Property Prices in Adana, Turkey

Index Info
Price to Income Ratio: 5.38
Mortgage as Percentage of Income: 188.45%
Loan Affordability Index: 0.53
Price to Rent Ratio - City Centre: 13.17
Price to Rent Ratio - Outside of Centre: 11.29
Gross Rental Yield (City Centre): 7.60%
Gross Rental Yield (Outside of Centre): 8.86%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,594.13 TL 11,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 8,896.68 TL 7,500.00-12,000.00
Apartment (3 bedrooms) in City Centre 22,666.67 TL 16,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 16,153.02 TL 12,000.00-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,654.43 TL 2,694.17-4,614.69
Price per Square Feet to Buy Apartment Outside of Centre 2,043.24 TL 650.32-3,296.21
Salaries And Financing
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Average Monthly Net Salary (After Tax) 28,504.50 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 35.00 20.00-47.00

These data are based on 58 entries in the past 18 months from 9 different contributors.
Last update: January 2025

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