Property Prices in Bursa, Turkey

Index Info
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 400.00-1,000.00
Apartment (1 bedroom) Outside of Centre 605.56 TL 400.00-800.00
Apartment (3 bedrooms) in City Centre 1,730.77 TL 1,500.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,107.69 TL 800.00-1,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 292.64 TL 185.80-325.16
Price per Square Feet to Buy Apartment Outside of Centre 191.48 TL 139.35-232.26
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 12.00-30.00

These data are based on 82 entries in the past 12 months from 13 different contributors.
Last update: December 2018

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