Authored by the expert who managed and guided the team behind the Algeria Property Pack

Everything you need to know before buying real estate is included in our Algeria Property Pack
What do the latest numbers reveal about Oran’s real estate market? Are property prices on the rise, or are they stabilizing? Which neighborhoods offer the highest rental yields, and how does local investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Oran, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.

How this content was created 🔎📝
1) By 2025, a two-bedroom apartment in Oran will likely rent for about $500 per month
In 2025, the average monthly rent for a two-bedroom apartment in Oran is $500.
Back in 2023, renting an apartment in Oran's city center cost around 312.63 €, with prices ranging from 273.97 € to 438.56 €. This variation depended on the specific location and time of year. Meanwhile, in the suburbs, a studio apartment was about 102.24 €, with a range from 100 € to 137.18 €.
Fast forward to 2025, and the $500 rent for a two-bedroom apartment might be due to several factors. Inflation could have played a role, as well as a shift in housing demand. Improvements in Oran's local economy or infrastructure might have also contributed to the rise in rental prices.
These changes suggest that Oran is evolving, possibly becoming more attractive to renters, which can drive up costs. The city's development could be making it a more desirable place to live, impacting the rental market.
For potential buyers, understanding these dynamics is crucial. It highlights the importance of considering both current and future market trends when investing in property.
Sources: Combien Coute, Combien Coute
2) Rental yields in Oran averaged 5% to 7% in 2024
In 2024, rental yields in Oran averaged between 5% and 7%, thanks to its booming tourism and prime location.
Oran is Algeria's second-largest city, offering lower property prices than Algiers, which makes it a magnet for investors. Its central location and proximity to beautiful beaches add to its charm, especially in the bustling city center and near popular tourist spots.
The real estate market in Oran experienced a notable upswing in 2024. By June, the median sale price of a home hit $125,000, reflecting a 24.9% increase from the previous year. This surge in property values underscores a strong market, which in turn supports the attractive rental yields.
Investors are drawn to Oran not just for its affordability but also for its potential for growth. The city's strategic location and vibrant culture make it a desirable place to live and visit, further boosting its real estate appeal.
With its mix of affordability and growth potential, Oran stands out as a promising investment destination. The combination of rising property values and steady rental yields makes it an attractive option for those looking to invest in real estate.
As the city continues to develop, the demand for rental properties is expected to rise, offering investors a chance to capitalize on this growing market.
Sources: France Prêt Immobilier, Redfin

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.
3) Demand for apartments in Oran’s city center rose by 8% in 2024
In 2024, the demand for apartments in Oran’s city center increased by 8%.
One reason for this surge is the 24.9% rise in home prices in Oran by June 2024 compared to the previous year. With houses becoming pricier, many people found apartments to be a more budget-friendly choice.
Interestingly, the median sale price per square foot dropped by 13.8% from the previous year. This decrease likely made apartments more appealing, offering more space for the same amount of money.
These shifts in the market dynamics have made apartments in Oran's city center a hot commodity. As home prices soared, the affordability of apartments became a key factor for buyers.
With more people looking for cost-effective living options, the city center's apartments became a prime choice. The combination of rising home prices and falling square foot costs created a perfect storm for increased apartment demand.
In essence, the changing real estate landscape in Oran has reshaped buyer preferences, making city center apartments a sought-after option.
Source: Redfin
4) Expatriates bought at least 20% of residential properties sold in Oran in 2024
The housing market in Oran experienced a remarkable surge in 2024, with home prices jumping by 24.9% compared to the previous year.
This sharp increase in property values has caught the attention of many, including expatriates who are eyeing potential investment opportunities in the region. While buying property in Algeria involves navigating some strict regulations, expatriates are finding ways to secure the necessary approvals, allowing them to participate in Oran's real estate market.
Oran, with its vibrant culture and bustling business scene, is a magnet for both local and international buyers. The city's urban appeal, coupled with the booming real estate market, makes it an attractive option for expatriates looking to invest in 2024.
Despite the bureaucratic hurdles, the allure of owning property in such a dynamic city is strong. Expatriates are increasingly becoming a part of the buyer demographic, drawn by the promise of growth and the unique lifestyle Oran offers.
In fact, it's estimated that at least 20% of residential properties sold in Oran in 2024 were purchased by expatriates, highlighting their significant presence in the market. This trend underscores the city's growing reputation as a desirable location for international investors.
As Oran continues to develop, the interest from expatriates is likely to persist, further shaping the city's real estate landscape. The combination of cultural richness and economic potential makes Oran a compelling choice for those looking to invest in property abroad.
Sources: Aparthotel, Redfin, Sands of Wealth
5) Over 50% of new housing developments in Oran in 2024 were funded by the government
In 2024, over 50% of new housing developments in Oran were government-funded.
Algeria was in the midst of a real estate boom, with the government playing a big role. They were pouring money into modernization projects and infrastructure, which included new housing. This was part of a broader push to revamp the country's urban landscape.
Government initiatives were the backbone of Algeria's real estate market. Across the nation, urban projects, including housing developments, received substantial government backing. This support was a key reason why so many housing projects were government-funded.
In cities like Oran, there was a noticeable uptick in investments in both commercial and residential properties. These investments were appealing due to promising returns and government incentives, especially for young developers. This trend further boosted the number of government-funded housing projects.
Sources: Jacheteenalgerie, L'Amacta
Get fresh and reliable information about the market in Oran
Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.

6) Property prices near Oran’s university campuses rose by 6% in 2024
In 2024, properties near Oran's university campuses saw a 6% price increase.
Oran's housing market was booming, with the median home price reaching $125K by June 2024, a 24.9% jump from the previous year. This surge in property values likely spilled over to areas around the university campuses, making them more attractive to buyers.
The city experienced a high demand for housing, especially in urban areas. An influx of new families and students created a competitive market, driving up property values. Homes near universities were particularly sought after by students and faculty, further boosting demand in these neighborhoods.
The Algerian government played a role too, actively promoting urban development and housing initiatives. These efforts likely contributed to the increased property values around university areas, even if specific data on campus properties wasn't detailed.
Properties near universities are always a hot commodity. They offer convenience for students and faculty, making them a prime choice for those looking to invest in real estate. This trend is evident in Oran, where the proximity to educational institutions has become a key selling point.
Overall, the combination of a booming housing market, high demand, and government initiatives created a perfect storm for property price increases near Oran's university campuses. These factors together explain the 6% rise in 2024.
Sources: Sands of Wealth, Redfin
7) At least 25% of Oran’s population rented homes in 2024
In 2024, at least 25% of Oran's population lived in rented homes.
Oran's cost of living was quite affordable compared to Algiers. For example, one person needed about $505 monthly, while a family of four spent around $1262, not counting rent. This shows that rent was a big chunk of living costs, making renting a popular choice.
The real estate market in Oran had its own set of challenges. Low tenant turnover was a problem due to inefficient rental policies, which kept people from moving often. This, combined with a high demand for housing, pushed house prices up.
Because of these high prices, many found renting more practical. The demand for housing was strong, but buying wasn't always an option for everyone. Renting became the go-to for a large part of the community.
In Oran, the housing market dynamics made renting appealing. With the cost of living being manageable, but home prices high, renting was a sensible choice for many.
These factors together meant that renting was a significant trend in Oran, shaping how people chose to live in the city.
Sources: Cost of Living Comparison Between Oran, Algeria And Algiers, Algeria, Cost of Living & Prices in Oran
8) Over 30% of Oran’s housing developments in 2024 were finished by private contractors
In 2024, over 30% of Oran's housing developments were completed by private contractors.
Oran's strategic location as a coastal hub has made it a magnet for real estate interest, with private contractors seizing the opportunity to transform the landscape. These developers have been instrumental in leveraging Oran's natural advantages to create modern residential spaces that appeal to both locals and newcomers.
Take, for example, the Résidence AYA, a development that highlights how private contractors are integrating contemporary amenities to meet the growing demand for high-quality housing. This project is a testament to their ability to capitalize on the city's geographical benefits, offering residents a blend of comfort and convenience.
While exact figures weren't specified, the significant involvement of private contractors in Oran's real estate sector is clear. Their substantial share in housing developments is likely due to their strategic approach and understanding of the market's needs.
These contractors have not only contributed to the city's skyline but have also played a crucial role in shaping its future. By focusing on quality and innovation, they have managed to capture a significant portion of the housing market, setting new standards for residential living in Oran.
As Oran continues to grow, the influence of private contractors is expected to remain strong, driving further development and enhancing the city's appeal as a desirable place to live. Their ongoing projects are a reflection of their commitment to meeting the evolving demands of the real estate market.
Sources: Louni Promotion, Lamacta

We have made this infographic to give you a quick and clear snapshot of the property market in Algeria. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
9) Luxury apartment rents in Oran increased by 8% in 2024
The average rent for luxury apartments in Oran rose by 8% in 2024.
In June 2024, Oran saw a significant jump in home prices, with the median sale price increasing by 24.9% compared to the previous year, reaching $125,000. This surge in property values often pushes rental prices higher as owners aim to cover their costs and benefit from the market's growth.
Although specific data on luxury apartment rents isn't available, the overall rise in property values indicates a strong demand for housing. This demand likely includes luxury apartments, where more people are competing for limited options, driving up rental prices.
When property values climb, landlords often adjust rents to reflect their increased expenses and the market's potential. In Oran, this trend is evident as the housing market heats up, making it a competitive environment for renters.
For potential buyers, understanding these dynamics is crucial. The rising home prices and rental rates suggest a robust market, where investment opportunities might be promising but also more expensive.
As Oran's real estate landscape evolves, keeping an eye on these trends can help you make informed decisions, whether you're looking to rent or buy. The current market conditions highlight the importance of timing and strategy in property investments.
Sources: Redfin
10) In 2024, diaspora buyers accounted for over 20% of Oran’s housing transactions
In 2024, over 20% of Oran’s housing transactions were made by diaspora buyers.
Oran's real estate market is booming, thanks to its rising international reputation and tourism. The city has become a magnet for foreign property buyers, especially with the buzz around the new terminal at Ahmed Ben Bella Airport, which is set to open in March 2025. This development promises to make Oran even more accessible, drawing in more interest from abroad.
With demand on the rise and new housing developments lagging, Oran has seen moderate price increases in its real estate market. This scenario is enticing for diaspora buyers who are eyeing investment opportunities in a market that's clearly on the upswing. The Algerian government's ambitious plan to build nearly 1.4 million new homes nationwide, with Oran as a focal point, hints at a future boost in housing supply. This potential increase might be pushing diaspora buyers to invest now, before prices climb even higher.
Although specific data on diaspora buyers in Oran is scarce, the overall trend shows a growing interest from foreign buyers, including those from the diaspora. Oran's coastal properties are particularly attractive, thanks to the city's burgeoning international reputation and vibrant cultural and economic scene.
Strategic developments in Oran are catching the eye of many, with the city's allure only set to grow. The anticipation of improved infrastructure and the promise of a thriving real estate market are key factors driving this interest. For diaspora buyers, Oran represents a unique opportunity to invest in a city that's on the rise.
As Oran continues to develop, the city's appeal to foreign buyers, especially those from the diaspora, is expected to strengthen. The combination of a growing market, strategic location, and cultural richness makes Oran a compelling choice for property investment.
Sources: Sands of Wealth, Sands of Wealth
11) Building material costs in Oran rose by 11% in 2024
The cost of building materials in Oran increased by 11% in 2024.
This rise is largely due to a global surge in prices for essential materials like steel, wood, glass, and aluminum. These materials are vital for construction, and their increased costs have hit local markets hard, including Oran.
Nadir Hasnaoui from the Groupe des Sociétés Hasnaoui pointed out that steel prices have tripled, and other materials have more than doubled. This dramatic rise in costs has directly impacted construction expenses.
For anyone considering buying property in Oran, it's crucial to understand how these increased material costs affect overall construction expenses. The ripple effect of these price hikes can influence property values and availability.
Builders and developers are feeling the pinch, as they must navigate these higher costs while trying to maintain project budgets. This situation might lead to delays or changes in construction plans.
Understanding these dynamics can help potential buyers make informed decisions, especially when considering the current economic climate in Oran's real estate market.
Sources: El Watan, Les Enjeux Eco
Don't buy the wrong property, in the wrong area of Oran
Buying real estate is a significant investment. Don't rely solely on your intuition. Gather the right information to make the best decision.

12) Over 35% of residential sales in Oran in 2024 were for investment purposes
In 2024, over 35% of residential sales in Oran were driven by investment purposes.
Oran's housing market became a hotspot for investors, largely due to a 24.9% surge in median home prices, reaching $125K by June 2024. This sharp rise in property values made the area particularly appealing for those looking to capitalize on real estate investments.
Investors are always on the lookout for markets with rising property values, as they often promise lucrative returns through rental income or resale profits. Oran's market dynamics during this period were a magnet for such investment activities.
Real estate is generally seen as a solid investment, especially when property prices are climbing. In Oran, the increasing home values signaled potential for profitable returns, drawing more investors into the market.
With the market's upward trajectory, many investors saw Oran as a prime opportunity to secure assets that could yield significant future gains. This perception was bolstered by the consistent rise in property prices.
As a result, the combination of rising home values and the promise of future profits made Oran an attractive destination for real estate investors in 2024.
Sources: Redfin, Multifamily Loans
13) At least 40% of new developments in Oran in 2024 featured recreational facilities
In 2024, Oran's real estate scene experienced a notable transformation.
Developers like Groupe Hasnaoui and Selma Promotion were at the forefront, known for their modern and community-focused projects. In neighborhoods such as El Ryad and Bir El Djir, Groupe Hasnaoui introduced public facilities, including schools and sports complexes, emphasizing the creation of spaces that meet community needs. This approach highlights a strong commitment to integrating recreational facilities into their developments.
Selma Promotion's Résidence Verde is another example, featuring green spaces and leisure infrastructure. This development underscores the trend of incorporating recreational elements, making urban living more enjoyable and sustainable. The focus on high-quality living spaces with modern amenities suggests that a significant portion of new projects likely included recreational features.
Although the exact percentage of developments with recreational facilities isn't specified, the emphasis on enhancing urban living through these spaces is clear. This trend is evident in the way developers are prioritizing amenities that cater to a modern lifestyle, ensuring that residents have access to leisure and community activities.
In Oran, the push towards creating vibrant, livable communities is reflected in the design and planning of new developments. The inclusion of recreational facilities is not just a trend but a necessity for improving the quality of life in urban areas. This approach aligns with the broader movement towards sustainable and community-oriented urban planning.
Source: Lamacta
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.