Global Insights: How Turkey Stands in the International Property Market Comparison

3 min read

Turkey has emerged as a standout performer in the international property market comparison, especially when evaluated alongside other global real estate destinations. Rapid investor growth, competitive prices, and favorable citizenship programs have positioned Turkey as one of the most attractive markets in recent years. Here’s a deep dive into how it compares and why investors are increasingly turning toward this rising opportunity.

A Surge in Foreign Investment Activity

Between 2021 and 2023, investors in Turkish property achieved notable gains. Thousands of international buyers entered the market, capitalizing on rapid appreciation and favorable investment terms.

By the end of 2021, 19,630 foreign nationals had acquired Turkish citizenship through property investment—owning over 30,000 homes collectively. These numbers reflect not only the success of Turkey’s Citizenship by Investment Program but also the growing global confidence in Turkish real estate.

Citizenship as a Bonus, Not the Goal

While citizenship is a valuable perk, data shows that the primary motivation for many buyers is financial. Investors are drawn to Turkey’s consistent performance, with secondary benefits like citizenship simply sweetening the deal. As the international property market comparison continues to evolve, Turkey’s unique dual benefit of profit and residency gives it an edge.

The Stats Tell the Story

Turkey’s real estate sector has experienced a staggering 26% average annual growth in foreign sales. Between 2013 and 2022, over 323,000 residential units were sold to international buyers. Even more impressive—70% of these were sold between 2018 and 2022, confirming a steep acceleration in demand.

  • From 2021 to 2022 alone, property sales to foreigners grew by nearly 55%.
  • Americans increased their property purchases in Turkey by 127% in 2021.
  • Early buyers included Iraqis (16%), Iranians (12%), and Russians (9%).
  • Recently, buyers from the U.S., Germany, England, and Saudi Arabia have joined in.

In the middle of this global trend, it’s essential to explore Comparing Real Estate Markets in Turkey and other countries 2025 for a full breakdown of how Turkey compares to other investment destinations.

Beyond Property: Why Turkey Stands Out

Turkey’s appeal extends beyond real estate metrics. Its Mediterranean climate, vibrant culture, and year-round tourism play key roles in attracting both buyers and renters.

By mid-2022:

  • Overall foreign tourism increased by 115%.
  • Visits from German tourists rose by 40%.
  • English tourist numbers surged by over 300%.

Most real estate investors are also past visitors—many having discovered their investment potential while touring the country.

Comparing Profit Potential with Other Countries

When placed side-by-side with other popular destinations, Turkey’s return on investment is hard to beat:

  • Turkey: Over 170% ROI in recent years
  • Greece: 9%
  • England: 10%
  • Portugal: 13%

Lower entry costs combined with faster appreciation and high rental potential from tourism make Turkey a standout choice in the international property market comparison.

Strong Returns, Strong Demand

With rapid appreciation, stable demand from global investors, and additional income through tourist rentals, Turkey has become more than just a rising market—it’s now a serious competitor to established European destinations.

If you’re considering entering this market or expanding your portfolio, Homes Gravity’s team can help guide your investment with local insight, accurate data, and legal expertise.

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