Property Prices in Kayseri, Turkey

Index Info
Price to Income Ratio: 9.52
Mortgage as Percentage of Income: 223.08%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 20.74
Price to Rent Ratio - Outside of Centre: 21.42
Gross Rental Yield (City Centre): 4.82%
Gross Rental Yield (Outside of Centre): 4.67%
Rent Per Month
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Apartment (1 bedroom) in City Centre 4,319.50 TL 2,000.00-7,000.00
Apartment (1 bedroom) Outside of Centre 2,930.95 TL 1,500.00-4,102.38
Apartment (3 bedrooms) in City Centre 7,208.06 TL 5,000.00-10,255.94
Apartment (3 bedrooms) Outside of Centre 4,679.46 TL 3,000.00-6,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,756.10 TL 650.32-3,158.68
Price per Square Feet to Buy Apartment Outside of Centre 1,207.73 TL 371.61-1,858.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 8,375.00 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 23.19 18.00-28.00

These data are based on 121 entries in the past 18 months from 20 different contributors.
Last update: March 2023

Sources and References
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