Comparison between Istanbul and Ankara

Table of Contents

Istanbul and Ankara are two significant cities in Turkey,

each with its unique advantages for property ownership.

Istanbul:

Situated at the crossroads of Europe and Asia, Istanbul offers several benefits for property buyers:

Living in one of the world’s most unique cities, spanning two continents.
Recognized as a global capital, attracting millions of tourists annually.
Boasting diverse natural and historical landmarks, including seas, straits, lakes, palaces, and more.
Being Turkey’s most populous city, with around 16 million inhabitants.
Serving as a global cultural hub, hosting people of various nationalities, religions, and cultures.
A thriving real estate market with numerous residential complexes developed by leading Turkish construction companies.
Properties in Istanbul offer stunning views of seas, the Bosphorus, lakes, forests, tourist attractions, or the city itself.
Continuous infrastructure development supported by government initiatives.
Favorable laws, legislation, and incentives for foreign investors.
Tax reductions and exemptions.
Residence permits granted upon property purchase over $75,000, and Turkish citizenship offered for property purchases over $400,000, with the condition of not selling for three years.
High demand for Istanbul properties facilitates resale, renting, and active investment in the market.

Being Turkey’s economic capital, Istanbul provides diverse opportunities for capital development and high investment returns.

The real estate market includes residential, commercial, industrial, tourist, and hotel properties.

offering significant potential for capital appreciation and lucrative returns through resale or renting due to the high demand in this city.

Positioned centrally on the Turkish map, Ankara has its unique characteristics:
Located in the western part of the Black Sea region, covering a total area of 30,000 square kilometers.
Rising approximately 938 meters above sea level, with a population of nearly six million people.
Designated as the capital city on October 23, 1923.

Choosing between buying property in Istanbul or Ankara depends on individual preferences, goals, and the specific advantages each city offers.

Istanbul is renowned for its global status, diverse culture, and vibrant real estate market. Ankara.

as the capital, holds strategic importance, offering a distinct atmosphere and potential for investment.

Investors should consider factors such as lifestyle, economic opportunities, and personal preferences when deciding between these two cities.

Ankara, being the political capital and the center of governance, offers several advantages for property buyers:

Continuous focus on developing infrastructure in healthcare, education, entertainment, and transportation sectors.
Fast roads connecting Ankara to other Turkish cities, facilitating easy travel within and to the city, including the international Ankara Airport.
Real estate projects in Ankara feature luxurious designs, premium construction materials, and a range of social, security, and entertainment services.
Property prices in Ankara are considerably lower than those in Istanbul despite its political and economic significance.
Ankara’s green landscape, with mountains, plains, valleys, and lakes, provides a moderate climate throughout the year.
Abundance of entertainment facilities, including parks, museums, palaces, malls, and amusement parks for families and children.
High-quality education in Ankara’s schools and universities, offering diverse scientific disciplines and languages of study.
Possibility of obtaining Turkish residency with a residential property purchase of at least $200,000.
Eligibility for Turkish citizenship upon property purchase of at least $400,000, with a condition of not selling for three years.
Favorable government laws, facilities, tax reductions, and exemptions for foreigners in Turkey.

Ankara’s geographical location, combined with its political, economic, social, and cultural significance.

has contributed to the growth of real estate activity. Key factors driving real estate investment in Ankara include:

The continuous growth and prosperity of Ankara’s real estate market.
Sustained desire from both Turks and foreigners to live and settle in the country’s capital.
Diverse investment opportunities and regions within Ankara, increasing the returns for property investors.
Variety in property styles, sizes, designs, and services, attracting additional investment to Ankara.
Strategic locations of Ankara properties, near highways, parks, tourist attractions, and natural landmarks.
Easy travel to and from Ankara, connecting to various Turkish states and regions, and globally through Ankara International Airport.
Competition between Ankara properties and those in Istanbul and Europe, showcasing unique designs, towers, and diverse offerings, coupled with quality services and security.
Increasing demand for Ankara properties from foreign tourists, Turkish citizens, and residents.
Ongoing construction projects by Turkish construction companies, adhering to modern building regulations.
Investment opportunities in ready-to-move-in or under-construction Ankara properties, either through leasing or resale.

Deciding between buying property in Istanbul or Ankara depends on individual preferences, goals, and budget considerations.

The Golden Group for Investment in Turkey provides various significant real estate offers in Istanbul, Ankara, and other Turkish cities

Feel free to contact us anytime to view property photos and access price lists, costs, and relevant laws.