Apartment Prices in Turkey 2026
2026-06-09
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A study that monitors a wide range of apartment prices in Turkey within several Turkish cities, such as apartment prices in Istanbul, apartment prices in Trabzon, factors of rising and falling real estate prices in Turkey and comparing them with their counterparts at international apartment prices to provide useful information to Arab investors.
Introduction to the Turkish Economy
- The Turkish economy has achieved record leaps in the past few years. Turkey's economy has been the largest Islamic economy, Turkey's apartment prices have risen in 2016 and Turkey's apartment prices in 2017 have spawned unprecedented price spikes.
- Turkey is an active member of the G20, the world's most powerful economy.
- Turkey's GDP for the year 2017 was about 851 billion dollars.
- The value of foreign investments in Turkey in 2017 amounted to 10.9 billion dollars.
- The number of foreign companies in Turkey for the year 2017 about 58 thousand companies.
These great achievements have been achieved through national self-sufficiency, which Turkey has been able to reach before joining the European Union.
- The geographical position of Turkey between Europe and Asia is a strong factor in addition to the preferred market and geographic factors of Arab investors.
- For all these reasons, the price of apartments in Turkey has achieved unprecedented growth as a real investment and development real estate tool due to high demand, preferably by Turkish and expatriate investors, especially from the Gulf countries.
- Despite all this, the price of apartments in Turkey for sale is still below the real value, which makes experts and specialists expect the price of apartments in Turkey to reach new record levels; focusing on apartments in projects that are still under construction, where it is expected to make excellent profits immediately after delivery or a few years later.
Real Estate Market Trends in Turkey
Apartment prices in Turkey have seen significant growth over the past decade, driven by modern legislation and foreign ownership rights that opened the market to more than 180 nationalities.
Since the Turkish Foreign Ownership Act of 2012, prices have steadily increased, and in 2026, apartments in prime locations like Istanbul, Antalya, and Izmir continue to show strong demand. On average, prices have risen between 60% and 120% over the last ten years, depending on the city and property type.
Supportive government policies, stable economic reforms, and attractive payment plans—including long-term installments—make Turkish apartments accessible to a wide range of buyers.
With Turkey’s political and economic stability, along with major infrastructure projects, apartment prices in Turkey are expected to maintain their upward trend, making the market appealing both for lifestyle seekers and real estate investors.
Read also: Property Prices in Turkey 2026
Price of Apartments in Turkey Compared with European Continent
- The law prices of apartments In Turkey is what attracting the Arab investors in the first place when it’s compared with its European counterparts. In Istanbul which is Turkey's economic capital and the world's largest city by population, you can buy a small apartment on the map for $ 100,000, with a good tourist site, and value Promising investment could rise to 140 thousand dollars when it is ready.
- The average price of real estate in Turkey is still 50-60% lower than in Eastern Europe and 80-90% in Western Europe, according to The Times.
- Turkey offers its foreign investors better real estate opportunities in terms of prices than other Mediterranean countries, as well as rental income of about 5.4% and is among the highest in the region.
Top Factors for the Apartment Prices in Turkey
First: Type and Importance of the City
- The tourism, commercial and industrial advantages of each city and its proximity to the sea, is very important in the prices of apartments in Turkey.
- Istanbul is the most expensive city in Turkey, and here is a list of the prices and the cost of living in Istanbul. The prices of the apartments are varied with the diversity of its 39 municipalities.
- The cities of Trabzon, Bursa, Antalya, and Yalova are no less important than Istanbul because of their charming and attractive nature and tourist attractions.
- While prices are relatively descending as the demand is less in the inner cities, such as Konya, Eskisehir, Gaziantep, and others.
Second: Location of the Apartment in the City
Here are several factors that determine the price:
- The proximity to tourist places such as beaches, sea views, lakes, public parks, and archaeological sites such as famous mosques, palaces, old castles, museums, and entertainments.
- The proximity to the apartment from the airport and public transport such as the metro or bus line (metro) or main streets, highways.
- Thousands of new investors are expected to arrive after the opening of the major development projects in the country, such as the new Istanbul Canal and the Istanbul III Airport. These mega-projects have been operating for several years, and a significant rise in prices is expected following the completion of multiple phases of completion of each of these major projects.
- The dimension and proximity to the city center itself or the center of the area, such as the famous district of Basaksehir, the new center of Istanbul with excellent prices for apartments.
- The occurrence of an apartment in a coastal area overlooking the sea, or in green areas, or even in the center of the city, all affect the impact on the price of the apartment in Turkey.
Third: Specifications of the Apartment
In terms of several main things:
Apartment Area, Number of rooms, Number of Bedrooms, Number of Bathrooms and, Number of Balconies, Year of Establishment, Floor Number within Architecture, Housing Availability or Delivery Date, Quality of Cladding and Other Items.
What are the Apartment Prices in Turkey?
|
City |
1+1 Apartment |
2+1 Apartment |
3+1 Apartment |
|
Istanbul |
$120,000 – $250,000 |
$180,000 – $350,000 |
$250,000 – $500,000 |
|
Antalya |
$90,000 – $180,000 |
$140,000 – $280,000 |
$200,000 – $400,000 |
|
Ankara |
$80,000 – $160,000 |
$120,000 – $240,000 |
$180,000 – $350,000 |
|
Izmir |
$100,000 – $200,000 |
$150,000 – $300,000 |
$220,000 – $420,000 |
|
Bursa |
$70,000 – $140,000 |
$110,000 – $220,000 |
$160,000 – $300,000 |
|
Trabzon |
$60,000 – $120,000 |
$100,000 – $200,000 |
$150,000 – $280,000 |
For detailed projects with their specifications and prices, please visit the following links:
Apartments for Sale in Turkey - Apartments for Sale in Istanbul - Apartments for Sale in Trabzon.
After you have completed your search for the prices of Turkey's apartments and cities, and when you make a purchase decision, do not forget to consult a reliable real estate company such as Imtilak Real Estate Company, to facilitate the purchase and ownership of apartments in Turkey and to ensure the best reliable rates for the best apartments under projects Governmental in Turkey.
Edited by: Imtilak Real Estate ©
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