Exploring Apartment Prices in Coastal Yalova

Do you want to invest in the city of Yalova, one of the important investment destinations in the Turkish real estate market? This location offers a variety of benefits, including contemporary architecture, waterfront properties, and views. It has access to a thriving international cultural, exhibition and concert scene thanks to its proximity to Istanbul. This article will provide detailed information about apartment prices and the importance of investing in this distinctive area.

The Advantages of Investing in Yalova Apartments

For those looking to invest in Turkish real estate, Yalova, which is nestled away between Bursa and Istanbul, offers a special combination of beauty and affordability. Although every investment entails risk, these benefits deserve more consideration. Yalova apartments provide alluring benefits.

Yalova boasts a variety of properties and apartments for sale. The diversity of residential projects has contributed to providing many investment opportunities, ranging from small apartments to luxury apartments. Construction in this area is witnessing a remarkable renaissance and growth, as the latest urban methods are used for comfortable housing, and it is equipped with all social facilities that guarantee the well-being of residents.

The area provides a high quality of life for those looking for comfort and tranquillity. Yalova has a peaceful atmosphere with diverse recreational opportunities, from thermal baths and historical sites to mountains and beaches. This attracts retirees and those looking for a quiet getaway. It is witnessing real popularity among foreigners wishing to move to Turkiye.

The infrastructure in Yalova is modern and developed. Being connected to a network of roads and public transportation that provides freedom and ease of movement for the population, perhaps the most important project that gave the region strategic importance is the Othman Ghazi Bridge, the fourth-longest suspension bridge in the world. The area also boasts hospitals, schools, public facilities and many nearby shopping malls that make life easier.

Yalova Real Estate Market

Yalova is a Turkish city situated south of Istanbul on the Sea of Marmara. Because of its historical attractions, hot springs, and scenic surroundings, it is a well-liked travel destination.

According to the Turkish Statistical Institute, Yalova had more than 120,000 properties as of 2023, with flats accounting for the majority of the market share. In comparison to 2022, the average price of an apartment in Yalova climbed by 25% in 2023. Yalova city centre has over 60% of all properties, with the districts of Termal and Altınova following.

Factors Affecting Apartment Prices in Yalova, Turkiye

You can buy or invest in the city's real estate market more wisely if you are aware of these factors.

Apartment Location

Beachfront apartments are the most expensive due to their proximity to the sea; they may cost up to three times more than other apartments without sea views. Distance to the city centre also affects prices. Because they are more convenient and have easier access to facilities, apartments near the city centre are usually more expensive.

Check out our offers for the best villas for sale in Yalova.

Apartment characteristics

Naturally, larger apartments with more bedrooms and bathrooms are more expensive than smaller studio flats. Well-kept, newer apartments often demand greater rates since age and condition play a big impact.

Amenities

Many people look for amenities when choosing an apartment, as they provide basic services for residents and ensure the highest levels of luxury, security and comfort. Prices are higher for buildings equipped with fitness centres, swimming pools and on-site security.

Apartment Prices in Yalova, Turkiye

This table provides an estimate of apartment prices in the Yalova region according to the apartment area. To determine more accurately, you must inspect the apartment and know its features. These prices are not final or comprehensive.

Apartment Size	Average Price Range
Studio	$32,000 - $48,000
1-Bedroom	$48,000 - $80,000
2-Bedroom	$96,000 - $160,000
3-Bedroom	$200,000 - $400,000
4+ Bedrooms	$400,000+

Important Tips for Buying an Apartment in Yalova

These are the most important tips provided by Imtilak experts for those wishing to buy an apartment in the Yalova area.

• Define your goals: Are you buying for investment, primary residence, or vacation use? you should determine the primary use of the apartment you want to buy. For example, some apartments provide good living accommodations but may not be suitable for renting.
• Affordability and Budget: Start by comparing home prices from different developers, then carefully consider your needs and budget before narrowing down your options. This will help you find a suitable apartment quickly.
• Choose an Apartment from a Trusted Broker: Trusted agents have greater experience and ensure high-quality services. This is being done to prevent illegal activity. Agents like Imtilak with high sales rates have a proven track record because many people have purchased their apartments via them.
• Legal Check of Property: Ensure that the property is legally licensed to build on the plot of land on which it is located. The developer must obtain approvals and no objection certificates from the area development authorities, water supply and sewerage boards, electricity boards and the municipal corporation.
• Property restrictions: Are you free to make any alterations you like to your property, or are there restrictions? If so, what are they? make sure they comply with your plans for altering the flat.