In this article, you will get an answer to the question of the best cities to buy real estate in Turkey, as we will learn together about the Turkish cities in which investment experts advise owning homes, whether for stability or even for investment.
To begin with, experts advise owning homes in the following cities:
Istanbul.
Ankara.
Antalya.
Market.
Trabzon
According to the data mentioned in the report, the city of Istanbul topped the list of major Turkish states in the percentage of annual increase in the investment value of its residential apartments in January 2022 and the percentage of increase in Istanbul reached 118% during the past year, between January 2021 and January and the second is 2022, with regard to details, the “Umraniye” area ranked first among the regions of Istanbul, as it witnessed the highest rates of increase in the investment value of apartments, and the annual increase rate in Umraniye reached 179%.
The report also provided a census of the areas in Istanbul that witnessed an increase in the investment value of its residential apartments by more than 100% during the aforementioned period, as these areas include: Gaziosmanpasa, Maltepe, Bagcilar, Bakirkoy, Kadikoy, Başakşehir, Uskudar, Atasehir, Çekmeköy Sancaktepe, Kartal, Avcılar, Kaythane, Beylikdüzü, Benedik, Bahçeli Evler, Besiktas, Silivri, Sisli, Buyukcekmece, Eyup Sultan, Beykoz and from this information, it can be said that these areas are considered among the best places to buy apartments in Istanbul, due to their high investment value on an annual basis.
According to real estate experts, Ankara ranks second among Turkish states regarding the investment value of real estate, as the studies conducted by Knight Frank, a British company specializing in real estate markets, showed that the state of Ankara has advanced both locally and globally in the value of real estate investment, as it ranked tenth globally in increasing the investment value of its real estate during the year 2021 by up to 25.8%.
Regarding the regions of the Turkish capital, Ankara, the “Etimesgut” region topped the list with an annual increase in the investment value of its residential apartments amounting to 121% during the past year, a period that extended from January 2021 to January 2022, while the “Çankaya” region came Central ranked second with an annual increase of 115%, followed by the “Bosaklar” region in third place with an annual increase of 109%.
Antalya, the capital of Turkish tourism, is considered one of the cities where the real estate sector is witnessing a continuous increase in its value, especially in the recreation areas and main tourism sites in the city and according to estimates by real estate experts, the Kepez, Döşmealti, and Konyaalti areas top the list of the best areas to buy apartments in Antalya, due to the rapid growth and continuous development witnessed by these areas.
Imtilak Real Estate Company has recorded a noticeable increase in real estate prices in Antalya during the last period, reaching 23% at times, as rental returns also increased significantly, as a result of the recovery of the tourism sector and the return of tourist numbers after the decline of the Covid-19 epidemic and demand for rentals in Antalya has increased, reflecting renewed confidence in the real estate market there.
It is worth noting that Antalya is also witnessing an increasing demand from foreign investors, who see it as an excellent investment opportunity, especially with the availability of Turkish citizenship and residency programs that attract more foreign investments.
The fourth city that is considered one of the best cities to buy real estate in Turkey, Bursa is distinguished by its multiple investment value due to its leading tourism and industrial nature in Turkey, which makes the rate of demand for real estate there remain high, as rental returns for real estate in Bursa are among the highest compared to other Turkish states and some areas of Bursa are witnessing an increase in the value of their real estate, including the Mudanya neighborhood, which is surrounded by lush forests, green meadows, and coasts overlooking the Sea of Marmara, as mudanya is considered the third richest area in oxygen in the world, which makes it a preferred destination for residence.
Karacabey and Nilufer are among the distinguished areas in Bursa, attracting the attention of investors due to their distinguished location and the services available there and these areas are characterized by a peaceful environment and stunning natural beauty, making them an ideal haven for living and real estate investment. Bursa also attracts many investors thanks to the advanced infrastructure and promising economic opportunities it provides.
The city of Trabzon, known as the "Bride of the Black Sea" and the "Paradise of the Turkish North," is among the picturesque tourist destinations in Turkey.
Trabzon has a developed infrastructure, including its international airport and sea port, which is considered one of the most important ports in the Turkish Black Sea, as modern Trabzon includes many suitable areas for buying real estate, including the Yomra area, which is considered one of the most prominent residential areas in Trabzon and yomra is distinguished by the availability of a group of luxury residential projects, in addition to the presence of social facilities and services that make life there comfortable and happy, away from the hustle and bustle of large cities.
Here we have reached the conclusion of our article in which we talked about the best cities for buying real estate in Turkey
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