Property Prices in Mugla, Turkey

Index
Price to Income Ratio:	21.13
Mortgage as Percentage of Income:	852.86%
Loan Affordability Index:	0.12
Price to Rent Ratio - City Centre:	32.84
Price to Rent Ratio - Outside of Centre:	17.24
Gross Rental Yield (City Centre):	3.05%
Gross Rental Yield (Outside of Centre):	5.80%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	18,333.33 TL	10,000.00-30,000.00
Apartment (1 bedroom) Outside of Centre	11,500.00 TL	7,500.00-15,000.00
Apartment (3 bedrooms) in City Centre	28,333.33 TL	20,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre	20,333.33 TL	15,000.00-26,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	11,426.98 TL	4,738.02-18,115.94
Price per Square Feet to Buy Apartment Outside of Centre	3,985.51 TL	3,716.09-4,254.92
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	19,625.67 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	40.34	20.00-47.00

These data are based on 27 entries in the past 18 months from 5 different contributors.
Last update: December 2024

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