As global economic tides continue to shift, one real estate market holds firm in the eyes of international investors: apartments for sale in Turkey. Offering affordable prices, strong rental returns, and one of the world’s most accessible citizenship-by-investment programs, Turkey remains a strategic destination for smart buyers. This in-depth feature explores the trends, figures, and outlook shaping the country’s property market.
1. Apartments in Turkey Remain Affordable—Despite Rising Prices
Property values across Turkey have steadily increased over the past few years. In 2024, residential property prices rose over 30% in nominal terms. However, when adjusted for inflation, the real price gain was more modest—offering opportunity for value-seeking investors.
As of 2025, average apartment prices are still below international standards. In major cities like Istanbul, prices hover around $1,500 per square meter. In Ankara, Izmir, and coastal destinations such as Antalya and Alanya, price levels remain even more accessible. For foreign buyers, this means premium assets at competitive rates.
2. Buyer Activity Signals Renewed Demand
In the first quarter of 2025, home sales in Turkey reached nearly 400,000—marking a sharp increase from the same period in 2024. Mortgage-financed home purchases also rebounded significantly, showing rising domestic and foreign confidence in the market.
Although the number of foreign property purchases declined in 2024 due to tightening regulations and currency shifts, the market saw a resurgence in early 2025. Investors from Russia, Iran, Germany, and the UK continue to dominate the foreign buyer landscape. Apartments for sale in Turkey—especially in cities with high rental yields—remain popular among them.
3. The Turkish Lira Creates Investment Advantages
Turkey’s currency volatility, while risky for locals, has created an opening for international investors with stable foreign currencies. As the lira weakens, foreign capital stretches further, allowing buyers to purchase more valuable property for less in dollar or euro terms.
Apartments for sale in Turkey, particularly in high-end districts of Istanbul or coastal regions like Bodrum, become more accessible for global investors due to this currency advantage.
4. Rental Yields Remain Competitive
Rental income is a key motivation for investors exploring apartments in Turkey. In Istanbul and other urban hubs, long-term rental yields often range between 5% to 8% annually. For investors considering short-term holiday lets in tourist zones like Antalya, Fethiye, or Kusadasi, the potential income can be even higher.
Thanks to Turkey’s year-round tourism, well-located furnished apartments have the potential to generate steady rental income—even during off-peak seasons.
5. The Citizenship by Investment Advantage
Turkey’s real estate-based citizenship program continues to attract foreign investors. Buyers who invest at least $400,000 in property can qualify for Turkish citizenship within months. The process is relatively quick and straightforward, compared to other European options.
Apartments for sale in Turkey are the most popular choice for citizenship-seeking investors—particularly in Istanbul, Ankara, and coastal cities. Beyond residency, Turkish citizenship provides access to visa-free travel to over 110 countries and favorable tax treatment in many cases.
6. Infrastructure Growth Drives Appreciation
Massive infrastructure projects such as the Istanbul Canal, new airports, metro systems, and high-speed railways are pushing up demand for surrounding real estate. Many investors specifically seek apartments for sale in Turkey’s development corridors in anticipation of long-term appreciation.
Government-backed urban transformation projects are also modernizing older neighborhoods, opening new opportunities for mid-range and luxury apartment investments.
7. Regional Spotlight: Where to Invest in Apartments
Istanbul
The financial and cultural capital remains the top choice for real estate investment. Neighborhoods like Beşiktaş, Levent, and Kadıköy continue to attract both domestic and foreign buyers. Urban renewal projects and proximity to key business centers enhance property value.
Antalya
As one of the top destinations for foreign buyers, Antalya offers a blend of beach lifestyle and affordability. Apartments in Lara and Konyaaltı are in high demand for short-term rental returns.
Alanya
Known for its scenic beauty and international community, Alanya remains a hotspot for European investors. New apartment developments with sea views are particularly attractive for mid-budget buyers.
Mersin
An emerging gem on Turkey’s southern coast, Mersin is gaining traction among budget-conscious investors seeking long-term growth. With a major port, new residential zones, and affordable pricing, Mersin combines urban convenience with coastal living. Unlike more saturated markets, property prices here are still relatively low—offering excellent value for first-time buyers or investors seeking high capital appreciation over time.
Bodrum
Located on the Aegean coast, Bodrum is synonymous with luxury and prestige. It draws affluent buyers from Europe and the Middle East looking for high-end apartments and villas with panoramic sea views. Areas like Yalıkavak, Gündoğan, and Türkbükü offer exclusive lifestyle opportunities, with marinas, designer boutiques, and five-star dining. For investors, Bodrum represents a premium segment of the Turkish property market, offering a combination of rental income potential and long-term prestige value.
8. What 2025 Means for Foreign Investors
While 2024 presented challenges due to inflation and changing regulations, 2025 is shaping up to be a year of recovery and opportunity. Economic stabilization efforts are underway, and property regulations are clearer. For foreign investors, this offers a more predictable and structured environment.
Buyers who move early in 2025 are more likely to benefit from still-reasonable pricing, currency advantages, and renewed market momentum. Whether you are buying for income, appreciation, or citizenship, apartments for sale in Turkey remain a resilient and strategic investment choice.
9. Key Reasons to Buy Now
- Currency Advantage: Get more value for your money in lira terms
- High Rental Yields: Income from both long-term and short-term tenants
- Citizenship Perks: Invest and gain access to Turkish citizenship
- Modern Developments: New apartment complexes with full amenities
- Tourism-Driven Growth: Invest in areas with year-round demand
- Entry-Level Affordability: Buy property starting from $70,000
10. Final Thoughts
Whether you’re an investor seeking stable returns, a retiree searching for a lifestyle change, or a global citizen exploring second passport options, apartments for sale in Turkey offer flexibility, value, and long-term growth.
The market is large, diverse, and continues to evolve. From Istanbul’s dynamic skyline to Alanya’s tranquil coastlines, the opportunities are real and the timing is right. With professional support from trusted companies like Summer Homes, navigating the process is easier than ever.
