Beyond Borders: Comparing Manama and Ankara’s Real Estate Markets
This comparative analysis dives into the property markets of Ankara and Manama, highlighting the key differences in prices, affordability, and how Manama measures up to one of the world’s fastest-growing cities. The data reveals notable variations in metrics such as price-to-income ratios, mortgage affordability, rental yields, and apartment prices. This analysis provides valuable insights for individuals interested in real estate investments or seeking housing options in either Ankara or Manama, allowing them to make informed decisions based on the market dynamics and affordability of these cities.
The data highlights a significant discrepancy in the price-to-income ratios between the two cities, with Ankara at 10.57 and Manama at 4.49. This indicates that property prices in relation to income levels are relatively higher in Ankara, suggesting potential affordability challenges for residents. Moreover, the mortgage as a percentage of income is remarkably higher in Ankara at 437.13% compared to Manama’s 44.85%. This implies that accessing mortgage financing may be more burdensome for individuals in Ankara.
Additionally, the analysis reveals differences in rental yields. Manama demonstrates higher gross rental yields, with 8.39% in the city center and 9.33% outside of the center, compared to Ankara’s yields of 6.42% and 6.64% respectively. This suggests that real estate investors may find greater returns on rental properties in Manama. Moreover, the data showcases disparities in apartment prices, with significant variations in both city center and outside-of-center locations. For example, apartment prices for 1-bedroom and 3-bedroom units in Manama are notably higher than those in Ankara.
These insights provide prospective investors and individuals with valuable information to understand the property markets in Ankara and Manama, enabling them to make informed decisions regarding property purchases, rentals, and potential investments in these cities
Beyond Borders: Comparing Manama and Ankara’s Real Estate Markets
This comparative analysis dives into the property markets of Ankara and Manama, highlighting the key differences in prices, affordability, and how Manama measures up to one of the world’s fastest-growing cities. The data reveals notable variations in metrics such as price-to-income ratios, mortgage affordability, rental yields, and apartment prices. This analysis provides valuable insights for individuals interested in real estate investments or seeking housing options in either Ankara or Manama, allowing them to make informed decisions based on the market dynamics and affordability of these cities.
The data highlights a significant discrepancy in the price-to-income ratios between the two cities, with Ankara at 10.57 and Manama at 4.49. This indicates that property prices in relation to income levels are relatively higher in Ankara, suggesting potential affordability challenges for residents. Moreover, the mortgage as a percentage of income is remarkably higher in Ankara at 437.13% compared to Manama’s 44.85%. This implies that accessing mortgage financing may be more burdensome for individuals in Ankara.
Additionally, the analysis reveals differences in rental yields. Manama demonstrates higher gross rental yields, with 8.39% in the city center and 9.33% outside of the center, compared to Ankara’s yields of 6.42% and 6.64% respectively. This suggests that real estate investors may find greater returns on rental properties in Manama. Moreover, the data showcases disparities in apartment prices, with significant variations in both city center and outside-of-center locations. For example, apartment prices for 1-bedroom and 3-bedroom units in Manama are notably higher than those in Ankara.
These insights provide prospective investors and individuals with valuable information to understand the property markets in Ankara and Manama, enabling them to make informed decisions regarding property purchases, rentals, and potential investments in these cities
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