Property Prices in Turkey

Index
Price to Income Ratio:	8.17
Mortgage as Percentage of Income:	132.56%
Loan Affordability Index:	0.75
Price to Rent Ratio - City Centre:	18.71
Price to Rent Ratio - Outside of Centre:	16.68
Gross Rental Yield (City Centre):	5.34%
Gross Rental Yield (Outside of Centre):	6.00%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,598.96 TL	1,000.00-2,820.97
Apartment (1 bedroom) Outside of Centre	1,003.26 TL	650.00-1,500.00
Apartment (3 bedrooms) in City Centre	2,739.09 TL	1,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre	1,724.45 TL	1,000.00-3,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	593.19 TL	325.16-1,114.83
Price per Square Feet to Buy Apartment Outside of Centre	332.23 TL	185.80-650.32
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	3,046.38 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	15.47	10.00-25.00

These data are based on 3940 entries in the past 18 months from 613 different contributors.
Last update: November 2020
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