Prices of apartments in Ankara in dollars and Turkish lira

What are the factors that affect apartment prices in Ankara?

The prices of apartments and real estate in Turkish cities in general and the city of Ankara, in particular, are affected by several different factors, some of which are directly related to the property and other factors related to the place surrounding the property, and as such, the factors that affect the prices of real estate and apartments in Ankara can be classified into two groups:

Factors related to the property itself:

• The quality of the cladding in the property

The quality of the materials used to decorate the property, both internally and externally, increases the price of real estate in Ankara and other Turkish cities, that is, the higher the quality of raw materials, the higher the prices of apartments.

• Space and design

The area of ​​apartments and properties in Ankara is directly related to their prices, that is, the larger the area of ​​the apartments and the number of rooms in them, the higher their prices and vice versa.

• Apartment height

The rise in real estate and apartments in Turkey is a direct factor that increases their prices, due to the availability of beautiful views of the city or nature provided by the height from the ground, that is, the higher the apartments are, the higher their price.

• Construction novelty

The newer the construction, the higher the price of the property, and if the property is new and has not been used before, the price will be higher at all.

Factors related to the surrounding location in the property:

• Central area

There are central areas within the cities that constitute their commercial and vital pulse. In these areas, the prices of apartments and real estate rise without other remote areas in the cities. For example, the Çankaya district in Ankara is characterized by high real estate prices as it is the center of the state and its commercial nerve, as well as the Yenimahalle area, which includes the Republican Palace from the rest of the other regions, where the central areas are an important factor in the rise in the prices of real estate and apartments.

Central areas in cities are also characterized by stable real estate prices and high demand rates, meaning that they are areas in which the risk rate in real estate investment is low, and the possibilities of loss when reselling the property are reduced.

• Services

The more public facilities and services in the real estate area, the higher the price, like metro stations, universities, hospitals, malls, and commercial centers are attractions that lead to an increase in the price of the nearby real estate.

The price of apartments and real estate is related to the quality and quantity of services included in the residential complexes that include these apartments, as the prices of apartments increase in the complexes that provide more services and of higher quality.

• Views

The view is one of the main factors that lead to an increase or decrease in the price of a residential apartment in Ankara. The more beautiful, natural, and attractive the view, the higher the price of the apartment.

Average prices of apartments in Ankara in dollars

Although Ankara is the political capital of the country, the prices of apartments in the city are relatively cheap compared to the prices of apartments in Istanbul, so many foreigners and Turks want to buy apartments in the city, which has no less infrastructure and quality of life than Istanbul.

Imtilak Real Estate experts estimate the average prices of apartments in Ankara in dollars (at the exchange rate of 13.65 per dollar) for a two-room apartment with an area ranging from 95-100 square meters in a new and integrated residential complex to 125,000 dollars.

Average prices of apartments in Ankara in Turkish liras

The Turkish lira is the officially approved currency in the buying and selling of real estate in Turkey, where the title deed is not delivered or legal transactions are completed unless the sale price is revealed in the Turkish lira.

As a result, most of the announced prices for apartments and real estate are in Turkish lira, and the average price of apartments in Ankara in Turkish lira for a two-room apartment and a hall with an area of ​​up to 100 meters in a new residential complex is about one and a half million Turkish liras.

What are the cheapest prices for apartments in Ankara, Turkey?

Many different real estate options in Ankara suit all those wishing to buy a property in the city. The real estate market in Ankara is booming with apartments of different sizes, designs, and prices.

Imtilak real estate consultants point out that buying an apartment in Ankara, at a minimum, costs $70,000 only, with specifications of one room with a hall within a residential complex, stressing that the city is relatively cheap in real estate prices compared to Istanbul.

How does Imtilak Real Estate help you buy an apartment in Ankara at the cheapest price?

Imtilak Real Estate group recently opened its branch in the Turkish capital, Ankara, in response to market requirements from its local and foreign clients.

The company's office in Ankara provides the best real estate and investment opportunities in the city, and the company offers its experience in the Turkish real estate market to obtain the best exclusive prices for apartments.

Imtilak Real Estate also provides apartments in Ankara with many spaces and prices within two luxury projects:

Ankara Residences IMT – 1603

It is one of the largest residential projects in Ankara, located in the central district of Yenimahalle in central Ankara, and is close to the largest national park in Turkey.

Mari Ankara IMT - 1601

It is one of the luxury projects in the Turkish capital, Ankara, located in the prestigious Cankaya district, which includes all the embassies of the world's countries.

Edited by Imtilak Real Estate ©

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