderate pricing at 40,000-80,000 DZD per square meter, making it attractive for investors seeking better value.
Constantine, Algeria's third-largest city, provides affordable options at 30,000-60,000 DZD per square meter. Emerging areas like Tizi Ouzou and Tichy show strong growth potential with current pricing below major cities but expectations for future increases.
City center locations typically command premiums of up to 40% compared to suburbs or emerging districts. Rural and secondary towns offer the lowest prices at 18,000-35,000 DZD per square meter, though with limited growth prospects.
What is the total cost for a standard 100 square meter property including all fees?
The total cost of property acquisition in Algeria extends beyond the purchase price to include various fees and taxes.
| Cost Component | Percentage of Property Value | Example for 9M DZD Property |
|---|---|---|
| Property Purchase Price | 100% | 9,000,000 DZD |
| Registration Tax | 1.5-2.5% | 135,000-225,000 DZD |
| Notary Fees | 1-2% | 90,000-180,000 DZD |
| Transfer Tax | 0.5-1% | 45,000-90,000 DZD |
| Administrative Fees | 0.67-4.01% | 60,300-360,900 DZD |
| Total Additional Costs | 3.67-9.51% | 330,300-855,900 DZD |
For a 100 square meter apartment in Algiers priced at 90,000 DZD per square meter, the total cost including all fees ranges from 9,330,300 to 9,855,900 DZD.
How have property prices changed over the past five years?
Algeria's property market has experienced moderate growth over the past five years with regional variations.
From 2019 to 2024, Algiers recorded price increases of 10-20%, reflecting its status as the capital and economic center. Oran and Constantine showed more modest growth of 5-15%, while emerging coastal areas experienced stronger appreciation of 15-25%.
Key drivers include ongoing urbanization, infrastructure investment projects, currency fluctuations affecting purchasing power, and political and economic headwinds that have influenced market sentiment. Rural areas have seen minimal appreciation or slight declines due to limited demand and economic opportunities.
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What were the price movements in the past year?
The Algerian property market has shown signs of stabilization over the past year with modest growth in select areas.
Most cities experienced stable conditions or very slight increases, with Algiers central areas recording year-on-year growth of 2-5%. Oran and emerging areas saw modest increases, while other regions maintained stability.
Market characteristics include a more balanced environment with inventory increases of 30% in some neighborhoods, which has helped slow further price growth. This stabilization period follows several years of more rapid appreciation and suggests a maturing market.
The slower growth pace reflects improved market balance between supply and demand, providing more opportunities for buyers to negotiate and find suitable properties without the pressure of rapidly rising prices.
What are the forecasts for property prices in Algeria?
Property price forecasts for Algeria suggest continued but modest growth across different time horizons.
For 2026, experts predict 0-3% growth in major cities, with up to 7% increases possible in select emerging areas that benefit from new infrastructure or economic development. The five-year outlook suggests 10-20% appreciation in leading cities, with higher growth potential in new development zones.
The ten-year forecast presents best-case scenarios of 25-40% increases in prime locations, with more conservative estimates of 15-25% growth in established cities. These projections depend on economic stability, infrastructure development, and population growth patterns.
Emerging areas near major cities or along new transportation corridors may outperform these averages, while rural areas are expected to continue lagging behind urban markets.
How do Algerian property prices compare to other North African cities?
Algeria's property prices position the country competitively within the North African regional market.
Algiers, at approximately $1,770 per square meter in 2025, costs less than Tunis but more than budget segments in Casablanca, while remaining below Cairo's luxury market averages. This mid-tier pricing makes Algeria attractive for regional investors seeking value.
The regional positioning provides Algeria with advantages in terms of rental yields, which often exceed those available in more expensive North African markets. Foreign investors find Algeria offers better returns compared to saturated markets in neighboring countries.
Algeria's competitive pricing, combined with its large domestic market and strategic location, positions it as an emerging opportunity within the regional real estate landscape.
What financing options are available and how do they affect costs?
Mortgage financing in Algeria remains limited, particularly for foreign investors, affecting the effective cost of property acquisition.
Standard mortgage rates hover around 8% for qualified domestic borrowers, with limited access for foreigners. Most property transactions occur through cash purchases, which eliminates financing costs but requires substantial upfront capital.
When financing is available, the total cost per square meter increases significantly over the loan lifetime due to interest payments. For example, a 20-year mortgage at 8% interest nearly doubles the effective cost of the property.
The limited financing options mean that cash buyers have significant advantages in negotiations and market access, while those requiring financing face restricted choices and higher overall costs.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Algeria versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
What are the key considerations for owner-occupiers versus rental investors?
Property buyers in Algeria face different considerations depending on whether they plan to live in the property or rent it out.
Owner-occupiers should prioritize urban centers for reliable resale value and city living amenities, while suburbs offer better value for money in terms of space, though with slower growth prospects. Location proximity to work, schools, and services becomes crucial for daily life quality.
Rental investors should focus on Algiers, Oran, and Annaba city centers where high rental demand generates yields of 5-8%. Short-term rental opportunities exist in coastal or tourist growth spots with potentially higher returns.
The trade-off between yield and growth varies by location, with Oran typically offering higher yields than Algiers, while coastal and student districts often outperform other segments. Investors must balance immediate rental income against long-term appreciation potential.
It's something we develop in our Algeria property pack.
Which areas offer the best investment potential for resale?
Several areas in Algeria show strong potential for property appreciation and profitable resale opportunities.
Oran presents excellent opportunities with strong rental yields and growth potential, while Tizi Ouzou represents an emerging market with significant upside. Coastal projects and new infrastructure corridors offer promising investment prospects for medium-term gains.
Modern apartments, smart homes, and coastal properties represent the most attractive property types for resale potential. City-center units in major cities maintain strong demand and liquidity.
Areas to avoid for investment purposes include rural towns, legacy properties without modern amenities, and locations without planned infrastructure upgrades. These segments typically offer limited appreciation potential and resale challenges.
Infrastructure development projects, university expansions, and tourism development plans can significantly impact future property values in their vicinity.
What are typical real-world price examples across different market segments?
Real property prices in Algeria demonstrate the significant variation between locations and property types.
| Location | Property Type | Price per sqm (DZD) |
|---|---|---|
| Algiers City Center | Luxury Apartment | 120,000 |
| Algiers Suburbs | Mid-tier Apartment | 60,000 |
| Oran Coastal | Modern Apartment | 180,000-200,000 |
| Constantine | Standard Apartment | 45,000 |
| Tizi Ouzou | New Development | 35,000-50,000 |
| Rural Areas | Basic Housing | Below 18,000 |
These examples illustrate how location, property condition, and amenities significantly influence pricing across Algeria's real estate market.
What are the smartest property strategies for different investment goals?
Successful property investment in Algeria requires matching strategy to specific goals and market conditions.
For owner-occupiers planning to live in the property, choosing locations with city proximity ensures better resale value, amenities, and family services. Algiers and Oran prime areas suit higher budgets, while suburbs or mid-tier cities offer better price-to-space ratios.
Rental investors should target coastal Algerian cities, university districts, and city centers where tenant demand remains strong. Modern buildings with amenities command rental premiums and attract quality tenants.
Property flippers should focus on infrastructure growth corridors, coastal tourism development areas, and emerging urban zones positioned for future development. These strategies require careful market timing and local expertise.
All strategies benefit from prioritizing locations with existing infrastructure, diversified demand from both local and expatriate populations, and consulting local experts for transaction navigation and legal compliance.
It's something we develop in our Algeria property pack.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Algeria's property market offers diverse opportunities across different price segments and locations, from affordable emerging areas to premium urban centers.
Success in this market requires understanding local conditions, transaction costs, and matching investment strategy to specific goals whether for residence or investment purposes.