Property Prices in Adana, Turkey

Index Info
Price to Income Ratio: 11.97
Mortgage as Percentage of Income: 196.54%
Loan Affordability Index: 0.51
Price to Rent Ratio - City Centre: 24.84
Price to Rent Ratio - Outside of Centre: 28.92
Gross Rental Yield (City Centre): 4.03%
Gross Rental Yield (Outside of Centre): 3.46%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,229.17 TL 2,500.00-8,000.00
Apartment (1 bedroom) Outside of Centre 2,225.00 TL 1,500.00-3,500.00
Apartment (3 bedrooms) in City Centre 5,697.17 TL 3,500.00-9,500.00
Apartment (3 bedrooms) Outside of Centre 4,657.93 TL 2,500.00-8,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,611.53 TL 1,150.69-2,478.21
Price per Square Feet to Buy Apartment Outside of Centre 1,399.92 TL 863.02-2,499.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,772.50 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.70 12.00-20.00

These data are based on 94 entries in the past 18 months from 17 different contributors.
Last update: March 2023

Sources and References
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1 Comments so far
John on Oct 01, 2022:
I’m looking for properties near the water with a good price to three bedroom apartment with balconies on either side or just a single-family home with balconies