Property Prices in Bursa, Turkey

Index Info
Price to Income Ratio: 10.55
Mortgage as Percentage of Income: 391.34%
Loan Affordability Index: 0.26
Price to Rent Ratio - City Centre: 15.02
Price to Rent Ratio - Outside of Centre: 15.95
Gross Rental Yield (City Centre): 6.66%
Gross Rental Yield (Outside of Centre): 6.27%
Rent Per Month
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Apartment (1 bedroom) in City Centre 15,692.31 TL 10,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 11,464.29 TL 7,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 26,450.00 TL 20,000.00-39,000.00
Apartment (3 bedrooms) Outside of Centre 16,803.57 TL 10,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,639.95 TL 2,322.56-8,825.72
Price per Square Feet to Buy Apartment Outside of Centre 3,396.09 TL 1,858.05-6,967.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 20,500.00 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 37.07 20.00-43.00

These data are based on 145 entries in the past 12 months from 22 different contributors.
Last update: February 2024

Sources and References
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