Property Prices in Van, Turkey

Index
Price to Income Ratio:	10.83
Mortgage as Percentage of Income:	231.09%
Loan Affordability Index:	0.43
Price to Rent Ratio - City Centre:	11.7
Price to Rent Ratio - Outside of Centre:	16.37
Gross Rental Yield (City Centre):	8.55%
Gross Rental Yield (Outside of Centre):	6.11%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	8,000.0 TL
Apartment (1 bedroom) Outside of Centre	4,000.0 TL
Apartment (3 bedrooms) in City Centre	20,000.0 TL
Apartment (3 bedrooms) Outside of Centre	8,000.0 TL
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	2,229.65 TL
Price per Square Feet to Buy Apartment Outside of Centre	1,393.53 TL
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	9,000.0 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	21.0

These data are based on 8 entries in the past 18 months from 1 different contributors.
Last update: August 2024

Sources and References

Nearby cities:

Property Prices in Bitlis	99.49 miles
Property Prices in Hakkari	126.63 miles
Property Prices in Mus	135.27 miles
Property Prices in Agri	143.29 miles
Property Prices in Siirt	153.85 miles
Property Prices in Batman	213.63 miles
Property Prices in Diyarbakir	228.72 miles
Property Prices in Erzurum	235.51 miles
Property Prices in Sirnak	237.2 miles
Property Prices in Kars	247.34 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	33,100.0
GDP Growth Rate:	5.53%
Population Growth Rate:	0.64%