Property Prices in Mugla, Turkey

Index Info
Price to Income Ratio: 12.10
Mortgage as Percentage of Income: 229.63%
Loan Affordability Index: 0.44
Price to Rent Ratio - City Centre: 33.74
Price to Rent Ratio - Outside of Centre: 23.21
Gross Rental Yield (City Centre): 2.96%
Gross Rental Yield (Outside of Centre): 4.31%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,500.00 TL 1,000.00-2,500.00
Apartment (1 bedroom) Outside of Centre 1,000.00 TL 700.00-1,500.00
Apartment (3 bedrooms) in City Centre 2,133.33 TL 1,400.00-3,000.00
Apartment (3 bedrooms) Outside of Centre 1,750.00 TL 1,500.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 929.02 TL
Price per Square Feet to Buy Apartment Outside of Centre 464.51 TL
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,100.00 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 18.50 12.00-24.00

These data are based on 20 entries in the past 18 months from 4 different contributors.
Last update: July 2021

Sources and References
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