The real estate sector in Turkey remains one of the most dynamic components of the national economy, driven by continuous interest from both local and foreign investors. In 2025, official data indicates relative stability in sales volumes and property prices despite global economic challenges.

This report summarizes the latest statistics from the Turkish Statistical Institute (TÜİK), the Central Bank of the Republic of Turkey (TCMB), and the General Directorate of Land Registry and Cadastre (TKGM), along with the most recent legal and tax updates relevant to real estate investors.

1. Property Sales Performance in 2025

According to Türkiye İstatistik Kurumu (TÜİK), a total of 150,657 housing units were sold across Turkey in September 2025, marking a 6.9% increase compared to the same month of the previous year.

Experts note that domestic demand remains the main market driver, supported by expanded mortgage opportunities and developer-led installment plans.

While foreign demand has declined slightly compared to earlier years, it has become more selective, focusing on projects offering premium locations and high investment returns—particularly sea-view properties and those eligible for Turkish citizenship.

2. Housing Price Trends

Based on data from the Central Bank of Turkey (TCMB), the Residential Property Price Index (RPPI) reached 195.7 points in September 2025 (base year 2023 = 100).

This reflects a significant price increase over the past two years, especially in major cities such as Istanbul, Ankara, and Izmir.

Investor Insight: Properties near new transportation projects (such as metro lines) tend to offer stronger capital appreciation potential in the long term.

3. Rise in Construction Permits and New Developments

Data from TÜİK shows a notable expansion in the construction sector in 2025.

During the second quarter, the total floor area of newly licensed buildings rose by 61.8% compared to the previous year.

This surge indicates that developers are scaling up their investments, which will likely lead to an increase in housing supply in the coming years.

4. Real Estate Taxes and Fees in Turkey 2025

When purchasing property in Turkey, investors must be fully aware of all associated taxes and official fees, as these costs directly affect the net investment return. Below are the key points to consider:

1. Title Deed Fee (Tapu Harcı)

This is one of the most significant transaction costs, set at 4% of the declared sale price in the title deed transfer.

It is typically shared equally between the buyer and seller (2% each).

The fee is calculated based on the official registered value at the Land Registry Office (not necessarily the market value).

Therefore, it is recommended to declare the true sale price to avoid potential legal complications later.

2. Annual Property Tax

Once ownership is transferred, the owner must pay an annual property tax to the local municipality.

Rates generally range between 0.1% and 0.3% of the property’s assessed value, depending on its type and location.

This tax is paid in two installments, usually in May and November each year, and can be settled at the municipality or via official government payment portals.

3. Government Service Fees (TKGM Fees)

The General Directorate of Land Registry and Cadastre (TKGM) sets official service fees annually, covering transaction costs, official stamps, and document issuance.

Rates vary depending on the type of transaction (ownership transfer, consolidation, mortgage registration, etc.) and are updated annually under the TKGM 2025 Official Tariff.

Digital Payment and e-Government Integration

In recent years, digital transformation has greatly simplified the payment process.

Property-related taxes and title deed fees can now be paid directly through the Turkish Tax Authority’s website (GİB) or its mobile application, with immediate issuance of a digital receipt.

This system particularly benefits foreign investors, allowing them to complete property transfers remotely or via authorized representatives.

Additionally, some Turkish banks now allow clients to pay title deed fees directly through their accounts linked to their Turkish Tax ID (Vergi Numarası), eliminating the need for physical visits to government offices.

5. The New Rental Law in Turkey (2025)

Previously, annual rent increases were capped at 25%, but this regulation expired on July 1, 2024.

As of January 2025, rent adjustments are now calculated based on the 12-month average inflation rate (TÜFE) published by TÜİK.

This means the rent increase rate is now dynamic, changing monthly in line with official inflation data.

New Rental Laws in Turkey 2025: Protecting Investors and Property Owners

6. Foreign Investment & Turkish Citizenship Program

The Turkish Citizenship by Investment Program remains one of the most attractive options for foreign investors in 2025, thanks to its transparent procedures, strong legal framework, and relatively fast processing time compared to similar global programs.

According to the Official Gazette (Issue No. 31834, dated May 13, 2022), the minimum investment threshold remains USD 400,000.

Investors must meet the following requirements:

• Commit not to sell the property for 3 years from the date of registration.
• Complete the payment in foreign currency (USD, EUR, etc.) via a bank transfer to a Turkish account.
• Obtain an official valuation report from an SPK-accredited appraisal firm confirming the property’s fair market value.
• Record a “no-sale for 3 years” restriction on the title deed.

Upon fulfilling these conditions, the investor may apply for Turkish citizenship for themselves, their spouse, and children under 18 years old.

7. Key Investment Hotspots in 2025

• Istanbul: Continues to lead the market, especially in Sarıyer, Bakırköy, Topkapı, and Beykoz—prime areas for luxury real estate and international projects.
• Ankara & Izmir: Offer more affordable prices and stable rental yields, suitable for mid-term investments.
• Antalya & Bursa: Remain highly attractive to foreign buyers due to their touristic appeal and mild climate, ideal for seasonal rentals and lifestyle investments.