Property Prices in Bursa, Turkey

Index Info
Price to Income Ratio: 6.85
Mortgage as Percentage of Income: 292.12%
Loan Affordability Index: 0.34
Price to Rent Ratio - City Centre: 15.51
Price to Rent Ratio - Outside of Centre: 15.01
Gross Rental Yield (City Centre): 6.45%
Gross Rental Yield (Outside of Centre): 6.66%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 18,333.33 TL 15,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 14,000.00 TL 10,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 34,500.00 TL 25,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 20,500.00 TL 17,000.00-25,000.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 63,290.28 TL 34,870.84-120,000.00
Price per Square Meter to Buy Apartment Outside of Centre 42,000.00 TL 25,000.00-59,000.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 38,417.48 TL
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 42.62 36.00-49.00

These data are based on 37 entries from 11 contributors over the past 18 months.
Last update: May 2025

Sources and References
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