Foreign Investor Interest in Turkey's Real Estate Market: Post-Gulf War Transformation

Turkey's real estate market is experiencing a surprising shift in foreign investor interest, with Turkish real estate purchases abroad declining sharply while foreign investors in Turkey are showing increased interest. According to data from the Central Bank of the Republic of Turkey, real estate purchases abroad by Turkish residents hit a record high of 2.675 billion USD in 2025. However, following the U.S.-Israel attack on Iran, purchases dropped by 26% year-on-year in March, April, and May.

Foreign Investor Demand Surges While Turkish Outflows Decline

Foreign investors in Turkey's real estate market saw a 62.4% increase in March, reaching 242 million USD, followed by 17.1% and 7.6% growth in April and May, respectively. The total amount paid by foreign investors in this period reached 590 million USD.

Dubai and Greece Purchases Halted Amid War

The President of the Turkish Real Estate Export Association, Bayram Tekçe, noted that purchases in Dubai and Greece nearly stopped after the war began, attributing it to Greece's negative stance towards Turkey and Israel-GKRY cooperation.

Turkey's Investor-Friendly Reputation

An international real estate expert, Burak Ustaoğlu, highlighted Turkey's stable economic policies and strong diplomatic performance as key factors attracting foreign investors.

Turkey's real estate market advantage in pricing and financial stability is a key driver of interest from investors in the Gulf and Russia. This strengthens Turkey's position as a reliable investment destination on the global stage.