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The State of Housing Construction in Turkey (2025)

About this Report

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Publication Date: February 19, 2025

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Author: Real Estate Market Analysis Center

Category :

Economy

Housing

Investment

Turkey remains one of the hottest real estate markets, attracting both local and international investors. With rising construction projects, updated regulations, and growing foreign interest, is now the right time to invest?

Watch this video for insights on housing prices, investment opportunities, legal updates, and key challenges in Turkey's property market!

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  • Turkey has become one of the most attractive destinations for real estate investment and housing purchases in recent years. With diverse opportunities in major cities such as Istanbul, Ankara, Antalya, and Izmir, the country continues to attract both domestic and foreign investors.
  • This report examines the current state of housing construction, new regulations, investment opportunities, and the challenges facing Turkey's real estate market.

Latest Trends and Statistics in Turkey's Housing Market

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📉 Analysis: The construction growth trend remains upward, but rising construction costs may impact this trend in the coming years.

  • ✅ Growth in Construction: According to official data, over 700,000 new housing units were built in Turkey in 2024.
  • ✅ Average Price Per Square Meter: The average housing price in Turkey in 2025 is estimated to be around 15,000 TRY per square meter in major cities.
  • ✅ Increase in Foreign Investment: Property purchases by foreign investors have increased by 23% compared to the previous year.

Best Cities to Buy Property in Turkey (2025)

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  • 🔹 Istanbul: Turkey's economic capital and the most popular destination for foreign investors.
  • 🔹 Ankara: A great choice for families, offering more affordable prices compared to Istanbul.
  • 🔹 Antalya: A favorite among European investors due to its Mediterranean climate and strong tourism industry.

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