Istanbul is the heart of culture, history and economy. Life in the city, which fascinates those who see it from all over the world, can be challenging most of the time. If you are worried about the possible Marmaray earthquake and are thinking of moving, you can take a look at house prices in cities that will make you feel close to Istanbul, but far from the chaos of city life. If you say you can't stay away from Istanbul for long, then this content is for you!
Well, in the cities near Istanbul; What is the value of real estate prices for sale and rent and the return time for investment? Here are the real estate prices in Yalova, Tekirdağ, Izmit, Kirklareli and Sakarya according to the data of the Regional Chamber of Commerce in April 2023…
Yalova
While the average residential square meter price in Yalova is 9 thousand 908 Turkish liras, the payback period is 21 years. The price range of 100 square meters of houses for sale is between 743 thousand 103 TL and 1 million 238 thousand 500 TL on average. On the other hand, the average housing rental price is 3 thousand 876 TL for homes with an area of 100 square meters.
Tekirdağ
While the average residential square meter price in Tekirdağ is 7 thousand 738 Turkish liras, the payback period is 18 years. The price range of 100 square meters of houses for sale is between 580 thousand 374 TL and 967 thousand 300 TL on average. On the other hand, the average rental housing price is 3 thousand 510 TL for 100 square meters of housing.
Izmit
While the average residential square meter price in Izmit is 11,895 TL, the payback period is 20 years. The price range of 100 square meters of houses for sale is between 892 thousand 110 TL and 1 million 486 thousand 900 TL on average. On the other hand, rental housing prices are 4 thousand 877 TL for 100 square meters of housing.
Kirklareli
While the average residential square meter price in Kırklareli is 9 thousand 232 Turkish liras, the payback period is 20 years. The price range of 100 square meters of houses for sale is between 692 thousand 432 TL and 1 million 154 thousand 100 TL on average. On the other hand, the average rental housing price is 3 thousand 763 TL for 100 square meters of housing.
Sakarya
While the average residential square meter price in Sakarya is 9 thousand 650 Turkish liras, the payback period is 20 years. The price range of 100 square meters of houses for sale is between 723 thousand 756 TL and 1 million 206 thousand 300 TL on average. On the other hand, the average rental housing price is 3957 TL for 100 square meters of housing.
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