For a Lucky Few, Luxury Is Suddenly a Lot Cheaper in Turkey (2024)

FAQs

Are luxury brands cheaper in Turkey? ›

Compared to other countries, Istanbul offers luxury products at relatively cheaper prices even for original products that are being imported from outside, because the consumption index in Istanbul is high thus, all deals happen to be done at cheaper prices than in other countries.

The answer is yes. Turkey is an affordable place for clothing shopping. Prices in Turkey are much lower than in other European countries, making it a great place to shop. In fact, it's one of the cheapest places to shop in Europe.

This is in large part because Turkey's central bank and policymakers have chosen to go against traditional economic theory. Instead of using higher interest rates to tackle a persistent rise in prices, they've been cutting borrowing costs instead.

Branded clothes are cheaper.

Clothes, bags, watches, shoes, etc. These knock-offs are of different quality. Cheaper ones cannot be mistaken for the originals. More expensive ones are almost identical copies of the original clothes and sometimes they can be difficult to distinguish from the original branded products.

Turkey may now be the cheapest place to buy luxury goods, with many citing price reductions of 25 percent in comparison to European website prices.

What is best to buy in Turkey? Some of the famous things to buy in Turkey are Turkish delight, handmade rugs, Turkish mosaic lamps, blue evil eye amulets, ceramics, tea sets, antiques, Turkish spices, olive oil soap, silver jewelry, and dry fruits.

Best Turkish brands such as LTB, Hatemoglu, KAYRA, Vakko, Bigg Shop, Sarar, Bueno Shoes, Lidyana, Karya, Faik Sonmez, KAFT, Sail Laker's, Kikyrnik, Ipekyol are popular as well. Turkey is a great country that is a bridge between Western Asia and Eastern Europe.

Istanbul is a city that attracts everyone who loves shopping and a luxurious lifestyle. In particular, some districts such as Nişantaşı, Bağdat Caddesi and shopping centers such as Istinye Park and Kanyon are home to many world-famous luxury brands.

One of the questions we get asked the most is; is Turkey expensive to travel to? No, Turkey is a really cheap place to visit, especially since the Turkish Lira is declining in value by the month.

Is it cheap to buy gold in Turkey? ›

The main difference here in Turkey is the quality and creativity of the designs plus the excellent workmanship. The price of gold is the same all over the world but gold jewellery here tends to be cheaper than many places due to lower labour costs.

Europe has long been seen as one of the best places to bag a bargain on designer items from handbags to dresses, and shoes to earrings. According to Vogue, who knows a thing or two about fashion, the cheapest designer bags can be found in the UK, France and Germany.

At duty-free shops in international airport terminals, the taxes or fees that the country you're in would normally levy on the items being sold are waived. That can result in some significant savings for you on luxury items.

Bargaining or haggling is a tradition in Turkey as in many other countries. Shoppers in Europe and America bargain over price when they buy cars, houses and other expensive items.

Louis Vuitton Istanbul Istinye Park Store in Istanbul, Turkey | LOUIS VUITTON.

What brands are cheap in Turkey? Answer. DeFacto, Koton, LTB, and Collezione are a few low-cost brands. U.S. Polo, Derimod, Mudo, Mavi, Herry, Polo Garage, and Yargc.

Not only this, many well-established and famous designer handbag brands from Italy and Britain use the leather produced in Turkey. In order to decrease the production cost, the big names in fashion shifted from West to East. This made Turkey the hub to produce good quality leather handbags for luxury European brands.

Turkey, on the other hand, has two great advantages.

One is in the handmade / artisan jewelry department due to the over 5000 year history of jewelry making in Anatolia (current day Turkey). Turkey has an unrivaled history of handmade jewelry that other countries cannot compete with.

Buy frozen

Some say fresh turkeys taste better, but we can barely tell the difference (other than price). Norma Farrell, a consumer-education specialist at the National Turkey Federation, says there's no real quality difference between the two.

What is the best day to buy Turkey? ›

You should only buy a fresh bird about a day or two before you intend to cook it, which means you should plan to procure your fresh turkey no earlier than two days before Thanksgiving.

The Blue Mosque in Istanbul is arguably the most famous landmark in Turkey. The mosque dates back to the early 1600s under the Ottomans. The Blue Mosque gets its name from the blue tiles that adorn its interior.

The most popular products of Turkey are the carpets and the Turkish lamps. Carpets are very traditional and although nowadays you will find cheaper versions, they are normally handmade, which makes them very unique.

Clothes. Turkish designs are beginning to match the quality of local fabrics such as Bursa silk and Angora wool. Nowadays you will pay near-Western prices for genuine locally designed items at reputable shops – local brands are aggressively protected from counterfeiting, if necessary by police raids.

Turkey is as much a fashion destination as any other place, and if you are looking for luxury goods, Bagdat Street is a great place to start.

Gucci prides itself on being 100% made in Italy. Check your pieces—we'd be surprised if any of them aren't made in Italy. All its products are manufactured in Prato, a town just outside of Florence, where the brand's headquarters are located.

İSTİNYE PARK. It is the most luxurious and one of the largest shopping centers in Istanbul.

Are Americans welcome in Turkey? ›

As of January 2023, there are no restrictions or requirements for entering Turkey. Visitors no longer need to show proof of vaccination, quarantine, or wear masks.

You should plan to spend around TRY434 ($23) per day on your vacation in Turkey, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, TRY135 ($7.19) on meals for one day and TRY67 ($3.53) on local transportation.

April, May, September and October are pleasantly warm, with temperatures of 20°C to 30°C, so are typically the best times to visit Turkey's grand array of ancient sites.

Handmade Gold and Silver in Turkey

People living in this country love wearing gold jewelry. 14, 18, or 22-carat gold jewelry is among the most popular pieces preferred. Bracelets called Trabzon and Tel Kare are the traditional golden bracelet designs preferred by almost every woman in the country.

The current price of 14K is 66.92 TL/gram. 2.

Turkish gold can be 10-karat, 12-karat, 14-karat, 18-karat or 20-karat. Though, the lower karat Turkish gold is usually produced for the American retail market. The purity stamps found on Turkish gold are normally: 10-karat '417'

Sisli. On the European side of Istanbul, Sisli is a cosmopolitan and affluent neighborhood. It is known for its bustling city life, history and culture, museums, cathedrals, mosques, and bustling retail districts and malls. Sisli is one of Istanbul's most costly neighborhoods in terms of lodging.

What is this? France, Italy, and the United Kingdom have a high number of luxury labels that you can buy without having to pay import taxes and other fees. A Louis Vuitton Neverfull bag, for example, is 30% to 40% cheaper if you purchase it in France instead of the United States.

With the UK being seen as the cheapest country to buy Gucci, closely followed by its neighbours on the continent of Europe, it is only fair that these bargain prices are available no matter where you live.

A quick reminder that luxury brands such as Louis Vuitton, Gucci, Chanel, etc., are cheaper than in most places, but they are more expensive if you compare it to European prices, especially since you get your VAT back when shopping in Europe at the end of your trip.

Which country is good for luxury shopping? ›

The Louis Vuitton leather goods collections are exclusively produced in our workshops located in France, Spain, Italy and the United States.

If you are looking for elegant clothes according to the latest trends, Istinye Park will be the perfect place. You will see the most famous brands in the world, such as Prada, Armani, Chanel, Dior and others.

It's estimated that the cost of living in Turkey is about 61.25% less than in the United States, with rent coming at a whopping 86.29% lower than in U.S.

Jewellery and Silver

Surprisingly, although the prices of gold and silver are fixed internationally, jewelry items in Turkey are cheaper than in other places. This is due to the low labor cost.