Europe · TRY
Türkiye property market
House prices in Türkiye rose 26.7% in the year to Q1 2026, based on BIS data. After inflation, prices lost 3.3% over the same period. Rents changed +49.6% year on year. Over five years the nominal index is +1173.2%.
Last updated 28 July 2026
Key metrics
Prices
House Price Growth YoY (Nominal)
4.3%
1 January 2025 · Global Property Search Research
Median Asking Price, 1-Bedroom
€414,582
1 January 2025 · Global Property Search Research
Apartment Price per Square Metre
€5,782 /m²
1 January 2025 · Global Property Search Research
House Price Growth YoY (Real)
3.3%
1 January 2025 · Global Property Search Research
Rents
Median Rent per Square Metre
€17.1 /m²/month
1 January 2025 · Global Property Search Research
Rent Growth YoY
5.0%
1 January 2025 · Global Property Search Research
Yields & Affordability
Price-to-Income Ratio
7.3x
1 January 2025 · Global Property Search Research
Price-to-Rent Ratio
22.8 yrs
1 January 2025 · Global Property Search Research
Gross Rental Yield
4.52%
1 January 2025 · Global Property Search Research
Financing
Average Mortgage Rate
3.89%
1 January 2025 · Global Property Search Research
Taxes & Costs
Effective Rental Income Tax
17.8%
1 January 2025 · Global Property Search Research
Round-Trip Transaction Costs
7.7%
1 January 2025 · Global Property Search Research
Economy
Inflation Rate
3.3%
1 January 2025 · Global Property Search Research
GDP per Capita
€43,485
1 January 2025 · Global Property Search Research
Market analysis
Our market analysis briefing for Türkiye is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 28 July 2026
Taxes & costs
Our taxes & costs briefing for Türkiye is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 28 July 2026
Buying guide
Our buying guide briefing for Türkiye is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 28 July 2026
Rental law
Our rental law briefing for Türkiye is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 28 July 2026
Economy
Our economy briefing for Türkiye is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 28 July 2026
Featured cities in Türkiye
Go one level deeper: local price levels, rental demand and neighbourhood-by-neighbourhood guides for the main Türkiye property markets.
Sources & methodology
Read our full methodology or compare Türkiye with other markets.
Türkiye property FAQs
What is the average rental yield in Türkiye?
Gross rental yields in Türkiye average 4.52% as of 1 January 2025.
Are house prices rising in Türkiye?
Nominal house prices in Türkiye changed +26.7% over the last year.
What does it cost to buy property in Türkiye?
Round-trip transaction costs in Türkiye run at about 7.7% of the purchase price, covering transfer tax, notary, registration and agency fees.
What are typical mortgage rates in Türkiye?
The representative residential mortgage rate in Türkiye is 3.89% as of 1 January 2025, based on central bank and official lending statistics.
Can foreigners buy property in Türkiye?
Foreign-buyer rules in Türkiye are covered in our buying guide section above, alongside transaction costs, taxes and the registration process.
Where does this Türkiye property data come from?
Figures for Türkiye are compiled from Global Property Search Research and were last updated 28 July 2026.
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