Apartments for sale in Turkey

Many foreign investors may want to own apartments for sale in Turkey, which is considered one of the most attractive countries in the world due to its unique location parallel to the Mediterranean Sea and the Aegean Sea by about 7,000 kilometers, and also linking the continents of Asia and Europe, in addition to its vast area. It represents three times the area of ​​the United Kingdom, and is 25% larger than France. It is a country of many cultures, stunning landscapes, and a lively society that creates a guaranteed investment environment with high profits.

When making a comparison between real estate prices in Turkey and European countries, we find that apartment prices in Turkey are much cheaper than their prices in European countries, which creates a profitable investment opportunity for foreign investors when buying apartments in Turkey and investing them through selling, leasing, etc.

There are also many real estate companies in Turkey that provide residential complexes that suit all desires and capabilities and they also offer cheap apartments in Turkey under construction that can be owned in installments over many years and with easy payment systems.

The cheapest real estate in Turkey is located in many areas within Turkey, most notably Silivri, Beylikduzu, Esenyurt, Kartal, Kurtkoy, and others and these properties, despite their low price, were built with high quality, conforming to the standard specifications of Turkish real estate.

Where to look for apartments for sale in Turkey?

When we talk about buying an apartment in Turkey, you must be confused, as there are a large number of cities, states, and provinces that can be chosen, and despite all their distinction, the city of Istanbul ranked first as the state with the most real estate sales ever, but where can you buy apartments in? That city?

Through the following paragraphs, you can briefly review the most important areas in this city:

First: The Beylikdüzü area, which is located on the European side of the city and is considered its modern urban face, as many high-end projects and modern residential complexes have recently been developed and this area is distinguished by its view of the Sea of ​​Marmara and Buyukcekmece Bay, which has increased the importance of real estate investment in it.

It is no longer a problem that this area is far from the city center, as it can be reached quickly after the Metro bus line passed through it and the transportation network and infrastructure developed.

Second: The Basaksehir region, which is also located on the European side, and which is considered one of the most important areas suitable for real estate investment due to the continuous increase in real estate prices there and this is proven by reports issued by the concerned authorities, as it has increased by about 45% during the last three years.

Prices are expected to rise significantly in this region after the completion of the construction work of the new Istanbul Water Canal.

Third: Also in the European section of the city there is the Sariyer area, which is ranked third in Istanbul in terms of luxury and high real estate prices, which made it acquire the title of the area of ​​the rich, businessmen, politicians and celebrities.

Fourth: The Uskudar area, which is located on the Asian side of the city and is characterized by having a double sea view, the first on the Bosphorus Strait and the second on the Sea of ​​Marmara. Important information about it is that it is one of the most important tourist destinations in the city as it contains many distinctive landmarks such as the famous Maiden Tower.

How to find a cheap apartment in Turkey for sale?

If you want to buy apartments in Turkey but do not have the ability to pay the full price in cash, you can resort to the many installment offers that are invading the real estate market in Turkey and which construction companies constantly offer in order to meet the volume of demand for them.

Buying an apartment in installments in Turkey is considered a wise option as it allows the buyer to pay for the apartment in the long term and without facing financial difficulties, as it is an alternative option to living in Turkey with rents because in the end the apartment will be fully owned by the buyer.

Also, in order to buy a cheap apartment in Turkey, you can choose projects that are still under construction, as their prices are much cheaper than the prices of ready-made apartments, and the good news is that their prices increase by large proportions after their construction is completed.

Prices of apartments for sale in Turkey

The prices of apartments in Turkey vary depending on the size of these apartments, and the locations and views have an impact on the price of the apartment in Turkey in terms of its increase or decrease in value, but in general we find that cheap apartments in Turkey are available at a purchase price of 70 to 80 thousand Turkish liras, and the reason for the decrease is the value of those apartments is whether those apartments have joint ownership titles, or the speed of sale of that apartment and real estate for sale in Türkiye Real estate in Turkey is diverse and there are luxuriously finished properties with a distinctive geographical location, a luxurious view, and close to all basic and entertainment services and the prices of apartments for sale in Turkey depend on several factors, including the area of ​​the apartments, the services provided around them, and whether they are located within a real estate project of a well-known investment company and other things

We may find that there are real estate companies whose project services are limited to public facilities only, and there are those who limit them to security, guarding, cleanliness of the place, and lighting, and companies that care about the client’s requirements and comfort, gathering all his needs in one residential complex of fitness centers, swimming pool, sauna, and jacuzzi, in addition to the presence of sports fields. Social clubs, entertainment areas for children, and places designated for cycling and outdoor exercise.

House prices for sale in Turkey 

The prices of apartments for sale in Turkey are considered among the best real estate prices in the world, which has increased the demand for them from foreign investors, as the price of apartments with an area of ​​125 square meters is about 289 thousand Turkish liras, and the price per square meter in apartments in Turkey ranges between 1244 and 5711 Turkish liras.

As for investment profits in Turkish real estate, we find that they are improving significantly, as the investment return rate in Turkey has grown in the recent period by 1.81%, according to the INDEXA website.

As for the prices of apartments in Istanbul, one of the most important cities in Turkey, they are approximately 387,750 Turkish liras, with an annual investment return exceeding 6%, which indicates the superiority of the real estate market in Turkey and its provision of investment opportunities with rewarding annual returns.

Factors determining apartment prices in Turkey

There are many factors that control the price of apartments in Turkey, including the following:

The location of the property where the apartments are located is one of the most important factors in determining the prices of apartments in Turkey and apartments close to vital areas have a higher value than those located on the outskirts of the city.

The height of the floor in which apartments for sale in Turkey are located, as the higher the floor, the higher the price of the apartment

The view of the apartments is important in determining the price of apartments in Turkey.

The services available in the area surrounding the apartments affect the price variation, such as security, guarding, and cleaning services, as well as its proximity to recreational and essential places such as schools, hospitals, and others.

Interior specifications of the apartments in terms of area, number of rooms and finishes.

Advantages of real estate companies in Turkey

When making the decision to own cheap apartments for sale in Istanbul, we advise you to buy through real estate companies that provide you with the cheapest apartments and take care of securing them according to your capabilities while providing several offers and payment systems that suit your budget.

To avoid scams when buying a property in Turkey, we recommend careful research and seeking advice from real estate development experts before purchasing, as an honest real estate broker always provides security for the seller and buyer, especially if he specializes in real estate consultations and this matter is only available in real estate companies in Turkey with a good reputation for dealing, which helps customers get the cheapest properties in complete safety.

Real estate investment in Turkey

There are many factors that encouraged foreign investors to buy investment apartments in Turkey, including the following:

The real estate market boom in Turkey: During the recent period, the real estate market in Turkey witnessed a noticeable boom, beginning in 2019, when the real estate price index at that time reached approximately 110% with a profit rate of 10%, also, real estate development companies in Turkey are considered among the list of the best 250 real estate companies and in the world, Turkey has achieved second place in the world in the number of contracting companies.

Decrease in the exchange rate of the Turkish lira: This decrease contributed to an increase in demand for purchasing real estate in Turkey, which made sales growth increase significantly, as the decline in the exchange rate of the Turkish lira, which exceeded 5.7 per dollar, encouraged the rush of investors into the Turkish real estate market to exploit the investment opportunity and benefit from the difference between the price of the lira and other currencies.

Real estate investment laws in Turkey have motivated investors to buy apartments for sale in Turkey and enjoy the incentives that the Turkish government provides to foreigners, as foreigners can own real estate in Turkey and have the right to buy and sell, in addition to the investor obtaining Turkish citizenship, but on the condition of purchasing a property with a value starting from 250 US dollars and owners also have the right to bequeath the property to heirs after death.

Turkey was distinguished in the field of infrastructure, which contributed to building a successful investment environment. Turkey’s progress in designing the infrastructure of regions and cities led to attracting investors around the world, as Turkey has recently been interested in many projects, including transportation networks and the famous Istanbul Canal, which connects the Black Sea to the Sea of ​​Marmara. With a length of about 45 kilometers, in addition to the development of the Istanbul Tunnel, which connects the Asian and European sides of Istanbul, which made there a reduction in traffic movements, also one of the most important of these projects is the great Istanbul Airport, which was built on a huge area of ​​76.5 million square meters and with a capacity of 500 aircraft which makes it one of the largest airports in the world.

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