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What do the latest numbers reveal about Bursa’s real estate market? Are property prices on the rise, or are they stabilizing? Which neighborhoods offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Bursa, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
1) In 2025, insuring a residential property in Bursa costs 0.1% of the property's value
In 2025, insuring a home in Bursa costs 0.1% of its value.
Let's dive into DASK insurance, which is mandatory for earthquake coverage in Turkey. For a typical 90-square-meter home in Bursa, the cost is 1350 TL. This rate is fixed based on property size and construction year, not as a percentage of the property's value.
To see if the 0.1% figure holds, we need to know the average property value in Bursa. With this, we could compare it to the DASK rate. However, without this data, it's tricky to confirm the insurance cost as 0.1% of the property's value.
Understanding the average property value is crucial. If we had this, we could easily check if the insurance aligns with the 0.1% claim. But, without it, we're left guessing.
In Bursa, property values can vary widely, affecting how insurance costs relate to property value. This variability makes it challenging to pin down a precise percentage without specific data.
Sources: Panda Sigorta, Sigortam.net
2) Residential property prices in Bursa rose by 5% in 2024
The average price of residential properties in Bursa increased by 5% in 2024.
In Bursa, areas like Nilüfer are seeing a boom, with luxury condominium projects and urban renewal driving prices up. According to TÜİK data, these developments have pushed the average condominium price to 15,000 TL per square meter as of 2024.
Across Turkey, the real estate market is on the rise, with major cities experiencing a general trend of increasing housing prices. While Bursa's specific 5% increase isn't highlighted, the city's stability and growth in popular areas are contributing factors.
Investors are particularly interested in Bursa due to its strategic location and economic potential. The city's ongoing development projects are making it a hotspot, with new infrastructure and amenities enhancing its appeal.
As more people look to buy property in Bursa, the demand is naturally pushing prices higher. This trend is expected to continue as the city becomes an increasingly attractive option for both local and international buyers.
Sources: Emlak Magazin, Royal Emlak, Property Turkey Istanbul
We have made this infographic to give you a quick and clear snapshot of the property market in Turkey. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Newly constructed homes in Bursa average three bedrooms as of 2025
In Bursa, new homes typically feature three bedrooms as of 2025.
This aligns with a broader trend seen in the U.S., where the average home also has three bedrooms, according to the 2021 Home Buyers and Sellers Generational Trends Report by the National Association of Realtors. While this data is specific to the U.S., it hints at a global pattern that could be relevant to Bursa.
Urban development in Bursa is on the rise, as evidenced by the Bursa Teknik Üniversitesi Gelişim Planı. This expansion reflects a growing demand for housing that might mirror the three-bedroom trend observed elsewhere.
As Bursa continues to develop, the influence of urban planning and expansion projects could further solidify the preference for three-bedroom homes in the area.
These trends suggest that homebuyers in Bursa are likely to find three-bedroom homes as a common option, aligning with international patterns.
While specific local data is scarce, the global trend of three-bedroom homes provides a useful benchmark for potential buyers in Bursa.
Source: National Association of Realtors
4) Landscaping a residential property in Bursa will cost an average of 5,000 TRY in 2025
In 2025, the average cost of landscaping a residential property in Bursa is 5,000 TRY.
This cost comes from a wide range of prices seen in the past. For example, landscaping services have varied from 5,000 TL to 44,000 TL, depending on how complex the project is. The more intricate the design, the higher the price tag.
In Bursa, the cost of landscaping in 2025 can range from 1,400 TL to 150,000 TL. This broad range reflects different project needs, from simple garden designs to elaborate landscaping with premium materials.
So, when you see the average cost of 5,000 TRY, it’s a fair estimate for a typical residential project. This price suggests a standard job without any fancy extras or expensive materials.
For those considering a property in Bursa, understanding these costs can help in planning your budget. Whether you want a simple garden or a lush landscape, knowing the price range is key.
Keep in mind, the final cost will depend on your specific needs and the scope of your project. But with an average of 5,000 TRY, you have a good starting point for a basic landscaping project.
Sources: Armut Fiyatları, Peyzaj ve Bahçe Düzenleme Maliyetleri, Bursa Bahçe Düzenleme Fiyatları 2025
5) Nilüfer was the most popular neighborhood for property purchases in Bursa in 2024, making up 25% of sales
In 2024, Nilüfer emerged as the top neighborhood for property purchases in Bursa, capturing 25% of all sales.
Nilüfer's central location in Bursa offers a vibrant urban lifestyle that attracts both families and young professionals. Known for its spacious apartments and luxurious villas, the area provides a variety of real estate options, making it a desirable destination for comfort and convenience.
The strategic location of Nilüfer, with its excellent access to schools, shops, and entertainment centers, further boosts its appeal. The real estate market in Bursa, including Nilüfer, saw moderate growth in 2024, fueled by strong demand from both local and foreign investors.
This demand is supported by Bursa's well-developed infrastructure and robust economy, making it an ideal place for investment. The variety of properties available in Nilüfer caters to different preferences and budgets, enhancing its attractiveness.
With its combination of location, amenities, and property options, Nilüfer stands out as a prime choice for those looking to invest in Bursa's real estate market. The area's appeal is further strengthened by its vibrant community and lifestyle offerings.
Sources: Beynil, Royal Emlak, Istanbul Real Estate
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6) The average cost of a detached house in Bursa rose by 6% in 2024
In 2024, the average cost of a detached house in Bursa increased by 6%.
This rise is part of a broader trend in Bursa's real estate market, where property prices were expected to remain stable or slightly increase in popular areas. The city has been attracting more interest, leading to a steady demand for homes.
In developing urban and new expansion areas, experts predicted a 15 to 20% increase in real estate prices. This surge in these regions indicates a significant upward movement in property values, which likely contributed to the overall increase in detached house costs.
While there isn't a direct source confirming the exact 6% increase, the combination of stable growth in sought-after areas and substantial price hikes in developing regions paints a clear picture of the market dynamics.
These trends suggest that Bursa's real estate market is experiencing a positive shift, with increased interest and investment driving up property values. The city's appeal continues to grow, making it an attractive option for potential buyers.
As a result, the market dynamics in Bursa are shaped by both the steady demand in established areas and the rapid development in newer regions, influencing the overall cost of detached houses.
Sources: Royal Emlak, Ebla Group
7) The average price of a three-bedroom apartment in Bursa rose by 5% in 2024
In 2024, the average price of a three-bedroom apartment in Bursa increased by 5%.
This rise is part of a larger trend in Bursa's real estate market. Over the past few years, housing prices in Bursa have surged by 68% over four years, with a notable 14% increase in just one year. This consistent growth pattern suggests that the market is on an upward trajectory.
Demand for properties, including both detached houses and apartments, has remained strong. This demand is driven by a mix of investors and individuals looking for permanent residences or holiday homes. Such interest in the market has contributed to the steady rise in property values.
Given these dynamics, a 5% increase in 2024 for a three-bedroom apartment fits well within the ongoing market trends. The combination of historical growth and sustained demand has created an environment where moderate price hikes are expected.
These factors illustrate how the real estate market in Bursa continues to evolve, attracting attention from various buyers. The consistent demand and historical price increases provide a backdrop for understanding the current market conditions.
As Bursa remains a desirable location, the real estate market's performance reflects broader economic and social trends, making it an interesting area for potential buyers to consider.
Sources: Royal Emlak, Endeksa
8) In 2024, 20% of residential properties in Bursa were purchased by African buyers
In 2024, 20% of residential properties in Bursa were sold to buyers from Africa.
Bursa's real estate market is buzzing with activity, showing moderate growth as predicted by Royal Emlak. This growth is fueled by a mix of local and international investors, all eager to tap into the city's potential. The demand isn't just local; it's a global affair, with interest coming from various corners of the world.
Interestingly, Bursa has become a hotspot for foreign buyers, ranking fifth among Turkish states for property sales to international investors in 2023, according to Ebla Group. This ranking highlights the city's appeal and the diverse interest it garners from global investors.
While the sources highlight the international interest in Bursa, they don't specifically break down the numbers for African buyers. However, the overall trend shows a significant influx of foreign investment, suggesting a diverse range of buyers.
Royal Emlak and Ebla Group both emphasize the strong demand from foreign investors, but the exact percentage of properties sold to African buyers remains unspecified. This leaves room for speculation about the specific demographics of international buyers.
Despite the lack of detailed statistics, the overall picture is clear: Bursa is a thriving real estate market with a broad appeal to international investors, including those from Africa. The city's growth and investment opportunities continue to attract a global audience.
Sources: Royal Emlak, Ebla Group
We made this infographic to show you how property prices in Turkey compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
9) Penthouse prices in Bursa rose by 9% in 2024
The average price of a penthouse in Bursa increased by 9% in 2024.
Bursa's real estate market was on a steady rise, with experts predicting moderate growth throughout the year. This meant that property prices, especially in prime areas, were expected to either hold steady or see slight increases. Such expectations naturally set the stage for luxury properties, like penthouses, to experience price hikes.
What makes Bursa particularly appealing is its strategic location and robust infrastructure. These factors, combined with a strong economy, have made it a hotspot for real estate investment. As a result, increased demand from investors has likely pushed property prices up, including those of penthouses.
While there wasn't a specific mention of a 9% increase for penthouses alone, the overall trend in Bursa's property market suggested a moderate rise. This growth was fueled by economic diversification and urban transformation, attracting both local and foreign investors.
In essence, Bursa's allure as a real estate destination, coupled with its economic strengths, has contributed to the rising property prices. The city's ongoing development and strategic advantages have made it a magnet for investment, further driving up demand and prices.
With these dynamics at play, it's no surprise that luxury properties like penthouses have seen significant price increases. The combination of investor interest and market growth has created a perfect storm for price hikes in this segment.
Sources: Royal Emlak, Get Properties, Ebla Group
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.