The market in official figures
Headline figures from the latest official releases, for orientation. Detailed information on a specific project comes with its catalogue.
Home sales in Istanbul
Of which 81,855 first-hand (new) homes.
Source: Turkish Statistical Institute (TÜİK) · released 16 October 2026
Home sales in one month
−16.9% on September 2025; first-hand sales −1.0%.
Source: Turkish Statistical Institute (TÜİK) · released 16 October 2026
Homes sold to foreign buyers
817 in September 2026.
Source: Turkish Statistical Institute (TÜİK) · released 16 October 2026
House price index, annual change
Nominal change for Istanbul. For Türkiye as a whole, prices fell 5.7% in real (inflation-adjusted) terms.
Figures checked against the official releases on 29 October 2026.
What we check for every project here
In addition to the developer, the project facts, the material risks and the image rights:
| 01 | Written permission from the project’s sales office for the information and images we show. |
|---|---|
| 02 | Title status in the land registry (TKGM) |
| 03 | Building permit, for projects not yet completed |
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In our research scope
Buying here as a foreign buyer
A short summary of official government guidance. Rules can change, so each purchase is confirmed with the developer and the registry at the time.
- Citizens of 185 countries may buy property in Türkiye (Land Registry Law, Article 35). Eligibility is confirmed by nationality at the land registry.
- The purchase needs a passport, an identity declaration form, a foreign-currency purchase certificate from a Turkish bank for the sale value and compulsory earthquake insurance; a sworn translator if the buyer does not speak Turkish.
- The purchase can be completed from abroad with an apostilled power of attorney.
- Military and security zones are recorded in the land register and checked at the time of the transaction.
- Turkish citizenship through property requires a valuation of at least USD 400,000, under separate conditions.
Official source: Land Registry and Cadastre (TKGM) — Your Key Türkiye · Checked on 29 October 2026.
Sources we use
We compare and refresh market data against these official publishers and registries. Headline figures are shown above with their source; detailed figures are discussed in consultation.
- Turkish Statistical Institute (TÜİK)
- Central Bank of the Republic of Türkiye (TCMB)
- General Directorate of Land Registry and Cadastre (TKGM)
- District municipalities (building permits)
Market reports from established research firms and the financial press, used to cross-check — never as the only source.
Considering this market?
Tell us your objectives and timeframe. We will share our current view of the market and the projects that fit, privately.