Legal security of investment property in Algeria

Abstract

 Real estate is regarded as the most important development destination in the field of investment. Its legislative system is complex, scattered and diverse. The main body of real estate investment is located in the so-called real estate According to the conditions and conditions stipulated in Decree No. 08-04 of September 1, 2008, real estate itself is regarded as an alternative investment to industrial, tourism, agriculture, car parks or technological car parks. The quality of the real estate development mode is to grant the concession on the state private land to complete the modified and supplemented investment projects, and to incorporate the real estate ownership as a physical right into the field of land use right The way of investment within the scope of real estate concession contract is different between consent and abandonment. Moreover, due to the continuous amendment of financial law, the legislative system of real estate investment is unstable, which leads to the instability of the system Due to the lack of legal protection in the field of real estate investment, the investment in the field of real estate investment is not smooth and the investment projects fail.