Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 8.59
Mortgage as Percentage of Income: 369.15%
Loan Affordability Index: 0.27
Price to Rent Ratio - City Centre: 12.04
Price to Rent Ratio - Outside of Centre: 12.33
Gross Rental Yield (City Centre): 8.30%
Gross Rental Yield (Outside of Centre): 8.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 20,499.69 TL 15,000.00-26,000.00
Apartment (1 bedroom) Outside of Centre 13,764.76 TL 9,000.00-20,000.00
Apartment (3 bedrooms) in City Centre 33,820.51 TL 25,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 23,555.56 TL 18,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,815.82 TL 2,787.07-6,967.67
Price per Square Feet to Buy Apartment Outside of Centre 3,363.13 TL 2,322.56-4,645.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 25,630.41 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 42.98 30.00-56.00

These data are based on 381 entries in the past 18 months from 61 different contributors.
Last update: November 2024

Sources and References
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