Property Market Data for Turkey

Selected Cities in Turkey

Property Index Value
House Price to Income Ratio 8.32
128
Mortgage as % of Income 113.50
81
Loan Affordability Index 0.88
92
Price to Rent Ratio City Centre 18.16
94
Price to Rent Ratio Outside Centre 15.40
116
Gross Rental Yield City Centre 5.51
87
Gross Rental Yield Outside Centre 6.49
61

Macro Data Value
GDP Per Capita ($) 10515.01
GDP Growth Rate 2.91
Population Growth Rate 1.22

Median Income Value Range
Net monthly disposable income 1983.23 1200.00 - 2500.00
Annual mortgage interest rate % 12.52 11.00 - 13.00

Rental Per Month Value Range
Apartment (1 bed) in City Centre 1134.00 500.00 - 1350.00
Apartment (1 bed) Outside Centre 649.36 300.00 - 750.00
Apartment (3 bed) in City Centre 1995.71 850.00 - 2800.00
Apartment (3 bed) Outside Centre 1131.35 500.00 - 1250.00
Price to Rent Ratio City Centre 18.16 18.16 - 18.16
Price to Rent Ratio Outside Centre 15.40 15.40 - 15.40
Gross Rental Yield City Centre 5.51 5.51 - 5.51
Gross Rental Yield Outside Centre 6.49 6.49 - 6.49

Price Per Sq.ft. Value Range
City Centre Apartment Prices 413.14 727.22 - 1,899.42
Outside Centre Apartment Prices 199.75 449.56 - 1,152.88