Property Prices in Adana, Turkey

Index Info
Price to Income Ratio: 4.99
Mortgage as Percentage of Income: 78.24%
Loan Affordability Index: 1.28
Price to Rent Ratio - City Centre: 13.54
Price to Rent Ratio - Outside of Centre: 14.36
Gross Rental Yield (City Centre): 7.38%
Gross Rental Yield (Outside of Centre): 6.96%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,187.50 TL 1,000.00-1,400.00
Apartment (1 bedroom) Outside of Centre 750.00 TL 500.00-1,100.00
Apartment (3 bedrooms) in City Centre 2,125.00 TL 1,800.00-2,500.00
Apartment (3 bedrooms) Outside of Centre 1,414.29 TL 1,100.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 325.16 TL 278.71-464.51
Price per Square Feet to Buy Apartment Outside of Centre 222.97 TL 162.58-278.71
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,954.55 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.85 9.00-20.00

These data are based on 83 entries in the past 18 months from 16 different contributors.
Last update: April 2021

Sources and References
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