Apartment prices in Turkey do not constitute a major obstacle to owning a home there. You can do this even if you are a foreigner. The laws from the last decade offer flexible options. These options let non-citizens buy homes and invest in real estate.
This article provides a sample of Apartments prices in Turkey, in US dollars, Turkish lira, and Saudi riyals.
Apartment prices in Türkiye in Turkish lira
The changes in the Turkish economy have not hurt Turkey's appeal as a place to live. The cost of living is relatively low. There are many options available, making it possible to own an apartment on a moderate budget. This also opens the door to obtaining Turkish citizenship. The Turkish lira is the official currency for buying and renting real estate in Turkey.
Real estate consultants estimate the average price in Ankara, the second most crowded city after Istanbul, for a 100-square-meter apartment in a relatively new residential complex, at about one and a half million Turkish liras, a number that decreases when moving to less crowded and less spacious cities, such as Izmit, the beautiful city in the northwest of the country.
House prices in Türkiye
Turkey is a special tourist destination. It has marks of nobility that show different times in history. Because of this, Turkey ranks high in global tourism.
The foreign ownership law was issued in 2012. This made the area a popular place for real estate investors, especially Arabs. As a result, apartment prices rose over the years. They increased by 60 to 90 percent. This rise happened alongside the recovery of the real estate market. The market opened up to people wanting to own property from 129 countries.
Discover All Offers in Apartments For Sale In Turkey
Even with rising prices, average real estate prices in Turkey are still 50 to 60% lower than in Eastern Europe. They are also 80 to 90% lower than prices in Western Europe, according to a report by The Times.
These positive changes happened at the same time as the government introduced new laws. These laws offer great investment opportunities. They are suitable for a country that is growing economically. This growth is supported by political stability and ongoing development.
The quality of new residential projects has improved. Standards for buying or renting an apartment in Turkey have also increased. Location is still a key factor in determining price. The cheapest apartments are usually far from city centers. They are often located on the outskirts and in suburbs. This does not mean that basic services have declined.
Discover All Offers in Apartments For Sale In Istanbul
Real estate experts price apartments for sale based on location and other factors that increase their value. These factors include:
- Being close to transportation options like buses, metros, trams, ports, and airports is very important. This is especially true in busy cities like Istanbul, Ankara, and Izmir.
- Proximity to various development projects, especially those that provide job or investment opportunities. An example of this is the new Istanbul Canal, the lands on both sides of which continue to attract investors.
- Proximity to the most famous tourist attractions, which means being in a place full of the best services.
- The height of the apartment. In places with attractive sea or mountain views, apartments with higher floors gain added value, while apartments with lower heights are relatively cheaper.
- The property’s immunity to earthquakes, as the age of the property is included in its specifications, determining its ability to resist violent earthquakes and natural disasters. Of course, its price increases with these standard specifications.
Below is a sample showing the prices of apartments in Turkey by city and type, based on the average price per square meter :
Average price per Sqm in Turkish lira | City | Types of apartments |
57078 | Cheap apartments | |
23575 | Sakarya Apartments | |
34000 | Bursa apartments | |
107883 | Istanbul | Average price apartments |
27500 | Trabzon | |
78910 | Antalya | |
244384 | Istanbul | Luxury apartments |
74173 | Ankara | |
172484 | Istanbul | Hotel Apartments |
90911 | Antalya |
Apartment prices in Trabzon City
The city of Trabzon in northern Turkey is known for its beautiful nature and peaceful atmosphere. It has good infrastructure, even in the mountains. The cost of owning property here is low compared to apartment prices in Turkey overall. Houses in Trabzon are much cheaper than in Istanbul, for example.
Economists in Turkey say the average cost of living in Trabzon is $577. Trabzon is one of the least expensive cities in the world. Many foreign investors prefer it because of its natural beauty. It has lush greenery and views of the Black Sea coast. It also has ancient sites and cultural attractions that appeal to history lovers.
The recent rise in the dollar's value against the Turkish lira has impacted real estate in Trabzon. However, the market is still active and moving at a good pace. Apartment prices in Trabzon start at $66,000 for 3+1 apartments and approximately $70,000 for 4+1 apartments. The price of the apartment in Turkish lira ranges from 450 thousand for 3+1 apartments to 550 thousand for 4+1 apartments. Taking into account the factors of location, proximity to the sea, engineering design, and services available in the building and the region.
Apartment prices in Bursa City
Bursa is a city in northwestern Turkey. It is important for real estate investment. This is mainly because it is close to Istanbul. Bursa is also at the crossroads of fast land and sea transport.
The city has beautiful landmarks that attract many tourists, especially in winter. It is also calm and has many services. Integrated.
Bursa is gaining increasing real estate importance thanks to its lower costs of ownership compared to Istanbul. There are popular residential projects for real estate investors. Two of these are the Nilufer and Yildirim projects. They offer different apartment sizes, including 2+1, 3+1, and 4+1 duplexes. These projects also have many service and entertainment options nearby.
The starting price per meter for apartments in Bursa is $680 for a 2+1 apartment. This means a 94 square meter apartment costs about $65,000. A larger 150 square meter apartment is priced at around $102,000. Numbers vary according to the building location, its view, its height, the features of its design, and the services attached to it.
Apartment prices in Turkey vary greatly depending on the city, location within the city, apartment size, and building quality.
Istanbul: Prices for small apartments (around 70 sqm) start from approximately $90,000.
Bursa: A 94 sqm apartment costs around $65,000.
Trabzon: An 83 sqm apartment costs about $52,000.
Istanbul is generally the most expensive city, while Trabzon offers more affordable options.
Based on average 2025 prices:
1+1 apartment (65 sqm): around $99,372.
2+1 apartment (115 sqm): around $206,788.
3+1 apartment (155 sqm): around $320,197.
4+1 apartment (210 sqm): around $549,930.
Rental prices vary significantly depending on the city:
Istanbul: Monthly rent for a 1+1 apartment ranges between 10,000 and 15,000 TRY.
Ankara: Around 8,000 TRY per month.
Antalya: Around 9,000 TRY per month.
Istanbul has the highest rental prices, while Ankara and Antalya are more affordable.
Studio apartments in Turkey are generally priced between $50,000 and $70,000, depending on the city and location.
Istanbul: Starting from approximately $60,000.
Antalya: Around $50,000.
Mersin: Around $45,000.
Mersin is one of the more budget-friendly cities for buying a studio apartment.
The best city depends on your purpose:
Istanbul: Ideal for investment with high rental returns.
Antalya: Great for living and enjoying the seaside lifestyle.
Bursa: Offers a peaceful environment close to Istanbul.
Trabzon: Affordable prices and beautiful natural surroundings.
Istanbul is best for investors, while Antalya and Bursa are excellent for residential living.
The Evolution of Turkey’s Residential Property Market
Over the past five years, Turkey’s residential property market has experienced remarkable growth, driven by both domestic and international demand. Rising urbanization, population growth, and the appeal of Turkey’s citizenship-by-investment program have all contributed to a steady increase in real estate values.
Between 2020 and 2025, major cities such as Istanbul, Ankara, and Izmir have seen average price increases of 150% to 250%, according to data from the Turkish Statistical Institute. This surge has been largely fueled by higher construction costs, limited land availability in central areas, and a growing number of foreign investors seeking profitable assets and currency advantages due to the depreciation of the Turkish lira.
Analysts expect this upward trend to continue as the government maintains supportive policies for foreign real estate investment and infrastructure development, making Turkey one of the most dynamic housing markets in the region.
Key Factors Influencing Property Value
The value of any apartment or property in Turkey is shaped by several key elements. The location remains the most decisive factor — properties close to business centers, transportation networks, schools, and shopping areas naturally command higher prices.
Views and surroundings also play a major role, with sea-view or Bosphorus-view apartments selling for up to 40% higher than similar units inland. Meanwhile, the construction quality, finishing materials, and inclusion in a modern residential complex significantly affect a property’s market value.
Many newly developed complexes offer 24/7 security, indoor pools, gyms, playgrounds, and landscaped gardens, making them ideal for both investors and families seeking long-term comfort and appreciation potential.
Comparing Major Turkish Cities
Istanbul remains the leading destination for investors due to its economic prominence, cultural diversity, and continuous infrastructure expansion.
In districts such as Başakşehir, Beykoz, and Kartal, average prices per square meter range from $2,000 to $3,500, while areas like Beylikdüzü and Esenyurt attract budget-conscious investors with modern housing options and promising rental yields.
Other major cities such as Ankara and Izmir offer a balance between affordability and lifestyle quality, with prices starting around $1,000 per square meter.
Meanwhile, coastal cities like Antalya, Trabzon, Bursa, and Sapanca have gained popularity among Arab investors seeking vacation homes surrounded by nature, with entry prices starting near $800 per square meter.
Market Trends and Outlook for 2026
Current projections indicate that Turkey’s housing market will continue its stable upward trajectory through 2026.
Mega-projects such as Kanal Istanbul, expanded metro lines, and smart city developments across the suburbs are set to boost property values further.
Emerging districts like Bahçeşehir, Büyükçekmece, and Kayaşehir are forecasted to see annual growth rates between 8% and 12%, especially in sustainable developments that emphasize eco-friendly designs and community living.
Off-plan properties are also drawing increasing attention thanks to flexible payment plans and higher long-term return potential compared to ready-to-move-in units.
Tips for Investors Before Buying Property in Turkey
Before purchasing, it’s crucial to define your investment goal — whether it’s long-term family living, rental income, or capital appreciation.
Working with a trusted real estate consultancy like Binaa Investment is essential for navigating the market safely and efficiently.
Our team assists clients through every step of the process: project selection, negotiation, legal review, title deed transfer, and post-sale support.
Investors are also encouraged to focus on projects offering rental guarantees or high resale potential, particularly in central or government-backed developments where demand remains consistently strong.
Buying with Binaa Investment
With Binaa Investment, owning property in Turkey becomes a smooth, transparent, and rewarding experience.
We offer a wide range of verified developments across Istanbul and other major cities, alongside complete legal and tax assistance to make your purchase process stress-free.
Buying through Binaa means more than just acquiring a property — it’s about securing a safe investment and a long-term opportunity for growth, stability, and lifestyle enhancement.
Our experts also help clients explore citizenship-by-investment options, ensuring full compliance and maximizing value.
✨ Contact Binaa Investment today for a free consultation and discover the most promising real estate opportunities and market insights for 2025 and beyond.
