Property Prices in Kayseri, Turkey

Index Info
Price to Income Ratio: 11.56
Mortgage as Percentage of Income: 133.92%
Loan Affordability Index: 0.75
Price to Rent Ratio - City Centre: 37.65
Price to Rent Ratio - Outside of Centre: 31.80
Gross Rental Yield (City Centre): 2.66%
Gross Rental Yield (Outside of Centre): 3.14%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 994.28 TL 702.84-1,500.00
Apartment (1 bedroom) Outside of Centre 617.23 TL 421.70-1,000.00
Apartment (3 bedrooms) in City Centre 1,261.32 TL 983.97-1,500.00
Apartment (3 bedrooms) Outside of Centre 988.60 TL 843.40-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 658.03 TL 658.03-658.03
Price per Square Feet to Buy Apartment Outside of Centre 378.11 TL 378.11-378.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,411.00 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.00 10.00-10.00

These data are based on 25 entries in the past 18 months from 5 different contributors.
Last update: February 2021

Sources and References
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