Real Estate in Turkey Apartments Prices in Turkey | Page 3

• The cities of Trabzon, Bursa, Antalya and Yalova are no less important than Istanbul because of
their charming and attractive nature and tourist attractions.
• While prices are relatively decend as the demand is less in the inner cities, such as Konya,
Eskisheir, Gaziantep and others.
Second: Location of the Apartment within the City
Here are several factors that determine the price:
• The proximity to tourist places such as beaches, sea views, lakes, public parks, and
archaeological sites such as famous mosques, palaces, old castles, museums, and
entertainments.
• The proximity to the apartment from the airport and public transport such as the metro or bus
line (metro) or main streets, highways.
• Thousands of new investors are expected to arrive after the opening of the major
development projects in the country, such as the new Istanbul Canal and the Istanbul III Airport.
These mega projects have been operating for several years, and a significant rise in prices is
expected following the completion of multiple phases of completion of each of these major
projects.
• The dimension and proximity to the city center itself or the center of the area, such as the
famous district of Basaksehir, the new center of Istanbul with excellent prices for apartments.
• The occurrence of an apartment in a coastal area overlooking the sea, or in green areas, or
even in the center of the city, all affect the impact on the price of the apartment in Turkey.
Third: Specifications of the Apartment
In terms of several main things:
Apartment Area, Number of rooms, Number of Bedrooms, Number of Bathrooms and, Number
of Balconies, Year of Establishment, Floor Number within Architecture, Housing Availability or
Delivery Date, Quality of Cladding and Other Items.
Conclusion to the Prices of Apartments in Turkey
• In the end, it can be said that for $ 100,000 you can buy a good apartment in a large city like
Istanbul, the prices of apartments in Turkey are still relatively low compared to countries that
posses the same advantages as Turkey's properties.
• The real estate and construction sectors are expected to continue to grow and gain profits as
Arab and European investors will continue to pay attention to these two sectors in Turkey as a
result of the expected profits from the continued improvement in apartment prices in Turkey.
• There are still promising areas and vast areas for investment in Turkey that have not been
invested and entered by investors and developers, but are under consideration for their present
value and promising strategic location.