Property Prices in Turkey

Index
Price to Income Ratio:	7.66
Mortgage as Percentage of Income:	128.34%
Loan Affordability Index:	0.78
Price to Rent Ratio - City Centre:	19.02
Price to Rent Ratio - Outside of Centre:	16.95
Gross Rental Yield (City Centre):	5.26%
Gross Rental Yield (Outside of Centre):	5.90%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,531.35 TL	1,000.00-2,750.00
Apartment (1 bedroom) Outside of Centre	986.97 TL	600.00-1,614.82
Apartment (3 bedrooms) in City Centre	2,615.04 TL	1,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre	1,690.56 TL	1,000.00-3,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	576.76 TL	300.17-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre	331.63 TL	185.80-700.10
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	3,193.09 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	16.08	10.00-24.75

These data are based on 4197 entries in the past 18 months from 655 different contributors.
Last update: March 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