NUMBEO

Property Prices in Turkey

Index Info
Price to Income Ratio: 9.09
Mortgage as Percentange of Income: 123.27%
Loan Affordability Index: 0.81
Price to Rent Ratio - City Centre: 19.15
Price to Rent Ratio - Outside of Centre: 16.52
Gross Rental Yield (City Centre): 5.22%
Gross Rental Yield (Outside of Centre): 6.05%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,291.34 TL 700.00-2,000.00
Apartment (1 bedroom) Outside of Centre 752.11 TL 450.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,333.60 TL 1,200.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,331.33 TL 750.00-2,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 502.11 TL 232.26-929.02
Price per Square Feet to Buy Apartment Outside of Centre 250.01 TL 139.35-464.51
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,227.77 TL
Mortgage Interest Rate in Percentages (%), Yearly 12.42 10.00-15.00

These data are based on 2285 entries in the past 12 months from 385 different contributors.
Last update: September 2017
Our data for each country are based on all entries from all cities in that country.

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By City in Turkey

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Ankara 6.92 5.37 5.73 18.62 17.45 92.91 1.08
Antalya 7.25 4.97 5.35 20.11 18.71 93.56 1.07
Bursa 5.53 5.42 6.62 18.46 15.12 85.15 1.17
Istanbul 12.15 4.55 5.51 21.99 18.16 165.71 0.60
Izmir 8.99 4.98 5.90 20.09 16.96 117.20 0.85
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