In Iraqi, Algerian, Kuwaiti Dinars and Qatari Riyals, Apartment Prices in Turkey

2021-10-28

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In Iraqi, Algerian, Kuwaiti Dinars and Qatari Riyals, Apartment Prices in Turkey

With its captivating beauty, picturesque nature, stability, and residence features, Turkey has become the focus of attention for many citizens of the Arab and non-Arab region, and the Turkish real estate market is still witnessing an increasing demand for real estate goods of all kinds.

Determining the prices of apartments in Turkey and real estate, in general, depends on the Turkish lira mainly in pricing processes, according to the Turkish law in force, so we found it useful to talk about real estate prices in Turkey compared to several major currencies and a large segment of citizens are increasingly interested in acquiring property in Turkey.

Apartment prices in Turkey in Iraqi dinars

There is no doubt that the prices of apartments in Turkey vary greatly, considering the location, quality, and age of the building, its specifications, services, transportation, and other specifications that increase or decrease the value of the property.

To approximate the equation, it would be good if we dealt with one of our projects with clear specifications, and in real estate areas known as their average prices.

Prices of apartments in Istanbul in Iraqi dinars: Tal Al-Hayat complex

Real estate prices in Turkey

  • A modern complex with a residence system, which includes luxury apartments for sale on the European side of Istanbul.
  • Tel Al-Hayat complex lies on a hill with a wide view within the municipality of Bayrampasa, the closest to the municipality of Fatih from the west.
  • The project area is called the shopping valley in Istanbul since it is rich in famous shopping centers, the most important of which are Forum Istanbul, Exis Istanbul, and Mega Center.
  • The site also enjoys its proximity to an important transportation node and is adjacent to the largest Otogar station in Turkey, in addition to a metro station within the same station.
  • The complex consists of 3 luxurious residential towers, with high-quality finishes, and various social facilities, pleasuring accommodation at the best standards of the era.
 

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الضمان الحكومي انجليزي الضمان الحكومي انجليزي

We deal here with one model of a medium-sized apartment in this upscale complex closest to the city center, and we determine the exchange rates for the currencies on October 22, 2020, where the exchange rate of the US dollar against the Turkish lira was: $ 1 = approximately 7.82 liras.

The price of one dollar against the Iraqi dinar: $ 1 = 1193.8 Iraqi dinars.

Note that the price of this apartment today in US dollars is $ 160,000, or the equivalent of 16 notebooks.

And the notebook in the Iraqi dialect means 100 sheets of $ 100 the equivalent of ten thousand US dollars.

Number of rooms
Area
Price in TL
Price in US Dollars
Exchange rate
Price is in Iraqi dinars
2+1
102 m2
1,256,000
160.000
1193.8
191.009.600
 

Apartment prices in Turkey are in Algerian dinars

At the date of writing this article, the exchange rate of the Algerian dinar against one dollar was: $ 1 = 128.6 Algerian dinars.

If we deal with the previous project, and the same aforementioned apartment in the Tal al-Hayat complex, whose price is 160,000 US dollars, the price would be in Algerian dinars, as shown in the following table:

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Number of rooms
Area
Price in TL
Price in US Dollars
Exchange rate
Price is in Iraqi dinars
2+1
102 m2
1,256,000
160.000
128.66
20.586.400
Prices of apartments in Turkey in Algerian dinars

Apartment prices in Turkey are in Kuwaiti dinars

Kuwaiti Dinar is a strong and stable currency, with a high purchasing power.

The Kuwaiti dinar exchange rate at today's exchange rate is $ 1 = 0.305 part of the Kuwaiti dinar, while the exchange rate of the dollar against the Kuwaiti dinar is equivalent to 1 dinar = 3.27 US dollars.

Thus, the price of the aforementioned apartment in Kuwaiti dinars is as follows:

Number of rooms
Area
Price in TL
Price in US Dollars
Exchange rate
Price is in Iraqi dinars
2+1
102 m2
1,256,000
160.000
3.2717
48.894

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Prices for apartments in Turkey in Iraqi dinars

Apartment prices in Turkey are in Qatari riyals

Nowadays, Turkish-Qatari relations are in their best conditions, and the two countries have long bonds of friendship, which was reflected in major investments and a great demand for real estate ownership by Qataris in Turkey.

The Qatari riyal is also considered a stable currency, as the exchange rate of the dollar against the Qatari riyal is: $ 1 = 3.64 Qatari riyals.

Number of rooms
Area
Price in TL
Price in US Dollars
Exchange rate
Price is in Iraqi dinars
2+1
102  m2
1,256,000
160.000
3.641
582.500
Prices for apartments in Turkey in Kuwaiti dinars

Accordingly, the price of the apartment that we took as an example, which is valued at $ 160,000, is as follows:

For more, see our article: «Apartment prices in Istanbul in dollars, Turkish lira, and Saudi riyals».

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In conclusion:

Perhaps the previous model gives clear light on a model of thousands of apartment and real estate models in Turkey, and Imtilak Real Estate provides through its website the opportunity to learn about real estate prices in the most important global currencies. Your communication with the professional staff of Imtilak saves you a lot of time and effort in the search for your required real estate.

Edited by: Imtilak Real Estate©

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