Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 6.36
Mortgage as Percentage of Income: 102.08%
Loan Affordability Index: 0.98
Price to Rent Ratio - City Centre: 17.32
Price to Rent Ratio - Outside of Centre: 16.53
Gross Rental Yield (City Centre): 5.77%
Gross Rental Yield (Outside of Centre): 6.05%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,577.54 TL 1,200.00-2,500.00
Apartment (1 bedroom) Outside of Centre 959.41 TL 700.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,630.19 TL 2,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,678.32 TL 1,100.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 535.33 TL 371.61-836.12
Price per Square Feet to Buy Apartment Outside of Centre 317.47 TL 185.80-464.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,609.45 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.29 9.90-21.00

These data are based on 650 entries in the past 12 months from 109 different contributors.
Last update: January 2021

Sources and References
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