Property Prices in Trabzon, Turkey

Index Info
Price to Income Ratio: 5.6
Mortgage as Percentage of Income: 168.57%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 10.31
Price to Rent Ratio - Outside of Centre: 8.02
Gross Rental Yield (City Centre): 9.7%
Gross Rental Yield (Outside of Centre): 12.46%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 13,723.44 TL 12,000.0-15,446.88
Apartment (1 bedroom) Outside of Centre 10,428.75 TL 8,500.0-12,357.5
Apartment (3 bedrooms) in City Centre 23,964.59 TL 20,000.0-30,893.76
Apartment (3 bedrooms) Outside of Centre 17,725.81 TL 10,000.0-29,177.44
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,828.58 TL 2,787.07-2,870.1
Price per Square Feet to Buy Apartment Outside of Centre 1,653.47 TL 1,393.53-1,913.4
Salaries And Financing
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Average Monthly Net Salary (After Tax) 21,522.02 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 30.0

These data are based on 19 entries in the past 12 months from 4 different contributors.
Last update: October 2024

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1 Comments so far
professor Malik on Oct 08, 2022:
I asked an agent if he could find a house and quoted me 20,000 TL / month in Trabzon. I think he was trying to rip me off.