Which Cities are Preferred for Real Estate Investments in Turkey?Mon, Jan 09, 2023, 10:08:30 AM
According to the data compiled from various real estate sites, recap for Turkey reveals that both from Turkey and from overseas, Istanbul is the most searched place for a property while foreign investors seem to search for property in Şişli, Beşiktaş and Marmaris most frequently.
Throughout the year, Konya Akşehir became the most searched district in Turkey to buy a real estate while Kuşadası which was the leading district for 2 years fell to the fourth place. First 5 districts searched for a house sale revealed to be as Akşehir, Amasya, Polatlı, Kuşadası and Yozgat.
Most Searched Rentals were in Istanbul and Trabzon
In 2022, the rising property values effected the rental property prices as well and it was on the spotlight with a %25 increase cap for old residents. According to the recap, throughout the year Istanbul, Trabzon, Aksaray, İzmir and Ordu were the top five cities that were searched for a rental property. Across these cities and more, the top districts searched for a rental were Esenler, Fatsa, Turgutlu, Amasya and Çayırova while daily rental searched occurred in İzmit, Düzce, Kadıköy and Selçuklu.
Izmir Shines in Land Investments
The demand for lands for sale increased with the pandemic in 2021 and throughout 2022 it continued to rise. Izmir with its beautiful seaside districts, vacation places, sunny and happy environment is attracting attention by investors. The most searched cities for land revealed to be İzmir, Aksaray, Istanbul, Konya and Antalya.
Pet Friendly House Searches Gained Popularity
A function which is named “Pet Friendly Houses with Paws” for pet owners gained popularity in 2022 too. The function allows pet owners to filter search results according to the pet friendly properties either for sale or rental.
The most used pet friendly searches for houses for sale occurred for districts Pendik, Balçova, Beylikdüzü, Başakşehir and Arnavutköy while for rental searches occurred for districts Atakum, Kuşadası, Bodrum, Mamak and Çiğli.
Foreign Investor Interest Grows in Turkey
According to the survey, the foreign investor interest for real estates in Turkey keeps growing which is revealed from the data collected from real estate sites. Most searched cities in English were Istanbul, Konya and Muğla.