Turkey

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, provided the property an...

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 fragmented: an old waterfront apartm...

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 to Central Bank data, housing price...

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 Turkey, including foreign nationals. This system prevents potential scams, ensures secure transactions, and protects both parties. How Does the Secure Payment Process Work? The process involves three steps: Buye...

The Turkish Statistical Institute (TUIK) has published its report on real estate sales statistics for 2025. A Total of 1,688,910 Properties Sold in Turkey in 2025 In 2025, 1,688,910 residential properties were sold in Turkey, reflecting a 14.3% increase compared to 2024. Istanbul recorded the highest number of sales with 280,262 properties. Ankara and Izmir followed with 152,534 and 96,998 sales, respectively. The lowest sales figures were reported in Ardahan (727), Bayburt (1,251), and Hakkari (1,559).