🇹🇷 Real Estate 2025: We have prepared two analytical articles for our readers to help buy or sell.
The growth driver has been a change in ownership: foreigners who acquired citizenship are exiting their assets, while locals are snapping up their apartments like hotcakes.
👇 Statistical details and trends:
🔄 1. The "Citizenship – Sale" cycle has come full circle
The main reason for market activity is the expiration of the 3-year moratorium on selling residential property for foreigners who received a Turkish passport.
The mechanism: Foreigners purchased residential properties (the threshold was $250k, then $400k) subject to the condition of not selling them for 3 years.
2025 result: The term has expired. Foreigners have begun selling properties en masse, frequently below market value (to exit into cash quickly).
The buyer: Locals recognized that real prices for these properties—adjusted for inflation—are advantageous, and have started buying them up with cash.
🏆 2. Top districts of Türkiye: Istanbul's Esenyurt, the epicenter of affordable housing and migrants, became the country's best-selling district.
Sales leaders for 2025 (Türkiye):
🥇 Esenyurt (Istanbul): 34,315 transactions.
🥈 Çankaya (Ankara): 24,531 transactions.
🥉 Kepez (Antalya): 23,929 transactions.
Şehitkamil (Gaziantep): 21,946 transactions.
Keçiören (Ankara): 20,455 transactions.
Trend: Esenyurt has rebounded following its 2023 dip (from 25,000 back then to nearly 35,000 now). This confirms that this is precisely where the most active ownership turnover is taking place.
📉 3. Alanya loses momentum
An interesting observation: In popular resort destinations such as Alanya (Antalya) and Şehitkamil (Gaziantep), sales in 2025 declined compared to 2024.
Probable cause: In Alanya, residence permit issuance has been tightened (many neighborhoods are closed), which cooled primary demand from foreigners, while the secondary market there is not as active among local buyers as it is in Istanbul.
4. Istanbul: Growth across the board
In the metropolis, sales grew across all districts.
Leaders following Esenyurt: Pendik, Başakşehir, Bahçelievler.
Growth record holders:
Güngören: Sales surged from 2,814 to 5,554 (+97%).
Beykoz: Growth from 567 to 1,344 transactions (+137%).
🎯 SUMMARY
The 2025 market is a "re-circulation" market.
Apartments are transferring from foreigners (who fulfilled their passport acquisition goal) to the local middle class, who have savings but lack access to mortgages.
Esenyurt remains the prime indicator of this activity: the area where foreigners bought the most 3 to 4 years ago is now recording the highest resale volume on the secondary market.