Europe’s most promising real estate market is one of the real estate market in Turkey often used for “location, location, location” is just as well suited for the country. Europe, Middle East and Central Asia at the intersection of the strategic location and 82 million in the near Turkey’s population, strong construction sector offers great opportunities for growing trade and bringing together the industrial production, real estate developers and investors.

• The real estate sector has accounted for about 8.4% of GDP in the last decade. On the investment side, the total foreign direct investment (FDI) inflow was recorded as USD 13 billion in 2018, while the share of the real estate and construction sectors in this amount was USD 5.9 billion (45%).
  
  
• Urban transformation studies and mega projects, especially for Istanbul, direct activities in the near future. Marmaray, Kanal Istanbul, Yavuz Sultan Selim Bridge, Eurasia Tunnel, 3-Storey Grand Istanbul Tunnel and Istanbul’s 3rd airport are among the mega projects in the city.
  
  
• The Urban Renewal and Transformation initiative will cover 7.5 million residences. The private sector contributes greatly to this initiative, which has a budget of USD 400 billion.
  
  
• The total number of residential properties sold in the market of Turkey in 2018 reached 1.4 million units. With the abolition of the reciprocity law in 2012, real estate sales to foreigners started to increase. In Turkey in 2018 compared to the previous year, an increase of 78.3% to a total of 39.663 housing units have been sold to foreigners. In terms of housing sales to foreigners, Istanbul ranked first with 14,270 sales in 2018, followed by Antalya with 7,938 sales, Bursa with 2,720 sales and Ankara with 2,133 sales. 
  
  
• Class A office stock in Istanbul will exceed 5.7 million square meters by the end of 2019. In the office market, the average annual increase in gross leasable area between 2010 and 2019 was approximately 42%. Over 1.7 million square meters of office supply is under construction, and by the end of 2023, the total Class A office supply is expected to reach approximately 7.4 million square meters of gross leasable area.
  
  
• Turkey has 433 units in operation in the shopping center; The total gross leasable area in these shopping centers is 13 million square meters. 4.8 million square meters of gross leasable area of ​​126 shopping center in Istanbul, correspond to 37% of the total leasable area of ​​the shopping center in Turkey. 
  
  
• Despite growth in recent years, Turkey is still behind in terms of total per capita average leasable area of ​​the European average. This indicates that the growth potential in the retail field continues.
  
  

https://www.invest.gov.tr/tr/sectors/sayfalar/real-estate.aspx