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What are the Best Places to Buy Property in Turkey?

| Created : 2023-03-09
| Updated : 2024-03-27
Created : 2023-03-09
Updated : 2024-03-27

Turkey has long captivated the world with its unique blend of Eastern and Western cultures. Strategically located at the crossroads of Europe and Asia, with a thriving economy and a warm and welcoming people, Turkey is a magnet for international investors and immigrants seeking a high quality of life and lucrative investment opportunities.

From the stunning Aegean and Mediterranean coastlines to the vibrant cities and picturesque countryside, Turkey offers a diverse range of options for those seeking their dream home or investment property. The simplicity of integrating into the Turkish way of life is rooted in the country's rich and progressive culture, which is shaped by its youthful population.

In this article, we embark on a captivating journey to explore the best places to buy property in Turkey. From the bustling metropolis of Istanbul to the seaside paradise of Antalya, we delve into each destination's unique attractions and investment potential.

Where Should I Live in Turkey?

Turkey offers endless possibilities to fit every desire and budget, whether you're looking for a serene coastal escape, a modern metropolitan lifestyle, or an investment opportunity with excellent rental yields.

There are a few things you should consider before purchasing property in Turkey. First and foremost, you should answer this question: Where should I live in Turkey? There is a diverse range of cities and towns, each with its own alluring character.

The options may be confusing! You can envision a magnificent villa overlooking the sea, a quiet apartment in the midst of a lively city, or a classic stone home tucked in a charming town.

What are the Best Areas in Turkey for Family Living or Holiday Homes?

With its stunning landscapes and rich legacy, Turkey provides a broad spectrum of perfect settings for family living and vacation houses. There is something to suit every lifestyle and inclination, from glamorous cities with global vibes to calm coastal resorts.

Join us while exploring the top seven places in Turkey that guarantee a magical experience for both families and vacationers:

  • Istanbul is a dynamic metropolis where East meets West, with iconic landmarks, busy marketplaces, and a flourishing cultural scene.
  • Izmir is the third largest city in Turkey with a booming real estate market. The city's inclusive society and modern culture make it an ideal choice for long-term property investments. 
  • Antalya is a mesmerizing Mediterranean paradise, boasting gorgeous beaches, historic ruins, and a growing tourism sector, making it excellent for both living and vacationing.
  • Alanya is a gorgeous coastal town noted for its sandy beaches, crystal-clear seas, and colorful expat community, offering a welcoming atmosphere for vacation homebuyers.
  • Bodrum is a beautiful coastal city in Turkey with captivating sea-view villas. High demand for property from foreign investors
  • Mersin is a tranquil family getaway said to be a hidden treasure on the Mediterranean coast with a laid-back vibe, lovely marinas, and close access to historical monuments.
  • Bursa: Nestled against the backdrop of majestic mountains, this city combines natural beauty with a rich historical heritage, offering a tranquil setting for family living or vacation homes.
  • Fethiye is a charming town in the center of the Turquoise Coast famed for its gorgeous beaches, stunning Blue Lagoon, and relaxed culture, making it a favorite choice for families and vacationers.

Why Buy Property in Istanbul?

Istanbul, the dynamic and historically rich metropolis that connects Europe and Asia, has grown to be a popular destination for international real estate investments and home purchases. It is an attractive alternative for potential property buyers due to its distinctive mix of sturdy economics, unique culture, and numerous property options.

Istanbul Real Estate and Economy

The growing trend to buy apartments in Istanbul secures a variety of investment options. The thriving construction projects, the flux of finance, and the energetic tourism contribute to the city's well-balanced economy. This guarantees stability and reduces the risk of fluctuating market rates. 

Istanbul Culture and Society

Istanbul has a compelling aura shining through its multi-layered society and rich cultural heritage. The city's charming culture offers an immersive experience for residents and visitors alike, from historical treasures like the Hagia Sophia to busy bazaars and cozy neighborhoods.

Istanbul Rental Market

The rental market in Istanbul is a dream come true since it can accommodate a wide range of budgets and requirements. The city offers a variety of alternatives, so whether you're looking for budget-friendly flats or opulent penthouses, it's a desirable location for both renters and investors.

Where to Buy Property in Istanbul?

Istanbul's top seven real estate hotspots include the following:

  • Maslak: is an iconic spot in Istanbul’s business world. It's one of the most coveted areas for real estate investments. Maslak provides slick, contemporary high-rise residential towers and reliable access to transportation hubs and corporate centers.
  • Taksim: The bustling center of Istanbul, Taksim exudes an electric atmosphere with its trendy bars, shops, and entertainment venues. The area offers a mix of stylish apartments and commercial properties, attracting young professionals and investors.
  • Fatih: The heart of historic Istanbul, Fatih preserves its old-world charm with enchanting Ottoman architecture, cobblestone streets, and proximity to iconic landmarks like the Grand Bazaar, Spice Bazar, Sultanahmet Mosque, and Hagia Sophia, exciting those seeking a touch of tradition.
  • Kadikoy: With its one-of-a-kind culinary scene, cultural events, and bustling markets, Kadikoy, a district on the Asian side of Istanbul, offers a dynamic and cosmopolitan atmosphere. The area presents a variety of homes, making it desirable for people looking for a genuine Turkish experience.
  • Beylikduzu: Known for its well-planned housing compounds and cutting-edge infrastructure, Beylikduzu provides a host of spacious homes, first-class facilities, and convenient access to metro stations.
  • Esenyurt: This area features a developing real estate market with reasonably priced flats, active commercial centers, and proximity to Istanbul's educational institutions, making it a desirable option for college students and fresh graduates.
  • Kucukcekmece: Nestled by the picturesque lake, Kucukcekmece boasts tranquil surroundings, family-friendly neighborhoods, and affordable housing options, attracting both locals and expats.

Why Buy Property in Izmir?

Izmir, a gem on Turkey's Aegean coast, is a lively megacity adorned with a smooth integration of modern infrastructure and ancient landmarks. Recently, it has seen an upward trend in foreign real estate purchases and investments, thanks to its strategic location, thriving economy, and appealing lifestyle options.

Izmir Real Estate and Economy

The real estate market in Izmir is a reflection of its evolving and expanding economy. With strong pillars in agriculture, industry, and commerce, Izmir offers a stable environment for real estate investments. The city is also a hotspot for massive infrastructure projects, such as the expansion of the Izmir Adnan Menderes Airport and the planned new subway lines, contributing to an increase in property values.

Izmir Culture and Society

Izmir's societal fabric is rich with a harmonious, balanced coexistence of the past and present. The city's diverse cultural heritage, coupled with a progressive community structure, makes it a welcoming place for individuals from all walks of life. This cultural dynamism translates into a real estate market offering a wide range of property styles, from traditional Turkish homes to contemporary apartments.

Izmir Rental Market

The rental market in Izmir is as varied as it is attractive. Ranging from luxury seaside apartments to economical student housing, there's something for every budget. This diversity, combined with the strong demand empowered by the city's growing population and increasing tourism, makes the rental market a lucrative avenue for investment. The high rental yields, particularly in central districts and coastal regions, add to Izmir's appeal among domestic and international investors.

Where to Buy Property in Izmir?

Below is a list of the key locations where Izmir real estate is in high demand:

  • Alsancak: The heart of Izmir's nightlife and cultural events, properties here are popular among younger crowds, promising high rental yields due to the district's vibrant social scene.
  • Karsiyaka: This district features stunning sea views and a laid-back lifestyle, attracting families and retirees. Property values are steadily appreciating, making them an excellent long-term investment.
  • Konak: As Izmir's administrative center, it boasts a fusion of commercial and residential properties. Investing here offers the potential for both residential and commercial rental income.
  • Bornova: Hosting Ege University, this district's rental market is dominated by students, offering investors consistent demand for rental properties.
  • Balcova: With its thermal spas and luxury residences, properties here are popular among wellness tourism seekers, making it an excellent option for short-term rentals.
  • Buca: The progressive initiatives and affordable housing options make this district a favorite among first-time property buyers, promising potential for value appreciation.
  • Urla: Offering exquisite beach properties and villas, this coastal district attracts affluent locals and tourists, offering high returns on vacation rentals.

Why Buy Property in Antalya?

Antalya, a captivating destination on the Turkish Riviera, enthralls visitors with its pristine beaches, ancient ruins, and dynamic city life. It is a desirable hotspot for foreign real estate purchases and investments, offering many enticing prospects.

Antalya Real Estate and Economy

Antalya's real estate market flourishes alongside its solid economy. With a focus on tourism and agriculture, Antalya apartments for sale attract investors with their strategic location, favorable climate, and ongoing infrastructure expansions, ensuring promising returns and value appreciation.

Antalya Culture and Society

Antalya's rich cultural tapestry and inclusive society create a harmonious blend of tradition and modernity. From exploring historical sites and visiting ancient museums to participating in local festivals, residents enjoy a diverse range of cultural experiences, making Antalya a seductive place to live and invest in real estate.

Antalya Rental Market

Antalya's rental market showcases a diverse range of options to suit various budgets and preferences. With pricing options from affordable city center flats to luxurious beachfront apartments, investors find tempting possibilities for rental income and long-term value growth, motivated by the city's popularity as a year-round tourist destination.

Where to Buy Property in Antalya?

In Antalya, the most popular areas to purchase real estate are:

  • Konyaaltı: With its breathtaking coastline and towering mountains, elite residences, and cutting-edge facilities, Konyaaltı is a desirable destination for real estate investors.
  • Lara: is a renowned neighborhood that attracts high-end property purchasers looking for a fancy lifestyle and promising investment opportunities. It is well known for its sumptuous resorts, elegant villas, and premium residential complexes.
  • Kaleici: With its narrow streets, Ottoman-era houses, and ancient ruins, Kaleici captivates everyone with its historical charm. The district offers a unique real estate experience, blending historical authenticity with modern comfort.
  • Muratpasa: Positioned at the heart of Antalya, Muratpasa is a populous district with a diverse mix of residential and commercial properties. Its vibrant urban atmosphere and favorable location make it highly sought-after for real estate investments.
  • Belek: Famed for its world-class golf courses, luxury resorts, and golf-themed properties, Belek presents an excellent investment opportunity for golf enthusiasts and vacationers, combining leisure and real estate in a picturesque setting.

Why Buy Property in Alanya?

Alanya is a popular tourist destination in Turkey, known for its beautiful beaches, stunning scenery, and mild climate. It is also a popular destination for foreign real estate purchases and investments. In recent years, Alanya has become a major center for real estate investment, with many foreigners buying property in the city.

Alanya Real Estate and Economy

Alanya's real estate market is very active, with a wide variety of properties available for sale. Prices for property in Alanya vary depending on the location, size, and condition of the property. However, in general, property prices in Alanya are relatively affordable compared to other popular tourist destinations in Turkey.

The economy of Alanya is based on tourism, agriculture, and manufacturing. Tourism is the largest sector of the economy, and the city receives millions of visitors each year. Agriculture is also an important sector, and the city is known for its citrus fruits, olives, and tomatoes. Manufacturing is another important sector, and the city is home to a number of factories that produce textiles, furniture, and other goods.

Alanya Culture and Society

The culture of Alanya represents a harmony of Turkish and Mediterranean cultures. The city is home to a large number of foreigners, and there is a strong sense of community among the different cultures that live in the city.

The society of Alanya is relatively relaxed and informal. People are friendly and welcoming; they usually prefer to be intimate with newcomers. The city is a great place to live, work, spend a holiday, or raise a family.

Alanya Reantal Market

Alanya's rental market caters to a range of budgets, offering a vast selection of properties. From affordable apartments to upscale villas, investors can find attractive opportunities. The rental styles include daily, monthly, and long-term formats, each with different terms. With diverse pricing and customizable property features, it presents inviting investment opportunities for both holiday and permanent rentals.

Where to Buy Property in Alanya?

Alanya's main real estate attractions include : 

  • Alanya City Center: is the beating heart of Alanya, blending historical allure with modern amenities and offering an array of residential and commercial properties suitable for residents and tourists alike.
  • Mahmutlar: A sought-after district for real estate investment, Mahmutlar flaunts stunning beaches and a lively atmosphere, with a range of affordable apartments and holiday homes promising excellent rental potential.
  • Kargicak: Tranquility meets breathtaking views in Kargicak, an oasis of peace offering luxury villas and upscale properties, perfect for discerning buyers seeking exclusivity and serenity.
  • Avsallar: A haven for beach enthusiasts, Avsallar boasts pristine sandy shores and presents a mix of affordable apartments and upscale resort-style complexes, pleasing to both tourists and investors.
  • Oba: Embrace a laid-back lifestyle in Oba, a district known for its family-friendly environment. Discover modern apartments and cozy residential complexes nestled amidst natural surroundings, offering a tranquil residential retreat.

Why Buy Property in Bodrum?

Bodrum is a stunning beachside county in Turkey's southern regions. Bodrum is well-known for its beautiful waterfronts, crystal-clear blue seas, and rich culture. Bodrum is a prominent vacation resort that draws tourists from all over the world.

Bodrum Real Estate and Economy

The Bodrum real estate market is witnessing a golden era. Prices have been steadily rising in recent years, and there is a high demand for Bodrum villas in the area. The majority of buyers are foreign investors, drawn to Bodrum's beautiful location, mild climate, and strong economy.

Bodrum Culture and Society

Bodrum has a refreshing cultural vibe. There are numerous museums, galleries, and theaters in the city, as well as a thriving nightlife. Bodrum is also home to a number of festivals and events throughout the year.

Bodrum Rental Market

Bodrum's rental market is also progressively growing. There is a high demand for rental properties, both from tourists and from long-term residents. The rental yields in Bodrum are very attractive, making it a good investment for property buyers.

Where to Buy Property in Bodrum?

Here are some prime locations for buying property in Bodrum:

  • Bodrum City Center: The beating heart of Bodrum, the city center offers a versatile real estate market, historical landmarks, bustling markets, and lively nightlife.
  • Yalikavak: Exuding luxury and exclusivity, Yalikavak captivates with its world-class marina, high-end properties, and breathtaking views of the Aegean Sea.
  • Turkbuku: A haven for the elite, Turkbuku beckons with its upscale beach clubs, trendy waterfront restaurants, and luxury villas dotted along the picturesque bay.
  • Gumusluk: A tranquil fishing village, Gumusluk charms eyes with its authentic atmosphere, sea-view dining options, and rustic houses that blend harmoniously with nature.
  • Gundogan: Nestled in a tranquil bay, Gundogan boasts a laid-back ambiance, crystal-clear waters, and properties that offer a serene escape from bustling city life.
  • Ortakent-Yahsi: Known for its stunning sandy beaches and blue waters, Ortake Yahsi presents an array of real estate options, including seaside villas and charming countryside homes.

Why Buy Property in Mersin?

Situated on Turkey's captivating Mediterranean coast, Mersin is renowned for its scenic beauty, fluxing commerce, and rich cultural heritage. This coastal city offers a spectrum of real estate options suitable for people seeking to buy a house in a well-structured town or investors who are interested in making profitable gains supported by a scalable infrastructure.

Mersin Real Estate and Economy

Mersin real estate market and economic scene present favorable prospects for investors. With ongoing development projects, a growing economy fueled by sectors like agriculture and logistics, and increasing foreign interest, Mersin attracts those who envision promising property investments and potential returns.

Mersin Culture and Society

Mersin's cultural history and community style reflect a seamless combination of traditional and innovative influences. The city embraces its diverse heritage through captivating historical sites, cultural festivals, and a warm community spirit, creating an inviting atmosphere for residents and investors.

Mersin Rental Market

The rental market in Mersin offers a variety of choices and value propositions. From low-cost studios to upscale villas with Mediterranean views, investors can find irresistible opportunities for rental income and capital appreciation, driven by the city's thriving tourism sector and increasing rental demand.

Where to Buy Property in Mersin?

Here is a list of the prime areas in Mersin where purchasing a home is advised: 

  • Yenisehir: A vibrant district with modern residential complexes and commercial properties, tempting to urban dwellers and investors seeking convenience and a lively lifestyle.
  • Mezitli: A sought-after coastal area known for its beautiful beaches and a mix of residential options, offering a relaxed coastal living experience.
  • Tarsus: Steeped in historical significance, Tarsus showcases well-preserved architecture and traditional houses, fascinating to those seeking a blend of heritage and modern living.
  • Limonlu: Located in a serene countryside setting, Limonlu provides a peaceful living environment and opportunities for eco-friendly living, appealing to nature enthusiasts and those seeking a harmonious lifestyle.

Why Buy Property in Bursa?

Nestled in northwestern Turkey, Bursa delights with its historical charm, breathtaking landscapes, and thriving commercial activities. Known as the "Green Bursa" and an industrial powerhouse, it offers a unique blend of natural beauty and economic opportunities.

Bursa Real Estate and Economy

Bursa's real estate market and economic scene present favorable prospects. With continuous improvement ventures, a strong manufacturing sector, and growing foreign interest, Bursa apartments for sale attract investors seeking value appreciation and potential rental income.

Bursa Culture and Society

Bursa's cultural history and community style reflect a deep-rooted heritage. From the historic Grand Mosque to traditional bazaars, residents enjoy a rich cultural scene and a strong sense of community, creating a pleasant ambiance where everyone feels welcomed. 

Bursa Rental Market

Bursa's rental market offers a diverse selection of options at a reasonable price. Investors can find compelling rental income opportunities ranging from basic apartments to luxury properties, which are supported by the city's expanding population and economic growth, resulting in strong returns on investment.

Where to Buy Property in Bursa?

The most well-liked places to buy real estate in Bursa are:

  • Nilufer: is a lively district known for its modern residential complexes, lush greenery, and quality amenities, appealing to families and professionals seeking a comfortable and convenient lifestyle.
  • Osmangazi: Bursa's central district offers a mix of historical and modern properties, providing easy access to commercial areas, cultural attractions, and a bustling urban lifestyle.
  • Mudanya: A charming coastal town near Bursa, Mudanya offers a tranquil atmosphere, beautiful sea views, and a range of residential options, perfect for those seeking a seaside retreat.
  • Yildirim: This dynamic district boasts affordable housing options and an escalating commercial presence, making it an attractive choice for first-time buyers and investors seeking value and potential growth.
  • Iznik: Known for its historical significance and the stunning Lake, this district offers a peaceful living environment with a hybrid of traditional houses and modern residences, attracting nature lovers and history enthusiasts.

Why Buy Property in Fethiye?

Nestled in a breathtaking location on the southwestern coast of Turkey in Mugla Province, Fethiye boasts stunning natural landscapes, renowned tourism, and a unique charm. From turquoise beaches to ancient ruins, Fethiye captivates visitors and people looking to purchase a summer home with its allure.

Fethiye Real Estate and Economy

Fethiye presents a versatile real estate market, catering to a wide range of preferences. From beachfront villas exuding luxury to charming apartments radiating coziness, it entices both savvy investors and prospective homeowners. With the support of a booming economy, Fethiye guarantees a profitable return on investment.

Fethiye Culture and Society

You can immerse yourself in the captivating mosaic of Fethiye's cultural feast, where you'll find communities exuding warmth and hospitality. By delving into local traditions, you may indulge in delectable cuisine and embrace the genuine and heartfelt spirit that permeates every corner of this captivating region.

Fethiye Rental Market

Fethiye's rental market presents a plethora of options, serving both short-term visitors and long-term residents. From cozy apartments to luxurious villas, tenants can indulge in the ultimate comfort while enjoying Fethiye's picturesque surroundings.

Where to Buy Property in Fethiye?

Here is a list of Fethiye's famous locations in the property market:

  • Fethiye City Center: Offering a blend of modernity and historical charm, Fethiye City Center showcases a variety of properties, bustling markets, and exceptional social settings.
  • Ovacik: Tranquil and awe-inspiring, Ovacik offers idyllic homes surrounded by pine-clad mountains and stunning sunset views.
  • Gocek: A yachting paradise, Gocek allures people with its prestigious marinas, luxury properties, and access to the stunning Azure Coast.
  • Kayakoy: Steeped in history, Kayakoy offers a unique real estate opportunity with its beautifully preserved ghost village and restored stone houses.

What is the Cost of Buying Property in Turkey?

There are multiple factors that influence house prices, making it difficult to provide a single rate. Firstly, proximity to central locations, accessibility to amenities like hospitals, schools, and transportation hubs, as well as the overall significance of the city, play a vital role. Additional factors include proximity to the sea, the availability of beachfront views, luxury features, and penthouse options. While average house prices can vary, the average price for a new house typically hovers around $200,000.

What to Consider While Buying a Property in Turkey?

Buying a house demands utmost caution, as it represents a substantial investment that can lead to complications for both buyers and owners if not approached with due care. Those contemplating a home purchase should carefully consider the following key points to ensure a smooth buying and selling process.

  • Conduct detailed research on the owning company for mass housing projects.
  • Assess the earthquake risk level of the area where the house is located.
  • Personally visit and inspect the home before making a final decision.
  • Thoroughly examine every detail of a house under construction.
  • Ensure the property meets the eligibility criteria for obtaining a loan.
  • Verify the necessary licenses and permits associated with the property.
  • Select a reliable and trustworthy real estate agent to assist you throughout the process.

What are the Benefits of Buying Property in Turkey?

There are numerous compelling benefits associated with buying a house in Turkey. Here is a comprehensive list highlighting these advantages:

  • Growing Economy: Take advantage of Turkey's rapidly growing economy and potential investment opportunities.
  • Beachside Lifestyle: Enjoy the allure of coastal living and beautiful beaches.
  • Tourism Income: Leverage the potential for rental income through Turkey's thriving tourism industry.
  • Long-Term Investment: Turkey offers ideal opportunities for long-term property investments.
  • Easy Buying Process: relatively easy and straightforward property buying process for locals and foreigners.
  • Pleasant Weather: Experience a pleasant climate conducive to outdoor activities and a relaxed lifestyle.
  • Rich Cultural Heritage: Immerse yourself in Turkish culture with its fascinating history and traditions.
  • Diverse Property Portfolio: Explore a wide range of properties, including modern apartments, luxury villas, and historic houses.
  • Spacious Properties: Enjoy generously sized properties offering ample living space.
  • Low Crime Rates: Benefit from a safe environment with Turkey's low crime rates.

Can I get Turkish Citizenship by investing in Turkey?

Yes, you can obtain Turkish citizenship through real estate investment. For more in-depth information on this topic, we invite you to explore our comprehensive article dedicated explicitly to Turkish citizenship by investment.

How to Choose a Real Estate Agent to Buy a Property in Turkey?

Buying a house can be a complex task, and the risk of encountering fraudulent practices can be detrimental. Therefore, it is crucial to engage with a reputable institution or company. Istanbul Property, a leading real estate company in Turkey with 15 years of experience, offers comprehensive support to foreign investors and customers seeking to purchase a house in Turkey. They cater to your needs in every aspect and provide assistance in multiple languages, ensuring a reliable and stress-free experience.