Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 9.73
Mortgage as Percentage of Income: 209.65%
Loan Affordability Index: 0.48
Price to Rent Ratio - City Centre: 13.13
Price to Rent Ratio - Outside of Centre: 13.23
Gross Rental Yield (City Centre): 7.62%
Gross Rental Yield (Outside of Centre): 7.56%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 8,722.26 TL 6,000.00-12,512.40
Apartment (1 bedroom) Outside of Centre 5,862.32 TL 3,500.00-10,000.00
Apartment (3 bedrooms) in City Centre 14,981.48 TL 10,000.00-24,000.00
Apartment (3 bedrooms) Outside of Centre 9,923.08 TL 7,000.00-15,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 2,273.75 TL 1,765.14-3,716.09
Price per Square Feet to Buy Apartment Outside of Centre 1,529.39 TL 975.47-2,601.26
Salaries And Financing
Average Monthly Net Salary (After Tax) 10,515.76 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 21.22 12.00-35.00

These data are based on 528 entries in the past 12 months from 82 different contributors.
Last update: June 2023

Sources and References
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