Property Prices in İzmit, Turkey

Index Info
Price to Income Ratio: 30.85
Mortgage as Percentage of Income: 1,080.72%
Loan Affordability Index: 0.09
Price to Rent Ratio - City Centre: 40.34
Price to Rent Ratio - Outside of Centre: 42.58
Gross Rental Yield (City Centre): 2.48%
Gross Rental Yield (Outside of Centre): 2.35%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 14,000.00 TL
Apartment (1 bedroom) Outside of Centre 11,000.00 TL
Apartment (3 bedrooms) in City Centre 20,000.00 TL
Apartment (3 bedrooms) Outside of Centre 18,000.00 TL
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 10,383.69 TL
Price per Square Feet to Buy Apartment Outside of Centre 9,104.42 TL
Salaries And Financing
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Average Monthly Net Salary (After Tax) 17,001.00 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 35.00

These data are based on 9 entries in the past 12 months from 2 different contributors.
Last update: July 2024

Sources and References
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