Property Prices in Balikesir, Turkey

Index Info
Price to Income Ratio: 6.85
Mortgage as Percentage of Income: 141.88%
Loan Affordability Index: 0.70
Price to Rent Ratio - City Centre: 7.78
Price to Rent Ratio - Outside of Centre: 7.18
Gross Rental Yield (City Centre): 12.85%
Gross Rental Yield (Outside of Centre): 13.92%

Your contribution can make a real impact on our data quality.

Do you live in Balikesir? Add data for Balikesir

Also, consider looking into aggregate data for Average in Turkey

Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 13,750.00 TL 7,500.00-20,000.00
Apartment (1 bedroom) Outside of Centre 10,000.00 TL 6,000.00-14,000.00
Apartment (3 bedrooms) in City Centre 28,000.00 TL 20,000.00-36,000.00
Apartment (3 bedrooms) Outside of Centre 20,500.00 TL 15,000.00-26,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 2,297.48 TL 2,272.40-2,322.56
Price per Square Feet to Buy Apartment Outside of Centre 1,547.14 TL 1,514.93-1,579.34
Salaries And Financing
Average Monthly Net Salary (After Tax) 15,094.68 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 20.33 17.00-24.00

These data are based on 18 entries in the past 18 months from 3 different contributors.
Last update: March 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far