Market Overview
Algiers, Algeria’s bustling capital, offers a high-demand real estate market, especially in upscale neighborhoods like Hydra, El Biar, and Ben Aknoun. Property prices here are among the highest in the country, driven by:
- High demand for luxury apartments with sea views.
- Government-led urban development projects (e.g., Bab Ezzouar, Sidi Abdellah).
- Strong rental market for expats and diplomats.
Investment Opportunities
- Luxury coastal residences (e.g., Club des Pins, Ain Taya).
- New urban developments in the suburbs (e.g., Dar El Beïda, Rouïba).
- Historic properties in the Casbah (for renovation projects).
Who Should Invest?
- High-net-worth individuals seeking premium properties.
- Investors interested in long-term rental income.