Prices of properties in Turkey, and what affect it


With the strong demand witnessed on Turkey real estate market, awareness has become high about everything related to the Turkish real estate market to many,

even foreigners who want to buy a property or an apartment in Turkey in general are searching and collecting a lot of information about the real estate of the country before heading to a Turkish city and buying a property in it

And these foreign investors are interested in knowing the property prices in Turkey in the first place so they should know everything related to it in addition to the factors that affect the real estate prices, whether increase or decrease.


Among the most important factors that affect the prices of properties in Turkey, we mention:


Property location:

It is important for those who want to own a property in Turkey to understand that the location of the property is one of the most important factors that determine its price.

It is natural, for example, that property located in the center of the city will cost more than apartment on the edge of the city and away from the center of the movement.

Istanbul is the first and most preferred site for many foreigners, due to its richness in beaches, historical places, archaeological museums, and places of entertainment and entertainment.

This is despite the fact that the property prices in it are the most expensive in Turkey.

Other Turkish cities such as Trabzon, Bursa, Antalya and Yalova, which are characterized by low real estate prices compared to the prices of Istanbul properties follow it by the importance in attracting real estate investment


Property view:

The fact that the property is an apartment with a beautiful view, such as the sea or forests, which increases the price of the property, of course.

The fact that the apartment is located in a coastal area overlooking the sea, or in green rural areas, or even in the city center, all of this seriously affects the price of the property

For example, if the residence is close to the airport and public transportation, such as the metro, the metro bus, or one of the main highways.

Also, the proximity to tourist places such as beaches, public parks, and ancient places such as famous mosques, palaces, ancient castles, museums, places of entertainment and entertainment plays a role in the subject of property prices in Turkey.

This is in addition to the real estate's proximity to major development projects in the country, such as the New Istanbul Canal, and Istanbul Airport, where those properties are witnessing a clear rise in prices.

And do not forget about the subject near or after the property from the city center or easy access to it.


Architectural design of the property and its area:

The architectural design of the building of the property and the property itself plays an important role in determining its price.

In addition to the aesthetic aspect, the design includes other things such as the area of the apartment, the number of rooms, the number of bedrooms, the number of bathrooms, the number of balconies, the year of construction, the readiness of housing or the delivery date, the quality of covering Its quality, and other things that will definitely affect the price of the property


Facilities and services:

Usually constructing companies in Turkey are keen to build huge, upscale and well-serviced residential complexes, as these complexes provide residents with a wide range of services and facilities that meet the daily needs and requirements of residents.

In addition, when the property is close to shopping centers, cafes, restaurants, cinema complexes, supermarkets, schools, hospitals, pharmacies, subway stations and buses

Combined, these factors increase the price of the property, if any, of course, in addition to the topic of services provided by the complex, such as cleaning and maintenance services, and others.


The floor on which the property is located if it is an apartment within a building:

Buyers prefer to buy higher-level apartments or on the upper floors of high-rise apartment towers because they offer unique views of lower-level apartments or lower floors, and are far from all the noise that living in low-level apartments may cause.

Top floor apartments are not everyone's favorite, however, they are a new trend that offers residents a luxurious and private lifestyle than lower floor apartments.

It is a well-known fact in the real estate market that the value of the apartment rises the higher the floor.

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