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

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Last Updated on March 12, 2024 by admin

Square Metre Prices in Algeria for Buying an Existing Home

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

Algeria Luxury Villa with Swimming Pool in Tipaza Douaouda (1)

Newly Built 6 Room Luxury Villa with Swimming Pool (GF -230m2) in Tipaza Douaouda Algeria – Price 90 million dinars

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.

A 3-bedroom apartment with 2 bathrooms in Oran. Housed in a 5-storey apartment block built in 2017, consisting of a courtyard and ASBIS (Advanced Security Building Intercom Systems), two bedrooms, bedroom ensuite, open plan kitchen and living room, automated remote controlled curtains, double glazed windows, central heating and air conditioning, fully equipped kitchen with stove, hood, microwave, refrigerator and washing machine. Total price includes furniture. Gross floor area of 75m2, total cost 12,000,000 DZD, which converts to 160,000 DZD per square metre.

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A 3-bedroom apartment with one bathroom in Osama, Oran. Gross floor area of 79m2, total cost 7,800,000 DZD, which converts to 98,734 DZD per square metre.

A multi-storey  8-bedroom house with 2 bathrooms in Oran. Gross floor area of 120m2, residential lot/plot size 261m2, total cost 44,000,000 DZD, which converts to 366,667 DZD per square metre.

A 4-bedroom apartment with one bathroom in Draria. Gross floor area of 90m2, total cost 2,000,000 DZD, which converts to 22,222 DZD per square metre.

A 7-bedroom luxury house with 4 bathrooms in Bir El Djir, situated on elevated ground with mountain views. Gross floor area of 251m2, total cost 80,000,000 DZD, which converts to 318,725 DZD per square metre.

A 2-bedroom apartment with one bathroom in Bab Ezzouar. Gross floor area of 75m2, total cost 12,000,000 DZD, which converts to 160,000 DZD per square metre.

A three storey duplex building for commercial or office space. Gross floor area of 479m2, total cost 90,000,000 DZD, which converts to 187,891 DZD per square metre.

Ikeria Listings:

Villas:

A 4-storey luxury villa in El Biar,Algiers. With garden, garage, indoor and outdoor parking for four vehicles, servants living quarters, outdoor kitchen and swimming pool on residential lot/plot size 630m2. Total gross floor area of 800m2, total price 420,000,000 dinars, which converts to 525,000 dinars per square metre.

A 3-storey luxury villa in Cheraga.  With courtyard for double car parking, beautiful palm tree garden, mezzanine floor, attic, garage, boiler room and office space. The main kitchen, living and dining are situated on the ground floor including a separate toilet and mini-kitchen. Two bedroom suites and living space occupy the terraced first floor. Attic space is on the second floor. Total gross floor area of 300m2, total price 260,000,000 dinars, which converts to 866,667 dinars per square metre.

A 4-storey luxury villa with elegantly styled architecture in Tipaza, Douaouda. Property has courtyard and four levels with terraces and balconies overlooking the palm tree gardens. Fully fitted kitchen, tiled floors and bathroom. Total gross floor area of 260m2, total price 80 million dinars, which converts to 307,692 dinars per square metre.

A  4-room luxury villa in Douaouda. Gated and secured residence of high quality material specifications, includes a garage and garden. Total gross floor area of 265m2, total price 58,500,000 dinars, which converts to 220,755 dinars per square metre.

A 2-storey luxury villa in Fouka/Kolea. Includes 3 bedrooms, courtyard, garage and bathrooms on the ground floor. The first floor has 3 bedrooms and  living room facing the terrace. Total gross floor area of 213m2, total price 30 million dinars, which converts to 140,845 dinars per square metre.

A  2-storey luxury villa in Saoula. 4 room house with kitchen, living room, bathroom, garage and garden on the ground floor. The upper floor houses a studio overlooking the terrace. Total gross floor area of 210m2, total price 39 million dinars, which converts to 185,714 dinars per square metre.

A newly built 4-storey luxury villa in Boumerdes. Includes a garden, triple car underground parking and two-bedroom basements. The ground floor has 2 bedrooms, kitchen, living room, and bathroom. The first floor has 4 bedrooms and one bathroom. The second floor has 2 bedrooms facing the terrace. Total gross floor area of 240m2, total price 40 million dinars, which converts to 166,667 dinars per square metre.

A 3-storey luxury villa in Birtouta. With triple car garage and backyard garden on the ground floor. The first floor has 3 rooms including a living room, bathroom and fully fitted kitchen. The second floor has 3 rooms, bathroom, laundry, fully fitted kitchen and terrace. Including HVAC installations and hot water tanks. Total gross floor area of 300m2, total price 62 million dinars, which converts to 206,667 dinars per square metre.

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Duplex House:

Type F4 duplex house in Cheraga. Four storey duplex with 3 big rooms, 2 bathrooms, fully fitted kitchen and double car parking. Total gross floor area of 276m2, selling for 250,000 dinars per square metre.

Type F2 duplex house in El Achour, Agiers. Three storey duplex  with a bedroom, dressing room, bathroom, fully fitted kitchen and living room facing the balcony. Total gross floor area of 96m2, selling for 20 million dinars, which converts to 208,333 dinars per square metre.

Type F5 duplex house in Birkhadem. Duplex with 4 big rooms, fully fitted kitchen, bathroom, double car parking and terrace. Total gross floor area of 190m2, selling for 53 million dinars, which converts to 278,947 dinars per square metre.

Type F6 duplex house in Edimco, Bejaia. Located in the CBD, with 4 bedrooms overlooking the balcony, 2 bathrooms, fully fitted kitchen facing the balcony and 2 living rooms overlooking the balcony. Including HVAC installation. Total gross floor area of 210m2, selling for 25 million dinars, which converts to 119,048 dinars per square metre.

Type F8 duplex house in Ramdane, Djamel, Skikda. The fifth floor has a kitchen, bathroom, toilets, living room and 2 rooms with balconies. The sixth floor has a kitchen, bathroom, toilets, living room, 4 rooms and 2 balconies. The seventh floor is a terrace with 2 x 2000 litres hot water tanks. Total gross floor area of 320m2, selling for 25 million dinars, which converts to 78,125 dinars per square metre.

Type F8 luxury duplex house in Ramdane, Djamel. Three-level space on 5th, 6th and 7th floors. First level has a bedroom, open plan kitchen next to living room, toilets, balconies with aluminium windows, 2 x built-in cupboards 3 x air conditioners, 13 radiators, wifi, landline and TNT. The second level has 5 rooms and a bathroom. The third floor is a spacious terrace affording a landscape view of the surroundings. On this level, a water filter system consisting of 2 x water cisterns, 2 x suppressors and filter is installed, including air conditioners, water boiler and lift. Total gross floor area of 320m2, selling for 35 million dinars, which converts to 109,375 dinars per square metre.

 

Simplex Apartment:

An F5 simplex apartment in Bejaia. With 3 bedrooms, kitchen, living room, bathroom, toilet and 2 x balconies. Gross floor area of 135m2, selling for $16,900,000, which converts to 125,185 dinars per square metre.

An F3 simplex apartment in Zemmouri El Bahri, Boumerdes. Gross floor area of 68m2, property selling for 750,000 dinars, which converts to 11,029 dinars per square metre.

A housing project in Amaadane, Oued Ghir, Bejaia composed of 175 simplex apartments with 2 housing units per level, built on sloping land, Type F2 to F8 duplex units, each unit containing a partially fitted kitchen and pantry. The apartments are equipped with elevators, intercom security system and private basement parking. All housing units built for 90,000 dinars per m2 as shown below. A down payment of 5000 dinars per square metre is required to secure a reservation. The housing instalment payment plan is flexible, allowing 5,15,20,25 and 35% in instalments.

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An F2 simplex apartment in Bejaia, Oued Ghir. Gross floor area of 59.08m2, selling price 5,317,200 dinars, which converts to 90,000 dinars per square metre.

An F2 simplex apartment in Bejaia, Oued Ghir. Gross floor area of 59.17m2, selling price 5,325,300 dinars, which converts to 90,000 dinars per square metre.

60.79m2, selling for 5,471,100 dinars

68.48m2, selling for 6,163,200 dinars

68.50m2, selling for 6,165,000 dinars

An F3 simplex apartment in Bejaia, Oued Ghir.

78.03m2, selling for 7,022,700 dinars

80.95m2, selling for 7,191,000 dinars

81.85m2, selling for 7,366,500 dinars

82.96m2, selling for 7,466,400 dinars

83.78m2, selling for 7,540,200 dinars

84.50m2, selling for 7,605,000 dinars

85.25m2, selling for 7,672,500 dinars

96.32m2, selling for 8,668,800 dinars

134.46m2, selling for 12,101,400 dinars

136.59m2, selling for 12,290,400 dinars

An F4 simplex apartment in Bejaia, Oued Ghir.

78.54m2, selling for 7,068,600 dinars

78.55m2, selling for 7,069,500 dinars

78.62m2, selling for 7,075,800 dinars

98.73m2, selling for 8,885,700 dinars

99.49m2, selling for 8,954,100 dinars

100.29m2, selling for 9,026,100 dinars

100.58m2, selling for 9,052,200 dinars

101.20m2, selling for 9,108,000 dinars

101.36m2, selling for 9,122,400 dinars

102.18m2, selling for 9,196,200 dinars

102.30m2, selling for 9,207,000 dinars

119.27m2, selling for 10,734,300 dinars

120.22m2, selling for 10,819,800 dinars

120.41m2, selling for 10,836,900 dinars

House Price Per Square Metre in Algeria – Overview

From the Tables and Charts below, it can be seen that the price of residential dwellings in Algeria varies by type of property, the quality, size and age of the building.

House Price Per Square Metre in Algeria_Groups

House Price Per Square Metre in Algeria – Groups

House Price Per Square Metre in Algeria_Ascending Order

House Price Per Square Metre in Algeria – Ascending Order

Excluding extreme outliers (special cases), the cheapest dwelling you can buy in Algeria is a simplex apartment, ranging from 90,000 to 125,185 dinars per square metre.

The most expensive dwelling you can buy in Algeria is a luxury villa, ranging from 140,845 to 866,667 dinars per square metre.

The price of duplex houses in Algeria ranges from 78,125 to 278,947 dinars per square metre.

Apartments with 2,3 and 4 bedrooms will cost you somewhere from 98,734 to 176,471 dinars per square metre.You may find prices in the outlier range, special cases like 16,000 DZD and 22,222 dinars per square metre.

Detached houses with front, side or backyard gardens are good for those who need more privacy and space. There are 2,3 and 4 bedroom houses, which range in price from 130,208 to 165,628 dinars per square metre and above. You might be lucky to find a house in the cheaper outlier range, for example a 3 bedroom house selling for 49,449 dinars per square metre.

Luxury private houses, for example a 7 and 8 bedroom house will cost you 209,059 to 318,725 dinars per square metre.

The overall price range of dwellings in Algeria is 78,125 to 866,667 dinars per square metre, excluding special cases in the outlier range.

House Price Per Square Metre in Algeria_Table

House Price Per Square Metre in Algeria – Table


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