Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 8.77
Mortgage as Percentage of Income: 362.67%
Loan Affordability Index: 0.28
Price to Rent Ratio - City Centre: 13.86
Price to Rent Ratio - Outside of Centre: 13.71
Gross Rental Yield (City Centre): 7.22%
Gross Rental Yield (Outside of Centre): 7.29%
Rent Per Month
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Apartment (1 bedroom) in City Centre 17,931.03 TL 12,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 12,420.00 TL 9,000.00-18,000.00
Apartment (3 bedrooms) in City Centre 30,000.00 TL 20,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 21,775.86 TL 15,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,876.97 TL 2,968.08-6,688.96
Price per Square Feet to Buy Apartment Outside of Centre 3,411.32 TL 2,136.75-4,645.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 25,435.48 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 41.35 25.00-50.00

These data are based on 296 entries in the past 18 months from 47 different contributors.
Last update: July 2024

Sources and References
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