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Where are the best places to invest in Ankara right now? Is Çankaya still the top pick, or are areas like Keçiören, Yenimahalle, and Etimesgut gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with notaries, real estate agents, and clients who invest across the city. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Ankara and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
1) Altındağ's Ulus district is gaining attention with historical restorations and rising tourist interest
The Ulus district in Altındağ is buzzing with new life thanks to major investments in historical restoration projects.
These projects are all about bringing back the charm of Ottoman-era buildings and landmarks, like the Hacıbayram Mosque and the Temple of Augustus. These spots are not just pretty to look at; they're a big draw for visitors.
In 2023, Ulus saw a 6.2% increase in visitors to its museums and ruins, with numbers hitting around 55.7 million. This boost is partly due to government efforts to promote cultural heritage tourism, like the Night Museum project, which has been a hit in getting more people to check out these historical gems.
Media buzz is also helping put Ulus on the map as a must-see tourist spot. Travel articles and guides are raving about the district's historic charm and cultural significance, encouraging more folks to wander through its restored Ottoman homes, bustling bazaars, and beautiful mosques.
Local businesses are feeling the love too. Shops selling souvenirs and cozy cafes are popping up, showing that the local economy is thriving thanks to the tourist influx.
All these changes are making Ulus a vibrant place to visit, with its rich history and lively atmosphere drawing in more and more curious travelers.
Sources: Hürriyet Daily News, Nomadic Niko
2) Mamak's Gülveren neighborhood is gaining interest with new residential projects and competitive pricing
The Gülveren neighborhood in Mamak is catching eyes for its promising growth and development.
With Mamak's population steadily rising, there's a clear demand for housing, and Gülveren is right in the mix. This neighborhood is part of a larger trend, as more people are looking to settle in areas with potential.
One big draw is the extension of the Dikimevi – Natoyolu Metro line, part of the Ankara Metro Project. This makes commuting to the city center a breeze, boosting Gülveren's appeal to those who want easy access to urban life without living in the thick of it.
The local government is also stepping up, with efforts to improve infrastructure and amenities across Mamak. While Gülveren-specific projects aren't highlighted, the overall push to enhance living conditions in Mamak is a win for the neighborhood.
There's a noticeable shift in demographics, with younger residents and families moving in. This influx suggests Gülveren is becoming a hotspot for young families, mirroring trends in other up-and-coming areas.
Sources: City Population, Semsar Turkey, EBRD
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Turkey versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
3) Beytepe in Çankaya is drawing high-end buyers with its luxury villas and scenic landscapes
Beytepe in Çankaya is quickly becoming a favorite among high-end property buyers.
One of the main reasons for this trend is the significant rise in property prices, especially for luxury homes. This increase signals that affluent buyers are increasingly drawn to the area. In 2024, real estate market reports highlighted Beytepe as a high-demand location, putting it on par with luxury developments worldwide. This comparison shows Beytepe's growing reputation as a prime spot for luxury living in Ankara.
The area is seeing a boom in luxury villa developments, with more projects expected to continue into 2025. This trend indicates a strong demand for upscale housing. Media coverage often highlights Beytepe's scenic landscapes and luxury appeal, which attracts more affluent residents and investors.
Demographic data supports this influx of wealthy residents, pointing to the area's upscale infrastructure and luxurious living environments as major draws. The scenic beauty of Beytepe, combined with its high-end amenities, makes it a desirable location for those seeking a lavish lifestyle.
As more luxury villas are built, the area's reputation as a hub for affluent living continues to grow. This development is not just about the homes themselves but also about the lifestyle and community that Beytepe offers. The combination of natural beauty and modern luxury is a powerful attraction for high-end buyers.
Sources: Et Edge Insights, Marbella1
4) Kızılcahamam is attracting interest for its thermal tourism and wellness resort investments
Kızılcahamam is becoming a hotspot for thermal tourism thanks to its growing investment in wellness resorts.
Take the Cam Thermal Resort & Spa, for example. With its extensive wellness amenities like pools, a hot tub, and a sauna, it's a magnet for those looking to unwind. This shows a clear commitment to making the area more appealing to visitors.
Then there's the Asya Kizilcahamam Thermal Resort, a new addition that boosts the region's tourism infrastructure. This development is all about welcoming more tourists and ensuring they have top-notch experiences.
Visitors are loving it, too. The Cam Thermal Resort & Spa has a guest review score of 8.2, which speaks volumes about the satisfaction and enjoyment people find here. Positive reviews like these are enhancing Kızılcahamam's reputation.
With these developments, Kızılcahamam is not just a place to visit; it's becoming a destination for relaxation and wellness. The focus on high-quality experiences is drawing more attention to the area.
As more people discover what Kızılcahamam has to offer, its popularity is set to rise even further. The combination of investment and visitor satisfaction is a winning formula for this thermal tourism gem.
Sources: Booking.com, GoWithGuide, Travel Weekly
Here is a view of the Cam Thermal Resort Spa Convention Center, a highlight of Kızılcahamam's growing reputation as a destination for thermal tourism and wellness retreats. (Source: Direct Booking)
5) Keçiören's Ovacık area is attracting interest with its rapid urban development and rising property prices
Ovacık in Keçiören is turning heads with its rapid urban development and rising property prices.
Luxury flats with unique architectural designs are sprouting up, conveniently located near the biggest shopping center and just 500 meters from the highway, making them highly desirable.
Real estate transactions are on the rise, with more people buying new flats, showing a clear interest in what Ovacık offers. This surge is partly due to local government's urban development projects, which include new residential and commercial spaces.
Infrastructure improvements are a big draw. The EGO bus project is relocating depots to Ovacık, enhancing public transport links and making the area more accessible.
This has caught the eye of real estate investors who see Ovacık as a strategic location with promising development projects.
Ovacık's transformation is making it a hotspot for those looking to invest in a rapidly developing area with excellent connectivity and modern amenities.
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6) Pursaklar is gaining attention for its expanding infrastructure and closeness to the airport
Pursaklar is quickly becoming a sought-after area thanks to its expanding infrastructure and proximity to the airport.
In recent years, property prices in Pursaklar have seen a noticeable rise, reflecting its growing appeal. This surge in value is largely due to its strategic location and the continuous improvements in infrastructure. The Turkish government is pouring resources into new roads and public transport systems, which are set to make the area even more accessible.
These infrastructure projects are expected to reduce travel times to the airport and other parts of Ankara, a key factor in Pursaklar's growth. The ease of access is not just a perk for residents but also a draw for businesses looking to set up shop in a well-connected area. Real estate market analyses point to Pursaklar's high growth potential, driven by these ongoing developments.
The demand for housing in Pursaklar is on the rise as more people recognize its potential. New residents and businesses often cite the improving infrastructure and proximity to the airport as major reasons for their move. Media coverage and testimonials further support this trend, highlighting the area's increasing attractiveness.
With the government's focus on enhancing connectivity, Pursaklar is poised to become even more appealing. The area's strategic location and infrastructure improvements are not just boosting property values but also transforming it into a vibrant community. As travel times decrease and accessibility improves, Pursaklar is set to become a prime location for both living and business.
For those considering a move, Pursaklar offers a unique blend of convenience and growth potential. Its proximity to the airport and the ongoing infrastructure projects make it a compelling choice for anyone looking to invest in property. The area's transformation is a testament to its bright future, making it a hotspot worth watching.
Sources: Rabobank, Anadolu Raylı Sistemler, NAR Realtor
7) Çankaya’s Oran neighborhood is booming with rising property values near new business centers and embassies
Oran in Çankaya is seeing a surge in property values thanks to its prime location.
With new business centers and embassies popping up nearby, Oran has become a hotspot for expatriates and professionals seeking a convenient and prestigious place to live. The neighborhood's appeal is undeniable, especially for those working in Ankara's bustling diplomatic and business scenes.
Çankaya is home to almost all foreign embassies in Turkey, which naturally draws a significant number of international residents. This influx has led to a rise in both residential and commercial property prices in Oran, as people look for modern living spaces close to their workplaces.
The Turkish government is also playing a part in Oran's growing allure. Plans for infrastructure improvements, like new transport links, are set to make the area even more accessible. This will likely boost interest from potential buyers who value easy connectivity to Ankara's business and finance centers.
Families and professionals are particularly drawn to Oran for its modern lifestyle and amenities. The neighborhood offers a blend of convenience and comfort, making it a top choice for those who want to be close to the action while enjoying a high quality of life.
Sources: Tekce, Wikipedia, Business Wire
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.