30% increase in apartment prices in Turkey during August 2021

Imtilak Real Estate has monitored for you the increase in the prices of apartments in Turkey in general, which amounted to 30% during August of the year 2021.

30% increase in apartment prices in Turkey during August 2021
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2021-10-01 Last update 2021-10-26

30% increase in apartment prices in Turkey during August 2021

Some reports issued by real estate platforms in Turkey stated that the prices of apartments in Turkey, in general, had increased by 30% in August of this year. Learn about the details through Imtilak Real Estate.

Apartment prices rise by 30% in August

According to a report issued by the Turkish real estate platform Endeksa, house prices in Turkey, in general, witnessed an increase of 30% during a year from August 2021, with the average price per square meter reaching 3,410 TL.

According to the above-mentioned report, the average house price in all of Turkey was 443,300 TL, while the average investment life of the apartment in all Turkey was 20 years.

Aydin, Mugla and Antalya ranked first

In the details of the figures related to the annual increase in the prices of apartments during the month of August of the year 2021, the state of Aydin ranked first among the Turkish states, which witnessed the largest increase in the prices of its apartments during the mentioned period by an increase of 60%, where the average price per square meter reached to 3,385 TL.

Mugla came second where the annual increase in the prices of its apartments reached 54.63%, and the average price per square meter reached 8,925 TL.

Antalya ranked third with an annual increase in the prices of its apartments amounting to 44.63%, where the average price per square meter in Antalya apartments reached 5,487 TL.

To know more about the prices of apartments in Antalya, you can view the real estate offers provided by Imtilak Real Estate by visiting the Antalya properties page on our website.

Prices of apartments in Turkey

The three major states are led by Izmir

With regard to the figures related to the three largest states in Turkey, which witnessed the highest sales of apartments in Turkey, Izmir ranked first in the annual increase in the prices of apartments with an annual increase of 32.49%, and the average price per square meter in Izmir during the month of August of this year to 4,539 TL.

Followed by Istanbul in second place with an annual increase of 25.97%, where the average price per square meter reached 5,021 TL.

In this context, Imtilak Real Estate places a variety of high-end residential projects in Istanbul in the hands of investors, where you can find out the prices of apartments in Istanbul by visiting the properties for sale in Istanbul page on our website at Imtilak.

The Turkish capital, Ankara, ranked third, with an annual increase of 24.86%, as the average price per square meter in Ankara apartments reached 4,323 TL.

The figures for the increase in the prices of apartments in the twenty-nine states with the highest sales of apartments are as follows:

Rank
Province
Sales of apartments in the state during August 2021 (Apartment) 
Average price per square meter (TL)
Average apartment price (TL) 
The annual increase in apartment prices
1
 Aydın 
3.385 
4.987
629.720
60,04%
2
 Muğla 
1.910 
8.925
1.054.170
54,63%
3
 Antalya 
5.487 
4.323
495.500
44,63%
4
 Balıkesir 
3.453 
3.897
433.800
42,38%
5
 Şanlıurfa 
2.527 
2.084
340.725
41,58%
6
 Diyarbakır 
1.945 
2.409
368.115
37,66%
7
 Gaziantep 
3.504 
3.171
477.120
37,63%
8
 Mersin 
3.912 
2.684
381.455
36,04%
9
 Sakarya 
2.335 
2.864
328.560
34,4%
10
 Samsun 
2.532 
2.823
366.940
34,11%
11
 Kahramanmaraş 
1.672 
2.489
376.320
33,46%
12
 Hatay 
2.305 
2.207
311.250
32,55%
13
 İzmir 
7.731 
4.539
534.125
32,49%
14
 Çanakkale 
1.157 
3.776
392.260
32,35%
15
 Denizli 
1.602 
3.146
413.560
30,92%
16
 Konya 
4.075 
2.346
356.000
30,77%
17
 Adana 
2.746 
2.764
423.800
30,62%
18
 Tekirdağ 
3.539 
2.436
298.090
29,3%
19
 Afyonkarahisar 
1.077 
2.552
303.875
28,05%
20
 Eskişehir 
2.068 
2.960
340.320
26,88%
21
 Yalova 
1.516 
3.122
373.375
26,4%
22
 Bursa 
4.907 
3.051
377.390
26,34%
23
 Kayseri 
3.607 
2.209
348.480
26,23%
24
 İstanbul 
24.286 
5.021
547.285
25,97%
25
 Manisa 
2.068 
2.946
352.500
25,74%
26
 Malatya 
1.373 
2.200
359.040
25,21%
27
 Trabzon 
1.165 
2.623
399.360
25,08%
28
 Ankara 
13.642 
2.592
321.490
24,86%
29
 Kocaeli 
3.416 
2.788
336.000
23,91%

 

Edited by Imtilak Real Estate©

Reference: Endeksa

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