Housing Finance in Algeria


This profile is also available in French here.

To download a pdf version of the full 2019 Algeria country profile, click here.

Algeria is one of the richest countries in Africa. While the supply of housing seems sufficient for high-income households and expatriate buyers, affordable housing is not yet within the reach of low-income Algerians. In fact, excess demand keeps house prices at a very high level. The housing sector still faces a number of challenges. According to a study on the price evolution in the real estate sector from 2011-2015 released by LKeria.com, an Algerian real estate expert, there is a housing deficit of one million while the number of vacant dwellings is estimated  at two million.

The State remains the main provider of housing in the property market alongside private developers. According to the Minister of Housing, Urban Planning and Urban Development, Abdelwahid Temmar, over the period 1999-2018, 3.6 million homes were built at a cost of DA 5 788 billion (US$ 48.7 million) of which DA 4 615 billion (US$ 38.8 million) has already been spent. The involvement of private property developers remains limited, since the government is the main landowner. Most of the dwellings come from state housing programmes, although they are sometimes entrusted to private developers or companies.

Find out more information on the housing finance sector of Algeria, including key stakeholders, important policies and housing affordability:

Each year, CAHF publishes its Housing Finance in Africa Yearbook. The profile above is from the 2019 edition, which has up-to-date profiles for 55 African countries.

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