Turkey’s Housing Market Booms, April 2025
TÜİK’s latest statistics reveal a significant upswing in Turkish housing sales—what it means for investors.
Turkish Real Estate Market Accelerates in April 2025
According to the latest data released by the Turkish Statistical Institute (TÜİK) for April 2025, Turkey’s real estate market experienced a remarkable increase. This blog analyzes the key numbers, regional insights, and how these latest trends affect both local and foreign investors looking to enter or expand in the Turkish property market.
II. Nationwide Home Sales Jump by 56.6%
In April 2025, housing sales across Turkey increased significantly by 56.6% compared to April 2024, totaling 118,359 homes sold. This notable rise indicates a strong recovery from previous downturns, reflecting restored confidence among buyers and investors.
Key insights:
Increased mortgage accessibility and favorable interest rates.
Positive economic signals supporting buyer confidence.
III. Most Active Real Estate Markets: Istanbul, Ankara, and İzmir
The leading provinces in terms of total housing sales were:
| City | Homes Sold (April 2025) | Market Share |
|---|---|---|
| Istanbul | 17,847 | 15.1% |
| Ankara | 9,601 | 8.1% |
| İzmir | 6,593 | 5.6% |
Istanbul continues to dominate the Turkish real estate market, reflecting its sustained attractiveness for both investors and homebuyers.
IV. Mortgaged Housing Sales See Dramatic Increase (163.4%)
April saw a substantial spike in mortgaged housing sales, with 24,625 properties sold using mortgages—an astounding 163.4% increase from the previous year.
Implications:
Buyers are capitalizing on improved credit conditions.
Lenders are providing more attractive mortgage options.
Financial conditions are significantly boosting housing demand.
V. First-time vs. Second-hand Home Sales: Both Segments Flourishing
In April 2025:
First-time home sales increased by 44.5%, totaling 35,190 units.
Second-hand home sales increased by 62.3%, reaching 83,169 units.
Second-hand sales continue to dominate, reflecting strong market liquidity and high activity among investors seeking quicker returns.
Housing Sales to Foreigners Increased by 13.2% in April 2025
In April 2025, housing sales to foreigners in Turkey increased by 13.2% compared to the same month last year, totaling 1,440 units. Sales to foreigners accounted for 1.2% of the total housing sales in April.
The top cities preferred by foreign buyers were:
Istanbul: 529 homes
Antalya: 497 homes
Mersin: 117 homes
Top nationalities investing in Turkish property:
| Nationality | Homes Purchased |
|---|---|
 Russian Federation |
534 |
 Iran |
146 |
 Ukraine |
117 |
 Germany |
76 |
 Kazakhstan |
70 |
VII. What Does This Mean for Investors?
Opportunities:
Increased market activity provides strong liquidity.
Favorable financing conditions offer leverage opportunities.
High rental demand, particularly in tourist and metropolitan areas.
Cautions:
Ongoing regulatory changes affecting foreign ownership rules.
Slight decline in foreign purchases may indicate temporary hesitancy due to global geopolitical factors.
VIII. Market Forecast for Summer 2025
As the tourism season approaches, investors should anticipate:
Increased short-term rental opportunities.
Further growth in sales, especially in coastal and touristic regions.
Potential relaxation of mortgage lending criteria continuing to bolster domestic sales.
IX. Conclusion: Optimism Returns to Turkey’s Housing Market
The April 2025 TÜİK data indicates a clear revival of Turkey’s real estate market, particularly driven by domestic demand and improved financial conditions. For both local and international investors, this is a favorable period to reconsider and expand property portfolios strategically.
📌 Get Expert Advice on Your Real Estate Investment
At Ensari Yiğitcan Çakmak Law Office, we specialize in assisting foreign and local investors with:
Comprehensive market and legal advice
Property due diligence and documentation
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Assistance with mortgage and financing processes
Citizenship and residency advisory
📞 Secure your property investment with professional legal guidance.
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