Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 9.09
Mortgage as Percentage of Income: 410.69%
Loan Affordability Index: 0.24
Price to Rent Ratio - City Centre: 12.04
Price to Rent Ratio - Outside of Centre: 12.17
Gross Rental Yield (City Centre): 8.31%
Gross Rental Yield (Outside of Centre): 8.21%
Rent Per Month
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Apartment (1 bedroom) in City Centre 23,222.22 TL 20,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 15,648.16 TL 10,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 36,976.19 TL 25,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 25,225.00 TL 20,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,371.11 TL 3,716.09-7,432.18
Price per Square Feet to Buy Apartment Outside of Centre 3,679.78 TL 2,468.87-5,109.62
Salaries And Financing
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Average Monthly Net Salary (After Tax) 26,789.38 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 45.17 35.00-60.00

These data are based on 398 entries in the past 18 months from 63 different contributors.
Last update: January 2025

Sources and References
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