Turkish Property Price Trends 2025

Turkish Property Price Trends 2025

Turkish Property Price Trends 2025 — quick snapshot 🏙️📈

Turkey’s residential property market remains dynamic in 2025 — showing strong nominal price momentum but mixed real returns after inflation. Domestic demand drives sales, while foreign buying cools. In this comprehensive overview of Turkish Property Price Trends 2025, we unpack the latest price figures, city-level differences, key market drivers, and provide actionable guidance for buyers, investors, and sellers — with charts and a clear plan for how Ideal Estates can help you capture the right opportunities.

Why this matters (short)

  • Real buyers need to know nominal vs real price movement.
  • Investors require city-level price and yield comparisons to assess opportunity.
  • Buyers need practical steps to secure financing and legal protections when buying in Turkey.

Key Takeaways of Turkish Property Price Trends 2025(at-a-glance) ✔️

  • National average price (Q2 2025): TRY 39,697 / sqm (USD 1,025).
  • Istanbul remains the most expensive: TRY 63,125 / sqm (USD 1,630).
  • Ankara shows the fastest city growth (Q2 2025 YoY ~33.6%).
  • Nominal price growth still lags behind inflation in real terms for many markets.

Q2 2025 City Price Table — at a glance (TRY & USD / sqm)

Below is a concise table summarizing the Q2 2025 average housing unit price per square meter and year-on-year change for key Turkish markets. (Data from Q2 2025 Central Bank and market analysis).

CityTRY / sqm (Q2 2025)USD / sqm (Q2 2025)YoY % (Q2 2025 vs Q2 2024)
Istanbul63,1251,63028.83%
Ankara35,69092233.58%
İzmir43,9701,13519.50%
Antalya46,3951,19822.88%
Bursa32,66984425.24%
Mersin30,78379518.28%
Muğla79,0772,0429.72%
Nationwide39,6971,02522.40%

Source: Central Bank of the Republic of Türkiye / market report (Q2 2025).

(You can also view the interactive table and the chart that visualizes these city price levels created for this article.)


Visual snapshot — chart & interpretation 📊

(Chart displayed: Average Housing Unit Price (TRY/sqm) – Q2 2025)

What the chart shows

  • Coastal leisure and resort areas (e.g., Muğla) top the price table due to limited supply and luxury demand (high-end domestic and foreign buyers).
  • Istanbul leads among large urban markets, reflecting prime-location scarcity and strong long-term demand.
  • Interior and industrial cities (e.g., Mersin, Bursa) show lower price levels but attractive yields for buy-to-rent strategies.

Investor takeaway: use price-per-sqm + local rental yield and demand drivers to identify pockets with best risk-adjusted upside.


Deeper look — Nominal growth vs Real returns 🔍

  • Nominal prices continue to rise in many markets, but Turkey’s elevated inflation means real price growth is often negative or flat after adjusting for inflation. The Central Bank’s Residential Property Price Index (RPPI) rose ~32.8% YoY in July 2025, but this translated to a slight real decline once inflation is accounted for.
  • Ankara was one of the few large cities with positive real growth in the period examined.
What this implies
  • Short-term investors who focus only on nominal gains can be misled. Real returns (after inflation and costs) determine purchasing power and investment success.
  • Currency exposure matters for foreigners — TRY depreciation or appreciation affects USD/EUR outcomes.

Demand drivers — who’s buying and why 🧭

  • Domestic buyers: main force behind recent sales momentum. Demand has been strong for primary homes and relocation purchases.
  • Foreign buyers: interest has cooled compared to previous years but remains concentrated in coastal and high-end Istanbul segments.
  • Tourist-driven markets: Antalya, Muğla continue to attract holiday-home purchases and short-term rental interest.
Key influences
  • Infrastructure projects and transport connectivity (new metro lines, highways) boost values in suburbs and commuter belts.
  • Zoning and land scarcity push prices higher in seaside and historic districts.

Rental market & yields — quick facts 🏘️

  • Rental yields vary by city and segment — urban apartments in Istanbul may deliver lower gross yields but higher capital appreciation potential; smaller cities or growing commuter towns can produce stronger immediate yields.
  • A balanced analysis should include gross yield, expected vacancy, management costs, and possible tax implications.

Practical buying considerations for internationals 🇹🇷✍️

  • Title deeds (Tapu): ensure clean deeds; work with local notary and reputable lawyer.
  • Currency strategy: consider TRY volatility; price negotiation and contract currency (TRY vs foreign currency) matter.
  • Financing: mortgage availability and interest rates vary — some foreign buyers use cash or foreign financing to avoid local rate exposure.
  • Taxes & fees: transfer taxes, notary, agent fees — include these in total acquisition cost.

Where are the pockets of opportunity? (shortlist) 🚩

  • Emerging commuter corridors around Istanbul: infrastructure-led growth (metro/rail links).
  • Ankara mid-market housing: strong YoY growth suggests affordability with momentum.
  • Muğla & Antalya (luxury coastal): premium prices but sustained demand from affluent buyers and holiday rentals.
  • Secondary cities (Bursa, Mersin): better immediate yield potential; suitable for yield-focused investors.

Risk checklist — what to watch ⚠️

  • Inflation & monetary policy changes (impact real returns).
  • Exchange rate swings affecting foreign buyer returns.
  • Regulatory or tax changes impacting foreign ownership.
  • Oversupply in certain development-heavy districts.

How Ideal Estates helps you navigate Turkey’s market — (Why partner with us) 🤝🏡

1. Local market intelligence & data-driven advice
Ideal Estates uses up-to-date market reports (including Central Bank indices and local supply-demand metrics) to model both nominal and real returns for properties you consider. We translate complex datasets into practical buy/hold/sell guidance tailored to your goals.

2. Bespoke property sourcing and vetting
We narrow down neighborhoods that match your strategy (yield, capital growth, holiday rental) and inspect legal/title histories, construction compliance, and realistic rental demand.

3. End-to-end transaction management
From negotiation to closing and after-sales rental/property management, Ideal Estates coordinates local lawyers, notaries, translators, and tax advisors — reducing friction and protecting your investment.

4. Currency & tax advisory
We help structure offers with currency clauses, connect you with specialist tax advisors, and present after-tax yield scenarios so you won’t be surprised by hidden costs.

5. Portfolio-level thinking
If you’re investing for diversification or passive income, we model portfolios (multiple properties, locations, price bands) to optimize cash flow, risk, and long-term appreciation.

Why choose Ideal Estates — short list
  • Deep local network of verified developers & sellers.
  • Transparent fees and reporting.
  • Dedicated investor services: rent management, resale timing, and exit planning.
  • Experience with international clients: navigating visa/residency & citizenship-by-investment rules where relevant.

Actionable strategy: 3 sample investment plays (scenarios) 🎯

A — Capital Growth (5–7 yr horizon)
  • Target: Istanbul prime-plus neighborhoods or Antalya growth corridors.
  • Approach: pick well-located, newly completed or near-completion projects; focus on areas with major infrastructure works.
  • Risk: higher price per sqm; lower immediate yield.
  • Ideal Estates role: sourcing, negotiation, and exit-timing advice.
B — Yield & Cash Flow (3–5 yr horizon)
  • Target: Bursa, Mersin, commuter suburbs of large metros.
  • Approach: mid-priced apartments near transport links; prioritize gross yield optimization.
  • Risk: moderate capital growth; manageable vacancy.
  • Ideal Estates role: yield modeling and property management.
C — Seasonal / Holiday Rentals (short to medium term)
  • Target: Muğla, Antalya (coastal resorts).
  • Approach: villas/apartments in proven tourist micro-markets with strong occupancy.
  • Risk: seasonality and management intensity.
  • Ideal Estates role: rental operations, booking optimization, local maintenance.

Typical timeline & checklist for buyers (concise) 🗂️

  1. Define strategy & budget.
  2. Shortlist locations (we provide 3–5) with data-backed comparisons.
  3. Viewings / virtual tours.
  4. Legal checks and Tapu verification.
  5. Offer negotiation & contract.
  6. Closing — notary, taxes, transfer.
  7. Post-sale management (rent, maintenance, resale planning).

FAQs About About Turkish Property Price Trends 2025 ❓❓❓

Q1: Are Turkish property prices expected to keep rising in 2026?
A: Outlooks project continued nominal increases in many segments, but real growth depends on inflation and macro policy. Regional differences will persist — consult up-to-date indices.

Q2: Which Turkish city gives the best rental yield?
A: Yields vary by micro-market. Secondary cities and commuter towns often show higher gross yields than central Istanbul, but factors like vacancy and management costs affect net yields.

Q3: Can foreigners buy property in Turkey?
A: Yes — foreigners can buy property subject to some area restrictions (e.g., military zones). Ideal Estates will coordinate legal checks and ensure compliance.

Q4: How does inflation impact my property investment in Turkey?
A: High inflation can make nominal prices rise, but real returns (purchasing power) may fall. Consider income-producing properties or hedges to protect against inflation eroding real returns.

Q5: How much deposit is typically required to buy?
A: Deposit and payment schedules vary by developer and seller. For off-plan purchases, staged payments are common. Mortgage availability for foreigners also varies — Ideal Estates can connect you to local lenders and provide projections.


Turkey’s 2025 housing market presents a mix of opportunities: urban capital growth, coastal luxury demand, and yield-friendly secondary markets. The key is a data-informed strategy that factors in nominal vs real returns, currency exposure, and local legalities. Ideal Estates brings local knowledge, transaction expertise, and after-sales services to turn market data into results.

Let’s build your Turkey strategy 🚀

Ready to explore Turkey’s property market with a local partner? Contact Ideal Estates for a complimentary investment brief tailored to your goals — including a city-by-city price & yield comparison, personalized shortlist, and next-step timeline.
👉 Inquire now or Subscribe to our market updates for monthly Turkey property insights.


(This article is based on the latest market analysis and Central Bank data for Turkey’s housing market, Q2–Q3 2025).