Top 5 Cities to Buy Real Estate in Turkey

Since the recent boom in the Turkish real estate industry, many people choose to invest here. Some want to relocate, while others have Turkey as their absolute vacation destination.

When buying property in Turkey, there are many things to consider before making a choice. This includes budget, lifestyle, etc.

The interesting thing about Turkey is that the real estate industry here can meet the different needs of all investors. If you are an investor interested in buying property in Turkey but cannot decide where to buy it, you are in the right place.

Today's blog will help you discover the 5 best cities to buy real estate in Turkey that offer high profits.

Istanbul

When we talk about real estate in Turkey, we cannot ignore the value of Istanbul and the diversity of its market. It is the number one tourist destination that comes to the minds of most foreigners considering investing in Turkey.

As a result, Istanbul sold the most real estate to foreign investors in 2020.

One of the main reasons why Istanbul has become a city with a record number of foreign investments is the abundance of commercial and residential real estate. Whether selling domestically or abroad, Istanbul is the market leader.

Istanbul not only has a huge real estate market, but also has numerous tourist attractions, and is also a business center that is attractive to foreign investors.

Istanbul is also the place with the most foreigners, especially Europeans. This means that no matter what type of property you invest in, there is guaranteed rental income.

The recently opened Istanbul Airport and other advanced developments in Istanbul, as well as the presence of various liberal and conservative neighborhoods, make it the best investment city where you want to enjoy the urban lifestyle.

Antalya

Our next choice is Antalya, which has a significant real estate market, second only to Istanbul in terms of foreign investment, and is popular with ethnic groups such as Germany, Russia and Iran.

Its reputation as an international seaside resort is why many people come to invest here. Foreigners originally came here as tourists looking for a relaxing vacation, but the spacious properties with beach views made them want to explore the property market here and buy property in Antalya.

Mild winters, a highly developed transport system, warm hospitality and great shopping opportunities make this a year-round residence for expats.

Antalya, with its airport, luxury hotels and resorts, is ideal for foreign buyers looking for rental income as apartment prices soared last year.

Fethiye

Fethiye is third on our list because of its booming tourism industry. Its stunning countryside views and warm weather make it a popular destination for Britons (expats and investors). Real estate here is still relatively cheap. This, combined with the stunning prospects Fethiye offers, has contributed to its popularity among investors.

With unlimited tourist attractions, cruise ships and elegant apartments and villas, the Fethiye region promises luxurious living. Areas such as Hisaronu and Ovacik are becoming increasingly popular among foreign investors due to modern real estate, peaceful lifestyle and breathtaking views.

Ankara

Ankara is politically important as it is the capital of Turkey. It also has the second largest population in Turkey.

Over the years, many expats have settled in this bustling city for its nightlife and high standard of living.

The city ranks among our best cities to buy property in Turkey due to its impressive property portfolio. Both Turks and foreign buyers prefer Ankara because of its high volume of real estate.

It has a wide range of newly built residential and commercial properties. Regardless of the type, properties here have top-notch on-site services and facilities.

Some of the leading educational institutions and major corporations are based here, creating demand for housing. This makes Ankara a good choice for those looking to buy an apartment to generate rental income.

Trabzon

Trabzonspor was our last choice. It is located in northeastern Turkey, where you can experience the natural beauty of the Black Sea region. With lush green mountains and natural parks, it is a true paradise for nature lovers and explorers.

Trabzon is also the best place to buy real estate for those looking to escape the hectic city life and seek tranquility.

What makes it even better is that it offers a more affordable lifestyle. It doesn't take much to enjoy the best here.

Many foreign families prefer Trabzon to buy and live in property because of the safety and many facilities it offers children.

In Trabzon, you can easily find residential properties with children's playgrounds, gyms, swimming pools and more. Many large companies such as energy companies are located here, and investing in Trabzon will soon bring the most lucrative business opportunities for foreigners.

Conclusion

Turkey is famous among expats for offering many of their dream lifestyles. We hope our blog on the 5 best cities to buy property in Turkey helped you learn more about these cities and their real estate potential.

Which city you choose to invest in depends on your goals as an investor. At the end of the day, it's best to choose a city that meets your needs and has the best return.

Also, you can now buy property in Turkey, which gives you the opportunity to become a Turkish citizen through the Turkish Citizenship by Investment Program.

Foreigners buying property in Turkey for the first time can read our detailed buyer's guide to understand the process.

At Property Superiors, we do our best to guide our clients to make the best decisions.