Property Prices in Bursa, Turkey

Index Info
Price to Income Ratio: 11.29
Mortgage as Percentage of Income: 230.25%
Loan Affordability Index: 0.43
Price to Rent Ratio - City Centre: 22.01
Price to Rent Ratio - Outside of Centre: 20.85
Gross Rental Yield (City Centre): 4.54%
Gross Rental Yield (Outside of Centre): 4.80%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,311.54 TL 2,500.00-6,000.00
Apartment (1 bedroom) Outside of Centre 2,477.27 TL 1,750.00-5,500.00
Apartment (3 bedrooms) in City Centre 5,624.20 TL 3,500.00-12,500.00
Apartment (3 bedrooms) Outside of Centre 4,220.01 TL 3,000.00-9,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,439.99 TL 836.12-3,251.58
Price per Square Feet to Buy Apartment Outside of Centre 1,021.92 TL 650.32-2,322.56
Salaries And Financing
Average Monthly Net Salary (After Tax) 5,865.70 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 20.00 15.97-25.00

These data are based on 134 entries in the past 12 months from 21 different contributors.
Last update: August 2022

Sources and References
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