Turkey Market Intelligence
Real-time Turkey property market data, USD-denominated city performance, foreign-buyer nationality flows, TCMB rate tracking.
Live Market Summary
Q1 2026 Housing Sales
285,000
+6.8%Foreigner Sales Q1
7,800
-4.2%CBI Approvals Q1
2,100
-18.5%Istanbul USD/m²
$1,650
+3.1%TCMB Policy Rate
35%
-15ppCPI YoY
+38.5%
EasingMarket Trends
CBI Volume Down as Threshold Holds at $400k
Citizenship-by-investment approvals have dropped 40% since the threshold moved from $250k to $400k in June 2022. 2,100 Q1 2026 approvals — -18.5% YoY.
Russian Unwind, Iranian & Iraqi Rise
Russian buyer share has dropped from 22% (2022) to 12% (2025) post-sanctions-compliance tightening. Iranians (14.2%) and Iraqis (10.5%) now lead the foreign-buyer league.
TCMB Easing, Inflation Moderating
Policy rate at 35% (from 50% peak 2024), CPI at 38.5% YoY (from 65%). Real rates still negative but moderating — mortgage activity rising from a low base.
City Performance (USD-denominated)
| City | Avg USD / m² | YoY (USD) |
|---|---|---|
| Bodrum | $2,450 | +4.8% |
| Fethiye | $1,320 | +4.1% |
| Istanbul (Asian) | $1,450 | +3.8% |
| Alanya | $1,250 | +3.6% |
| Istanbul (European) | $2,100 | +3.4% |
| Izmir (Alsancak) | $1,400 | +3.1% |
| Antalya (Muratpaşa) | $1,380 | +2.9% |
| Bursa (Nilüfer) | $780 | +2.5% |
| Ankara (Çankaya) | $1,050 | +2.2% |
Foreign Buyer Nationalities (2025 FY)
| Nationality | Transactions | Share |
|---|---|---|
| Iranian | 4,850 | 14.2% |
| Russian | 4,200 | 12.3% |
| Iraqi | 3,600 | 10.5% |
| German | 2,950 | 8.6% |
| Kazakh | 2,400 | 7% |
| Afghan | 1,850 | 5.4% |
| Saudi | 1,420 | 4.2% |
| Ukrainian | 1,380 | 4% |
| Kuwaiti | 1,180 | 3.5% |
| British | 1,050 | 3.1% |
| Other | 9,280 | 27.2% |
Dig Deeper — Turkey Tools
Turkey market data sourced from TÜİK (housing sales), TCMB (macro), Endeksa and REIDIN (district indices), Tapu ve Kadastro (transaction registry). Last updated: April 2026.