The best city in Turkey to buy property✔️ | Istanbul Hamrah (2024)

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Following the articles on buying property in Turkey, in the article in “Istanbul Hamrah”, we will introduce the best cities to buy property in 2024. Moreover, in this section, we will discuss on the advantages of each city, the appropriate cities for investment, and the best cities for finding jobs and also identify cities which are calm and quieter.

Introducing the best cities to buy a house in Turkey

The following table summarizes the appropriate cities for buying a house in Turkey.

AdvantagesCity
If you aim to invest in Turkey, buying a property in Istanbul is one of the best choices.Istanbul
If you want to establish a company, or you are looking for industrial and commercial business, Ankara is the best option. This city is highly secure and perfectly suitable for living in Turkey and starting a business.Ankara (The capital of Turkey and the second largest city in Turkey)
The best city to have a simple and comfortable life, and to start businesses related to maritime trade.Izmir
If you intend to start a tourist-related business, living in Antalya is suitable for you. Also, the city has grown a lot among all Turkish cities for investing and buying property, and possess proper facilitiesAntalya

Property purchase price in Turkey

In the table below you can see the approximate price of property in different cities of Turkey in lira. (Note that prices are approximate and may vary depending on the district.)

The average price per square meter in liraCity
12 thousand lira
Istanbul
8000 lira
Ankara (the capital and second largest city of Turkey
8500 lira
Izmir
10500 lira
Antalya
9000 lira
Bodrum
6000 lira
Denizli

Istanbul is one of the best cities in Turkey to purchase a property

Istanbul is the most popular and famous city which is located in northwestern Turkey and the Marmara region; it is also located between Asia and Europe. Istanbul is the largest and most populous city in Turkey with a rich history, urban architecture and pristine nature that has attracted numerous tourists. Therefore, it is really suitable for immigrants to live.

شاید به این مطلب هم علاقمند باشید All about Beykoz district of Istanbul and house prices in 2024

If you aim to invest in Turkey, buying a property in Istanbul is one of the best choices.

Numerous commercial ports, great tourist attractions, prestigious universities and various shopping malls have made Istanbul’s economy prosperous. Although the cost of buying a property in Istanbul is slightly higher than in other cities, finding a job in Istanbul is also much easier.

The cost of buying a property in Istanbul

The price per square meter is 4432 lira.

  • The approximate price of buying a house in different districts of Istanbul

The prices of Apartment in Istanbul in 2024

You can see the purchase price of houses in different districts of Istanbul in the table below.


Buy a house in Istanbul If you intend to know more about buying a property in Istanbul, you can see the following article.

What are the cheapest cities in Turkey?

Cheap cities in Turkey are somewhat unknown. To live in Turkey or buy property, the cities like Istanbul, Ankara, Antalya and Izmir are known. But it should be considered that these cities are among the most expensive in Turkey.

DistrictPrice per square meter in lira
BeşiktaşAbout 20 thousand liras
Sariyar24 thousand lira
Bakirkoy and Atakoy
15 thousand lira
Esenyurt5000 lira
Ümraniye8 thousand lira
Gaziosmanpasa3200 lira

In this section, a list of the cheapest cities in Turkey was mentioned:

  • Trabzon
  • Samson
  • Manisa
  • Denizli
  • Van
  • Sivas
  • Edirne

These cities are all among the small and, of course, beautiful cities of Turkey. Compared to metropolises such as Istanbul and Ankara, they are much more uncrowded while they are not far from them. The style of life in these cities is more relaxed and convenient. Since property prices are significantly lower in these cities, they are considered ideal for buying property in Turkey.

شاید به این مطلب هم علاقمند باشید buying a house in the Bahchehshehir district of Istanbul

Ankara is one of the best cities in Turkey to buy property

Ankara is the capital of Turkey, and also the capital of Ankara Province. It is the second largest city in the country after Istanbul. Ankara is the political capital of Turkey which is one of the best cities to buy property due to the construction boom, numerous embassies and prestigious universities.

Buying property in Ankara is appropriate especially for people who want to invest in Turkey. Another good advantage of Ankara is the less costs to buy a property than other cities.

If you want to establish a company, or you are looking for industrial and commercial business, Ankara is the best option. This city is highly secure and perfectly suitable for living in Turkey and starting a business.

Antalya

Antalya is located in southwestern Turkey between the Taurus Mountains and the Mediterranean Sea. It is the largest city on the Mediterranean coast in which more than 300 days of year is sunny. Antalya is one of the tourist cities of Turkey.

Antalya is really popular due to the tourist village of Alanya and its beautiful beach. It is also called the water recreation center of Turkey. The city has a temperate climate in winter and a little warm in summer. The city has a thriving economy due to its tourist attractions. The view of most of the houses in the city is greatly beautiful. In addition, Antalya is one of the quiet and carefree cities of Turkey which is the best choice to buy a house.

If you intend to start a tourist-related and industrial business, living in Antalya is suitable for you. Also, the city has grown a lot among all Turkish cities for investing and buying property, and possess proper facilities.

The cost of the property in Antalya is 4100 lira per square meter.

شاید به این مطلب هم علاقمند باشید Nisantasi (Nişantaşı) district of Istanbul

Izmir

It is the third largest city in Turkey which is located on the shores of the Aegean Sea in the west of the country. If you are a fugitive from the hustle and bustle of Istanbul and seeking silence and peace, Izmir is a great option for buying a property in Turkey.

Izmir is one of the cities of Turkey that is of great historical importance. There are 2 free trade zones and 13 industrial towns in it. This is exactly why investors and companies in the field of export and import are active in Izmir.

Various international exhibitions are held in the city, which in turn motivates foreign investors to invest. It also has a safe atmosphere.

Izmir is the best city to have a simple and comfortable life, and to start businesses related to maritime trade.

Cost of buying property in Izmir

In recent years, according to statistics, about 8,000 properties in Izmir have been sold to foreigners. The price per square meter in Izmir is 3569 lira.

Van

Van is in the east of Turkey that is one of the most prosperous border cities in Turkey. The city is also of great historical value. Food costs are significantly lower than in Istanbul and Izmir.

Property purchase price in Van

The price starts from 2000 lira per meter and reaches up to 5000 lira. The same situation applies to buying an apartment in Van. Remember that in order to obtain permanent residence in Turkey, the purchased property must be worth US $ 250,000.

What is the best city to buy a house in Turkey?

The best city to buy the property depends more on your purpose. But now in 2024, Istanbul is one of the best and the most prosperous cities to buy a house in Turkey.

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The best city in Turkey to buy property✔️ | Istanbul Hamrah (2024)

FAQs

Where is the best place to buy real estate in Turkey? ›

Istanbul: Where East Meets West

Istanbul, often referred to as the “Gateway to Asia,” is Turkey's largest city and a vibrant hub of culture, commerce, and history. It's a city where the past seamlessly blends with the present, making it a prime destination for property investment.

Which city in Turkey has cheapest property? ›

Didim is one of the cheapest places to buy real estate in Turkey. Prices do not rise because there are plenty of buildings and vacant plots available on the real estate market. Didim is a pretty comfortable place to live — the city's roads and utility systems have improved over the past ten years.

Is it a good idea to buy property in Turkey now? ›

Is now the time to buy property in Turkey? Investors looking to make a profitable real estate purchase should consider the current Turkish market. Real estate demand is on the rise: in the first six months of 2022, there were 726,398 sales contracts. This is 31,4% more than in the same period in 2021.

Where is the cheapest place to buy land in Turkey? ›

Ordu is a province located in the Black Sea Region of Turkey and it is considered as one of the cheapest place to buy property in Turkey. It is located in a relatively remote and rural area of Turkey, which can lead to lower property prices.

Is it smart to buy property in Turkey? ›

Turkey generally has lower living costs than many Western European countries and the United States. This lower cost of living extends to real estate markets, making property prices more affordable for locals and foreign buyers. Current Exchange rate fluctuations significantly impact property prices for foreign buyers.

Is it smart to buy a house in Turkey? ›

Is Turkey good for real estate? While there are risks of buying property in Turkey for foreigners, Turkish real estate prices are considerably cheaper than countries like the United States, Australia, and the UK.

Which city in Turkey is best for living? ›

Istanbul serves as the country's economic and historical center for both citizens and visitors. It is considered the best city to live and work in Turkey. High-quality educational and healthcare options are all available in Istanbul.

How much is a decent house in Turkey? ›

The average purchase price of a property in Turkey had reached TRY 2,691,780 (USD 100,316) by August 2023. By contrast, one year ago, at the end of summer 2022, a residential property in the country cost on average TRY 1,488,500 (USD 81,510 at the exchange rate on 13 September 2022).

Are property prices falling in Turkey? ›

According to the Respublic of Turkey Central Bank data, housing prices increased by 94.7 percent year-on-year in July 2023. Thus, the decline in the annual growth rate continued in July. The average house price in Turkey was 2.63 million TL.

Are property taxes high in Turkey? ›

Tax rates on the sale of real estate in Turkey

Legal entities pay the tax on income from real estate rental at a rate of 23%. High-value residence tax applies to Turkish real estate worth over TRY 5,000,000 or about $275,070. The tax rates vary between 0.3 to 1%, depending on the value of the real estate.

How safe is it to buy property in Turkey? ›

Is it safe to invest in real estate in Turkey? '. Real estate consultants answer this question as 'yes'. However, they especially emphasize that before making a purchase, it is absolutely necessary to seek help from specialists or organizations in order not to incur any financial loss.

Is buying property in Turkey risky? ›

However, the Turkish government has implemented regulations and procedures to ensure a safe buying process so foreign buyers can become legal owners. As long as you follow these guidelines, the risk is minimal.

How much is an acre of land in Turkey? ›

it depends on which part of the land you are intetested in. There are huge differences even between the lands in the same city. You can find one acre of land as low as a thousand dollar or it may be as high as 20-30 thousand.

What is the cheapest area to live in Turkey? ›

The city of Osmaniye is located in the east of southern Turkey and is distinguished by the low cost of living in terms of the prices of food products, transportation and transportation, and it is considered one of the cheapest cities to live in Turkey in terms of the prices of meals in restaurants and hotels, and the ...

Where is Turkey expensive to live? ›

The most popular and therefore the most expensive city in Turkey is Istanbul. Ankara and Izmir are the second and the third biggest cities in the country. The cost of living there is almost similar to one another. Other popular cities among expats are Antalya, Bodrum, Bursa, Fethiye, and Gaziantep.

What is the best place to invest in Turkey? ›

If you aim to invest in Turkey real estate, buying a property in Istanbul is one of the best choices. If you want to establish a company or are looking for industrial and commercial business, Ankara is among the leading regions.

Where is the best place to live in Turkey as foreigner? ›

Istanbul is Turkey's largest and most developed metropolis. It is multicultural as it has the greatest population of foreigners. Istanbul serves as the country's economic and historical center for both citizens and visitors. It is considered the best city to live and work in Turkey.

Can a US citizen buy a house in Turkey? ›

Firstly, yes, as a foreigner, you can own land and property in Turkey. However, there are some restrictions. For instance, the total area of the land you can buy cannot exceed 10% of the total area of the district where the property is located.

How much does a nice house cost in Turkey? ›

The average purchase price of a property in Turkey had reached TRY 2,691,780 (USD 100,316) by August 2023. By contrast, one year ago, at the end of summer 2022, a residential property in the country cost on average TRY 1,488,500 (USD 81,510 at the exchange rate on 13 September 2022).

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