Find out actual data about & Safety Index in Tizi-ouzou, Algeria
Index | |
---|---|
Price to Income Ratio | 16.29 |
Mortgage as Percentage of Income | 146.78% |
Loan Affordability Index | 0.68 |
Price to Rent Ratio – City Centre | 30.58 |
Price to Rent Ratio – Outside of Centre | 28.54 |
Gross Rental Yield (City Centre) | 3.27% |
Gross Rental Yield (Outside of Centre) | 3.50% |
country data (source The World Bank, 2021) | |
GDP Per Capita ($) | 11,511.00 |
GDP Growth Rate | 1.40% |
Population Growth Rate | 1.41% |
Rent Per Month in Algeria
Apartment (1 bedroom) in City Centre | 174.91$ | 110.48$ – 294.62$ |
Apartment (1 bedroom) Outside of Centre | 108.4$ | 73.65$ – 184.14$ |
Apartment (3 bedrooms) in City Centre | 281.6$ | 184.14$ – 515.58$ |
Apartment (3 bedrooms) Outside of Centre | 180.87$ | 110.48$ – 331.45$ |
Buy Apartment Price in Algeria
Price per Square Meter to Buy Apartment in City Centre | 1111.45$ | 589.24$ – 2209.64$ |
Price per Square Meter to Buy Apartment Outside of Centre | 652.71$ | 368.27$ – 1473.09$ |
Salaries And Financing in Algeria
Average Monthly Net Salary (After Tax) | 270.76$ | 0$ – 0$ |
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.59$ | 5$ – 8.23$ |
These data are based on 2779 entries in the past 28 months from 162 different contributors.
Last update: August 2023
Our data for each country is based on all entries from all cities in that country.
Property Prices in Tizi-ouzou in 2023 and 2024 Prediction
Housing costs are an important factor for quality of life in Tizi-ouzou. According to statistics, the average price per square meter of property in Tizi-ouzou is around 1111$
in the city center and 108$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 174$ per month.
Property price growth has risen in recent years, making housing less affordable. Rental yields range from 8%.
While carrying some premium over national averages, overall housing in Tizi-ouzou remains mid-range compared to similar sized cities globally.
This reduces disposable income and cost of living for residents.
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