Property prices in Turkey have increased by 36% in a year!

The real estate market in Turkey, as in many other countries, is showing dynamics that attract the attention of both investors and potential buyers.

According to the Endeksa portal, residential property prices in Turkey have increased by 36% over the past year, excluding inflation.

The most significant price increase was recorded in Ankara and Izmir - by 38%. The cost per square meter in Ankara is about 640 US dollars, and in Izmir - 1030 US dollars. On average in the country, the cost per square meter of real estate reaches 780 US dollars, which is equivalent to 26,484 Turkish liras.

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Istanbul, being the largest metropolis in Turkey, demonstrates the highest cost per square meter - 1200 US dollars. Antalya, a popular tourist city, is not far behind - the cost per square meter here reaches 1045 US dollars.

Buying real estate in Turkey is not only an opportunity to acquire comfortable housing, but also to invest in a promising market. It is important to note that investing in Turkish real estate can be the key to obtaining citizenship.

According to the law, an investor can obtain Turkish citizenship by investing at least $400,000 in real estate. The investment requirements do not depend on the composition of the family - both an individual investor and a family can obtain citizenship if the minimum investment amount is met.