Market Overview 2024
Constantine has a particular real estate market marked by:
- A mountainous relief limiting building land
- High urban density in the city center
- Significant student demand thanks to prestigious universities
Key Indicators
- +12% on the prices of new apartments since 2022
- Average price per m²: 80,000 - 120,000 DA (depending on location)
- Student rental: 15,000 DA/month on average
Preferred Investment Zones
- Zouaghi District:
- Upscale residential area
- Prices reaching 150,000 DA/m²
- City Center:
- Apartments with high rental yield
- Proximity to services and universities
- Old Medina:
- Renovation opportunities
- Tourist potential
Expert Advice
“Student housing offers stable returns throughout the academic year”
- Leila Bouhejla, Real Estate Professional (15 years of experience)
Market Challenges
- Few plots available
- Transport difficulties in certain areas
- Infrastructure needs
Outlook
- New bridge projects
- Development of residential towers
- Old Town Restoration Program
Investment advice:
- Choose small units (studios, 2 bedrooms) for easier rentals
- Use new real estate financing programs
- Prioritize safety and convenience when choosing locations
For detailed reports on:
- Current real estate projects
- Analysis of investments in student housing
- Real estate listings available