All real estate in Ankara, Turkey

Real estate in Ankara

Location, climate, economy, and infrastructure

Ankara is the capital of the Republic of Turkey, the second largest city in the country after Istanbul, but having the largest area, located in the center of the country on the Anatolia plateau, at the confluence of the Chubuk and Ankara rivers, 400 km from the Black Sea, 500 km from the Mediterranean.

The climate is temperate, continental with a transition to semi-arid. Summer is hot and dry. In winter it is quite cold and snowy. The main amount of precipitation (rain) occurs in autumn and spring. In winter, precipitation is usually in the form of snow. In January, the average temperature is about 0°C, in July it is over +20°C.

Ankara is strategically located in the central part of the country, while being connected by direct rail links with the most important Turkish cities - Istanbul, Izmir, Balikesir, etc., being the most important transport hub at the intersection of key highways. The city has organized industrial zones (more than 50) for compact, rather than chaotic placement of industry, where such industries are represented: military, aerospace, automotive, electrical engineering, production of metal products, medical and other equipment, textiles, clothing, etc. Airport in Ankara accepts domestic and international flights airport (30 km from the city center). Public transport is represented by buses, light rail, metro, and cable car.

Real estate market in Ankara

According to Turkish analysts, the market shows significant growth in all types of real estate, but residential real estate in Ankara is especially popular with investors. Citizens of the country see the prospect of such investments in the reliability of saving their savings, the sale of real estate in Ankara has become the second in the country after Istanbul in terms of the number of transactions.

Over the past year, the cost of apartments and houses has increased significantly. Real estate in Ankara is purchased through mortgage lending, which is used mainly by local buyers, foreigners often resort to interest-free installment payment, offered by many developers for new housing in residential complexes.

Analysts noted that demand has changed recently in terms of the geographical location of buyers, among the leaders among foreign investors who want to buy residential real estate in Ankara are citizens of Russia and Ukraine. In addition, as pandemic-related restrictions are lifted, pent-up demand is being realized. The cost of real estate in Ankara is affected by: the quality of the cladding in the house, the area, design, ceiling height, the novelty of the construction of the object, proximity to the city center, the development of infrastructure in the location location, and the view. Although the city is the capital, buying property in Ankara is relatively inexpensive compared to Istanbul.

Transactions in Ankara are transparent and safe, however, in order to minimize risks, it is advisable to use reliable information from experts and follow their recommendations.

The real estate website GEOLN.COM with a convenient search algorithm contains a full catalog of objects in Ankara.

Property prices in Ankara (per sq.m.):

•  apartment — from 1,500 USD,
•  villa — from 3,000 USD,
•   commercial premises (shop) - from 1,500 USD,
•   land plot - from 100 USD.

Property types for sale

Real estate is represented by:

•  primary and secondary housing, including apartments, duplexes, penthouses, cooperative housing, detached houses, farmhouses, mansions, and villas;
•  commercial fund (warehouse, retail, office and other facilities);
•  land plots.

Buying real estate in Ankara is a moderate investment price with the opportunity to receive high income from renting out real estate in the business capital center of the country with a developed infrastructure.

Real estate prices in Ankara