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As of September 2025, Algiers property prices average 60,000-120,000 DZD per square meter (approximately $1,770/m²), making it Algeria's most expensive real estate market. The Algiers property market shows strong demand driven by urban migration, economic growth, and government housing initiatives, with luxury neighborhoods like Hydra and El Madania commanding premium prices while emerging areas like Bab El Oued offer better value for investors.
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Algiers property prices range from 60,000-120,000 DZD per square meter depending on location and property type, with most expensive areas being Hydra, El Madania, and El Biar. Total purchase costs including fees add 3.67%-9.51% to property values, while rental yields in prime areas reach 6-8% annually.
| Property Type | Average Price per m² | Typical Total Cost (100m²) |
|---|---|---|
| Modern Apartments (Central) | 80,000-120,000 DZD | 8-12 Million DZD |
| Traditional Apartments | 60,000-90,000 DZD | 6-9 Million DZD |
| Luxury Penthouses | 120,000+ DZD | 12+ Million DZD |
| Studios (Higher price/m²) | 150,000-200,000 DZD | 4.5-6 Million DZD (30m²) |
| Townhouses | 70,000-100,000 DZD | 10.5-15 Million DZD (150m²) |
| Villas (Large) | 60,000-80,000 DZD | 12-16 Million DZD (200m²) |
| Budget Properties (Outer areas) | 40,000-60,000 DZD | 4-6 Million DZD |
What's the current average price per square meter in Algiers broken down by property type?
As of September 2025, Algiers property prices average 60,000-120,000 DZD per square meter, making it Algeria's most expensive real estate market.
Modern apartments in central Algiers command 80,000-120,000 DZD per square meter, while traditional apartments range from 60,000-90,000 DZD per square meter. Luxury penthouses and high-end properties often exceed 120,000 DZD per square meter, particularly in premium neighborhoods like Hydra and El Madania.
Studios show higher price per square meter due to strong demand and limited supply, typically ranging 150,000-200,000 DZD per square meter for a 30-square-meter unit. Townhouses average 70,000-100,000 DZD per square meter, while larger villas actually show lower price per square meter at 60,000-80,000 DZD due to their size and suburban locations.
Budget properties in outer neighborhoods like El Harrach and Kouba start around 40,000-60,000 DZD per square meter, offering entry points for first-time buyers and investors seeking higher rental yields.
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How do average prices differ across key neighborhoods in Algiers?
Algiers shows dramatic price variations between neighborhoods, with premium areas commanding 2-3 times the prices of budget-friendly districts.
The most expensive neighborhoods include Hydra, El Madania, Sidi M'Hamed, El Mouradia, El Biar, and Bir Mourad Raïs, where luxury properties often exceed $2,500 per square meter (approximately 120,000+ DZD). These areas attract affluent residents and offer prime locations, modern amenities, and strong infrastructure.
Up-and-coming neighborhoods like Bab El Oued, Ben Aknoun, and parts of Kouba show strong growth potential driven by infrastructure improvements and gentrification. These areas offer balanced pricing while maintaining good appreciation prospects for investors.
Budget-friendly areas including El Harrach, outer Kouba, and El Achour provide entry points starting around $1,200-1,400 per square meter (approximately 50,000-60,000 DZD). These neighborhoods attract first-time buyers and investors seeking higher rental yields despite lower absolute prices.
Central districts maintain premium pricing due to proximity to business centers, government offices, and established amenities, while peripheral areas offer better value for money with improving connectivity and infrastructure development.
What's the typical total purchase price including all fees, taxes, and closing costs?
Property purchase costs in Algiers extend significantly beyond the listed price, with total transaction fees ranging from 3.67% to 9.51% of the property value.
| Fee Type | Percentage | Notes |
|---|---|---|
| Notary Fees | 1-3% + 17% VAT | Mandatory for all transactions |
| Registration Fees | 2.5% | Government registration |
| Publication Fees | 1% | Legal publication requirements |
| Agency Commission | 2-5% | If using real estate agent |
| Legal Documentation | 0.5-1% | Additional for foreign buyers |
| Survey and Inspection | 0.17-0.5% | Property condition assessment |
| Total Range | 3.67-9.51% | Depends on property and buyer type |
For example, purchasing a 20 million DZD apartment (approximately $150,000) requires an additional 734,000-1,902,000 DZD in transaction costs. Foreign buyers typically face higher fees due to additional documentation and legal requirements, while cash transactions may reduce some costs compared to financed purchases.
How do average purchase prices compare to one year ago and five years ago?
Algiers property prices show mixed trends with recent stabilization after significant growth periods in previous years.
Compared to 2024, Algiers property prices experienced a 7.2% average increase, though some districts saw decreases up to 14.8% after earlier surges. The market entered a stabilization phase in late 2024 and continues into 2025, with average prices settling around $1,770 per square meter.
Over the five-year period from 2020-2025, Algiers has shown strong cumulative appreciation despite year-to-year fluctuations. The market benefited from urban migration, economic growth, and government housing initiatives, with premium neighborhoods experiencing the strongest long-term gains.
Price volatility reflects broader economic factors including oil price fluctuations, inflation, and government policy changes. The stabilization in 2025 suggests market maturity and more sustainable growth patterns moving forward.
Current prices remain elevated compared to 2020 levels, though growth rates have moderated from the rapid appreciation seen in 2022-2023 when some areas experienced annual increases exceeding 15%.
What do property price forecasts suggest for the next 1, 5, and 10 years?
Algiers property market forecasts indicate moderate but steady growth over the next decade, driven by fundamental economic and demographic factors.
For 2026, experts predict 3-7% annual growth in key neighborhoods, with stabilization continuing in most other areas. Government housing programs, infrastructure investment, and economic diversification efforts support this positive outlook despite global economic uncertainties.
The five-year forecast through 2030 suggests modest but consistent appreciation driven by urban migration, rising incomes, government housing initiatives, and infrastructure development. Tourism growth and foreign investment liberalization could provide additional upward pressure on prices in prime locations.
Ten-year projections through 2035 anticipate market maturity with technology-focused developments, smart homes, and sustainability features commanding premium prices. Economic diversification away from oil dependence should provide more stable long-term growth patterns compared to historical volatility.
Factors supporting long-term appreciation include Algeria's young population, continued urbanization, government development programs, and potential for increased foreign investment as ownership rules continue liberalizing.
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Which types and areas currently offer the best value for homeowners buying to live in the property?
For homeowners planning to live in their Algiers property, the best value combines reasonable pricing with quality of life and future appreciation potential.
Traditional and modern apartments in semi-central areas like Kouba, Bab El Oued, and Ben Aknoun offer excellent value for owner-occupiers. These neighborhoods provide balanced pricing, improving infrastructure, and reasonable commuting distances to business districts while maintaining strong resale potential.
El Madania presents exceptional value for buyers seeking historical charm combined with modern amenities, attracting those wanting central location without paying premium Hydra prices. The area benefits from ongoing infrastructure improvements and cultural attractions.
Emerging peripheral neighborhoods with new development projects offer the best value for families needing larger spaces, providing modern amenities, parking, and green spaces at significantly lower costs than central areas.
Avoid purchasing in extremely high-end areas unless budget allows, as these properties may offer limited appreciation potential relative to price paid, while very peripheral areas may lack essential amenities and connectivity for daily living comfort.
Which areas and property types are most profitable for short-term vacation rentals?
Algiers short-term rental market shows strong potential in specific areas catering to business travelers, tourists, and visiting professionals.
Central neighborhoods including Hydra, El Madania, and Sidi M'Hamed command highest short-term rental rates due to proximity to business districts, government offices, and cultural attractions. Modern apartments with amenities appeal most to international visitors and business travelers.
Coastal areas and properties with Mediterranean views attract growing tourist numbers, with Algeria receiving over 2.5 million annual visitors supporting vacation rental demand. Furnished apartments with modern amenities, reliable internet, and air conditioning perform best in this market.
Properties near major hotels, conference centers, and diplomatic areas benefit from consistent business travel demand, while those close to cultural sites like the Casbah attract leisure tourists seeking authentic experiences.
Rental yields for short-term properties in prime locations reach 6-8% annually, among the region's best returns. Success requires professional management, quality furnishing, and marketing to international guests through established platforms.
It's something we develop in our Algeria property pack.
What neighborhoods or property types offer the best long-term rental yield?
Long-term rental yields in Algiers favor central and semi-central districts with strong demand from professionals, families, and students.
Central districts including Hydra, Kouba, Bab El Oued, and El Madania provide the strongest long-term rental yields at 6-8% annually. High urbanization and professional migration create consistent demand for quality rental properties in these areas.
Modern apartments with 2-3 bedrooms perform best for long-term rentals, appealing to young professionals, small families, and returning diaspora members seeking quality accommodation. Properties with parking, elevators, and modern amenities command premium rents.
Semi-central neighborhoods offer excellent yield potential due to lower purchase prices while maintaining strong rental demand from residents working in central Algiers but seeking more affordable housing options.
University areas and districts with good public transportation connectivity provide stable rental income from students and commuting professionals, though require careful tenant management and property maintenance.
Avoid very high-end properties for rental investment as luxury segment shows limited tenant pool, while extremely budget properties may attract problematic tenants and require extensive maintenance.
What buy-to-sell investment options look smartest right now?
Buy-to-sell investment strategies in Algiers should focus on areas and property types with strongest appreciation potential and market liquidity.
Central and growing districts including Hydra, El Madania, Bir Mourad Raïs, and Bab El Oued offer the smartest buy-to-sell opportunities. These areas benefit from ongoing development, infrastructure improvements, and strong demand from affluent buyers.
Modern apartments in up-and-coming neighborhoods provide better appreciation potential than large villas, as market trends favor compact, well-located properties over expensive, hard-to-sell luxury homes. Gentrifying areas offer highest growth potential for patient investors.
Properties requiring minor renovation in prime locations can offer significant value-add opportunities, particularly traditional apartments that can be modernized to meet current buyer preferences for updated kitchens, bathrooms, and technology integration.
Avoid extremely large properties or villas in peripheral areas, as these show lower liquidity and limited appreciation potential. Focus on properties appealing to growing segments like young professionals, small families, and returning diaspora members with international standards expectations.
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 example purchase prices for typical properties in Algiers?
Real property transactions in Algiers as of September 2025 demonstrate significant variation based on location, size, and condition.
| Property Type | Size | Example Price (DZD) | Example Price (USD) | Location |
|---|---|---|---|---|
| Budget Studio | 30m² | 10,000,000 | $76,000 | Central location |
| Traditional Apartment | 60m² | 15,000,000 | $114,000 | Middle-class area |
| Modern Apartment | 75m² | 20,000,000 | $152,000 | Updated amenities |
| Mid-range Apartment | 100m² | 20,000,000 | $150,000-180,000 | Semi-central |
| Luxury Villa | 250m²+ | 75,000,000-120,000,000 | $570,000-900,000+ | Prime area |
| Outer Suburb Apartment | 75m² | 10,000,000-12,000,000 | $76,000-91,000 | Peripheral location |
| Townhouse | 150m² | 25,000,000-35,000,000 | $190,000-266,000 | Suburban area |
These examples reflect September 2025 market conditions and include variations based on specific location within neighborhoods, property condition, and available amenities.
How do Algiers property prices compare with other Mediterranean or North African capitals?
Algiers property prices position favorably compared to regional capitals, offering better value than many Mediterranean cities while providing competitive rental yields.
At approximately $1,770 per square meter average, Algiers costs less than Casablanca, Morocco ($1,800-2,200/m²) and significantly less than European Mediterranean cities. Tunis, Tunisia ranges $1,200-1,600/m², while Cairo, Egypt varies $900-1,300/m² in new suburbs with much higher prices in premium areas.
Rental yields in Algiers reach 6-8% annually in prime areas, among the highest in the region and significantly better than most European Mediterranean markets where yields typically range 3-5%. This makes Algiers attractive for income-focused investors despite higher purchase prices than some neighbors.
Algiers offers better political stability and economic prospects than many regional competitors, with government initiatives supporting property market development and foreign investment liberalization creating additional appeal for international buyers.
The city's infrastructure development, Mediterranean coastline, and cultural attractions provide similar lifestyle benefits to more expensive regional capitals while maintaining more affordable entry points for international property investors.
What factors are driving price changes in Algiers real estate market today?
Multiple economic, demographic, and policy factors drive current price trends in Algiers property market.
Urban migration creates the strongest demand pressure, with professionals and young people moving to Algiers for employment opportunities. Rising GDP growth at 4% in 2023 with strong outlook through 2025 supports property demand as incomes increase and residents invest in real estate.
Government housing programs including AADL3 aim to deliver 1.4 million new homes, potentially affecting supply dynamics while infrastructure investment improves connectivity and neighborhood desirability. Foreign investment liberalization and eased ownership rules for non-citizens increase international buyer interest.
Tourism growth with over 2.5 million annual visitors supports short-term rental demand and coastal property values, while rising foreign direct investment ($360M in Q1 2024) in construction and infrastructure adds upward price pressure.
Technology trends favor smaller, energy-efficient apartments with smart home features, creating premium demand for modern properties. Sustainability initiatives align with growing buyer preferences for eco-friendly buildings and energy-efficient systems.
Supply constraints in desirable areas, combined with construction cost increases and land scarcity in central locations, support price stability despite market maturation and government efforts to increase housing supply.
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.
Algiers property market in September 2025 offers compelling opportunities for both homeowners and investors, with average prices around $1,770 per square meter providing regional value while delivering strong rental yields of 6-8% in prime areas.
Success in this market requires understanding neighborhood dynamics, transaction costs, and emerging trends toward modern, efficient properties that appeal to Algeria's growing urban professional class and international visitor market.
Sources
- Sands of Wealth - Average House Price in Algeria
- Sands of Wealth - Algeria Price Forecasts
- Sands of Wealth - House Price Algeria
- Sands of Wealth - Algeria Real Estate Forecasts
- Sands of Wealth - Algeria Real Estate Trends
- Numbeo - Property Prices in Algiers
- EstimationQS - House Price Per Square Metre in Algeria
- MLS Worldwide - Properties for Sale in Algeria