Best Places to Buy Real Estate in Turkey

Turkey has been on an upward trajectory in recent years, and Istanbul has been at the heart of that movement. The real estate market has exploded, and buyers in Turkey and around the world are looking to invest in real estate as an easy and profitable way to diversify their portfolios.

Buying property in Turkey has become very popular and easy in recent years. Thanks to the government's efforts to open up the real estate market and encourage economic growth by investing in and developing new properties. With their support, it's now much easier to buy real estate in Turkey.

However, choosing the right location is still essential if you want your investment to pay off.

Why Choose Turkey for Real Estate Investment?

Investing abroad is often not an easy task. But given the current economies of other countries, there are some good reasons for people to invest in Turkish real estate. We explore them below.

• Attractive exchange rates

Turkey has weathered the flip side of economic instability. Its attractive exchange rate has attracted the attention of tourists and expats with its natural beauty, rich cultural heritage and delicious cuisine.

• Turkish citizenship through real estate investment

One of the advantages of buying property in Turkey is that you can get Turkish citizenship. If you invest more than $400,000, you can become a Turkish citizen or acquire a residence permit by purchasing a property worth $75,000 or more.

•  Attractive options

Turkey is an excellent country for foreigners looking to buy real estate. While it might not be at the top of your list, it can offer many great options worth exploring.

Best Places to Buy Property in Turkey

Istanbul: The Heart of the Turkish Real Estate Market

Istanbul is Turkey's largest city with over 15 million inhabitants and is home to the headquarters of many multinational companies. Istanbul has it all, from numerous cultural events to stunning waterways and green spaces. It's not the capital, but it's in the spotlight. It attracts many real estate investors because it houses the largest working class.

Another benefit is affordability and modern facilities. It also has the largest airport in the country, making it easy to connect to wherever you want to go. Many Turks and foreigners from other parts of the country have been flocking to Istanbul for centuries, making Istanbul one of the most popular places to buy real estate. Istanbul should be your first choice for anyone looking for a big city vibe and more opportunities for work and education. The only downside to Istanbul is that it is by far one of the most expensive and crowded areas in Turkey.

Fethiye: the Owner's Dream

Fethiye has long been one of the most popular areas in the south. The pine-clad mountains plunging into the turquoise waters are the perfect backdrop for the good life. Many expats and retirees call Fethiye their home and there is a vibrant expat and retiree community here. The city's return on investment (ROI) is close to 8%; therefore, we encourage our clients to invest in the area.

Dalaman Airport is one of the largest airports in Turkey and is located in Fethiye with a solid transport infrastructure that allows you to easily explore the area. Year-round pleasant weather makes it possible to enjoy all four seasons of Fethiye, and you can choose between mountain or seaside properties in quieter or more urban areas.

Kalkan: Real Estate with Spectacular Design and Luxurious Amenities

If you are looking for a prestigious villa, Kalkan is one of the places to invest. Imagine having stunning sea views from your balcony or terrace; that's what Kalkan has to offer. Stunning scenery, unique architecture and a luxurious haven is what you get when you invest in high-yield property in Kalkan. Choose from a resale option or a new villa and Property Superiors Turkey is ready to guide you through the hassle-free, step-by-step property buying process.

Göcek: a Picturesque Landscape

Gocek is one of the most amazing places to live in Turkey. Its grand estate is set against a picturesque backdrop. Buying a property in Gocek ensures a luxurious life where you can create unforgettable memories with your family. With its crystal clear turquoise beaches and fantastic islands, every day in Gocek feels like a vacation. Many people buy vacation homes here because it's perfect for summer vacation. Those looking to buy real estate as an investment have a huge advantage as the average weekly rent is $2,000 in summer.

Bodrum: a Haven of Luxury Residences

The Bodrum peninsula in the Aegean Sea has long been a popular holiday destination for Turks. This is no longer a local secret; many foreigners have joined the locals and live in one of the most beautiful places on the Aegean Sea. Home to the luxurious Yalikavak Marina and many top-brand hotels such as Aman, the deep blue waters have been attracting sailors for decades.

In Bodrum, you will find many of the same facilities on a smaller scale that Istanbul has to offer, such as American hospitals and branches of local and international schools. Besides the city of Bodrum, there are many different areas to explore, from the village-like Gumsluk to the lush Turkbuku.

Antalya: a City With Panoramic Views and a Vibrant Lifestyle

The Mediterranean climate of this Mediterranean country is not very humid or cold. Summers are hot and dry, and winters are short and mild. You can also enjoy museums, shopping, nightlife, historical sites, natural wonders and delicious food.

Many foreigners consider this place a perfect tourist destination with 300 days of sunshine. This is the ideal place if you are looking for a quiet and relaxing place to buy property in Antalya. After the government allowed foreigners to invest in real estate, this place is in high demand for luxury real estate.

Alanya: Researcher's Residence

Whatever your needs, there are several places in Turkey to buy properties large and small, making it easy to find the one that suits you. The Turks are gracious hosts and will make every effort to make your stay as memorable as possible. No matter what kind of vacation or business trip you have planned this year, it's worth considering staying in Alanya.

In terms of population, this is the second largest place after Istanbul. This place attracts real estate investors due to its many advantages. The amazing thing about this place is the affordable prices and friendly lifestyle.

Conclusion

After careful research and evaluation, the best places to buy in Turkey are listed above. These cities are attractive to those looking for investment and existing residents looking to buy property. For example, Istanbul's growth rate is much higher than all the other cities mentioned.

Another good reason to invest is that interest rates on Turkish mortgages are very low because the government does not want people to own as much property in other countries. Many also pointed out that Turkey's prices make it more affordable compared to many of its European counterparts. Turks have always been skilled builders, so you can rest assured that your new home will be carefully built and looked after by skilled craftsmen.