Find out the prices of apartments in the Turkish states for the month of June 2021

While the cities of Yalova, Mugla, and Sakarya accounted for the largest share of the rise in apartment prices, the rest of the states witnessed a general rise in apartment prices in Turkey.

Find out the prices of apartments in the Turkish states for the month of June 2021
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2021-08-13 Last update 2021-09-23

Find out the prices of apartments in the Turkish states for the month of June 2021

Learn with Imtilak Real Estate about the most Turkish states that witnessed an increase in the prices of apartments, and the rates of increase recorded during the months of June and July of this year.

Apartment prices rise in Turkey during June 2021

The prices of apartments in Turkey, in general, have witnessed a remarkable increase recently, coinciding with the continued rise in demand for apartments in Turkey, which was indicated by the record sales figures that the real estate market witnessed, especially during the last three months of this year 2021.

The cities of Yalova, Mugla, and Sakarya accounted for the largest share of the increase in apartment prices, during the month of June of this year, as the rate of increase in prices reached nearly 30%.

Prices of apartments in Turkey

Yalova, Mugla and Sakarya lead the Turkish states

According to a report prepared by the Hepsiemlak real estate platform, the state of Yalova ranked first among the Turkish states, which witnessed the largest increase in the prices of its apartments, between June and July of this year, as the rate of increase in the prices of apartments in Yalova during the mentioned period was 8.2 %.

Mugla came in second place after Yalova, with an increase in the prices of its apartments during the mentioned period, estimated at 7.9%, while the state of Sakarya ranked third, with an increase in the prices of its apartments amounted to 7.3%.

As for the top ten ranks in the percentage of apartment prices increase between June and July of this year, they were as follows:

Number
Province
The rate of increase in the prices of apartments between June and July
 
1
Yalova
8.2%
2
Muğla
7.9%
3
Sakarya
7.3%
4
Düzce
5%
5
Adana
4.9%
6
Bursa
4.5%
7
Konya
4.1%
8
Denizli
3.9%
9
Karaman
3.6%
10
Gaziantep
3.5%

Bursa and Istanbul top the major states

According to the figures related to the five major states in the aforementioned report, the Bursa state ranked first in the increase in the prices of apartments between the sixth and seventh months of this year, as the rate of increase in the prices of apartments in Bursa was 4.6%, and the average price per square meter reached 2,973 TL.

Istanbul ranked second among the five major states. The increase in the prices of apartments in Istanbul was 2.9%, and the average price per square meter reached 6578 TL.

The Turkish capital, Ankara, came in third place, with an increase in the prices of its apartments amounted to 2.8%, while the average price per square meter reached 3077 TL.

The figures related to the five major states, according to the mentioned report, were as follows:

Number
Province
Average price per square meter during June 2021
Average price per square meter during July 2021
Percentage of increase
1
Bursa
2809 TL
2937 TL
4.6%
2
Istanbul
6389 TL
6578 TL
2.9%
3
Ankara
2991 TL
3077 TL
2.8%
4
Antalya
5013 TL
5135 TL
2.4%
5
Izmir
4799 TL
4836 TL
0.8%

In the figures related to the regions within the states in Turkey, the Gaziosmanpaşa region ranked first among the Turkish regions, which witnessed the largest increase in the prices of its apartments, between the sixth and seventh months of this year, with an increase of 27.3%.

It was followed by the Center region in Yalova with an increase of 10.1%, and Foca in Izmir came in third place with an increase of 10%.

الضمان الحكومي انجليزي الضمان الحكومي انجليزي

The increase figures in the top ten regions in Turkey were as follows:

Number
Area
Province
Percentage of increase
1
Gaziosmanpaşa
Istanbul
27.3%
2
Merkez
Yalova
10.1%
3
Foça
Izmir
10%
4
Esenler
Istanbul
9.2%
5
Bağcılar
Istanbul
9.1%
6
Döşemealtı
Antalya
8.8%
7
Beyoğlu
Istanbul
8.7%
8
Başakşehir
Istanbul
8.1%
9
Selçuklu
Konya
8%
10
Çiğli
Izmir
8%

Great demand in the areas of the Marmara Sea

Commenting on the figures contained in the report, Mrs. Zeynep Tan Dogan, General Manager of Hepsiemlak Real Estate Platform, confirmed that the Marmara Sea region is witnessing a great demand for investment in its real estate, noting that 3 states of this region are on the top ten list of price increases, namely: Bursa, Sakarya, and Yalova.

Speaking about the factors affecting this demand, Tan Dogan emphasized that the industrial progress in Bursa and the presence of large factories in it had a significant impact on this demand.

She also noted the importance of tourist sites in Sakarya such as Sapanca and Sirdivan, which had made the State particularly attractive to foreign real estate investors.

prices of apartments in Yalova

 

Edited by Imtilak Real Estate©

Reference: Anadol

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