Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 9.15
Mortgage as Percentage of Income: 427.63%
Loan Affordability Index: 0.23
Price to Rent Ratio - City Centre: 11.59
Price to Rent Ratio - Outside of Centre: 11.76
Gross Rental Yield (City Centre): 8.63%
Gross Rental Yield (Outside of Centre): 8.51%
Rent Per Month
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Apartment (1 bedroom) in City Centre 23,722.22 TL 20,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre 15,951.74 TL 10,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 38,216.22 TL 30,000.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 25,916.67 TL 20,000.00-35,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,308.07 TL 3,716.09-7,432.18
Price per Square Feet to Buy Apartment Outside of Centre 3,635.08 TL 2,548.54-5,109.62
Salaries And Financing
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Average Monthly Net Salary (After Tax) 26,301.26 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 46.73 36.00-60.00

These data are based on 385 entries in the past 18 months from 63 different contributors.
Last update: March 2025

Sources and References
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