The Turkish Statistical Institute has published property sales data for March 2025. A total of 110,795 homes were sold, continuing the positive trend. Property sales across Turkey rose by 5.1% compared to March 2024.
The cities with the highest number of property sales were Istanbul (19,820), Ankara (10,203), and Izmir (7,513).
Property sales increased by 20.1% in the January–March period compared to the same period last year, reaching 335,786 transactions.
Mortgage Sales on the Rise
Mortgage property sales in March rose by 41.5% compared to the same month last year, totaling 18,225 — making up 16.4% of total sales. From January to March, mortgage transactions increased by 87.3% year-over-year, reaching 51,729 deals.
Primary and Secondary Market
Sales of new-build homes in March were down by 3.2% compared to March 2024, with 33,307 transactions, accounting for 30.1% of total sales. However, sales of new homes in the January–March period increased by 13.2% compared to the same period last year, totaling 99,876.
Sales of resale properties in March rose by 9.1% compared to March 2024, reaching 77,488 transactions — or 69.9% of all property sales. From January to March, second-hand home sales grew by 23.3% year-over-year, totaling 235,910.
Foreign Buyers
In March, 1,574 properties were sold to foreign buyers, a decrease of 11.5% compared to March 2024. Foreign sales made up 1.4% of all property sales that month. The most popular cities among foreigners were Istanbul (635), Antalya (496), and Mersin (141).
From January to March, property sales to foreigners fell by 19.5% compared to the same period last year, totaling 4,578.
The majority of purchases were made by citizens of the Russian Federation (275), followed by Iranians (153) and Ukrainians (124).
How to Profitably Invest in Turkish Real Estate in 2025
In resort regions, there are currently discounted offers due to changes in the residence permit threshold and the temporary closure of certain districts for new permits. This makes now a great time to invest at reduced prices.
Long-term installment payment plans are available for both under-construction and completed high-end properties. Some of these can be rented out short-term with a guaranteed return starting from 5% and potential for capital growth.
The citizenship-by-investment program remains one of the most attractive and in-demand in Turkey.
To learn more, book a consultation with a licensed agent from Stay Property. Ask a question in the live chat on the website or contact a local office.
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