Property in Turkey at Turk.Estate
On our website, you can find all the latest property deals in Turkey. Listing an exclusive range of holiday apartments, houses, villas, bungalows and commercial properties, Turk.Estate makes it easier for you to find your ideal property regardless of whether you are looking for an option to buy, rent, sell or invest in.
We offer property deals from top verified developers and individual sellers as well as useful information on how to buy a property in Turkey and move to this country.
Real estate for sale in Turkey: specifics of the local market
The Turkish real estate market has been considerably developing through the last few years. 2018 was very successful – foreign investors were extremely active and acquired almost 40,000 properties, which is twice more than in 2017. The following year continued this positive trend. The growth of property sales was also boosted by the government that lowered the property price limit (from $1,000,0000 to $250,0000) that allows foreigners to obtain a residence permit.
According to real estate experts, luxury and low-budget properties in Turkey are the best solution for investment. This country ensures a friendly investment climate, large perspectives of economic development, high quality of construction, property prices and taxes lower than in other popular European countries.
Property for sale in Turkey: popular regions
The highest property sales are observed in Istanbul. However, foreign buyers from the UK, Germany, Finland and other countries prefer the following Turkish resorts:
The Turkish real estate market offers an excellent range of properties of all sorts: apartments or flats, penthouses, houses, villas, low-budget housing options, newly built developments in Turkey as well as exclusive first-class projects.
Real estate in Turkey: prices 2020
The most affordable properties are located on the Mediterranean coast. The Aegean coast offers more expensive housing options – their price may be twice higher than the same options on the Mediterranean.
The average property prices in popular locations:
- Istanbul – approx. $2,660 per sq meter;
- Izmir – approx. $850 per sq meter;
- Fethiye – approx. $1,200 per sq meter;
- Bodrum – approx. $1,500 per sq meter;
- Alanya – approx. $600 per sq meter;
- Antalya – approx. $770 per sq meter.
The prices depend on the location and the property’s features. Most of the Turkish developers offer flexible installment payment options and Turkish banks give mortgage loans to foreigners.
This country has also a friendly property tax policy. On average, when you buy real estate in Turkey, you will have to spend around 8-10% of the property price on taxes and other charges. The annual property tax varies from 0.1% to 0.6% of the cadastral value. In general, taxes in Turkey and utilities will cost you considerably less comparing with other popular countries.
Turk.Estate helps find and buy an ideal property in Turkey
If you are looking for a house in Turkey, on our website you will find everything you need:
- The best deals from developers, real estate agents and individual sellers;
- One of the largest real estate database;
- Property search by different parameters;
- Latest estate news and useful information on life in Turkey;
- Professional real estate advice
We will help you make the right choice and buy your dream housing from a trusted seller. Check out the hottest Turkish property deals today!