Property Prices in Bursa, Turkey

Index
Price to Income Ratio:	6.63
Mortgage as Percentage of Income:	128.18%
Loan Affordability Index:	0.78
Price to Rent Ratio - City Centre:	16.20
Price to Rent Ratio - Outside of Centre:	16.73
Gross Rental Yield (City Centre):	6.17%
Gross Rental Yield (Outside of Centre):	5.98%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	1,236.91 TL	1,000.00-1,500.00
Apartment (1 bedroom) Outside of Centre	882.35 TL	700.00-1,100.00
Apartment (3 bedrooms) in City Centre	2,294.10 TL	1,700.00-3,500.00
Apartment (3 bedrooms) Outside of Centre	1,534.89 TL	1,200.00-2,400.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	411.68 TL	325.16-613.15
Price per Square Feet to Buy Apartment Outside of Centre	294.63 TL	232.26-474.68
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	2,865.92 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	18.87	11.88-30.00

These data are based on 232 entries in the past 18 months from 34 different contributors.
Last update: November 2020

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