Property Prices in Ankara, Turkey

Index Info
Price to Income Ratio: 9.81
Mortgage as Percentage of Income: 474.67%
Loan Affordability Index: 0.21
Price to Rent Ratio - City Centre: 12.35
Price to Rent Ratio - Outside of Centre: 11.94
Gross Rental Yield (City Centre): 8.09%
Gross Rental Yield (Outside of Centre): 8.38%
Rent Per Month
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Apartment (1 bedroom) in City Centre 28,882.35 TL 25,000.00-35,000.00
Apartment (1 bedroom) Outside of Centre 20,593.75 TL 15,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 43,666.67 TL 35,000.00-60,000.00
Apartment (3 bedrooms) Outside of Centre 28,105.26 TL 20,000.00-35,000.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 72,244.86 TL 60,000.00-85,000.00
Price per Square Meter to Buy Apartment Outside of Centre 47,805.00 TL 29,635.00-60,000.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 30,606.34 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 48.40 36.00-60.00

These data are based on 185 entries from 35 contributors over the past 18 months.
Last update: 17 June 2025

Sources and References
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