Property Prices in Bursa, Turkey

Index Info
Price to Income Ratio: 7.29
Mortgage as Percentage of Income: 119.98%
Loan Affordability Index: 0.83
Price to Rent Ratio - City Centre: 22.88
Price to Rent Ratio - Outside of Centre: 28.51
Gross Rental Yield (City Centre): 4.37%
Gross Rental Yield (Outside of Centre): 3.51%

We need more contributors for Bursa to increase our data quality.

Do you live in Bursa? Add data for Bursa

Also, consider looking into aggregate data for Average in Turkey

Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,624.35 TL 1,200.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,084.57 TL 800.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,629.78 TL 2,019.12-7,000.00
Apartment (3 bedrooms) Outside of Centre 1,700.00 TL 1,500.00-2,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 719.28 TL 518.84-1,081.58
Price per Square Feet to Buy Apartment Outside of Centre 590.29 TL 371.61-886.82
Salaries And Financing
Average Monthly Net Salary (After Tax) 4,833.33 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.73 11.88-20.28

These data are based on 58 entries in the past 18 months from 26 different contributors.
Last update: June 2021

Sources and References
Sign up for our newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

0 Comments so far