Turkey

The Turkish Ministry of Trade has confirmed a new development for anyone buying or selling property in Turkey: the mandatory Secure Payment System for real estate transactions did not come into effect as initially planned; the Ministry of Trade postponed the launch to October 1, 2026. Additional Time for Technical Integration According to the Ministry, the e...

Previously restricted neighborhoods in Alanya, a municipality and district of Antalya Province, Turkey, are now available again for first-time property-based residence permit applications. As of June 2026, buyers can use addresses in Mahmutlar, Kestel, Avsallar, and Kargıcak when applying for a residence permit in Turkey (İkamet) through property ownership,...

Overview of İzmir’s Real Estate Market İzmir is a self-sustaining real estate market driven by local wealth rather than foreign holiday budgets. Because demand is supported by permanent residents, local professionals, students, and domestic buyers, İzmir is less exposed to the seasonal liquidity swings seen in resort-driven markets. However, İzmir is highly...

Housing Prices Reach New Level: Average Home Price Exceeds 4 Million TL In March 2026, Turkey's housing market reached an important milestone. The average price per square meter rose above 40,000 TL for the first time, reaching 40,380 TL. The price of a 100 square meter house is now over 4 million TL. Square Meter Prices Rising, Real Prices Falling According...

** Update: The mandatory implementation of the Secure Payment System for property title deed transactions has been postponed until 1 October 2026. For the latest information and details, read our updated news. Starting May 1, 2026, Turkey will require all property sales to use a Secure Payment System. The regulation applies to all buyers and sellers in Turke...