Property Prices in Balikesir, Turkey

Index
Price to Income Ratio:	10.58
Mortgage as Percentage of Income:	262.89%
Loan Affordability Index:	0.38
Price to Rent Ratio - City Centre:	24.32
Price to Rent Ratio - Outside of Centre:	21.58
Gross Rental Yield (City Centre):	4.11%
Gross Rental Yield (Outside of Centre):	4.63%

Your contribution can make a real impact on our data quality.

Do you live in Balikesir? Add data for Balikesir

Also, consider looking into aggregate data for Average in Turkey

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	11,666.67 TL	7,500.00-15,000.00
Apartment (1 bedroom) Outside of Centre	8,666.67 TL	6,000.00-10,000.00
Apartment (3 bedrooms) in City Centre	23,333.33 TL	20,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre	19,166.67 TL	15,000.00-25,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	6,038.65 TL
Price per Square Feet to Buy Apartment Outside of Centre	4,180.60 TL
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	26,000.00 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	24.67	17.00-30.00

These data are based on 20 entries in the past 18 months from 4 different contributors.
Last update: February 2025

Sources and References

Nearby cities:

Property Prices in Mustafakemalpaşa	45.99 miles
Property Prices in Bursa	95.93 miles
Property Prices in Izmir	112.07 miles
Property Prices in İnegöl	121.62 miles
Property Prices in Seferihisar, Izmir Province	139.18 miles
Property Prices in Kutahya	140.89 miles
Property Prices in Usak	149.88 miles
Property Prices in Aydin	172.02 miles
Property Prices in Denizli	178.52 miles
Property Prices in Eskisehir	194.01 miles

This page in other languages:

country data (source The World Bank, 2024)
GDP Per Capita ($) :	33,100.00
GDP Growth Rate:	5.53%
Population Growth Rate:	0.64%