Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 7.55
Mortgage as Percentage of Income: 139.17%
Loan Affordability Index: 0.72
Price to Rent Ratio - City Centre: 18.20
Price to Rent Ratio - Outside of Centre: 18.70
Gross Rental Yield (City Centre): 5.50%
Gross Rental Yield (Outside of Centre): 5.35%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,910.34 TL 1,400.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,237.69 TL 900.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,101.42 TL 2,500.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 2,002.89 TL 1,500.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 673.54 TL 464.51-929.02
Price per Square Feet to Buy Apartment Outside of Centre 447.80 TL 334.45-589.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,998.80 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.92 12.40-25.00

These data are based on 204 entries in the past 12 months from 38 different contributors.
Last update: July 2021

Sources and References
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