Housing prices continue to rise with increasing construction costs and demand. According to the research carried out in the 12 districts of Istanbul, Esenyurt is the place where new housing prices are most appropriate. The price per square meter in a standard building in the region starts from ₺12 thousand, and ₺30 thousand in sites.
According to the news of Gulistan Alagoz from Hurriyet, the price of 1 square meter in new housing projects in Besiktas, Sisli, Kadikoy exceeds ₺200 thousand. In Ankara, the price of a square meter starting from ₺3 thousand 900 in a brand new house reaches ₺50 thousand, while in İzmir it varies between ₺6 thousand 500 and ₺85 thousand, depending on the district.
Price of New Houses in Istanbul
Standard New Building
Districts Lowest (TL/m2) Highest (TL/m2)
Atasehir 14.000 28.000
Bakirkoy 20.000 65.000
Basaksehir 13,000 30,000
Besiktas 45.000 95.000
Beylikduzu 13,000 30,000
Esenyurt 12.000 30.000
Eyupsultan 13,000 35,000
Esenler 13,000 35,000
Kadikoy 32,000 85,000
Sariyer 20,000 40,000
Sisli 20,000 60,000
Zeytinburnu 20,000 60,000
Housing projects
Districts Lowest (TL/m2) Highest (TL/m2)
Atasehir 35,000 120,000
Bakirkoy 70,000 190,000
Basaksehir 30,000 90,000
Besiktas 85.000 285.000
Beylikduzu 30.000 80.000
Esenyurt 30.000 70.000
Eyupsultan 60.000 130.000
Esenler 35,000 95,000
Kadikoy 70,000 260,000
Sariyer 45,000 140,000
Sisli 90,000 240,000
Zeytinburnu 90.000 180.000
The appraisal company also scrutinized new housing prices in Ankara and Izmir. According to this, although the square meter price of the cheapest house in a new building in Izmir is ₺6 thousand 500, it is seen that the ₺10 thousand band has been exceeded in many districts. Looking at the highest square meter price, the figure goes up to ₺85 thousand. The most suitable new housing options in 3 big cities are in Ankara. Except for Cankaya, Kecioren and Yenimahalle, there are options under ₺10 thousand per square meter. Even in non-central points, prices drop to the ₺4-5 thousand band. Considering the highest prices in the capital, the square meter sales price reaches ₺50 thousand.
New house prices in Izmir
Districts Lowest (TL/m2) Highest (TL/m2)
- Balcova 12.000 25.000
- Bayrakli 13.000 60.000
- Bornova 12.000 52.000
- Buca 13.000 25.000
- Cigli 12.000 26.000
- Gaziemir 15.000 32.500
- Guzelbahce 20.000 50.000
- Karabaglar 6.500 25.000
- Karsiyaka 13.000 50.000
- Konak 8.000 30.000
- Narlidere 13.000 40.000
- Aliaga 10.000 20.000
- Bayindir 7.500 15.000
- Bergama 7.500 20.000
- Beydag 6.500 13.000
- Cesme 30.000 85.000
- Dikili 10.000 20.000
- Foca 10.000 20.000
- Karaburun 10.000 25.000
- Kinik 6.500 15.000
- Menderes 15.000 40.000
- Menemen 13.000 25.000
- Torbali 10.000 20.000
- Urla 20.000 65.000
New housing tariff in Ankara
Districts Lowest (TL/m2) Highest (TL/m2)
- Akyurt 3.900 6.500
- Altindag 6.500 19.500
- Bala 5.200 10.500
- Beypazari 5.200 13.000
- Camlidere 5.200 12.000
- Cankaya 19.500 50.000
- Cubuk 5.800 9.000
- Elmadag 5.200 10.000
- Etimesgut 7.800 25.000
- Evren 4.000 6.000
- Golbasi 7.500 30.000
- Gudul 4.500 6.500
- Kahramankazan 10.000 20.000
- Kalecik 4.000 6.500
- Kecioren 10.000 20.000
- Kizilcahamam 6.500 13.000
- Mamak 8.000 25.000
- Nallihan 4.500 9.000
- Polatli 6.500 10.500
- Pursaklar 5.000 13.000
- Sincan 6.500 19.500
- Yenimahalle 19.500 32.500
Source: T24 / Translated by Irem Yildiz