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Property Prices in Bursa, Turkey
| Index |  |
|---|---|
| Price to Income Ratio: | 5.65 |
| Mortgage as Percentange of Income: | 123.65% |
| Loan Affordability Index: | 0.81 |
| Price to Rent Ratio - City Centre: | 16.04 |
| Price to Rent Ratio - Outside of Centre: | 15.49 |
| Gross Rental Yield (City Centre): | 6.24% |
| Gross Rental Yield (Outside of Centre): | 6.46% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 850.00 TL | |
| Apartment (1 bedroom) Outside of Centre | 605.56 TL | |
| Apartment (3 bedrooms) in City Centre | 1,730.77 TL | |
| Apartment (3 bedrooms) Outside of Centre | 1,107.69 TL | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 292.64 TL | |
| Price per Square Feet to Buy Apartment Outside of Centre | 191.48 TL | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 2,307.69 TL | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 21.60 |
These data are based on 82 entries in the past 12 months from 13 different contributors.
Last update: December 2018
Sources and References:
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