Exceptional Investment Building for Sale in Chéraga, Algiers – 1,500 sqm with Private Pool, Spa & Tourism License
Located in Chéraga, Algiers, just minutes from the city center and Garden City, this rare 7-level luxury building for sale in Algeria represents one of the most attractive real estate opportunities currently available for diaspora investors.
Offering approximately 1,500 sqm (16,145 sq ft) of built living space on a 300 sqm plot, the property was designed as a high-end vertical villa, ideal for extended families, mixed-use projects, or a turn-key hospitality investment in Algiers.
Thanks to its official tourism license issued by the Algerian Ministry of Tourism, the building can be immediately operated as a boutique hotel, serviced apartments, luxury guesthouse, spa retreat, or investment residence.
Key Features of the Property
This luxury building in Chéraga for sale spans seven levels including a basement, ground floor, and five upper floors, offering exceptional flexibility for residential, commercial, or hospitality use.
A private swimming pool is integrated into the third-floor patio, while a fully equipped wellness area includes a hammam, sauna, spa facilities, fitness room, and changing areas.
Premium finishes throughout the property include marble flooring, traditional zellige tilework, refined decorative details, and elegant ambient lighting, creating a high-end atmosphere suitable for luxury living or hospitality operations.
The building also benefits from a secure indoor garage for two vehicles and four exterior parking spaces. Its tourism accreditation legally authorizes hotel, serviced residence, spa, restaurant, or tourism-related activities, making it a prime real estate investment in Algiers.
Detailed Floor Layout
The basement level (approximately 250 sqm) is fully dedicated to wellness and can accommodate a traditional hammam, spa, sauna, gym, and changing rooms, making it ideal for a luxury spa, medical wellness center, or aesthetic clinic in Chéraga.
The ground floor (250 sqm) includes a large open space of approximately 180 sqm, offering maximum flexibility for use as a commercial unit, professional offices, medical clinic, beauty center, or independent apartment, complemented by a secure garage.
The first and second floors each host an independent F4 apartment of approximately 225 sqm, featuring generous volumes, excellent natural light, and the possibility of separate title deeds, a key advantage for resale or rental strategies.
The third, fourth, and fifth floors form a prestigious 580 sqm luxury triplex. The third floor features a sun-filled patio with a private pool, a large reception area, and a spacious kitchen. The fourth floor includes a master suite with private lounge and two additional en-suite bedrooms.
The fifth floor opens onto a 180 sqm panoramic terrace, ideal for a barbecue area, outdoor kitchen, traditional kheyma, or the creation of an additional F3 apartment.
Why This Property Is a Rare Investment Opportunity
Offered at a highly competitive price per square meter for Chéraga, this exceptional building is listed at 26 billion DZD (negotiable), positioning it among the most attractive high-end real estate investments in Algiers.
A detailed technical and financial feasibility study estimates a potential monthly revenue of up to 600 million DZD, combining accommodation, spa services, wellness treatments, and food and beverage activities.
The project qualifies for ANDI and AAPI investment incentives, including tax advantages and facilitated bank financing. The option to establish individual property titles per apartment further enhances resale, rental, and portfolio diversification strategies.
Ideal for the Algerian Diaspora
Algerians living in France, the United Kingdom, the United States, and Canada are increasingly searching for secure, high-quality real estate investments in Algiers that combine personal use with strong rental returns.
This property meets those expectations perfectly by offering multiple independent apartments, a private luxury triplex, and a legally approved structure capable of generating significant recurring income in one of Algiers’ most desirable districts.
Price: 26 Billion DZD (Negotiable)
Opportunities of this scale, quality, and legal readiness rarely appear on the Algerian real estate market. If you are looking for a flagship investment property in Algiers, this is the moment.