Despite steadily growing prices, it is still possible to find a beautiful bargain property in Turkey in some of the most popular Mediterranean and Aegean towns. Cheap Turkish apartments and villas below market value do not mean imperfect condition or quality. The real gems are those bargain properties in Turkey without compromising on quality and location. Call us to discuss the best deals we have on our books, including distressed properties, off-plan opportunities.
To search for cheap property in Turkey, browse our portfolio listing thousands of apartments and villas for sale. Each listing includes interior and exterior photos and information, floor plans if applicable, key features, reasons to buy, and the current market price. To receive additional details and also details of purchasing costs, use the enquiry form or call us and we’ll send them through via email.
How Much is Cheap Property in Turkey?
1 to 2-bedroom apartments start at about £35,000, but low prices don’t mean shoddy quality - most complexes emphasise Mediterranean living, with good use of space, modern features and open plan design. These complexes have shared pools and plenty of holiday facilities for adults and children. It’s not just apartments that are favourably priced. It’s possible to find great bargains on villas. Bargain villas start at around 80,000 Euros. Sometimes these will be resale homes in need of tender loving care, but sometimes the owner wants a quick sale, or the property is an off-plan unit.
Besides, thanks to our robust networks with Turkish bankers and finance companies, from time to time, we receive bank repossessions and distressed offers, which come to us well below market value. These types of bargains could be anywhere in Turkey. As long as you move quickly and secure purchase, you can take advantage of these fantastic deals on bargain Turkish real estate. A bargain, a steal, a song: whatever you want to call it, cheap property in Turkey represents a fantastic opportunity to find your place in the sun without breaking the bank.
Why Buy Cheap Property in Turkey?
Well, the reasons are plentiful. The first is that over the last decade, Turkey embarked on a mission to reinvent its market, and buyers now have access to thousands of cheap off-plan, new build and resale apartments and villas. Ranging from coastal destinations to mountain retreats, the choices of homes are endless. Low prices also present an excellent opportunity for capital appreciation, should you keep your home for the long term. However, should you want to sell to convert your bricks and mortar investment back into hard cash, you have a global market to advertise to because both Turks and foreigners are active in the market.
The Best Place in Turkey to Buy Bargain Property?
Your choice of locations to buy a cheap apartment or villa is endless so you can find a destination that suits your lifestyle preferences. Whether you want to live in a trendy urban destination or a quiet village, the Mediterranean and Aegean coasts put forward many places of interest. Occasionally, some owners want a quick sale in which case; they will under-price their home. If you are looking for properties under the market value, sign up for our newsletter to stay updated of additions to our portfolio.
Otherwise, some destinations stand out more than others as places to look for cheap homes. Bursa is the latest newcomer to the market and thanks to under developments, prices of apartments are some of the lowest in Turkey. Some are in the centre, while others sit coastal side but regardless, Bursa is a destination to watch as it grows its real estate and tourism industry to match other places in Turkey. It is also worth looking at Istanbul’s European side that is undergoing massive development with large, all-inclusive complexes dominating the market. Places like Beylikduzu, Avcilar, and Kucukcekmece sit on the outskirts of the city centre, yet long term presents many opportunities for a return on investment thanks to on-going development in the area.
Meanwhile heading over to the Fethiye region, fame is shining on the Tasyaka neighbourhood that is likewise in the early stages of development hence the low prices per square metre. In the Antalya region, its Mahmutlar locality in Alanya that grabs all the attention, especially from European buyers looking for a summer holiday home. If the Bodrum peninsula appeals, the smaller resort of Guvercinlik presents some well-priced apartments for sale that emphasise the laid-back Aegean lifestyle that Bodrum is known for.