Best areas to buy an apartment in Turkey at affordable prices

With the rapid growth of the tourism sector in Turkey and the increasing number of visitors from around the world, interest in real estate investment in Turkey at affordable prices is growing as a safe option that guarantees a sustainable return.

This article, titled “How Does Tourism Boom Affect the Real Estate Market in Turkey?”, addresses the role of tourism in changing the map of the best areas to buy an apartment in Turkey at affordable prices, and how investors can buy a cheap apartment in Turkey or find apartments for sale in Turkey at low prices through well-thought-out strategies.

We also review the cheapest residential areas in Turkey and residential areas with acceptable prices in Turkey, with practical tips on buying property in Turkey cheaply and leveraging the expertise of Mbany Real Estate to secure the best deals.

The Relationship Between Tourism Boom and Demand for Real Estate in Turkey

With Turkey reaching over 55 million tourists in 2024, the demand for affordable apartments in Turkey has increased sharply, especially in coastal cities and historical areas.

Many investors choose to rent out their units on a short-term basis through platforms such as Airbnb and Booking.com, which enhances the feasibility of buying a cheap apartment in Turkey for seasonal or annual rental purposes.

The Impact of the Tourist Season on Prices

• Peak Summer (June – August): Apartment prices in Turkey for foreign residents can increase by 10–20% in coastal cities such as Antalya and Bodrum.
• Quiet Seasons (Winter and Early Spring): An opportune time to negotiate discounts of up to 8–12% when buying property in Turkey cheaply before the return of momentum.
• Major Events: Istanbul Film Festivals and international sporting events drive temporary demand for popular areas to buy apartments in Turkey.

Best Areas to Buy an Apartment in Turkey at Affordable Prices with the Tourism Boom

Popular tourist destinations offer a balance between potential return and rent, and reasonable prices. Here are the most prominent:

Cheapest Residential Areas in Turkey

• Mersin: An ideal option for buying a cheap apartment in Turkey with an average price ranging between $600–750 per square meter, and proximity to a growing tourist port.
• Adana: One of the cheapest cities in Turkey to live and invest in, characterized by a developed infrastructure and prices starting from $580/m².
• Izmir: With prices starting from $900/m², it is considered one of the best Turkish cities for cheap real estate that combines reasonable prices and proximity to the beach.

The Impact of Tourism on Affordable Apartment Prices in Turkey

When tourism booms, the value of properties near beaches and historical centers increases due to the high tourist occupancy rate, which makes affordable apartments in Turkey in these locations gain higher value in the medium term.

Family-Friendly Apartments on a Limited Budget in Turkey

• New Suburbs (such as Çamlıca in Istanbul): Offer residential units with prices starting from $850/m², with schools and universities nearby.
• Medium-Sized Cities (such as Kayseri or Konya): Offer family-friendly apartments on a limited budget in Turkey with spacious areas and integrated community services.

Real Estate Investment Opportunities in Turkey at Affordable Prices for Foreign Investors

The Turkish government offers tax incentive programs and residence permits for real estate investors who buy property in Turkey cheaply for no less than $400,000, with the possibility of reducing the amount in some cases, which opens up prospects for real estate investment in Turkey at affordable prices.

Apartment Prices in Turkey for Foreign Residents

Vary according to the city and region: in Istanbul, they start from $1,200/m² in the suburbs, while in Antalya, they start from $1,000/m².

With careful research and cooperation with Mbany Real Estate, you can buy a cheap apartment in Turkey and achieve rental returns exceeding 6% annually.

Tips on Buying a Cheap Apartment in Turkey

1. Monitor the market through local and international real estate platforms.
2. Negotiate outside the peak season to get better deals.
3. Turn to off-plan properties, where prices start from 10–15% lower than ready-made ones.
4. Use reliable agents such as Mbany Real Estate to ensure compliance with legal procedures.

Where to Buy a Cheap Apartment in Turkey?

• Use the Mbany Real Estate website to search for apartments for sale in Turkey at low prices.
• Contact Mbany Real Estate to provide you with exclusive lists of the cheapest units.

Strategies for Choosing Suitable Apartments for Families

To choose an apartment that meets the family's needs and balances price and specifications:

• Ensure its proximity to schools and hospitals.
• Check the proximity to public transport and main hubs.
• Review future development plans (new metro stations or highways).

Family-Friendly Apartments on a Limited Budget in Turkey

In Beşiktaş or Bahçeşehir in Istanbul, you can find affordable apartments in Turkey within complexes that offer social and recreational services, with prices starting from $1,100/m².

The Role of Mbany Real Estate in Facilitating the Purchase of Property in Turkey at a Cheap Price

Mbany Real Estate plays the role of the smart intermediary that combines:

• Legal advice and ensuring transparency in contracts.
• Administrative services from extracting permits to registering ownership.
• After-sales service including rental management .

Mbany Real Estate Services for Foreign Investors

• Specialized consulting in real estate investment in Turkey at affordable prices to determine the best areas to buy an apartment in Turkey at affordable prices.
• Field research for the cheapest residential areas with acceptable prices in Turkey and providing analytical reports on the expected return.
• Facilitating the procedures for buying property in Turkey cheaply while ensuring compliance with Turkish laws and investor protection.

Frequently Asked Questions About the Best Areas to Buy an Apartment in Turkey at Affordable Prices

How does the tourism boom affect apartment prices in Turkey?

The increase in the number of tourists positively affects the demand for popular areas to buy apartments in Turkey and apartment prices in Turkey for foreign residents, especially in coastal cities during peak seasons.

What are the cheapest residential areas in Turkey for new investors?

Mersin and Adana are among the cheapest cities in Turkey to live and invest in, while Izmir offers a good balance between price and quality.

Where to buy a cheap apartment in Turkey?

It is advisable to follow local real estate websites and contact Mbany Real Estate to get lists of apartments for sale in Turkey at low prices and exclusive offers.

Is it possible to achieve a high rental yield when buying a cheap apartment in Turkey?

Yes, when choosing areas that are experiencing tourism growth such as Antalya and Bodrum, the annual return on affordable apartments in Turkey can exceed 6–8%.

What are the advantages of dealing with Mbany Real Estate to buy property in Turkey cheaply?

The company provides legal and marketing expertise that ensures buying a cheap apartment in Turkey at the best prices and facilitates administrative and technical procedures until delivery.

Conclusion: Best Areas to Buy an Apartment in Turkey at Affordable Prices

In conclusion, the title of the article "How Does Tourism Boom Affect the Real Estate Market in Turkey?" highlights the magnitude of opportunities created by tourism growth in real estate investment in Turkey at affordable prices.

By focusing on the best areas to buy an apartment in Turkey at affordable prices, applying tips on buying a cheap apartment in Turkey, and leveraging the expertise of Mbany Real Estate, investors will be able to access apartments for sale in Turkey at low prices and achieve profitable and sustainable returns.