Tuesday, 27 October 2026Independent English edition
SECTION

Real Estate

Prices, transactions, rentals, documents and evidence-based housing market analysis.

Turkey Compass data graphic showing August 2026 construction costs up 2.04% monthly and 29.59% annually, with materials leading the monthly increase01Editorial visual
Real Estate

Turkey's construction costs accelerated in August: materials drove the monthly increase

The TÜİK index rose 2.04% in August and 29.59% over twelve months. Materials climbed 2.73% in one month, but the release is not a forecast for home prices.

6 min read · today, 10:21
Turkey Compass verification graphic showing a fake aid request using a TOKİ manager's name being stopped and checked through an official channel02Editorial visual
Real Estate

TOKİ warns contractors about fake aid requests using managers' names

Turkey's public housing authority says its managers do not solicit aid and has warned contractors and consultancy firms not to trust requests made in their names.

5 min read · today, 18:25
Turkey Compass flow chart showing the wider choice of authorised property valuation companies for Turkish citizenship applications03Editorial visual
Real Estate & Investment

Turkey widens property-appraisal choice for citizenship applications

TKGM updated its 2024/2 and 2024/4 circulars: qualifying SPK-authorised valuation companies can now prepare reports for property-based citizenship cases, ending the GEDAŞ-only model.

7 min read · today, 21:20
Turkey Compass graphic explaining the TRY 2,645.06 plus VAT travel charge for regulated property appraisals in Turkey04Editorial visual
Real Estate

Turkey sets TRY 2,645 plus VAT travel charge for regulated property appraisals

TDUB Circular No. 9 introduces a fixed minimum travel charge per report for valuations ordered within specified banking and capital-market rules.

6 min read · today, 13:26
Turkey Compass diagram showing that Decision 11787 covers mapped coordinates in 27 provinces and does not automatically grant title or zoning05Editorial visual
Real Estate

Turkey removes specified sites in 27 provinces from forest boundaries — what property buyers must verify

Decision 11787 applies only to coordinates in its annexes. It does not by itself grant title, zoning permission, a building licence or a right to buy.

6 min read · today, 14:21
Original Turkey Compass chart showing August 2026 home sales, mortgage transactions and the foreign-buyer share in Turkey06Editorial visual
Real Estate

Turkey home sales fell 14.7% in August while mortgaged deals increased

TÜİK recorded 127,410 home sales in August. Foreign buyers accounted for 1,938 transactions, or 1.5% of the national total.

6 min read · today, 11:18
Turkey Compass diagram showing the mandatory property Secure Payment System postponed to 1 December 202607Editorial visual
Real Estate

Turkey postpones mandatory secure property payments to 1 December

The Ministry of Trade moved the compulsory start from 1 October to 1 December 2026 while bank and Land Registry integrations are completed. A pilot is planned after bank systems are ready.

5 min read · today, 18:18
Turkey Compass chart showing Turkey home prices up 23 percent nominally and down 6.5 percent in real terms, with new rents up 26.4 percent in August 202608Editorial visual
Real Estate

Turkey home prices rose 23% annually, but fell 6.5% in real terms

TCMB's August index also shows new-tenant rents up 26.4% nationally. Istanbul led rent growth at 34.5%, while national home prices increased 0.9% over the month.

6 min read · today, 11:24
Turkey Compass chart showing Turkey construction output down 4.7% annually, buildings down 8% and infrastructure up 14% in July 202609Editorial visual
Real Estate

Turkey's construction output fell 4.7% as infrastructure and buildings diverged

July's building output was 8% lower than a year earlier, while civil engineering rose 14%. The monthly total increased 1.1%, making this a mixed pipeline signal rather than a house-price forecast.

6 min read · today, 10:24
Turkey Compass data graphic showing Turkey's $36 million July current-account surplus, $322 million net foreign property purchases and $40.7 billion annualised deficit10Editorial visual
Real Estate

Foreign buyers made $322m in net Turkish property purchases as July current account turned positive

Turkey recorded a narrow $36m current-account surplus in July, while non-residents' net property purchases reached $322m. The rolling 12-month account still showed a $40.7bn deficit.

6 min read · today, 15:21
Turkey Compass chart showing Turkey construction costs up 28.33% annually in July 2026, with labour rising faster than materials11Editorial visual
Real Estate

Turkey's construction costs rose 28.33% — what the index means for property buyers

TÜİK's July index rose 1.15% in a month and 28.33% in a year. Labour costs outpaced materials, but the national input index is not a house-price forecast.

6 min read · today, 11:24
Turkey Compass explanatory graphic showing the 31 December 2027 Yarısı Bizden deadline and the three-part support for one Istanbul home12Editorial visual
Real Estate

Istanbul's Yarısı Bizden renewal support extended to 31 December 2027

The deadline has moved by one year. The published support still combines a grant, loan and relocation payment; it is not a cash award or an automatic approval for every owner.

8 min read · today, 13:18
Guide to Istanbul TOKİ rental applications showing 1,071 homes, 14–25 September dates and key eligibility rules13Editorial visual
Real Estate

Istanbul TOKİ rental applications open: foreigners are not eligible

Applications for 1,071 homes run through e-Devlet until 25 September. Turkish citizenship is required; VAT-inclusive monthly charges range from TL10,000 to TL20,000.

7 min read · today, 13:25
Turkey Compass fact-check graphic separating Istanbul tender 2026/768011 from claims of an automatic mass demolition14Editorial visual
Real Estate

Fact-check: Istanbul's Bosphorus demolition tender is real, but it is not a blanket order to raze 4,141 homes

Official tender 2026/768011 is scheduled for 22 September. The public notice confirms demolition and debris-removal work, but headlines about 4,141 properties should not be read as a same-day or whole-building demolition order for every address.

7 min read · today, 13:24
Turkey Compass diagram showing a property listing platform sending monthly identity and listing data to the tax authority15Editorial visual
Real Estate

Turkey expands monthly tax reporting for online property and rental listings

Platforms and social networks that carry sales or rental listings must report identifying and listing data monthly. The 5 September rule does not itself create a new tax or a monthly filing duty for every advertiser.

7 min read · today, 01:34
Turkey Compass chart showing earthquake-zone housing supply rising from 201,000 to about 434,000 homes as rental inflation slows16Editorial visual
Real Estate

CBRT researchers link Turkey's housing-supply rebound to slower rent inflation

A 2 September analysis connects the delivery of about 434,000 earthquake-zone homes and a rise in occupancy permits with easing rent pressure, including spillovers beyond the region.

7 min read · today, 11:15
Turkey Compass diagram showing the four cumulative conditions for Turkey's 2026 tourism-facility title-deed exception17Editorial visual
Real Estate

Turkey creates a narrow title-deed exception for certain pre-2019 tourism facilities

Decision 11706 removes one tourism-certificate restriction only where the planning date, commercial-use status, operating certificate and ownership conditions all match.

8 min read · today, 12:25
Original Turkey Compass diagram showing the Çeşme plan display from 28 August to 11 September 2026 and the parcel-check workflow18Editorial visual
Real Estate

Çeşme reserve-area plans open a public objection window until 11 September

Official 1:5,000 and 1:1,000 plans covering parts of Altınkum, Çiftlik and Musalla are on public display. Approval does not by itself mean construction has started or every parcel has changed status.

7 min read · today, 06:25
Turkey Compass data graphic showing 42 estate agencies, 40 vehicle dealers and TRY 8.2 million in EİDS penalties19Editorial visual
Real Estate

Turkey fines 42 estate agencies over social-media listings: what EİDS requires

The Trade Ministry imposed TRY 8.2 million in total penalties on 82 property and vehicle businesses and said non-compliant Meta accounts will be blocked.

8 min read · today, 22:24
Turkey Compass chart comparing Turkey building permits and occupancy approvals in the second quarter of 202620Editorial visual
Real Estate

Turkey housing pipeline cools: permitted dwellings fell 9.5% in Q2

TÜİK reported fewer new permits but more completed homes: permitted dwellings fell 9.5% year on year while occupancy-approved dwellings rose 10.7%.

8 min read · today, 12:25
Modern retail property and office towers representing Turkey's commercial property market21Editorial visual
Real Estate

Turkey commercial property prices rose 29.4% — but fell in real terms

CBRT data for the second quarter show a 5.5% quarterly increase and a 29.4% annual nominal rise, while inflation-adjusted commercial property prices declined 2.2%.

5 min read · today, 13:15
Comparison of new-build and resale housing transactions in Turkey22Editorial visual
Real Estate

Turkey recorded 42,529 new-build and 81,074 resale home transactions in July

Resales accounted for almost two-thirds of registered housing transactions, with 123,603 sales across the two segments.

5 min read · today, 08:10
Building materials, drawings and cost calculator23Editorial visual
Real Estate

Construction spending in Turkey increased by 29.84% over the year

In May, materials rose in price by 28.62%, and labor by 32%; for buildings, the overall annual cost increase was 28.56%.

7 min read · today, 07:55
Foreign buyers inspect an apartment in Turkey24Editorial visual
Real Estate

Russians again lead among foreign home buyers in Turkey

In June, 2,015 properties were sold to foreigners, and Russian citizens took first place with 381 purchases.

6 min read · today, 08:45
Comparison of a new residential complex and a house on the secondary market25Editorial visual
Real Estate

Primary and secondary market: where it is easier for the buyer to check the real price

We compare documents, terms, expenses after purchase and the possibility of future sale.

8 min read · today, 11:52