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House Price Per Square Metre in Algeria – Residential Property Market Costs

Algeria is a country situated in North Africa on approximately 920,000 square miles of land. Its population of about 44 million people speaks Arabic and Berber, including French the former colonial language.  The capital city of Algeria is Algiers. There are 58 provinces with about 1541 municipalities and 40 major cities.

House prices per square metre are shown in the Algerian currency, the Dinar (DZD) as well as in foreign currencies such as the Euro and US Dollar in a few cases. A random survey of residential properties on sale in Algeria shows the following:

Mubawab House Listings:

An old and established 2-bedroom house in Seraudu, located in the CBD, with a gross floor area of 125m², total cost 130,000 Euros (20,702,890 dinars), which is 1040 Euros per square metre (165,628 dinars per m2).

An old and established three-storey 4 bedroom house in Bejaia, located on the seafront with a gross floor area of 300m², total cost 44,614,800 Dinars, which is 148,716 Dinars per square metre. The kitchen, dining and living space are on the ground floor, including a bedroom, bathroom and toilet. The first floor has 3 bedrooms, a bath, toilet and balcony. The second floor is large living space with a seafront view and terrace.

An old and established 3-bedroom house in Bou Ismail, built in French colonial style, located in a community alley on the seashore with a gross floor area of 96m2 (measuring 12 x 8 metres), total cost 12,500,000 Dinars, which is 130,208 Dinars per square metre.

An established 3-bedroom house in good condition in Ghazaouet,  one bathroom and large cellar, with a gross floor area of 145m2, total cost 45,000 Euros (7,170,169 Dinars), which is 49,449 Dinars per square metre.

An established 8-bedroom mansion in Bordj El Kiffan, located in the palm-tree lined streets of an affluent suburb, with 2 bathrooms, terrace and garden. Gross floor area of 287m2, total cost 60,000,000 Dinars, which is 209,059 Dinars per square metre.

The most popular cities searched by homebuyers in Algeria are Oran, Draria, Cheraga, Bir El Djir and Bab Ezzouar.

A 4-bedroom apartment with one bathroom in HLM Seddikia, Oran. Gross floor area of 80m2, total cost 10,800,000 DZD, which converts to 135,000 DZD per square metre.

A 3-bedroom apartment with one bathroom in Oran. Building less than 10 years old. Gross floor area of 85m2, total cost 15,000,000 DZD, which converts to 176,471 DZD per square metre. Read More...

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