Admin | August 23rd, 2022
Learn about the cities, climate, and economy of the seven regions of Turkiye
Turkey is a vast country with more than 700,000 m² of area. With 7 different regions, it offers different options for buyers willing to invest in real estate or settle down in the property they bought. Below is a list of the different regions of Turkey, showing the real estate average values, climate and economic life therein.
The Marmara sea region which includes provinces such as Istanbul, Yalova, Bursa and Kocaeli is the most densely populated region of the country and the is most economically viable. Property prices in Istanbul -the economic capital- are among the highest in the country. Other provinces such as Bursa and Kocaeli provide less job opportunities yet moderate real estate prices. Climate wise, the region has a relatively cold winter and a warm summer.
The region includes cities such as Izmir and Denizli and Mugla. It has a hotter summer and its coastal areas have a less cold winter compared to the Marmara sea region. Real estate prices in the region comes in the 3rd place in general, but may reach peaks in Mugla particularly. Main economic centre of the region is Izmir, where Mugla is a tourist attraction city.
The black sea region includes many middle sized cities such as Sakarya, Samsun, Trabzon and Ordu. These cities offer affordable real estate prices. Economically, the region's economy offer opportunities in animal husbandry, agriculture, tourism and the services sector. Arab tourists influx is evident in the region, whereas cities such as Sakarya and Samsun have received interest from Iraqi buyers willing to relocate to Turkey.
Home to the capital Ankara, it is located in the centre of the country. The region has generally a very cold winter and warm summer. Main cities include Ankara, Kayseri, Konya and Eskisehir, all of which have a well developed economy. Other than Ankara, prices for properties in the region are generally moderate.
The region located in the south of the country includes provinces such as Adana, Antalya, Burdur, Osmaniye, Isparta, Mersin and the southern part of Konya. Some cities in the region have some of the highest property prices in Turkey and is considered a tourist attraction region. the region has the warmest winter compared to other regions and a hot summer. In 2022, increaces in the prices in the region was also on the peak, reaching up to 200% in June 2022 compared to the prices in June 2021. Recent influx from Russian investors to the region may be among the reasons for the price increace.
The region borders Iran, Syria and Iraq and include cities such as Diyarbakir, Gaziantep, Şanlıurfa, Kilis and Adiyaman. It has the hottest summer compared to other regions and a cold winter. Gaziantep is an economically viable city in the region. Apart from Gaziantep, the region's other cities have a less developed economy yet is on a rise. Government incentives exist for investment in areas in the region as well as provinces in the east Anatolian region. Properties in these regions are the most affordable along with those located in the east Anatolian region.
Located in the eastern most part of the country, it is the least populated and the largest. It includes cities such as Erzurum, Erzincan and Agri. Home to the highest peak (Ağrı peak- 5137 m) it is a mountainous region that has the coldest winter in the country and a warm summer. Malatya, Van and Erzurum have a larger economy compared to other cities of the region. The real estate prices are among the lowest in the east Anatolia region.
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