Property Prices in Istanbul, Turkey

Index Info
Price to Income Ratio: 12.45
Mortgage as Percentange of Income: 172.35%
Loan Affordability Index: 0.58
Price to Rent Ratio - City Centre: 22.78
Price to Rent Ratio - Outside of Centre: 18.32
Gross Rental Yield (City Centre): 4.39%
Gross Rental Yield (Outside of Centre): 5.46%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,748.83 TL 1,200.00-2,500.00
Apartment (1 bedroom) Outside of Centre 968.72 TL 700.00-1,400.00
Apartment (3 bedrooms) in City Centre 3,311.68 TL 2,500.00-4,500.00
Apartment (3 bedrooms) Outside of Centre 1,845.19 TL 1,300.00-2,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 826.45 TL 510.96-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 369.07 TL 232.26-510.96
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,583.83 TL
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 12.75 10.20-15.00

These data are based on 1184 entries in the past 12 months from 200 different contributors.
Last update: December 2017

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1 Comments so far

#eve on Nov 03, 2015 :
How much to buy home in Istanbul it doesn't have to be brand new and it can be used.