Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 9.39
Mortgage as Percentage of Income: 428.20%
Loan Affordability Index: 0.23
Price to Rent Ratio - City Centre: 12.08
Price to Rent Ratio - Outside of Centre: 12.22
Gross Rental Yield (City Centre): 8.28%
Gross Rental Yield (Outside of Centre): 8.18%
Rent Per Month
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Apartment (1 bedroom) in City Centre 23,742.86 TL 20,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 15,973.72 TL 10,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 37,170.73 TL 30,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 25,500.00 TL 20,000.00-35,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,474.65 TL 3,716.09-7,432.18
Price per Square Feet to Buy Apartment Outside of Centre 3,754.68 TL 2,536.84-5,109.62
Salaries And Financing
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Average Monthly Net Salary (After Tax) 26,452.27 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 45.60 35.00-60.00

These data are based on 400 entries in the past 18 months from 62 different contributors.
Last update: February 2025

Sources and References
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