Historical Supply and Demand Balance in the Turkish Real Estate Sector
Revolution in Production: 8-Year Peak in Building Permits
Real estate supply across Turkey entered a new production cycle with building permit data reaching its highest level in the last eight years. According to TurkStat (TÜİK) data, the number of apartments with building permits increased by 39% annually to 754,791. This increase is driven by the revival of projects deferred over the past few years due to high construction costs.
2025 Sales Record and 2026 Projection
The total housing sales in 2025 reached nearly 1.7 million units, recorded as one of the biggest records in Turkish history. The fact that 90% of sales were conducted in cash while the share of mortgaged sales remained limited at 14% reveals the sector's non-bank financing strength.
Legislation and Transparency: Mandatory EIDS as of February 15
The Electronic Listing Verification System (EIDS), implemented by the Ministry of Trade to prevent price manipulation, became mandatory across Turkey as of February 15, 2026. It is projected that approximately 200,000 fake or manipulative listings will be removed from platforms.
Russian Investor Analysis: 2026 Trends
In 2026, Russian investors shifted their motivation from "citizenship" to investments focused on "sustainable rental income and efficiency". The citizenship by investment threshold remains at 400,000 USD for 2026 . Mersin has emerged as a new focal point due to its accessible prices and large-scale projects.
