Algeria: State-owned developer offers sea-view apartments for sale in El Kala

The National Company for Real Estate Promotion has announced the commercialization of new sea-view apartments located in El Tarf province. This real estate offering involves a project consisting of 86 free promotional housing units situated in El Moulane, within the municipality of El Kala, featuring diverse layouts and prices determined by the specific category and size of each property. Through this initiative, the public enterprise is introducing five housing categories ranging from three-room apartments to large five-room duplexes. The primary attraction of this program is its coastal location in eastern Algeria, making it appealing to families and individuals interested in purchasing property in a tourist destination. Specifically, the three-room apartments measuring 86.43 square meters are priced at over 18.69 million dinars, while the four-room units of 97.80 square meters are valued at approximately 20.78 million dinars. For larger spaces, five-room apartments spanning 123.64 square meters cost nearly 26.27 million dinars, semi-collective five-room units of 138.06 square meters are set at over 34.61 million dinars, and five-room duplex apartments covering 166.15 square meters reach 41.65 million dinars. Overall, available areas range from 86.43 to 166.15 square meters, with prices spanning between 18.69 and 41.65 million dinars based on the chosen features. The public institution invites interested citizens residing both domestically and abroad to complete their registrations through its official website. This operation falls within the regular commercial activities of the state developer, which routinely markets various real estate assets across multiple provinces, including villas, commercial shops, and service spaces.