Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 10.27
Mortgage as Percentage of Income: 424.47%
Loan Affordability Index: 0.24
Price to Rent Ratio - City Centre: 14.96
Price to Rent Ratio - Outside of Centre: 14.51
Gross Rental Yield (City Centre): 6.68%
Gross Rental Yield (Outside of Centre): 6.89%
Rent Per Month
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Apartment (1 bedroom) in City Centre 17,300.00 TL 14,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 11,969.70 TL 9,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 29,491.19 TL 20,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 21,102.94 TL 15,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,121.94 TL 2,922.21-6,967.67
Price per Square Feet to Buy Apartment Outside of Centre 3,487.39 TL 2,410.45-4,645.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 22,562.50 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 41.33 24.00-50.00

These data are based on 337 entries in the past 12 months from 53 different contributors.
Last update: April 2024

Sources and References
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