Algeria: Proposed increase in real estate advertising tax for 2027

The 2027 Finance Bill (PLF 2027) in Algeria introduces a proposal to raise the real estate advertising tax from its current 1% rate to 2.5%, marking a 150% increase. This adjustment to the Registration Code would significantly impact the cost of property registrations. For instance, a property valued at 10 million dinars would see its associated tax rise from 100,000 to 250,000 dinars. According to the proposed amendment in Article 35, the new rate would apply to various real estate transactions and judicial decisions regarding the transfer of real rights. Exemptions have been outlined for real estate acquisitions made by banks under Islamic finance schemes, as well as for credit facilities designated for commercial, industrial, agricultural, or professional investments.