Property Prices in Istanbul, Turkey

Index Info
Price to Income Ratio: 12.92
Mortgage as Percentange of Income: 244.56%
Loan Affordability Index: 0.41
Price to Rent Ratio - City Centre: 20.96
Price to Rent Ratio - Outside of Centre: 17.43
Gross Rental Yield (City Centre): 4.77%
Gross Rental Yield (Outside of Centre): 5.74%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,852.62 TL 1,214.22-2,500.00
Apartment (1 bedroom) Outside of Centre 1,080.59 TL 750.00-1,500.00
Apartment (3 bedrooms) in City Centre 3,321.60 TL 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 1,874.85 TL 1,300.00-2,700.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 785.87 TL 464.51-1,016.74
Price per Square Feet to Buy Apartment Outside of Centre 375.49 TL 232.26-557.41
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 2,419.67 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 18.45 12.00-29.00

These data are based on 770 entries in the past 12 months from 128 different contributors.
Last update: November 2018

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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.