Cheapest Apartments for Sale in Turkey 2023

Most home buyers ask about the cheapest apartments for sale in Turkey. Does this option really exist or is it impossible? Is cheap real estate low quality or as good as other types of luxury real estate?

Given the importance of the subject, the Property Superiors editorial team brings you a report on the subject, highlighting key details. We hope you enjoy reading.

How to Find Cheap Apartments in Turkey?

Turkey is a great place to buy property. Whether you're looking for a holiday home or an investment, the country has a lot to offer buyers, from stunning scenery and culture to friendly people and great value. However, it is difficult to find cheap apartments for sale in Turkey.

Cheapest Apartments for Sale in Turkey

Here are top tips on how to find cheap or affordable housing:

  • Before you start looking for cheap apartments for sale in Turkey, it is important to do a site visit to make sure you know what you are looking for and what your budget is. It's also worth noting that prices can vary by location, so it's worth considering different areas before making a decision.
  • It is important to hire a reputable agency or company. There are many companies that claim to help you find the best deals and options, but not all of them are reliable. So, be sure to read written recommendations and compare prices before deciding on any company.

Ways to Buy Cheap Apartments in Turkey

There is no denying that it is simply not possible to buy cheap apartments in Turkey. Although prices have increased slightly, there are a number of ways to help you find the apartment that's right for you at the right price, including:

1 - Buying a house in a rural area:

One of the ways to buy cheap housing in Turkey is to search in rural areas. There are many small towns and villages across the country that offer a variety of real estate options at affordable prices.

Cheapest Apartments for Sale in Turkey 2023

2 - Buy a property that needs renovation:

Another way to find cheap apartments in Turkey is to look for those that need repairs. Many of these units can be purchased for a fraction of the cost of new or fully refurbished units.

However, when considering this type of purchase, it's important to factor in the cost of repairs.

Finally, foreigners can benefit from lower prices by purchasing property in Turkey through a Turkish real estate company. Because real estate companies have many privileged relationships with builders, this option may offer special financing terms not available to individuals.

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3 - Purchase of property under construction:

One of your options is to buy a condo that is under construction as this can be a good way to get a good opportunity as condos under construction usually cost less than completed properties and of course it comes with some risk buying under construction apartments, as the completion date may be delayed, or the completed property may not be of the quality you expected.

However, these risks can be mitigated if you do your research and choose a reputable developer.

4 - Purchase real estate in installments:

One way of buying cheap apartments in Turkey is by buying in installments where you can find many attractive installment options for buying property in Turkey. One of the advantages of this option is that you can spread the total cost of the property over a period of time and pay in monthly installments. This way, you can control your spending and still get the property you want.

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5- Purchase of the apartment in question:

When buying an apartment in Turkey, you may come across some legally problematic properties, and while these properties may be cheaper than others on the market, it is important to understand and do your research before buying.

Here are a few things to consider when buying this type of apartment:

  • Make sure you understand the nature of the legal problem and what is required to resolve it.
  • Hire an attorney who specializes in real estate law to help you with the process.
  • Willingness to put in more time and effort to solve problems.

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6 - Purchasing housing by public auction:

Auctions are a great way to buy cheap apartments in Turkey. As long as you know what you're doing, here are some tips for buying property in Turkey via auction:

  • Do your research and make sure you know what you are offering before you start bidding.
  • Research the property and the area it is in so you have a good idea of ​​its value.
  • Do not bid more than you can afford, and remember that if you win the auction, you are obligated to pay for the property. So before you start bidding, make sure your money is in place.
  • Stay within your budget so that if other people bid on you and the price starts to rise, you won't be tempted to bid more than your funds will allow.

However, it is worth noting that buying a cheap apartment in Turkey does not mean that you will get a low-quality apartment. Instead, standards are well maintained. You should also know that real estate prices do not remain stable for long periods of time, but fluctuate constantly, so they can rise at any time.

All the principals at Property Superior stand ready to provide you with prime real estate offers and options that suit you and your goals.

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