Property Prices in Adana, Turkey

Index Info
Price to Income Ratio: 7.23
Mortgage as Percentage of Income: 228.81%
Loan Affordability Index: 0.44
Price to Rent Ratio - City Centre: 17.33
Price to Rent Ratio - Outside of Centre: 10.74
Gross Rental Yield (City Centre): 5.77%
Gross Rental Yield (Outside of Centre): 9.31%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 13,525.74 TL 8,627.57-20,000.00
Apartment (1 bedroom) Outside of Centre 8,421.80 TL 5,176.54-12,000.00
Apartment (3 bedrooms) in City Centre 21,346.43 TL 12,078.60-30,000.00
Apartment (3 bedrooms) Outside of Centre 16,915.72 TL 12,078.60-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,488.52 TL
Price per Square Feet to Buy Apartment Outside of Centre 1,928.20 TL 650.32-3,206.08
Salaries And Financing
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Average Monthly Net Salary (After Tax) 23,893.87 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 31.60 20.00-60.00

These data are based on 48 entries in the past 18 months from 8 different contributors.
Last update: November 2024

Sources and References
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1 Comments so far
John on Oct 01, 2022:
I’m looking for properties near the water with a good price to three bedroom apartment with balconies on either side or just a single-family home with balconies