Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 9.35
Mortgage as Percentage of Income: 186.31%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 17.07
Price to Rent Ratio - Outside of Centre: 18.30
Gross Rental Yield (City Centre): 5.86%
Gross Rental Yield (Outside of Centre): 5.47%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,786.67 TL 2,800.00-6,000.00
Apartment (1 bedroom) Outside of Centre 2,411.96 TL 1,500.00-4,000.00
Apartment (3 bedrooms) in City Centre 6,371.43 TL 4,500.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 4,102.94 TL 2,500.00-8,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,272.10 TL 696.77-2,322.56
Price per Square Feet to Buy Apartment Outside of Centre 872.46 TL 464.51-1,393.53
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,169.46 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 19.50 12.00-29.88

These data are based on 463 entries in the past 12 months from 101 different contributors.
Last update: August 2022

Sources and References
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