Anyone looking at where the cheapest property in Turkey is, will be delighted to know that there are several places to find excellent properties, also with appreciation potential. Whether you are looking at detached villas or exclusive listings or want to see those competitive prices, Turkey delivers everything it promises.
The country thrives with foreign house sales. Roughly 50,000 sales of designer apartments and cheap houses are made every year. The reasons people look at real estate for sale vary from investments to holiday homes to finding somewhere permanent to live. Tourism industries play a large part in this, but Turkey also offers a rich cultural heritage and comfortable lifestyles. With that in mind, which destinations should you head to if you want to find homes on a budget?
Before we start, if you want to talk to an agent about this topic, call us, and we will answer your questions, advise on the type of deal that suits you, and give impartial advice. Otherwise, read on to discover where to go for untapped opportunities.
Where is the Cheapest Property in Turkey to Buy?
1. Calis, in Fethiye for Quality of Life
This beautiful place for families, thanks to lovely, shallow waters and a bustling promenade, sits in the Fethiye region on the Mediterranean coast and is popular with holiday home seekers as well as expats. Calis, a great spot for permanent living, has abundant amenities and a year-round population.
You won't find any distressed properties since Calis is man-made and built to accommodate the tourism overspill from the Fethiye town centre. But spacious apartments have good views of that orange-glowing sunset that Calis Beach is famous for. There are villas for sale, and regarding the Calis property market, there is much to be impressed about. The potential for growth in value is there, but you need to look at keeping it for mid- to long-term periods.
2. Side in the Antalya Coastal Destination
Another family-friendly beach with cultural attractions for kids and adults alike, Side's popularity as a holiday destination is growing—along with house prices. Side's pleasant year-round temperatures and proximity to excellent facilities mean it's a good spot for a permanent home among rich history.
A property search will mostly reveal one—to four-bedroom apartments, but these are in prime locations. The quirky aspect about Side is that it was built around the old historical ruins of a Roman town, so it is a tourist attraction in itself. It is just a one-hour drive from Antalya's coastal city, should you want a larger choice of shopping and nightlife scenes.
3. Altinkum - Didim for Cheap Homes and Cost of Living
Once called a British hotspot thanks to British expats living there, other nationalities have now descended on Altinkum, also called Didim, to make this a compact town. When looking at real estate options, there is more supply than demand; hence, expect cheap property offers, especially in the city and inland areas.
Property types vary, but these are primarily attractive apartments in the centre. If villas are what you want, look at the Mavisehir, Yesilkent, or Akbuk areas. The high supply means real estate prices stay steady; hence, don't expect quick capital gains. However, there is potential for a long-term return on investment. This coastal town sits 1 hour from Bodrum airport and is home to the Apollo temple and ancient ruins. The name means golden sand, so expect loads of gorgeous beaches.
4. Fethiye for Pristine Beaches
Right in the heart of the Fethiye region, Fethiye Town is a cosmopolitan, lively centre—within easy reach of some of the best beaches around. This affordable city is ideal for permanent living thanks to numerous amenities and a year-round population. Moreover, nearby Fethiye Town is a modern working centre still holding onto that lovely traditional Turkish atmosphere.
Stroll along the marina, have a meal at the bustling fish market, or walk up the hill to see the ancient rock tombs—this small town has everything to offer. Cheap apartments are easy to find, and most are within walking distance of bus routes. There is promising appreciation potential, and the demand for holiday homes continues to rise thanks to tourism expansion promotions.
5: Istanbul - The Largest City for Advantageous Deals
Despite being Turkey's most expensive real estate market, the outskirt districts offer highly affordable apartments for sale. Places like Beylikduzu, Buyukcekmece, Bahcekent and Esenyurt provide low prices and have the potential for good rental yields since these are all areas where Istanbul families look to live. The reason is that the outskirt regions are undergoing infrastructure redevelopment, whether building new Turkish property, investing in transport links, or boosting social amenities like shops, banks, and restaurants.
Stay away from city centre areas like Beyoglu and the Sariyer district since these have the highest prices per square metre. But otherwise, for investment opportunities in the country, people always head to the outskirts of Istanbul districts. The bonus is investors save money. Developers build homes for sale on large lifestyle complexes with swimming pools and landscaped gardens. They offer off-plan prices and discounts for cash or long-term 0% interest-free payment plans.
6: Bursa for Family Houses
This strategic location on the Black Sea was late to modernize its housing market, so construction is ongoing. Thanks to its conservative culture, homes for sale in Bursa are popular with Eastern buyers. The area is more in line with their Islamic beliefs than places on the Aegean and Western coasts. Sabiha Gokcen Airport on the Asian side of Istanbul is also just a 70-minute drive away.
Bursa is Turkey's top skiing spot in winter when people flock from all over the world to ski on Uludag mountain. As a UNESCO World Heritage city, it is a popular tourist destination, and the famous Iskender kebab was invented here. Popular neighbourhoods with properties for sale in Bursa include Nilufer, Mudanya, and areas around Iznik Lake. Most feature apartment living, but there are luxury villas, and the tiny house concept has even come to Bursa.
7: Yalova for Your Dream Property in Nature
Yalova, a popular place with Istanbul Turks for summer houses for sale, has seen rising demand for properties thanks to interest from other demographics. Buy a luxury villa with a private pool, and you will find a bargain since the same house on the western coast costs double. There is the hotel concept for affordable properties, where you rent your apartment back to management for a rental income fee.
This suits because Yalova is known as a spa destination and is just 30-minute drive from Istanbul. Hence, Istanbulities like weekend breaks here. The property market isn't as comprehensive as other destinations, but that is Yalova's charm. It's off the grid but still an excellent place to look for rental properties.
8: Kepez for Contemporary Living
With the best public transport network in the Mediterranean, European buyers love the Antalya region and drive property demand. Konyaalti and Lara beach districts have high demand but low supply, forcing buyers to look elsewhere, and one place for foreign investment is Kepez. As one of the five central districts of Antalya city centre, you will find modern apartments ideal for long-term real estate investments.
As a significant city in Mediterranean Turkey and a hotspot for tourism, Antalya delivers in every way possible, and buying affordable homes in Kepez puts you on the doorstep of everything. Despite being a city, there is natural beauty at every turn, and along with the airport, the public transportation heading across the country is top-notch. Kepez is excellent for budget property investments.
9: Altintas for Affordable Property Investments
This area belongs to the Aksu area of Antalya. It is away from the coastline, but that means better property affordability. Over the last two years, people have even turned away from expensive districts because of the affordable property options since Altintas is only a short distance from the beaches and all amenities.
Developers are building large lifestyle complexes in the construction stage. Hence, expect off-plan discounts on cheap apartments. Antalya's economic growth is set in stone, thanks to tourism trends and ongoing infrastructure improvements, including the Altintas area. Astute investors head here for profitable deals, but it is also an excellent place for a holiday home or somewhere to live permanently.
Tips for Finding the Cheapest Property
Expert Agent: Real estate agents are not all created equal. An excellent estate agent with expertise works closely with all the developers and sellers in the area, a volume driver with lucrative opportunities, and, most importantly, will guide you through the unfamiliar waters of buying a home in Turkey. Whether you want contemporary apartments or luxurious villas, find an agent who speaks your language, is excellent at answering your emails and telephone calls, keeps you knowledgeable, and, most importantly, gives you confidence.
Buying Resale: Sometimes, there are reduced sales by-price homes because the owner wants to move quickly or needs hard cash. Known as resale homes, these affordable property prices are sometimes a headache. Granted, it is inexpensive, but age plays a large part since building regulations have changed over time. Additionally, when a place is advertised as a furnished apartment, this term is quite generic, and there must be a whole new itinerary and agreements over what is included.
Buying Off-plan for Competitive Property Prices
If you buy a home before or during construction, you can save up to 20%. When the home is completed, the value can increase by up to 20%. Buyers are often wary about buying off-plan, but if you're careful and don't cut corners, there won't be a problem. Some developers will also pay the title deed transfer tax and offer foreign buyers 0% interest-free payment plans.
About Rental Markets
There are affordable opportunities for foreign investors looking for residential or commercial property with rental potential. However, be aware that Turkey has strict rules and regulations, even when renting out your holiday home in coastal regions when you are not using it. You have to have a license, obtain certification, and pay income tax on rental returns above a certain level. Please speak to our advisors about the legal requirements and your investment goals.
About the Turkish Citizenship by Investment Program
Turkey is ideal for investors looking at golden visas. Compared to other European countries, you must spend $400,000 on a home and pledge to keep it for at least three years. Opportunities across regions are plentiful, and the golden visa entitles you and your family to live, work, and study in Turkey legally. Please note that if you want to live in Turkey but are looking for favourable deals with no citizenship, apply for residency. From city to city, our real estate professionals can send a comprehensive guide via email upon request.
See our Expansive Portfolio
Our portfolio presents many attractive choices, highlighting the dynamic property landscape. With bargain property markets that lure in foreign property buyers from near and far, browse the listings here. Each contains everything to know, including location, home features, pictures, and the sales price. Then, just use the contact details to find out more or arrange viewings. You can also call our agents today and learn more over the telephone about where the cheapest place in Turkey to buy property is.
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