Year: 2026 2025 2024
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Ankara, Turkey

Property prices · 2026 · Middle East · Price +28.6% vs 2025

Price/sqm — City Centre TRY 81,000
Price/sqm — Outside Centre TRY 54,000
1-Bed Rent / Month TRY 21,600
3-Bed Rent / Month TRY 34,200
Avg Mortgage Rate 28.00%
Price-to-Rent Ratio 18.0x Buying and renting are roughly comparable

Property price trend in Ankara (2024–2026)

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Property comparison — cities in Turkey (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Ankara
Ankara TRY 81,000 TRY 54,000 TRY 21,600
Antalya TRY 111,600 TRY 75,600 TRY 27,000 +37.8%
Izmir TRY 99,000 TRY 66,600 TRY 25,200 +22.2%
Bursa TRY 68,400 TRY 45,000 TRY 18,900 -15.6%
Istanbul TRY 44,940 TRY 26,750 TRY 16,050 -44.5%

Other Middle East cities (2026)

Frequently asked questions

How much does property cost in Ankara in 2026?

In Ankara, the average price per sqm in the city centre is TRY 81,000, and TRY 54,000 outside the centre (2026 data). Prices have risen 80% since 2024.

How much is rent in Ankara in 2026?

A 1-bedroom apartment in Ankara rents for approximately TRY 21,600 per month in 2026. A 3-bedroom apartment costs around TRY 34,200/month.

Is it better to buy or rent in Ankara?

Buying and renting are roughly comparable in Ankara. The price-to-rent ratio is 18.0x — it would take approximately 18.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 28.00%.

What are mortgage rates in Turkey in 2026?

The average mortgage rate in Turkey is approximately 28.00% as of 2026. With a price-to-rent ratio of 18.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Ankara changed?

Property prices in Ankara have changed +28.6% vs 2025. Since 2024, prices have increased by 80%. Use the year tabs above to compare prices across years.

What is the price per sqm in Ankara?

The average property price per square metre in Ankara city centre is TRY 81,000 in 2026. Outside the centre, expect to pay around TRY 54,000/sqm.

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