Do you want to invest in Turkey’s real estate market? Have you just started your property search? Obviously, you need to start by checking numerous estate options available in Turkey. Our article below might be an excellent place to start. In this post, we will highlight the best locations to buy property in Turkey.
What are the most essential aspects of your search?
Location is an important factor in your housing search. Therefore, you need to learn the best locations to buy property in Turkey. In fact, location of your house is the most important criteria in any property search. Because it will be the area where you will actually be living. In addition, your residential area determines the quality of your life. You may choose upscale or budget-friendly houses in downtowns, suburbs, large cities or smaller towns. You may want to avoid city crowds and traffic-congested areas. On the other hand, you may enjoy a more dynamic city life closer to downtown and city centers. Consequently, location awareness is a key element in your housing search.
Additionally, location is important because it has a direct impact on your costs and benefits. Some neighborhoods may have more upscale properties, while others may have less expensive options. Typically, there will be a wide variety of real estate alternatives available to you. Some of them will be in central areas where public transportation is readily available. Others will be in more remote and quieter areas. Similarly, several property options are available in upscale, greener, and spacious neighborhoods. Although more affluent areas are more expensive, they may prove to be more rewarding for investors. Less expensive houses in different locations will also have their unique advantages. Hence, location related aspects are critical in your quest to buy your dream house in Turkey.
Housing is never a one-size-fits-all type of market.
Istanbul is a vast 16-million-strong metropolis. As a result, it is wiser to concentrate your focus on real estate alternatives that suit your needs best. Your realtor will gladly assist you in narrowing your search. Subsequently, we will present you with the finest alternatives that will best fit your demands. If you’re interested in learning more about Turkey and its geography, check out our article: Quick Facts about Turkey
Best Locations in Istanbul
If you want to buy a property in Istanbul, you must first determine which continent you prefer for your house. Notably, Istanbul is a unique city that stretches across two continents, Europe and Asia. On the European side, Nişantaşı downtown area offers some of the most expensive and premium real estate alternatives. Yet, Beylikdüzü and Esenyurt districts feature more affordable real estate opportunities on the European side. Taksim is the most important hub on European side. Beşiktaş and Şişli are central places, which are near Taksim. Hence, Taksim-Beşiktaş-Şişli districts together make a large central region overflowing with social and business life.
On the other hand, Kadıköy and Üsküdar regions are regarded as center/downtown of Istanbul’s Asian side. Therefore, central areas of Istanbul are Kadıköy-Üsküdar on the Anatolian side and Taksim-Beşiktaş-Şişli on the European side. On the European side, the Maslak–Zincirlikuyu is a business region full of business towers; Bomonti is a rising value; and Sarıyer–Beykoz districts are quieter getaways with less crowded local centers. In Istanbul, Kartal–Pendik on the Asian side and Silivri on the European side are more distant location options. Nevertheless, each location offers its own advantages for property buyers.
Turkey is a giant peninsula with Mediterranean and Black Sea shorelines
According to Turkish Statistics Institute , Istanbul draws the highest international property demand in Turkey. Of course, there are other metropolitan areas in Turkey that attract foreign property investors. Ankara, Bursa, Mersin, Yalova, and Sakarya are among them. However, Antalya, which comes second after Istanbul, occasionally outperforms Istanbul in terms of generating foreign demand for real estate. Antalya is an internationally recognized tourist destination with a well-developed tourism industry. As a result, it creates foreign estate demand in growing numbers. For both inhabitants and visitors, Antalya offers spectacular beaches, plenty of sunshine, and a rich cultural legacy. Antalya Airport is generally ranked as Turkey’s second or third busiest international airport. Accordingly, it is easy to see why property investors favor such an attractive area.
Turkish Mediterranean coast attracts crowds of visitors and property buyers every year
Izmir, Aydın, and Muğla are the cities along the southern coastline beside Antalya. Because of their attractiveness to tourists, these three cities draw a lot of international property demand. Typically, demand for real estate in these coastal regions is not in city centers. Instead, demand is for suburbs of well-known tourist destinations. Alaçatı, Çeşme, Bodrum, Alanya, Fethiye, Marmaris, and Didim are notable demand destinations.
Is it possible to categorize the types of demand?
It is best to analyze foreign real estate demand in Turkey in two categories:
- Demand in major cities
- Demand in coastal tourist destinations.
Istanbul, Bursa, Yalova, and Sakarya are leading cities that offer housing alternatives that are closer to the amenities of a metropolis. On the other hand, Mediterranean cities such as Antalya, Muğla, Aydın, Izmir, and Mersin offer property options in smaller beach towns. Of course, Turkey’s real estate alternatives are not limited to these two categories. Other property alternatives are available such as cool properties among dense forests on the high plateaus of the Black Sea Region. Furthermore, the Slow City concept is gaining traction in Turkey, with Citta Slow listing 18 small Turkish towns.
It is best to get advice from a professional
Popular big cities and summer resorts are usually the best locations to buy property in Turkey. However, other Turkish cities also offer all sorts of housing options.
We recommend you read the following article: Turkish real estate sales to foreigners are at an all-time high! In this article, we discuss the most recent trends in international investor interests in Turkey.
We are aware that it is a challenge to find the most suitable location to buy property in Turkey. Respectively, meeting all your needs and expectations may appear larger than life. Above all, you need a cool mind to make the most reasonable investment decisions. That is why we are here to assist you as reliable professionals. Do you want to learn more about where to invest in real estate in Turkey? Please request an initial consultation in person or online by WhatsApp, e-mail or send us a message on our website.