Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 10.74
Mortgage as Percentage of Income: 443.90%
Loan Affordability Index: 0.23
Price to Rent Ratio - City Centre: 15.66
Price to Rent Ratio - Outside of Centre: 15.17
Gross Rental Yield (City Centre): 6.39%
Gross Rental Yield (Outside of Centre): 6.59%
Rent Per Month
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Apartment (1 bedroom) in City Centre 17,364.86 TL 14,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 12,058.82 TL 9,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 29,520.91 TL 20,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 20,642.86 TL 15,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,374.78 TL 3,716.09-8,825.72
Price per Square Feet to Buy Apartment Outside of Centre 3,627.06 TL 2,787.07-4,645.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 22,558.82 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 41.33 24.00-50.00

These data are based on 350 entries in the past 12 months from 56 different contributors.
Last update: May 2024

Sources and References
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