Turkey’s Most Expensive Provinces and Districts in Real Estate Announced

As you know, housing prices have been going crazy for years. We have seen this painfully in the strange TikTok stream that has emerged in the past weeks. Well, considering that almost every place is affected by this increase, which are the provinces and districts where the houses are the most expensive at the moment?

To answer this question, Hepsireal Estate has listed the most expensive regions of the entire country in terms of housing for sale. While Muğla was the most expensive province with a square meter price, Beşiktaş became the most expensive district of Istanbul.

Up to 60% increased

Muğla, Turkey’s most expensive district in real estate, With a square meter price of 10 thousand 167 liras was at the top of the list. The continuation of the list, in which Istanbul was second with 7 thousand 824 liras and Antalya third with 5 thousand 947 liras, was as follows: İzmir 5 thousand 482 liras, Çanakkale 4 thousand 236 liras, Balıkesir 4 thousand 232 liras, Yalova 4 thousand 62 liras, Gaziantep 3 thousand 991 liras, Denizli 3 thousand 852 liras and Edirne 3 thousand 718 liras.

Average square meter prices compared to last year 35-60% increase seen. According to the October 2021 Real Estate Index data, Beşiktaş was the district with the most expensive average square meter price in housing for sale, with 27 thousand 521 liras per square meter. Sarıyer, another district of Istanbul, followed the second place with 27 thousand 517 liras. While İzmir’s Çeşme district took the third place with 18,875 liras, Muğla’s Bodrum district ranked fourth with 18,238 liras.

The increase in districts reached 112%: Provinces connected to the sea became more expensive

The prices of residences in Istanbul’s Bakırköy, Kadıköy, Beykoz and Adalar districts ranged from 14 thousand to 17 thousand liras per square meter, resulting in an annual increase of up to 112%. Cities with the highest increase 46-88% Samsun, Muğla, Antalya, Mersin (İcel), Adana, Istanbul, Konya, Aydın, Çanakkale and Sakarya with an increase.