Property Prices in Bursa, Turkey

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Index Info
Price to Income Ratio: 6.68
Mortgage as Percentage of Income: 273.92%
Loan Affordability Index: 0.37
Price to Rent Ratio - City Centre: 12.60
Price to Rent Ratio - Outside of Centre: 14.19
Gross Rental Yield (City Centre): 7.94%
Gross Rental Yield (Outside of Centre): 7.05%
Rent Per Month
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Apartment (1 bedroom) in City Centre 15,750.00 TL 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 10,833.33 TL 6,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 26,166.67 TL 20,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 19,769.23 TL 15,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,882.00 TL 3,158.68-5,574.14
Price per Square Feet to Buy Apartment Outside of Centre 3,135.19 TL 2,787.07-4,109.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 28,272.73 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 41.00 36.00-49.00

These data are based on 118 entries in the past 18 months from 19 different contributors.
Last update: March 2025

Sources and References
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