Property Prices Comparison Between Turkey and Russia

For major cities in those countries you get more relevant data by specifying cities.

City in Turkey:
City in Russia:

Index	Turkey	Russia
Price to Income Ratio:	11.03	15.03
Mortgage as Percentage of Income:	431.50%	222.01%
Loan Affordability Index:	0.23	0.45
Price to Rent Ratio - City Centre:	15.46	22.30
Price to Rent Ratio - Outside of Centre:	13.54	23.49
Gross Rental Yield (City Centre):	6.47%	4.48%
Gross Rental Yield (Outside of Centre):	7.38%	4.26%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	Turkey Edit	Russia Edit	Difference
Apartment (1 bedroom) in City Centre	568.72 €	343.78 €	-39.6 %
Apartment (1 bedroom) Outside of Centre	396.55 €	233.99 €	-41.0 %
Apartment (3 bedrooms) in City Centre	960.82 €	678.85 €	-29.3 %
Apartment (3 bedrooms) Outside of Centre	653.26 €	439.64 €	-32.7 %
Buy Apartment Price	Turkey Edit	Russia Edit
Price per Square Feet to Buy Apartment in City Centre	173.25 €	162.16 €	-6.4 %
Price per Square Feet to Buy Apartment Outside of Centre	104.71 €	113.59 €	+8.5 %
Salaries And Financing	Turkey Edit	Russia Edit
Average Monthly Net Salary (After Tax)	678.32 €	493.70 €	-27.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	39.11	13.83	-64.7 %
Last update:	November 2024	November 2024
Contributors in the past 12 months:	404	1065

Country data (source The World Bank, 2024)	Turkey	Russia
GDP Per Capita (PPP) ($) :	33,100.00	27,500.00
GDP Growth Rate:	5.53	-2.07
Population Growth Rate:	0.64	-0.48

Moving to Turkey? Explore:

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Other comparisons Turkey vs Russia:

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