Property Prices in Trabzon, Turkey

Index
Price to Income Ratio:	5.61
Mortgage as Percentage of Income:	168.83%
Loan Affordability Index:	0.59
Price to Rent Ratio - City Centre:	10.67
Price to Rent Ratio - Outside of Centre:	8.01
Gross Rental Yield (City Centre):	9.37%
Gross Rental Yield (Outside of Centre):	12.48%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	12,183.06 TL	9,000.00-15,549.17
Apartment (1 bedroom) Outside of Centre	8,979.78 TL	6,000.00-12,439.33
Apartment (3 bedrooms) in City Centre	25,699.44 TL	21,000.00-31,098.33
Apartment (3 bedrooms) Outside of Centre	21,123.55 TL	14,000.00-29,370.65
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	2,838.09 TL	2,787.07-2,889.11
Price per Square Feet to Buy Apartment Outside of Centre	1,659.80 TL	1,393.53-1,926.07
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	21,565.20 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	30.00

These data are based on 23 entries in the past 12 months from 4 different contributors.
Last update: November 2024

Sources and References

Nearby cities:

Property Prices in Of, Trabzon	33.47 miles
Property Prices in Giresun	102.95 miles
Property Prices in Erzincan	162.10 miles
Property Prices in Ordu	184.21 miles
Property Prices in Erzurum	185.91 miles
Property Prices in Samsun	204.01 miles
Property Prices in Tokat	233.78 miles

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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%