Turkish Real Estate Market Hits Unprecedented Sales Peak in October 2025

The Turkish property sector continues its impressive growth trajectory, with fresh statistics from TÜİK revealing extraordinary performance throughout 2025. October’s figures showcase the resilience and attractiveness of Turkey’s residential market, offering valuable insights for investors and homebuyers alike.

October 2025: A Milestone Month for Property Transactions

According to the latest TÜİK data, Turkey recorded 164,306 residential property transactions in October 2025, establishing a new high-water mark for the year. This achievement positions October as the second-strongest performing month in the property sector’s history for this period, trailing the 2024 record by merely 0.5%.

The nation’s three largest cities dominated transaction volumes: Istanbul processed 26,305 property deals, the capital Ankara completed 14,681 transactions, while the coastal metropolis of Izmir registered 8,678 sales. Conversely, smaller provinces like Ardahan (86 sales), Bayburt (135 sales), and Tunceli (143 sales) recorded minimal activity.

The ten-month aggregate from January through October demonstrates exceptional momentum, with total transactions reaching 1,293,033 units—a remarkable 16.2% surge compared to the equivalent period last year. This performance surpasses all previous ten-month records in Turkish real estate history, eclipsing even the 2020 benchmark achieved during the low-interest mortgage campaign era.

Financing Trends: Mortgage Market Shows Robust Recovery

Credit-backed property acquisitions experienced significant revitalisation, with October registering 23,527 mortgage-financed purchases—the strongest monthly performance since May 2023. This figure reflects an 11.5% year-over-year increase and comprises 14.3% of total market activity.

The January-October cumulative mortgage data reveals even more dramatic growth, with 186,020 financed purchases representing a substantial 64% increase versus the prior year. Among these, 44,490 mortgage transactions involved newly constructed properties during the ten-month span.

International Buyer Activity and Geographic Preferences

Cross-border investment maintained a steady presence in Turkey’s property landscape, with 2,106 units sold to international purchasers in October 2025. Although representing a marginal 0.8% decline year-over-year, foreign investor participation remains significant at 1.3% of total market volume.

Mediterranean resort city Antalya captured the largest share of foreign buyer interest with 729 transactions, with Istanbul closely following at 725 purchases. The southern province of Mersin rounded out the top three destinations with 192 international sales.

Nationality-wise, Russian Federation citizens led foreign acquisitions with 315 purchases, German buyers secured 191 properties, and Iranian investors completed 172 transactions. The ten-month foreign buyer total reached 17,050 units, showing an 11.3% decrease compared to last year.

Primary vs. Secondary Market Dynamics

Market composition reveals interesting buyer preferences, with newly constructed properties accounting for 54,866 sales (33.4% market share) in October, representing a 4.9% annual decline. Meanwhile, pre-owned properties dominated with 109,440 transactions (66.6% share), showing 1.8% growth year-over-year.

Cumulative data for January-October shows secondary market sales climbing 18.8% to 895,526 units, while primary market sales increased 10.9% to reach 397,507 transactions.

Expert Real Estate Guidance in Turkey’s Dynamic Market

These compelling market indicators underscore Turkey’s status as a premier destination for property investment. Whether you’re considering coastal villas, urban apartments, or commercial real estate opportunities, understanding market nuances is crucial for success.

For professional real estate consulting and personalised property solutions in Turkey, connect with Yakup Uslu today. With deep market knowledge and extensive experience across Turkey’s diverse property landscape, Yakup Uslu provides tailored guidance for buyers, sellers, and investors navigating this thriving market. From property selection to transaction management, receive expert support throughout your real estate journey in Turkey.

References

Turkish Statistical Institute. (2025, November). Housing sales statistics, October 2025.

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