30% increase in apartment prices in Turkey during August 2021
2021-10-26
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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.
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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.
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%
|
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