New real estate projects are gaining popularity in Algeria’s major cities. Modern apartments in Algiers, Oran, Mostaganem, and Béjaïa meet the latest building standards with secure environments, parking, elevators, and energy-efficient designs.

These developments offer legal safety and often attract diaspora buyers looking for turnkey investments. However, new units are 15–50% more expensive than old ones and tend to be located in growing suburbs rather than established neighborhoods. They are best suited for young families or long-term investors seeking comfort and peace of mind.

Older homes, on the other hand, remain highly attractive for their central locations, larger spaces, and negotiable prices. They are often close to schools, transport, and local markets, offering a vibrant community life.

However, they may require renovations and involve complex paperwork due to outdated property titles. Still, for those seeking immediate housing or short-term rental income, old properties represent a smart, budget-friendly choice.