Property Prices in Turkey

Property Prices in Turkey 2025 – What You Need to Know

Introduction

Turkey’s real estate market continues to attract foreign buyers and investors due to its affordable prices, strong rental yields, and beautiful locations. In 2025, understanding the latest property prices in Turkey is essential for making smart buying decisions—whether you’re looking for a holiday home, investment property, or permanent residence.

Average Property Prices in Turkey

Across Turkey, the average price per square meter is approximately $825 USD, with typical homes costing around $113,000 USD. However, prices vary widely depending on the city, neighborhood, and type of property.

Price Breakdown by Major Cities

• Istanbul: The most expensive city, averaging about $1,520 USD/m². Luxury areas can reach up to $5,000–6,000 USD/m². More affordable suburbs like Esenyurt and Beylikdüzü offer prices around $800–1,200 USD/m².
• Ankara: The capital city offers more affordable prices, averaging about $815 USD/m², making it a good option for budget-conscious buyers.
• Izmir: A coastal city with prices around $1,100 USD/m², blending urban life and seaside charm.
• Antalya: Popular with tourists and retirees, averaging about $1,097 USD/m², with good rental potential.

Current Market Trends

• Despite nominal price increases of 30% or more yearly in major cities, inflation-adjusted (real) prices have actually declined by roughly 7–8%.
• The market is cooling down, offering buyers more negotiating power and a wider selection of properties.
• Rental yields remain strong nationwide, averaging around 7.4%, with some locations exceeding 10% gross returns.

Why Invest in Turkish Property in 2025?

• Affordable Prices: Compared to many European countries, Turkey offers excellent value per square meter.
• Growing Demand: Both local and international interest keeps the market active.
• Strong Rental Market: Especially in tourist hotspots and major cities.
• Citizenship Incentives: Buying property worth $400,000 or more can lead to Turkish citizenship, though affordable properties can still be great investments or second homes.

Tips for Buyers

• Research neighborhoods carefully—prices and rental returns vary widely.
• Inspect properties or work with trusted local agents.
• Consider newer buildings for earthquake safety.
• Be mindful of currency fluctuations when budgeting.
• Use legal professionals to verify title deeds and contracts.

Conclusion

Whether you’re looking for a luxury apartment in Istanbul, a seaside villa in Antalya, or a budget-friendly home in Ankara, property prices in Turkey in 2025 offer options for all budgets. With a cooling market and strong rental returns, now is a great time to explore Turkish real estate as a buyer or investor.