Property Prices in Turkey

Index
Price to Income Ratio:	11.88
Mortgage as Percentage of Income:	242.85%
Loan Affordability Index:	0.41
Price to Rent Ratio - City Centre:	18.72
Price to Rent Ratio - Outside of Centre:	18.29
Gross Rental Yield (City Centre):	5.34%
Gross Rental Yield (Outside of Centre):	5.47%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	3,882.72 TL	2,000.00-8,045.71
Apartment (1 bedroom) Outside of Centre	2,444.27 TL	1,250.00-5,000.00
Apartment (3 bedrooms) in City Centre	7,120.99 TL	3,000.00-19,000.00
Apartment (3 bedrooms) Outside of Centre	4,399.19 TL	2,000.00-10,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,485.98 TL	696.77-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre	905.89 TL	464.51-1,858.05
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	5,419.32 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	20.06	13.25-28.00

These data are based on 3054 entries in the past 18 months from 571 different contributors.
Last update: June 2022
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