Authored by the expert who managed and guided the team behind the Algeria Property Pack
Yes, the analysis of Algiers' property market is included in our pack
As of September 2025, property prices in Algiers are stabilizing after significant growth in 2024, with current average prices around $1,770 per square meter. The Algiers real estate market shows mixed signals, with premium neighborhoods like Hydra and El Madania continuing to appreciate while other areas experience price corrections due to increased inventory.
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.
Algiers property market in September 2025 shows price stabilization at $1,770/sqm average, with premium areas still growing 3-7% annually while affordable districts offer better value for money.
Rental yields remain low at 2.4-3.2%, making Algiers less attractive for income-focused investors compared to other regional markets, though certain neighborhoods show potential for capital appreciation.
| Market Aspect | Current Status (Sept 2025) | Investment Recommendation |
|---|---|---|
| Average Property Price | $1,770/sqm citywide | Fair pricing after 2024 correction |
| Annual Price Growth | 3-7% in premium areas | Moderate but stable appreciation |
| Rental Yields | 2.4-3.2% gross yield | Below regional averages |
| Best Value Areas | El Harrach, Kouba ($1,200-1,400/sqm) | Strong entry-level opportunities |
| Premium Growth Areas | Hydra, El Madania (5-7% growth) | Good for capital appreciation |
| Transaction Speed | Fast in prime urban zones | Strong liquidity in quality areas |
| Main Risks | Low yields, bureaucracy, financing | Cash buyers have advantage |
What are current property prices in Algiers across different neighborhoods?
Property prices in Algiers vary dramatically by neighborhood, with premium areas commanding over $2,500 per square meter while affordable districts offer properties from $1,200 per square meter.
In upscale neighborhoods like Hydra, El Biar, and Bir Mourad RaĂŻs, property prices exceed $2,500 per square meter due to limited stock, heritage value, and strong international demand. These areas represent the top tier of the Algiers property market.
Mid-range neighborhoods typically price properties between $1,400 and $2,000 per square meter, offering a balance between location quality and affordability. The citywide average sits at $1,770 per square meter, equivalent to 60,000-120,000 DZD per square meter.
Affordable areas like El Harrach, Kouba, and El Achour offer the best value for money, with prices ranging from $1,200 to $1,400 per square meter. These neighborhoods attract first-time buyers and investors seeking rental income opportunities.
Apartments in the city center average around €170 ($180) per square meter, while properties outside the center cost approximately €100 ($106) per square meter, reflecting the premium for central locations.
How have property prices changed in the short term over the last year?
The Algiers property market experienced mixed price movements in 2024, with an overall increase of 7.2% followed by corrections in some areas as inventory levels rose.
After strong growth throughout 2024, certain neighborhoods saw price declines of up to 14% in late 2024 and early 2025 as increased supply met softening demand. This correction primarily affected areas that had experienced rapid speculation-driven growth.
Premium neighborhoods maintained their price stability better, with areas like Hydra and El Madania showing continued resilience due to limited supply and sustained high-end demand. These established districts proved more resistant to market volatility.
The price correction has created opportunities for buyers who were previously priced out of certain areas, particularly in mid-range neighborhoods that experienced the most significant inventory increases.
As of September 2025, the market appears to be stabilizing at current levels, with transaction volumes recovering as prices reach more sustainable levels relative to local income levels.
What does the medium-term trend look like for property values over the past five years?
Over the past five years, Algiers property values have shown substantial growth of 10-20% in prime locations, with the most dramatic increases occurring between 2021 and 2024.
The period from 2021 to 2023 saw particularly strong appreciation as post-pandemic demand combined with limited supply pushed prices higher across most neighborhoods. Urban districts experienced the most consistent gains during this period.
Premium areas like Hydra, El Madania, and Sidi M'Hamed led the growth trend, benefiting from their established reputation, limited development opportunities, and appeal to affluent buyers. These neighborhoods consistently outperformed the broader market.
Mid-range neighborhoods experienced more volatile growth patterns, with some areas seeing rapid appreciation followed by corrections. The overall trend shows that established neighborhoods with good infrastructure maintained more consistent value growth.
The current market represents a maturation phase after several years of rapid growth, with price appreciation now more closely aligned with economic fundamentals and local income levels.
What are the long-term projections for property values in Algiers?
Long-term projections for Algiers property values from 2025 to 2030 suggest potential growth of 10-20% in leading neighborhoods, though economic and political stability will significantly influence actual outcomes.
In the best-case scenario, premium districts could see appreciation of 25-40% over the next 10 years if economic reforms succeed and political stability improves. This optimistic projection assumes continued urban development and increased foreign investment.
More conservative projections account for potential challenges including economic volatility, currency fluctuations, and regulatory changes that could limit property market growth. These factors suggest more modest appreciation rates of 5-10% annually in stable neighborhoods.
Infrastructure improvements and urban development projects will likely drive value growth in specific areas, particularly neighborhoods benefiting from new transportation links, commercial developments, and modernization initiatives.
It's something we develop in our Algeria property pack.
Which neighborhoods are currently showing the fastest price growth?
As of September 2025, the fastest price growth in Algiers is concentrated in premium neighborhoods, with Hydra, El Madania, and Sidi M'Hamed leading at 5-7% annual appreciation.
| Neighborhood | Annual Growth Rate | Main Growth Drivers |
|---|---|---|
| Hydra | 5-7% | Limited stock, heritage value, premium demand |
| El Madania | 5-7% | Luxury developments, international buyers |
| Sidi M'Hamed | 5-7% | Central business district, luxury properties |
| El Mouradia | 5-7% | Government hub, infrastructure improvements |
| Bab El Oued | 3-5% | Gentrification, new developments |
| Bir Mourad RaĂŻs | 3-5% | Family appeal, sustainable initiatives |
| Ben Aknoun | 3-5% | New developments, proximity to center |
Which areas offer the best value for buyers right now?
The best value for property buyers in Algiers is currently found in emerging neighborhoods like El Harrach, Kouba, and Bab El Oued, where prices remain affordable while showing development potential.
El Harrach offers exceptional value with prices around $1,200-1,300 per square meter, combined with improving infrastructure and growing rental demand. This area attracts both first-time buyers and rental investors seeking affordable entry points.
Kouba provides similar value propositions with slightly higher prices around $1,300-1,400 per square meter but better established amenities and transport connections. The neighborhood benefits from ongoing urban development projects.
Bab El Oued represents the best gentrification play, with current prices still reasonable but showing signs of transformation through new developments and renovation projects. Early buyers in this area could benefit from future appreciation.
These value areas offer significantly lower entry costs compared to premium neighborhoods while maintaining potential for both rental income and capital appreciation over time.
What are the average prices for apartments compared to houses, and how does this vary by area?
Apartments in Algiers generally cost less per square meter than houses, with the price differential varying significantly by neighborhood and property type.
In the city center, apartments average around €170 ($180) per square meter, while houses command premium prices often 20-30% higher due to land value and privacy benefits. Premium neighborhoods see even larger differentials between apartment and house prices.
Outside the city center, apartments cost approximately €100 ($106) per square meter, with houses showing more moderate premiums over apartment pricing. The differential is smaller in suburban areas where land is more readily available.
Upscale districts like Hydra and El Biar show the largest price gaps between apartments and houses, with houses often exceeding $3,000 per square meter while apartments in the same areas may cost $2,500 per square meter. This reflects the scarcity and desirability of private houses in prime locations.
In affordable neighborhoods like El Harrach and Kouba, the price difference between apartments and houses is minimal, typically 10-15%, making houses relatively attractive options for families seeking more space.
Don't lose money on your property in Algiers
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
How much rental income can you expect in different parts of Algiers, and what is the rental yield?
Rental yields in Algiers are relatively low compared to other regional markets, with gross yields ranging from 2.4% to 3.2% depending on location and property type.
City center properties generate gross rental yields of 2.4-3.2%, with monthly rents for one-bedroom apartments ranging from €146 to €250. These yields reflect the high property prices relative to rental income potential in prime locations.
Properties outside the city center offer slightly better yields of 2.6-3.16%, with monthly rents for one-bedroom apartments ranging from €95 to €167. The lower property acquisition costs in these areas partially offset the reduced rental income.
Short-term rental opportunities in Alger-Centre show potential for higher returns, with annual revenue reaching $9,669, average daily rates around $64, and occupancy rates near 50%. However, this requires active management and regulatory compliance.
It's something we develop in our Algeria property pack.
Compared to other African markets like Cairo or Casablanca, which offer yields around 6%, Algiers rental returns are significantly lower, making the market less attractive for income-focused investors.
How quickly are properties being sold in various neighborhoods right now?
Property transaction speeds in Algiers vary significantly by neighborhood quality and price point, with prime urban zones experiencing the fastest sales cycles.
Premium neighborhoods like Hydra, Sidi M'Hamed, and El Madania see the quickest transaction times due to strong demand and limited inventory. Well-priced properties in these areas often sell within weeks of listing.
The formal property market, concentrated in established urban areas, processes transactions more efficiently than informal markets that still dominate broader Algiers real estate activity. Buyers in formal markets benefit from clearer title processes and professional services.
Affordable and emerging areas like El Harrach and Kouba experience slower but steady transaction activity, with properties typically taking longer to sell but offering better value for buyers willing to wait for the right opportunity.
Overall market liquidity has improved in 2025 as prices stabilized and more realistic pricing attracted serious buyers, though bureaucratic processes still create delays compared to international standards.
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 budget ranges give you the best options depending on whether you want to live, rent out, or resell?
Budget requirements for Algiers property investment vary significantly based on your primary objective and target neighborhood.
| Investment Goal | Recommended Budget | Best Areas | Optimal Property Type |
|---|---|---|---|
| Living/Residence | $130,000-$300,000 | Hydra, El Biar, Ben Aknoun | Large apartments, modern houses |
| Rental Income | $100,000-$180,000 | El Harrach, Kouba, Bab El Oued | Studio/1-bedroom apartments |
| Resale/Appreciation | $150,000-$350,000 | Sidi M'Hamed, Hydra, El Madania | Refurbished historical apartments |
| Entry-level Investment | $80,000-$130,000 | El Harrach, Kouba | Small apartments, renovation projects |
| Luxury/Premium | $300,000+ | Hydra, El Biar | Large houses, penthouse apartments |
What risks or challenges are investors facing in the Algiers property market today?
Investors in the Algiers property market face several significant challenges that can impact returns and complicate transactions.
Low rental yields of 2.4-3.2% compared to high property acquisition costs represent the primary financial challenge, making income-focused investment strategies less attractive than in other regional markets. This yield-to-price relationship limits immediate return potential.
Limited access to financing, particularly for foreign investors, creates barriers to entry and requires most transactions to be completed with cash. This financing constraint limits leverage opportunities and increases required initial capital.
Bureaucratic hurdles including title registry delays, opaque property laws, and complex administrative processes can extend transaction times and create unexpected costs. Security concerns in certain areas also affect property values and rental potential.
The price-to-income ratio exceeding 25 in city center locations indicates potential affordability issues that could limit demand growth from local buyers. High annual costs and fees ranging from 3.67% to 9.51% of property value for taxes and registration add to ownership expenses.
Oversupply risks in some new developments may lead to price stagnation in affected areas, particularly where speculative building has exceeded actual demand.
If you decide to buy now, where should you focus and what property type fits best for your goal—living, renting out, or reselling?
Strategic property selection in Algiers depends on your primary investment objective and risk tolerance.
For living purposes, focus on established, safe neighborhoods like Hydra, El Biar, and Ben Aknoun that offer modern infrastructure, security, and strong resale demand. Target large apartments or modern houses that provide comfort and long-term value retention.
For rental income, prioritize affordable outer districts like El Harrach and Kouba where initial purchase prices are lower and yield potential is slightly better, though still below regional averages. Small apartments or studio units work best for rental strategies.
For resale appreciation, concentrate on neighborhoods experiencing gentrification like Sidi M'Hamed and El Madania, targeting properties with renovation potential or heritage value. Refurbished historical apartments often provide the best appreciation potential.
Cash purchases are strongly recommended for transaction speed and negotiating leverage, while local agent expertise becomes essential for navigating bureaucratic challenges and identifying genuine opportunities.
It's something we develop in our Algeria property pack.
Overall success requires prioritizing areas with strong demand, limited supply, and ongoing infrastructure improvements while factoring in Algeria's unique market challenges including low rental yields and complex administrative processes.
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.
The Algiers property market in September 2025 presents a stabilized environment with selective opportunities for different investor types.
While rental yields remain challenging, strategic buyers focusing on the right neighborhoods and property types can still find value in this emerging market.
Sources
- Sands of Wealth - Algiers Price Forecasts
- Sands of Wealth - Average House Price in Algeria
- LinkedIn - Business Insider SSA
- Numbeo - Algeria Property Investment
- Sands of Wealth - Algeria Real Estate Market
- 6W Research - Algeria Real Estate Market Outlook
- IABFM - Algeria Property Research
- Expat Exchange - Real Estate in Algiers