15 Reasons to Invest in Property in Turkey

The Turkish property market is growing and offers broad opportunities for investors from around the world. For many years, our company has been building and selling quality homes that attract both buyers who dream of owning a home in Turkey and those looking for reliable ways to invest. Read on to find out why Turkish property is worth investing in and how best to go about it.

Contents:

• Is it worth investing in property in Turkey?
• Why invest in property in Turkey
• What type of property in Turkey is best to invest in?
• Who Turkish property investment is not right for
• Frequently asked questions
• Where to invest in property in 2026: advice from Yekta Homes

Is it worth investing in property in Turkey?

The Turkish property market has been growing for several years and ranks among the world leaders for price growth. The number of transactions keeps rising: in 2025, 1,688,910 homes were sold in Turkey, a record and 14.3% more than the year before. Foreign buyers accounted for 21,534 of these sales, or 1.3%. The share of sales to foreigners grew after the 2012 reciprocity law and peaked in 2022. Since 2023, purchases by foreign buyers have been declining: by 9.4% in 2025 and by a further 6.3% in January–August 2026. Today, market growth is driven mainly by local buyers. The Turkish authorities continue to create conditions that attract foreign capital, which makes Turkish property a reliable, profitable and secure investment. The best evidence of this is the record number of local buyers and the steady interest of foreign investors in Turkish real estate.

In 2025, the largest numbers of homes sold to foreigners were in Istanbul (7,989) and Antalya Province (7,118), which includes Alanya. We look at how prices and demand have changed by year and by city in the Turkish property market overview.

Why invest in property in Turkey

Turkey offers today's investors significant income opportunities. Transactions are transparent and fully legal, and foreign investors are well regarded. The Turkish authorities have built one of the most competitive markets in the world, something far-sighted business people have known for a long time. The favorable investment climate rests largely on the Foreign Direct Investment Law. The figures confirm the positive trend: from 1973 to 2002, foreign investment in the Turkish economy totaled $15 billion, while from 2003 to February 2026 it exceeded $289 billion, according to the Central Bank of the Republic of Turkey. The authorities make considerable efforts to create favorable conditions for foreign nationals who want to invest in local assets. We explain how investing in apartments differs from buying a home to live in in a separate article.

There are many reasons to invest in Turkish property. Here are the 15 most important ones.

1. A steadily growing economy

Experts once predicted that Turkey would soon join the ten leading emerging economies with a GDP of $1 trillion, and Bloomberg analysts recommended that investors pay attention to the country. Turkey crossed the $1 trillion mark in 2023. In 2025, its GDP reached about $1.6 trillion, according to the Turkish Statistical Institute (TÜİK), with economic growth of 3.6%. Over the past 23 years, GDP per capita has increased fivefold, reaching $18,040 in 2025. The country is also home to factories of the world's largest manufacturers.

All of this points to a stable economic environment, which is an important condition for successful and reliable investment.

2. Favorable investment conditions

Turkey's regime for foreign capital is considered one of the most liberal in the world. The country takes many steps to attract and support foreign investors, and foreign and domestic capital have equal rights.

The state actively encourages and supports foreign investment. In terms of government support, tourism, construction and real estate rank second only to industry and science.

Buying a home also opens the way to legal residence. A property worth $200,000 or more allows a foreign buyer to apply for a residence permit (ikamet) for up to 2 years, with the option to renew. A purchase of $400,000 or more gives the right to apply for Turkish citizenship for the whole family: the spouse and children under 18. A property bought for citizenship cannot be sold for 3 years, and this restriction is recorded on the title deed (TAPU).

3. A strategic location

Geography works in Turkey's favor: the country sits between West and East and attracts capital from all neighboring regions. Turkey has long-standing business ties with the Middle East, the European Union, Africa and other regions.

4. A highly developed international tourism industry

In 2025, Turkey welcomed 63.94 million visitors, including Turkish citizens living abroad, and tourism revenue reached a record $65.2 billion. Germany (6.75 million visitors) and the United Kingdom (4.27 million) were among the largest source markets. Antalya Province alone, which includes Alanya, welcomed 17.12 million tourists. This popularity is easy to explain: Turkey has a pleasant climate, well-developed hotel and entertainment infrastructure, and some of the most affordable holiday prices.

The steady flow of tourists is a reliable source of income for investors in Turkish homes. Many travelers now prefer to rent an apartment for their vacation instead of staying in a hotel, so homes on the coast will never stand empty during the season. The key is to choose a promising property and manage it well.

5. Ongoing development of cities and infrastructure

Since the 2000s, Turkish cities have been undergoing large-scale transformation. Major projects include the reconstruction of highways and bridges as well as new housing. The construction sector is growing fast, and people are actively buying apartments in modern residential complexes, both with cash and with mortgages.

To see how quickly Turkey's infrastructure is developing, just look at the Istanbul skyline.

Like many other Turkish cities, Istanbul has become popular with property investors thanks to affordable modern homes with good infrastructure, landscaped grounds and comfortable layouts.

For Alanya, the most important project is Gazipaşa–Alanya Airport. It is being expanded: the terminal will grow to 6,000 m², the runway will be extended to 2,500 m, and capacity will rise to 1.5 million passengers a year. The closer an airport with direct flights, the easier it is to rent out an apartment to guests who come for a week or two.

6. A wide range of properties for profitable investment

Because the Turkish construction market is growing, buyers have a wide choice of properties in every category. You can buy a completed property or an apartment in a complex under construction, choose a cozy studio on the coast or invest in an apartment in Istanbul. There are attractive investment options in every category.

7. Profitable investment and management options

There are several effective ways to invest in Turkish property:

• One of the most popular strategies is buying an in-demand property to rent it out. A newly purchased apartment can be let right away and start generating passive income. Long-term rentals only require a contract with the tenant. Since January 1, 2024, short-term rentals have required a permit from the Ministry of Culture and Tourism, and the permit requires the consent of all apartment owners in the building. Since April 1, 2026, booking platforms have required the permit number to be shown in each listing. We explain how to calculate rental income after all expenses in a separate article.
• Yekta Homes, as a developer, offers an effective management scheme for those who want a profitable investment. We take care of the entire management process and guarantee its returns. The owner can still use the apartment for their own holidays, and the rest of the time it is rented out without their involvement. We are responsible for the property during the management period, and the owner simply receives the income.
• Another option is buying an apartment in a hotel complex. Such complexes usually guarantee returns for up to three years, after which the income is recalculated based on the hotel's overall revenue. For new hotels, the return is 5–10% a year.
• On similar terms, you can buy apartments from companies that, in addition to property management, provide a replacement apartment so that the owner can take a vacation while their property keeps earning.
• Another popular option is buying an apartment in a complex under construction and reselling it once construction is complete.

To choose the right investment strategy and property, it is best to consult experienced local professionals such as Turkish construction company Yekta Homes. Working with foreign investors is part of our services, and for many years we have been helping citizens of other countries buy Turkish property on good terms and earn a stable income from it.

8. Attractive offers designed for investors

When you work with us, you can be sure you will only be offered properties with the highest investment potential. We build residential complexes not only for buyers who like to spend holidays in Turkey or plan to move here, but also for those who want to invest profitably. This is why we always know what to offer each buyer.

For investors who want income right away, we offer practical apartments in completed complexes. For those focused on capital gains, projects under construction are worth a look: apartments there can be bought at the lowest price and later resold at a much higher one, or rented out.

We have options to suit any requirements.

9. Affordable prices

Buyers with any budget can enter the Turkish property market. Prices start at around €53,000, which is what an apartment of about 50 m² costs at the average price per square meter in Alanya. For a profitable investment, however, the lower threshold is €100,000. At this price, you can buy a highly liquid property with good specifications. Yekta Homes offers a wide choice of apartments in this price range and above in Alanya and Gazipaşa: from €103,000 in complexes under construction (Yekta Green Life Gazipasa Residence) and from €139,000 in completed ones (Yekta Blue V Residence in Mahmutlar).

Mid-range properties cost up to €300,000: for example, apartments in the completed Yekta Sunrise Residence in Gazipaşa start at €279,000. Luxury properties start at €500,000, and villas at Yekta Kingdom Premium Villas start at €1,650,000.

As a market benchmark, according to the analytics platform Endeksa, in July 2026 the average price per square meter in Alanya was TRY 58,717 (about €1,064), and the average apartment cost TRY 6.4 million (about €116,000). Across Turkey, the average apartment cost TRY 5,311,000 (about €96,000) in August 2026. Euro amounts here and below are converted at the Central Bank of Turkey exchange rate on October 6, 2026: €1 = TRY 55.19.

Investors can also consider commercial property, whose price depends on quality and location. A small retail unit can be bought for a few tens of thousands of euros, and cafés, restaurants, hotels, and shopping and entertainment centers are also available. If you are buying with a residence permit in mind, keep in mind that a permit is only granted for property registered as residential (konut): a shop or office of the same value does not qualify.

10. Solid rental returns

If you plan to rent out your property, you can expect returns of 3% to 15%. The exact figure depends on key factors such as:

• the location of the property;
• its specifications;
• how it is managed.

The latest figures confirm this range. According to Global Property Guide, the average gross rental yield on homes in Turkey was 7.86% in the third quarter of 2026. Within Istanbul alone, it ranges from 4.7% in Kadıköy to 12.2% in Esenyurt. In Alanya, a long-term rental pays back the purchase price in about 20 years on average (Endeksa), which means a gross yield of close to 5%. Short-term rentals in the season earn more, but require a permit and active management.

Gross yield is the annual rent divided by the price of the apartment, before expenses. The owner receives less. Here is an example for a €120,000 apartment let on a long-term basis:

Income tax on rent is calculated separately (see the section on taxes). The calculation shows that the main lever for higher returns is management: letting the apartment yourself, avoiding vacant periods and choosing an apartment with a moderate aidat.

With the help of Yekta Homes specialists, you can achieve higher returns: our properties offer good locations, modern quality, proper equipment and well-developed infrastructure, and our team has extensive experience in property management with consistently strong results.

Resale income depends on the stage at which the property was bought and how long it is held. These deals require in-depth knowledge of the local market or a reliable partner.

"We usually suggest that investors first decide what matters more to them: regular income or capital growth. Everything else follows from that. For rental income, people choose a completed apartment close to the sea and amenities. For resale, they choose a property at an early stage of construction. Trying to get the maximum of both from a single apartment rarely works," explains an investor relations specialist at Yekta Homes.

11. Easy property maintenance

The best way to maintain property in Turkey is through a management company, and this service is part of what Yekta Homes offers. Our specialists take care of the property, including letting it while the owner is away. The management company handles:

• cleaning;
• airing;
• routine repairs;
• finding tenants;
• letting the property, and more.

The list can be extended to suit the owner's wishes. On average, the service costs €500 a year for maintenance plus about 20% of the rental income.

12. A favorable tax system

Taxes are an important consideration for anyone planning to invest in a home or commercial property. Property in Turkey is subject to several taxes on ownership and on purchase and sale:

• When a property is bought and sold, the buyer and the seller each pay 2% of the sale price, 4% in total. If the buyer is a foreign national, the land registry also charges a processing fee of TRY 20,870 (about €378) in 2026.
• Owners of a house or apartment pay an annual tax of 0.1% to 0.6%. For homes, the rate is 0.1% of the tax value, or 0.2% in metropolitan provinces such as Antalya. As a rule, this comes to no more than $75 a year for an apartment and no more than $100 for a large house.

In some regions the rates are doubled, but even so, taxes in Turkey cannot be called high. In fact, they are much lower than in many other European countries, which is another reason Turkish property is a good buy.

Investors should also know four more taxes and exemptions that apply in 2026:

After 5 years of ownership, no capital gains tax is due on sale. This is why it is worth deciding how long you plan to hold the investment before you buy.

13. Plenty of rental opportunities

Renting out property in Turkey is straightforward. All you need is an apartment in a modern residential complex in a popular resort area. Yekta Homes, for example, offers modern, comfortable apartments in fully equipped complexes in Alanya.

Apartments within 500 m of the sea, with mountain or sea views and the necessary furniture and appliances, are always in demand. In high season they are quickly booked by well-off tourists, and in the low season they are rented by people who like to spend the winter in Turkey's mild climate.

"If an apartment is meant for short-term rental, the permit should be checked before the purchase, not after. A single neighbor who objects is enough to make this format impossible in the building. In that case, the apartment is let long-term: the income is lower, but steadier and without seasonal gaps," says a sales manager at Yekta Homes.

14. Good resale prospects

There are also plenty of opportunities to sell an apartment in Turkey, especially a completed apartment that was bought at the construction stage. Local property prices rise every year, so even a resale property can be sold at a profit.

Experts forecast further price growth, so you can be confident that an apartment bought in Turkey today can be resold at a higher price in a few years.

Resale profit should be calculated in the currency you paid in. In lira, prices are rising fast: according to the Central Bank of Turkey index, homes became 23% more expensive in the year to August 2026, and 26.3% more expensive in Istanbul. Adjusted for inflation, however, prices fell by 6.5%, and the real decline has now continued for nine months in a row. When estimating profit from resale, also take into account the tax on a sale within 5 years and the 3-year sale ban for properties bought for citizenship.

Yekta Homes offers versatile properties that are suitable for resale at any time. Modern residential complexes 10 minutes' walk from the beach, with apartments in a range of layouts at developer prices, are the best option for investors focused on resale.

15. Positive expert forecasts

The current situation in Turkey allows experts to give positive forecasts for investment in the country, and the authorities clearly do not plan to stop here. Under the Development Plan for 2024–2028, Turkey aims to become one of the most visited countries in the world: by 2028, it plans to welcome 82.3 million visitors and earn $100 billion from tourism. This means conditions for investors, tourists, students and workers will keep improving, and the outlook is promising for those who have already invested in Turkish property or plan to do so soon.

What type of property in Turkey is best to invest in?

When choosing where to invest, consider both short-term and long-term prospects. Among all investment options in Turkey, several stand out as the most profitable:

• Investing in foreign currency. This is a simple and profitable way to invest. For people living in Turkey, the best way to keep savings used to be in dollars, which once delivered a net return of up to 19% after inflation. Over the past year, however, this rule stopped working: from October 6, 2025 to October 6, 2026, the dollar rose by 18% against the lira (from TRY 41.62 to TRY 49.18 at the Central Bank rate), while annual inflation in September 2026 was 29.73%. Adjusted for inflation, dollar savings lost about 9% of their value for someone spending money in Turkey.
• Investing in property. This is one of the best ways to preserve and grow capital, suitable both for residents of Turkey and for foreign nationals. The figures support it: home prices in Istanbul rose by 26.3% over the past year, and by 23% across the country (Central Bank of Turkey index, August 2026). For a buyer paying in foreign currency, something else matters more: adjusted for inflation, prices fell by 6.5%, so entering the market costs less now than a year ago. Buying a home or commercial property protects your capital and generates income, and experts do not expect prices to fall in the near future, especially in major resort areas.
• Renting out property. According to TÜİK, this remains a profitable source of income. For a buyer with euros or dollars, renting out an apartment is more profitable than keeping money in a foreign currency deposit. The best option for this strategy is an apartment in a resort area, with a carefully chosen location and specifications. Yekta Homes specialists are always ready to help.
• Investing in tourism. Turkey is one of the world's tourism leaders, and investing in a well-developed sector is reliable. The country now receives almost 64 million visitors a year, and this number is expected to grow in the coming years. All these people are a source of income for those who invest in Turkish tourism.

Overall, Turkey offers broad opportunities for those who own or plan to buy property, whether residential or commercial property linked to tourism. This is one of the most promising investment options today.

Who Turkish property investment is not right for

Turkish property works well as a long-term investment in foreign currency. But there are situations in which it will not deliver the expected result:

• You may need the money within a year or two. Selling an apartment takes time, and a sale within 5 years triggers capital gains tax. If the property was bought for citizenship, it can only be sold after 3 years.
• You are counting only on short-term rentals. Without a ministry permit and the consent of all neighbors, this format is not possible, and the fine for renting without a permit starts at TRY 100,000.
• You need income in lira that beats inflation. Lira rents are not indexed immediately, and inflation in 2026 remains around 30% a year. Property protects savings held in foreign currency first and foremost.
• You expect a fixed return without any involvement. Any yield figure depends on occupancy, expenses and taxes, so it is worth recalculating it for each specific apartment.

Each of these points can be checked before buying. Usually it is enough to decide on the investment horizon and rental format in advance and choose a property to match.

Frequently asked questions

How much does renting out an apartment in Turkey earn?

The national average gross yield in the third quarter of 2026 was 7.86% (Global Property Guide). In Alanya, long-term rentals yield about 5%. After management fees, aidat and taxes, about 3% a year in foreign currency remains.

What taxes does a foreigner pay when buying an apartment?

The title deed transfer fee is 4% of the price, which by law is split equally between buyer and seller. A foreign buyer also pays a land registry processing fee of TRY 20,870 in 2026. A non-resident buying a new home from a developer in foreign currency for the first time can be exempt from VAT if the property is not sold for 3 years.

Does buying property give you a residence permit or citizenship?

Yes. A property worth $200,000 or more qualifies you for a residence permit, and $400,000 or more qualifies the whole family for citizenship. A property bought for citizenship cannot be sold for 3 years.

Can I rent out my apartment short-term?

Yes, but since 2024 only with a permit from the Ministry of Culture and Tourism. The permit requires the consent of all apartment owners in the building; without it, the apartment is let long-term.

Do I have to pay tax when I sell my apartment?

If you sell within 5 years of purchase, tax is charged on the gain above TRY 150,000 at 15–40%. After 5 years of ownership, there is no capital gains tax.

Where to invest in property in 2026: advice from Yekta Homes

If you want to invest in property in Turkey, contact Yekta Homes. Follow a few simple rules for a successful purchase:

• choose a reliable partner in the local market;
• give preference to major cities or resort areas;
• choose a property that matches your investment goals;
• remember that buying from a developer is always more profitable, especially for an investor.

Yekta Homes is a developer offering high-quality properties with strong potential on the Alanya coast. We will find the right property for you in a completed or under-construction complex, help you rent it out or resell it profitably, provide professional management and much more. Investing in property with Yekta Homes is reliable and effective. Call us at +90 533 782 0000.