Property Prices in Ankara, Turkey

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Index Info
Price to Income Ratio: 8.91
Mortgage as Percentage of Income: 420.81%
Loan Affordability Index: 0.24
Price to Rent Ratio - City Centre: 11.41
Price to Rent Ratio - Outside of Centre: 11.00
Gross Rental Yield (City Centre): 8.76%
Gross Rental Yield (Outside of Centre): 9.09%
Rent Per Month
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Apartment (1 bedroom) in City Centre 28,153.85 TL 25,000.00-35,000.00
Apartment (1 bedroom) Outside of Centre 20,375.00 TL 16,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 42,764.71 TL 36,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 28,375.00 TL 20,000.00-35,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 6,055.23 TL 5,574.14-7,432.18
Price per Square Feet to Buy Apartment Outside of Centre 4,080.92 TL 2,753.16-5,574.14
Salaries And Financing
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Average Monthly Net Salary (After Tax) 30,629.86 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 47.25 36.00-60.00

These data are based on 155 entries from 37 contributors over the past 18 months.
Last update: April 2025

Sources and References
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