Property Prices in Gebze, Turkey

Index Info
Price to Income Ratio: 14.74
Mortgage as Percentage of Income: 884.22%
Loan Affordability Index: 0.11
Price to Rent Ratio - City Centre: 15.01
Price to Rent Ratio - Outside of Centre: 16.30
Gross Rental Yield (City Centre): 6.66%
Gross Rental Yield (Outside of Centre): 6.14%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 12,000.00 TL 10,000.00-14,000.00
Apartment (1 bedroom) Outside of Centre 10,000.00 TL
Apartment (3 bedrooms) in City Centre 20,000.00 TL
Apartment (3 bedrooms) Outside of Centre 14,000.00 TL
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,530.29 TL
Price per Square Feet to Buy Apartment Outside of Centre 2,972.87 TL
Salaries And Financing
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Average Monthly Net Salary (After Tax) 11,875.00 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 60.00

These data are based on 10 entries in the past 12 months from 2 different contributors.
Last update: March 2024

Sources and References
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