Ankara City Guide

Ankara is the capital of Türkiye and the country's second-largest city — population 5.55M (city) / 5.79M (province). Located on the Anatolian Plateau, Ankara was made Turkey's capital by Atatürk in 1923, replacing Istanbul. The city combines government and diplomatic functions (Atatürk's Mausoleum, the Grand National Assembly, all foreign embassies), a strong university and research cluster (Bilkent University, METU, Hacettepe), defence-and-aerospace industry concentration, and a quietly prosperous administrative-and-professional resident base. Average property prices ~₺29,700/m² (~$815 USD/m²); main areas $900-$1,000/m². Çankaya is the premium government-and-embassy district. Gross rental yields run 8.29% city average — Turkey's highest among major cities (Istanbul 7.30%, Antalya 5.73%, Izmir 7.10%). USD-equivalent appreciation +30% over 2023-2025.