Property Prices in Istanbul, Turkey

Index Info
Price to Income Ratio: 11.96
Mortgage as Percentange of Income: 274.64%
Loan Affordability Index: 0.36
Price to Rent Ratio - City Centre: 21.08
Price to Rent Ratio - Outside of Centre: 17.73
Gross Rental Yield (City Centre): 4.74%
Gross Rental Yield (Outside of Centre): 5.64%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,779.00 TL 1,200.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,065.39 TL 750.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,375.17 TL 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 1,945.24 TL 1,300.00-2,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 778.60 TL 510.96-1,079.75
Price per Square Feet to Buy Apartment Outside of Centre 385.44 TL 278.71-562.62
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,618.93 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 22.71 15.00-30.00

These data are based on 975 entries in the past 12 months from 151 different contributors.
Last update: April 2019

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DeutschImmobilienpreise in Istanbul
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2 Comments so far

#Anonymus on Oct 27, 2018 :
Wow, why is the average salary 2500 tl? Who to fuck earns 2500tl and live in Istanbul. The least you need to live in Istanbul is 15000 tl to be comfortable 30k is preferred.
#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.