What is the average property prices in Istanbul? If so, you've come to the right place. At Right Home, we have over 11 years of experience in advising clients on buying, selling, and renting properties in Istanbul. In this article, we will cover the average property prices in Istanbul and what factors affect them.
Founded in Turkey back in 2012, Right Home is one of the very first real estate agencies in Turkey. We take immense pride in delivering exceptional guidance and advice to our clients. Our team possesses extensive expertise and a deep understanding of both specialized and local aspects of the real estate industry, enabling us to provide superior assistance.
Our broad scale of operations equips us with comprehensive knowledge across various property sectors. Whether it's residential, commercial, industrial, or any other segment, we have the insights and understanding to help our clients make informed and intelligent property decisions.
Istanbul is a vibrant and dynamic city, with a rich history and a diverse cultural heritage. It is also a rapidly growing metropolis, with a population of over 15 million people. As such, property prices in Istanbul can vary widely depending on the location, type, and size of the property.
According to recent data, the average property price in Istanbul is around 1,100 USD per square meter. However, this figure can be significantly higher or lower depending on the area and type of property. For example, luxury properties in prime locations can cost upwards of 4,000 USD per square meter, while more affordable properties in outlying areas can cost as little as 400 USD per square meter.
Several factors can affect property prices in Istanbul, including:
Location: Properties in prime locations, such as the city center or near the Bosphorus, tend to be more expensive than those in outlying areas.
Type of Property: Different types of properties, such as apartments, villas, or commercial properties, can have vastly different prices.
Size of Property: The size of the property is also a significant factor in determining the price.
Investing in property in Istanbul can be a lucrative opportunity, but it's essential to have the right information and guidance to make informed decisions. At Right Home, we are more than just a real estate agency. We are your trusted partner in finding the perfect property and turning your dreams into reality. With over 11 years of experience in the industry, we are the experts you can rely on.
If you have any questions or would like to know more about the average property prices in Istanbul, please don't hesitate to contact us. We look forward to hearing from you.