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Property prices in Algeria vary significantly depending on location and property type, with apartments in Algiers averaging 180,000-240,000 DZD per square meter ($1,700-$1,800/m²).
Understanding the Algerian property market requires examining prices across major cities like Algiers, Oran, and Constantine, where costs differ substantially from rural areas that can be up to 70% cheaper per square meter.
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.
As of September 2025, Algeria's property market shows clear regional price variations, with Algiers leading at $1,700-$1,800 per square meter, while rural areas start from just $600 per square meter.
Total purchase costs including fees and taxes add 6-9% to the listed property price, and mortgage rates average 6.09% though financing remains challenging for many buyers.
| City | Price per m² (DZD) | Price per m² (USD) |
|---|---|---|
| Algiers | 180,000-240,000 | $1,700-$1,800 |
| Oran | 150,000-200,000 | $1,100-$1,500 |
| Constantine | 140,000-190,000 | $1,000-$1,400 |
| Annaba | 160,000-210,000 | $1,200-$1,600 |
| Rural Areas | 18,000-35,000 | $600-$1,000 |
What is the average property price in Algeria today for apartments, houses, and land?
Property prices in Algeria show significant variation based on type and location as of September 2025.
Apartments in Algiers, the capital city, typically cost between 180,000-240,000 DZD per square meter, which translates to approximately $1,700-$1,800 per square meter. These prices reflect the premium demanded in the country's most developed urban center.
Houses and villas command different price ranges depending on their location and quality. Detached homes and luxury villas in Algiers and other coastal cities can reach $370,000 or more for high-end properties. Mid-range houses typically fall between $125,000-$150,000, while rural homes can be purchased for $90,000 or less.
Land values vary significantly based on location, with urban and coastal areas commanding premium prices while inland and rural plots remain considerably more affordable. The dramatic price differences between urban and rural land reflect Algeria's concentrated development patterns.
It's something we develop in our Algeria property pack.
How much does the average price vary between Algiers, Oran, Constantine, and rural regions?
Regional price variations in Algeria's property market are substantial, with Algiers commanding the highest prices across all property categories.
| Location | Price Range (DZD/m²) | Price Range (USD/m²) |
|---|---|---|
| Algiers | 180,000-240,000 | $1,700-$1,800 |
| Oran | 150,000-200,000 | $1,100-$1,500 |
| Constantine | 140,000-190,000 | $1,000-$1,400 |
| Annaba | 160,000-210,000 | $1,200-$1,600 |
| Rural Areas | 18,000-35,000 | $600-$1,000 |
| Budget Markets | 18,000+ | $600+ |
What is the average price per square meter for each property type across different areas?
Price per square meter varies dramatically based on location within cities and property positioning.
In city center locations, apartments average about €96.50 per square foot, which equals approximately €1,039 per square meter. However, prices drop significantly outside city centers, where properties average €60.33 per square foot or roughly €650 per square meter.
Across Algeria's broader market, prices range from $600 to $1,800 per square meter depending on the specific city and property type. This wide range reflects the country's diverse economic development levels and urban concentration patterns.
The most expensive properties per square meter are found in prime Algiers neighborhoods like Hydra and El Madania, while the most affordable options are located in rural interior regions where development costs and demand remain lower.
What does the total cost look like including fees, taxes, and additional charges?
When purchasing property in Algeria, buyers should budget for additional costs beyond the listed property price.
Total purchase costs typically add 6-9% to the property purchase price for fees, taxes, and notary charges. This means a property listed at $150,000 would actually cost between $159,000-$163,500 when all expenses are included.
Capital gains tax on property sales is set at 5% of the sale value. Progressive income tax applies to property rental income, with higher rates for more valuable property holdings.
A wealth tax applies only when total real estate assets exceed 100,000,000 DZD, which affects primarily high-net-worth individuals and large-scale investors. Most individual property buyers will not encounter this particular tax burden.
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What are the typical mortgage rates and conditions currently available in Algeria?
Mortgage financing in Algeria presents challenges for many potential buyers, both local and foreign.
The typical local mortgage rate averages 6.09%, with a general range of 4-7% for 20-year fixed-rate loans. However, the average mortgage as a percentage of income stands at 135%, making local financing difficult for many Algerian buyers.
The loan affordability index sits at 0.74, which is considered quite low and indicates that mortgage access remains limited for average income earners. This low affordability factor significantly impacts the local buyer pool and market dynamics.
Most foreign buyers must pay cash due to limited finance access through Algerian banking institutions. This cash requirement creates a specific buyer profile in the foreign investor segment and affects overall market liquidity.
Which areas and property types offer the best value for residents in terms of affordability and amenities?
For residents prioritizing long-term livability and value, several areas stand out in Algeria's property market.
Suburban and rural regions, along with mid-sized cities like Sétif, Tlemcen, and Béjaïa, offer the best value for long-term residents due to significantly lower property prices combined with adequate amenities and infrastructure.
Within Algiers, areas like Kouba and Bab Ezzouar provide an optimal balance between reasonable pricing and connectivity to the city center. These neighborhoods offer residents access to urban amenities without paying premium city center prices.
Constantine and Annaba serve as more affordable alternatives to Algiers while still providing substantial urban amenities, employment opportunities, and cultural offerings. These cities appeal to residents seeking city living without Algiers' price premiums.
It's something we develop in our Algeria property pack.
How do average rental yields compare for short-term versus long-term rentals in Algeria's main cities?
Rental yields in Algeria's major cities show varying patterns depending on rental strategy and location.
Gross rental yields in city centers average around 3.0%, which is competitive within the regional context. Long-term rental yields typically range from 1.8% to 4.5% in major cities, with premium properties and short-term rentals in coastal or tourist regions achieving higher returns.
Current yield trends show interesting regional variations: yields are rising in Algiers due to strong demand, while they're falling in Oran where oversupply has become an issue. The Kabylie region is experiencing increasing yields due to high demand combined with limited available stock.
Short-term rentals in tourist and coastal areas generally outperform long-term rentals, particularly during peak seasons when international and domestic tourism drives higher daily rates and occupancy levels.
Which neighborhoods or cities show the most promising capital appreciation potential?
Several areas in Algeria demonstrate strong capital appreciation potential based on current market dynamics.
Algiers' prime neighborhoods, particularly Hydra and El Madania, have shown the strongest recent price gains and continue to attract premium buyers. These areas benefit from established infrastructure, proximity to business districts, and limited new supply.
Annaba is cited as having strong recent gains and appreciation potential, driven by its coastal location, port activities, and growing economic significance. New high-end and eco-friendly developments in this area show particular promise for capital appreciation.
Diaspora demand in specific Oran districts continues to drive price growth, though new development is somewhat capping appreciation rates. Smart-home and eco-friendly developments across multiple cities represent emerging appreciation opportunities as sustainability becomes more valued.
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.
Can you give concrete examples of recent purchase prices in different segments and their locations?
Recent property transactions in Algeria provide clear examples of current market pricing across different segments.
In the luxury segment, coastal villas in premium Algiers locations command $370,000 or more. These properties typically feature modern amenities, prime locations, and substantial land parcels that justify the premium pricing.
Mid-range urban properties show more regional variation: a three-bedroom apartment in Algiers typically costs around $150,000, while similar properties in Oran average $110,000 and Constantine properties average $125,000. These prices reflect the cities' relative economic importance and development levels.
Budget properties offer significant affordability, with rural houses available for $90,000 or below. Properties in far interior regions can cost substantially less, making them accessible to buyers with limited budgets or those seeking investment opportunities with lower entry costs.
Which neighborhoods are currently the most expensive, up-and-coming, and budget-friendly?
Algeria's property market shows clear segmentation between premium, emerging, and affordable areas.
The most expensive neighborhoods are concentrated in Algiers, particularly Hydra, El Madania, and the city center areas. These locations command premium prices due to their established infrastructure, business district proximity, and historical prestige.
Up-and-coming areas include new developments in Oran, eco-friendly and smart-home neighborhoods across multiple cities, and select tourist-focused zones in Annaba and the Kabylie region. These areas benefit from modern construction standards and growing demand from both domestic and diaspora buyers.
Budget-friendly options are found in cities like Sétif, Tlemcen, and Béjaïa, along with much of the rural interior. These areas offer affordable entry points for first-time buyers and investors seeking properties with growth potential as Algeria's economy develops.
How have property prices changed over the past five years and in the last year?
Algeria's property market has experienced substantial growth over the past five years, driven by multiple economic and demographic factors.
The five-year trend shows steady growth driven by urbanization, government policy changes, and population increases. Hot market segments have seen increases of 32% or more, with some specific areas experiencing growth of 225% over a decade, though these figures aren't adjusted for inflation.
The past year has shown mixed results across different markets. Some neighborhoods have experienced double-digit gains, while most urban centers have seen moderate growth. Isolated declines have occurred in oversupplied segments, particularly in certain areas of Oran where new construction has outpaced demand.
This recent price moderation reflects market maturation and policy stabilization efforts, creating a more sustainable growth environment compared to the rapid increases of previous years.
It's something we develop in our Algeria property pack.
What are price forecasts for the next 1, 5, and 10 years, and how do Algerian prices compare internationally?
Property price forecasts for Algeria show cautious optimism with regional variations expected to continue.
The one-year forecast suggests Algiers properties will rise 3-7%, especially in premium districts, while overall growth is expected to moderate due to increased supply and policy stabilization measures. This represents a more sustainable growth pattern compared to previous years.
The five-year outlook indicates modest, sustainable growth in prime cities and tourist/coastal areas. Areas with overbuilding issues, particularly certain districts in Oran, may experience stagnation or limited demand growth during this period.
The ten-year outlook remains positive, supported by longer-term urbanization trends and infrastructure investments. Well-chosen properties are likely to outperform inflation and provide steady appreciation, particularly in established urban centers and developing coastal regions.
Compared to international markets, Algerian property remains significantly undervalued. Algiers' $1,700-$1,800 per square meter is remarkably low for a capital city when compared to European or Middle Eastern peers, suggesting potential for convergence as the economy develops.
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 significant opportunities for both residents and investors, with clear price segmentation between urban centers and rural areas.
Algiers remains the premium market with strongest appreciation potential, while secondary cities and rural regions provide excellent value for budget-conscious buyers seeking long-term growth opportunities.