Apartment prices in Turkey (Apartment Prices in Türkiye), including the prices of apartments for sale in Turkey, have increased significantly in recent years, especially the market value of homes in Istanbul. This growth accelerated after the implementation of the Turkish Property Law, which allows foreigners to own real estate in Turkey and provides the opportunity to obtain Turkish citizenship or a real estate residence permit.
Property Values in Turkey
Turkey, thanks to its unique geographical location and rich cultural heritage, has experienced rapid growth in its real estate market, making it an ideal destination for investors and homebuyers from around the world.
Whether you are looking for a home to live in or an investment opportunity, Turkey offers a wide range of properties suitable for different budgets and lifestyles.
From major cities such as:
- Istanbul
- Ankara
To beautiful coastal destinations such as:
- Antalya
- İzmir
buyers can find apartments that suit all needs.
Apartment prices in Turkey are influenced by several factors, including:
- Location
- Apartment size
- Construction quality
- Available facilities and amenities
In major cities like Istanbul, prices vary considerably between luxury neighborhoods and more affordable districts, allowing buyers to choose according to their budget.
In coastal regions, sea-view apartments enjoy high demand because they generate attractive rental returns and are considered excellent investment opportunities.
In this article, we provide a comprehensive overview of apartment prices in Turkey, focusing on the country’s major cities and popular tourist destinations. We also explain the factors affecting prices and offer guidance on finding the best investment opportunities.
Apartment Prices in Turkey (Apartment Prices in Türkiye)
Turkish property regulations have been updated in favor of both investors and people wishing to settle in Turkey. This has accelerated supply and demand while encouraging construction companies to offer:
- Flexible payment plans
- Longer installment periods
- Lower down payments
These incentives have attracted buyers from around the world, making Turkey one of the most appealing destinations for real estate investment.
Apartment Prices in Turkey
The Turkish government has played a major role in encouraging real estate investment by introducing attractive ownership incentives and supporting construction companies.
These measures have positively affected apartment prices while making property ownership accessible to a much larger segment of buyers.
Owning property in Europe is no longer limited to a select group of investors, as Turkey has made this dream achievable for many people.
Political and social stability, together with strong economic growth, have become the main reasons behind the success of real estate investment in Turkey. These factors have helped property prices remain stable while continuing to increase steadily over time.
Factors Affecting Apartment Prices in Turkey
Several factors determine apartment prices in Turkey.
Below are the most important considerations.
The City Where the Apartment Is Located
Apartment prices vary considerably depending on the city.
The most influential factors include whether the city is:
- Tourist destination
- Commercial center
- Industrial hub
These characteristics create employment opportunities and increase housing demand.
For example, apartment prices in Istanbul are significantly higher than those in most other Turkish cities, including the capital, Ankara.
Istanbul remains Turkey’s most important city because of its unique advantages, making it the preferred destination for buyers and investors.
It ranks first in terms of property values, with prices continuing to rise consistently.
Second comes the country’s major tourist destinations, including:
- Antalya
- Alanya
These coastal cities enjoy breathtaking natural beauty and are among Turkey’s leading tourism destinations.
Apartment prices in Antalya are considerably higher than in surrounding regions because of strong tourism demand.
Property prices generally decrease as you move toward inland areas farther from the sea and forests.
Apartment Location Within the City
Even within the same city, apartment prices vary according to:
- Neighborhood
- View
- Distance from the city center
For example, in Istanbul:
- Apartments in Fatih are generally more expensive than those in Esenyurt.
- Apartments in Zeytinburnu are significantly more expensive than those in Beylikdüzü.
Following extensive research conducted by Masar Istanbul Real Estate, property prices—especially in Istanbul—are expected to continue rising due to major infrastructure projects such as:
- Istanbul Canal
- Istanbul International Airport
Apartment Specifications
The apartment itself plays an important role in determining its value.
Price depends on factors including:
- Apartment size
- Number of bedrooms
- Standard building or residential complex
- Available facilities
Residential complexes often offer premium amenities such as:
- Swimming pools
- Fitness centers
- Security services
- Children’s playgrounds
- Social facilities
These features increase the property’s overall value.
Average Apartment Prices in Turkey (Apartment Prices in Türkiye)
One of the most common questions we receive from clients is:
Can I buy a good apartment in Istanbul for USD 100,000?
The answer is Yes, depending on the location.
For example:
- USD 100,000 is not enough to purchase even a small apartment in Taksim.
- However, it may be sufficient to buy a respectable apartment in Esenyurt.
It is important to note that apartment prices in Esenyurt are relatively affordable not because the area has disadvantages, but because it is a developing district with strong future investment potential.
For this reason, Esenyurt is considered one of Turkey’s leading investment areas.
Another frequently asked question is:
How much do apartments cost in Turkey?
Below are approximate apartment prices by city and apartment type.
Apartment Prices in Istanbul (USD)
| Apartment Type | Luxury Area | متوسط Area | Standard Area |
|---|---|---|---|
| 1+1 | $200,000 | $150,000 | $75,000 |
| 2+1 | $350,000 | $220,000 | $120,000 |
| 3+1 | $500,000 | $320,000 | $200,000 |
Apartment Prices in İzmit (USD)
| Apartment Type | Luxury Area | Medium Area | Standard Area |
|---|---|---|---|
| 1+1 | $115,000 | $100,000 | $50,000 |
| 2+1 | $135,000 | $120,000 | $80,000 |
| 3+1 | $200,000 | $175,000 | $130,000 |
Apartment Prices in Sakarya (USD)
| Apartment Type | Luxury Area | Medium Area | Standard Area |
|---|---|---|---|
| 1+1 | $90,000 | $70,000 | $40,000 |
| 2+1 | $120,000 | $100,000 | $65,000 |
| 3+1 | $180,000 | $150,000 | $100,000 |
Apartment Prices in Istanbul (Saudi Riyals)
| Apartment Type | Luxury Area | Medium Area | Standard Area |
|---|---|---|---|
| 1+1 | SAR 750,000 | SAR 560,000 | SAR 280,000 |
| 2+1 | SAR 1,300,000 | SAR 825,000 | SAR 450,000 |
| 3+1 | SAR 1,875,000 | SAR 1,200,000 | SAR 750,000 |
Apartment Prices in İzmit (Saudi Riyals)
| Apartment Type | Luxury Area | Medium Area | Standard Area |
|---|---|---|---|
| 1+1 | SAR 430,000 | SAR 375,000 | SAR 185,000 |
| 2+1 | SAR 500,000 | SAR 450,000 | SAR 300,000 |
| 3+1 | SAR 950,000 | SAR 650,000 | SAR 485,000 |
Apartment Prices in Sakarya (Saudi Riyals)
| Apartment Type | Luxury Area | Medium Area | Standard Area |
|---|---|---|---|
| 1+1 | SAR 335,000 | SAR 260,000 | SAR 150,000 |
| 2+1 | SAR 450,000 | SAR 375,000 | SAR 240,000 |
| 3+1 | SAR 675,000 | SAR 560,000 | SAR 375,000 |
Why Invest in Real Estate in Turkey?
Turkey has become one of the leading destinations for both Arab and international investors thanks to its wide range of investment opportunities.
Some investors focus on:
- Trade
- Industry
However, a large percentage of Arab investors are particularly attracted to real estate investment in Turkey, especially in Istanbul, where the Turkish construction sector has witnessed remarkable growth in recent years.
This rapid expansion has resulted in a significant increase in property purchases by both Arab and foreign investors.
Advantages of the Turkish Real Estate Market
One of the main strengths of the Turkish real estate market is that it is a strong and rapidly growing market.
Turkey is considered:
- One of the world’s most active construction markets.
- Ranked among the top global destinations for real estate investment.
- Supported by modern infrastructure.
- Backed by government incentives for foreign buyers.
- Strategically positioned between Europe and Asia.
Turkey’s unique geographical location has made it a gateway between East and West, attracting investors from around the globe.
Advantages of Apartments in Turkey
Most apartments in Turkey are designed as earthquake-resistant buildings.
These buildings include a variety of engineering features intended to reduce damage during earthquakes, such as:
- Reinforced concrete walls
- Reinforced foundations
- Flexible joints
- Shock absorbers
In addition, many projects include:
- Emergency power systems
- Fire safety systems
- Modern structural engineering
Residential Projects in Turkey
Most residential developments in Turkey are considered highly rated projects, making them suitable for buyers seeking:
- Turkish citizenship
- Real estate residence permit
- Family housing
- Long-term investment
- Rental income
- Capital appreciation
These projects are also suitable for buyers searching for:
- Apartments for sale in Istanbul
- Properties for sale in Turkey
- Investment properties
- Family-friendly communities
Many investors achieve attractive returns by renting out their apartments or reselling them after several years.
Frequently Asked Questions
How Long Does It Take to Buy a Property and Receive the Title Deed?
The purchasing process begins with arranging a visit to Turkey to inspect the property and sign the purchase agreement.
- Approximately 2 days are sufficient for the initial purchase process.
- Registering the title deed (Tapu) usually takes 45 to 60 days.
Therefore, buyers generally need to visit Turkey twice:
- To sign the purchase agreement.
- To receive the title deed.
What Is the Minimum Amount Required to Buy Property in Turkey?
There is no fixed minimum purchase amount.
This topic has been explained in detail in a separate article.
Can Someone Else Handle My Turkish Citizenship Application?
Yes.
You may appoint a legal representative to:
- Provide legal advice.
- Prepare documentation.
- Submit your application.
In certain cases, the legal representative can complete the entire citizenship application process on your behalf.
How Is Payment Made When Buying Property?
The purchase price must be transferred only through bank transfers.
The transfer should be made:
- From the buyer’s bank account (inside or outside Turkey)
- Directly to the seller’s bank account
Cash payments are not accepted.
Can Parents Obtain Turkish Citizenship Through Their Children?
No.
Parents cannot obtain Turkish citizenship through children who have already received Turkish citizenship.
However, parents may submit their own independent citizenship applications if they meet the legal requirements.
Can a Real Estate Residence Permit Be Renewed?
Yes.
According to Turkish law, the residence permit can be renewed as long as:
- The property remains registered under the owner’s name.
- The required renewal documents are submitted.
Read Also
- Top 5 Villas for Sale in Istanbul
- Essential Government Links in Turkey
- Top 10 Apartments for Sale in Esenyurt, Istanbul
- Best Real Estate Companies in Istanbul
- Top 10 Projects for Sale in Zeytinburnu
- Districts Closed to Foreign Residents in Istanbul
- Apartments for Sale in Istanbul 2022
- Questions About Turkish Citizenship
- Homes in Istanbul
- Land for Sale in Istanbul
