Top Factors for House Prices in Turkey

In light of the turnout witnessed by the Turkish real estate sector, house prices in Turkey are one of the most important attractions for foreign investors

Top Factors for House Prices in Turkey
20,006
2019-07-10 Last update 2021-04-09

Top Factors for House Prices in Turkey

In light of the turnout witnessed by the Turkish real estate sector, house prices in Turkey are one of the most important attractions for foreign investors.

Turkey's Properties World's Top Ranking

Talking about house prices in Turkey, the American real estate and investment site "Live and Invest Overseas" published an article entitled "Top Ten Places to Buy Real Estate Abroad for 2021" where Turkey was ranked among the best countries to own a property.

In the article:

"Istanbul is ranked ninth among the world's most visited countries in 2018, ahead of Berlin, Barcelona, Rome, Los Angeles, and other important tourist cities.

In addition to the growth of tourism in Turkey, Istanbul and the cities of Turkey generally enjoy strong economic growth with attractive tourism and investment options.

Home prices in Turkey

The city of Istanbul is one of the largest selling points and real estate investment in Turkey, and the Turkish real estate market within the budget of most investors.

Reasons to Impact Houses Prices in Turkey

House prices in Turkey vary according to the following factors:

1- Property Internal Floor Area

The area of the property is a key factor in determining the prices of apartments in Turkey, but you should pay attention to the net area and the brute area and internal division, and generally the larger the area of the property, the lower the unit price per square meter and vice versa.

2- Property Structure Condition

If the property is under construction, it is usually expected to be relatively low, leaving a better margin for a good return on investment compared to the ready-to-live property, in addition to the likelihood of future price improvements.

House prices in Istanbul

3- The Unique Location of the House

Where the proximity or location of the city centers directly affects the value of the property, the properties located in the heart of the city are priced higher than those located in the suburbs are.

As well as the proximity of the property to historical areas and sea views, all these play a key role in determining the value of the apartment be assessed.

Despite the steady growth of the public transport network in Turkey, the prices of houses in Turkey continue to rise and fall as the public transport stations of all kinds, Metro, Metropolis, or Tramway...

If we take into account the prices of houses in Istanbul, for example, Esenyurt area has preferential prices given that it is experiencing a continuous social and urban renaissance. Some major transport projects are still under construction and in progress, such as new tunnels and metro stations in the region leading to prices variation within the area, as close to the line of the express bus (Metrobus), for example, the arrival of the metro line to the region, led to the growth of real estate investment profits.

4- Proximity to Public Transportation

Where the prices of houses in Turkey are clearly reflected by their location of major infrastructure projects, such as the new Istanbul airport, and the Bosphorus Bridge.

5- House Entertainment and Shopping Center Surroundings

Plays an important role in determining the value of the apartment given the importance of these centers in each city, and one of the most popular multi-use malls in Turkey Mall of Istanbul, the leading European-level, and has a wonderful residential complex and commercial mall and commercial office tower ...

مشاريع قريبة من اسطنبول انجليزي مشاريع قريبة من اسطنبول انجليزي

A Glimpse at Houses Prices in Turkey

IMT-14 Panorama Residence Complex- Houses for Sale in Trabzon

  • The complex is considered to be the icon of Trabzoncity with its beautiful architectural designs and can turn dreams into reality.
  • Your house; shape to reflect your soul and your taste, you will own a house that will make you forget the complexity and intensity of daily life.
  • Welcome to a safe living area in perfect harmony with nature, surrounded by sporting and social facilities, where you can find comfort and quality at the same time.
  • Enjoy living a luxury life near the black sea beach and in the middle of Trabzon wonderful nature.
  • The project is located in Akçaabat district of Trabzon that is known for its beautiful views just a few steps from the sea.
  • Its location on the E-70 highway will facilitate commuting to all Trabzon areas very easily.
  • Surrounded by many schools, universities, hospitals, hotels and shopping centers.

 Real estate investment in Turkey

You can now own in this wonderful project at a reasonable price and large spaces shown in the following table:

 Number of rooms

Area

Number of bathrooms

Parking

The minimum price is in US dollars

1+2

155

1

1

62 thousand

1+3

160

2

1

82 thousand

1+4

210

2

1

117 thousand

2+4

260

4

1

166 thousand

 

IMT-153 Grand Palace Project- Houses for Sale in Istanbul Turkey

  • The project is located in the municipality of Zeytinburnu, which is the center of Istanbul in the European part. It is located on the coastal road linking Ataturk Airport to the city center. It also has a charming sea view on the Marmara Sea.
  • Grand Palace Project is located directly on the marina on the Marmara Sea coast, which the municipality of Istanbul has started to construct. There will be restaurants and cafes and there is a seaport for 250 yachts.
  • Only a few minutes walk from the E5 highway, one of the most important roads in the city. It is also close to the Marmaray metro line, which connects the Asian-European side.
  • Its proximity to many commercial and educational centers from universities and schools, as well as shops within the project, makes it an important real estate investment opportunity in Istanbul Turkey.
  • The project is close to Ataturk Airport, which let you reach the airport for no more than 10 minutes. It is also close to the Asian side due to its proximity to the Eurasia Tunnel that connects the two sides of the city.

 Number of rooms

Area

Number of bathrooms

Parking

The minimum price is in US dollars

1+2

104

2

1

339.000

1+3

163

4

2

569.000

1+4

209

3

2

747.000

1+5

232

3

2

2,107,000


The following table shows details the project:

Edited by: Imtilak Real Estate ©

Did you like our topic? You can share it with your friends now!

More from Imtilak
Important advice about foreigners buying land in Turkey

Follow with us the private dialogue with the General Manager of Erkan Real Estate, Mr. Abdullah Adak, about the types of...

2021-04-15
435
What criteria do foreigners prefer when investing in real estate in Turkey?

Detailed information on foreign investment in Turkish real estate and criteria for purchasing property for foreigners. A...

2021-03-16
1,278
Earthquake Insurance in Turkey and compensation for Turks and foreigners

Get to know in detail the reality of earthquakes in Turkey and the insurance of earthquakes and compensations for Turks...

2021-03-15
1,381
Privacy Policy

We use cookies to offer you the best possible user experience, learn more about how to use them