Villas in Turkey

Turkish real estate is a profitable investment. Property prices increase by an average of 6.7% every quarter. The dynamics of Turkish real estate prices are ahead of the EU dynamics. High yields are one of the reasons why Turkish real estate is so popular among foreign investors. Annual rental income can reach 20% during the peak tourist season.

In addition, a foreigner can apply for a residence permit in Turkey if they buy a house for at least $50,000. And if they buy a property for at least $400,000, they can apply for Turkey citizenship.

Villas in Istanbul are among the most expensive in Turkey. Foreigners buy villas in luxury residential complexes, with sea views, swimming pools, and private gardens. The cost of an Istanbul villa can reach $20,000,000, but the average price is about $1,500,000.

Prices for sea view villas vary by region. Expensive luxury villas are mainly located on the coast of the Aegean or Mediterranean Sea, such as Bodrum, Marmaris, or Fethiye. The average cost of a villa with panoramic sea views there is $2,000,000.

The cheapest villas are located in the mountainous areas of Turkey away from the coast. They are not in demand among tourists and wealthy foreigners because of their location. Alanya has relatively inexpensive villas for sale. There you can buy a two-storey villa near the sea for $200,000.

Bodrum is an elite seaside city on the Aegean coast of Turkey. The average Bodrum centre property price is $2,500 per 1 m². There are many residential complexes in the city, with villa prices starting at $700,000. Luxury seafront villas cost approximately $2,500,000.