Property Prices in Izmir, Turkey

Index Info
Price to Income Ratio: 8.45
Mortgage as Percentage of Income: 136.20%
Loan Affordability Index: 0.73
Price to Rent Ratio - City Centre: 20.24
Price to Rent Ratio - Outside of Centre: 17.29
Gross Rental Yield (City Centre): 4.94%
Gross Rental Yield (Outside of Centre): 5.78%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,602.74 TL 1,200.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,021.33 TL 750.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,776.58 TL 2,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 1,712.51 TL 1,250.00-2,500.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 646.42 TL 464.51-929.02
Price per Square Feet to Buy Apartment Outside of Centre 347.00 TL 232.26-492.38
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,164.78 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.36 10.80-27.00

These data are based on 448 entries in the past 12 months from 73 different contributors.
Last update: January 2021

Sources and References
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3 Comments so far
Toprak on Aug 05, 2020:
Hello guys if anyone is looking to get a house in izmir i can help you, i recently bought a house and know the way around here
afsaneh on Jul 18, 2020:
I decided to buy house Turky Azmir I want 3 bedroom in the nice location , I need to know a price in Canadian $ .than you
Souyan on Jul 08, 2018:
Hi. I wanna know Which city is better for living except Istanbul?
Me and my sister wanna rent a normal apartment in a safe and calm place, with enough facilities, I'm a painter and also I'm teaching English. I'm 36, my sister is 45. She was a journalist.for this matter we don't want living in an expensive city.
But we loveblack