Turkish coastal property appreciates 20–25% annually as market enters rational phase in 2026

Bodrum continues to command premium prices, with villas fetching 250,000–300,000 lira per square metre (approximately $6,500). Çeşme and Alaçatı remain equally expensive, exceeding 200,000 lira per square metre. However, an interesting trend is emerging: the northern Aegean coast is beginning to attract buyers through more accessible pricing.

Experts at EVA Gayrimenkul Değerleme have observed that following the frenzied growth during the pandemic, the market is entering a "rational phase". Inflated prices are gradually correcting. Demand remains robust, but increasingly healthy—buyers are seeking proximity to nature, tranquillity and year-round habitability.

Land scarcity in premium zones (Bodrum, Çeşme, Urla) is pushing developers towards Milas and Dalaman. Meanwhile, Ayvalık, Edremit Bay and Cunda Island are emerging as genuine opportunities for investors: villas there command 160,000–200,000 lira per square metre—cheaper than top-tier locations, yet with strong growth prospects.

Source: Hurriyet Daily News Economy