Property Prices in Turkey

Index
Price to Income Ratio:	8.63
Mortgage as Percentage of Income:	149.65%
Loan Affordability Index:	0.67
Price to Rent Ratio - City Centre:	16.37
Price to Rent Ratio - Outside of Centre:	17.62
Gross Rental Yield (City Centre):	6.11%
Gross Rental Yield (Outside of Centre):	5.67%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	2,118.42 TL	1,200.00-3,500.00
Apartment (1 bedroom) Outside of Centre	1,341.68 TL	800.00-2,300.00
Apartment (3 bedrooms) in City Centre	3,755.02 TL	2,000.00-7,500.00
Apartment (3 bedrooms) Outside of Centre	2,345.43 TL	1,300.00-4,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	697.91 TL	371.61-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre	473.07 TL	269.42-929.02
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,652.21 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	16.72	10.68-25.00

These data are based on 1551 entries in the past 18 months from 408 different contributors.
Last update: June 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References

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Sources and References:

• Turkey - Globalpropertyguide

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By City in Turkey