Do you want to invest in Turkey’s real estate market? Are you, however, at the beginning of your search? And would you want to begin by learning about the various options available to you? 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?
The location is an important consideration in your housing search. As a result, you may wonder about the best locations to buy property in Turkey. In fact, the location of the house is really important. Because it will be the area where you will be living. Downtown or on the outskirts, a large city or a small village, upscale or budget-friendly If you want to avoid the city crowds, you don’t want to wind up in a traffic-congested area. If you enjoy a more dynamic city life, you also don’t want to be too far from downtown/city center. After all, you should be aware of the situation.
Apart from your own preferences, location is important because it has a direct impact on home costs and rentals. Some neighborhoods may have more expensive properties, while others may have more moderate properties. Basically, there will be a variety of real estate alternatives available to you. Some of them will be in areas where public transportation is readily available. Others will be in more remote and calmer areas. More can be found in upscale, greener, and spacious surroundings. Although more affluent areas are more expensive, they may prove to be more rewarding for investors. Houses that are more inexpensive will also offer advantages. These aspects will be critical in your quest to find the best locations to buy property 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 more sensible to concentrate your efforts on real estate alternatives that best suit your needs. Your realtor would gladly assist you in narrowing your search. Furthermore, we will present you with the finest alternatives that will best fit your requirements and tastes. 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 find a property in Istanbul, you must first determine which continent you want your home to be located on. In general, Istanbul famously stretches across two continents; Europe and Asia. On the European side, the downtown Nişantaşı area has some of the most expensive and premium real estate alternatives. Again, on the European side, the Beylikdüzü and Esenyurt districts generally feature more affordable real estate opportunities. Taksim is the most important hub on Istanbul’s European side. Taksim is also near to Beşiktaş and Şişli, which are also central places. As a result, the Taksim-Beşiktaş-Şişli districts are like one united large core region overflowing with social and business life.
On the other hand, we can say Kadıköy and Üsküdar regions are the center/downtown of Istanbul’s Asian side. The most 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 business region is with high business towers; Bomonti is a rising value; and the 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. They do, however, have their own set of perks for property buyers.
Turkey is a giant peninsula which has a long Mediterranean and Black Sea shoreline
According to the Statistics Institute of Turkey, Istanbul has the highest international property demand. 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 stimulates foreign estate demand in growing numbers. Thus, property alternatives for foreign nationals emerge more and more everyday. For both inhabitants and visitors, this lovely city provides spectacular beaches, plenty of sunshine, and a rich cultural legacy. Antalya Airport is generally ranked as Turkey’s second or third busiest international airport. Appropriately, it’s easy to see why property investors would favor such an attractive area.
Every year, the Turkish Mediterranean coast attracts a large number of visitors and property buyers
Izmir, Aydın, and Muğla are the cities along the southern coastline beside Antalya. Because of their attractiveness to tourists, these three cities also draw a lot of international property demand. The demand for real estate in these coastal regions is typically not in the city center. Rather, demand is directed toward a number of well-known tourist destinations. Alaçatı, Çeşme, Bodrum, Alanya, Fethiye, Marmaris, and Didim are only a few examples.
Is it possible to categorize the types of demand?
It’s probably easiest to divide Turkish foreign real estate demand into two categories:
- Demand in major cities vs.
- Demand in coastal tourist destinations.
Istanbul, Bursa, Yalova, and Sakarya are the leading cities that provide property investors with housing alternatives that are closer to the amenities of a metropolis. Mediterranean coastline cities like as Antalya, Muğla, Aydın, Izmir, and Mersin, on the other hand, frequently provide estate possibilities in smaller touristy beach towns. Of course, Turkey’s real estate possibilities are not confined to these two categories. Other property alternatives, such as cool properties among dense forests on the high plateaus of the Black Sea Region, are always available. Furthermore, the Slow City concept is gaining traction in Turkey, with Citta Slow listing 18 small towns.
You may always get advice from a professional
These cities and summer resorts are the most popular, making them the best locations to buy property in Turkey. However, there are many more cities in Turkey that provide high-quality, affordable housing as well as luxurious options.
We recommend you read the following article: Turkish real estate sales to foreigners are at an all-time high!In this article, we are discussing the most recent trend in international investor interest in Turkey.
We are aware that it is a difficult challenge to find the best locations to buy property in Turkey. Especially in terms of locating those that suit your needs and expectations. That is why we have come here to help you. If you’d like to learn more about where to invest in real estate in Turkey, request an initial consultation in person or online by WhatsApp, e-mail or by sending a message on our website.