The Turkey Luxury Residential Real Estate Market size was valued at around USD 61.19 billion in 2024 and is projected to reach USD 87 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.11% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Turkey Luxury Residential Real Estate Market Driver:
Rising Demand for Second Homes by Affluent Buyers – The luxury residential real estate sector in the country is fueled to a larger extent by the growing popularity of the country as a second home destination for wealthy clients. Its rich culture and cost-effective real estate along with its favorable climate are perfect for people who are looking for vacation villas in scenic places like; Bodrum, Antalya, and Çeşme mainly from Europeans, Middle Easterners, and Asians. Turkey's government also supports the enactment of citizenships, whereby one becomes a Turkish citizen, by investing USD 400,000 or more in such properties as foreign buyers having a strong preference for their second houses in this area. In addition, there are greater numbers of millionaires and billionaires in the country where the count of UHNWIs, jumped by 9.7% in 2023. This boosts demand for eco-friendly, health-oriented living spaces with private gardens, pools, and spas that align with what a wealthy house buyer prefers in his second home. Moreover, the flexibility in working remotely has enabled them to live away from city centers and thus purchase second homes in quiet locations.
Download a free sample copy of the Report: https://www.marknteladvisors.com/query/request-sample/turkey-luxury-residential-real-estate-market.html
Key Market Reports Highlights
· Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Browse Full Report including(TOC+ List of Table and Figures) : https://www.marknteladvisors.com/research-library/turkey-luxury-residential-real-estate-market.html
Turkey Luxury Residential Real Estate Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Type
- Flats- Market Size & Forecast 2020-2030, USD Million
- Condominiums - Market Size & Forecast 2020-2030, USD Million
- Penthouses- Market Size & Forecast 2020-2030, USD Million
- Townhouses- Market Size & Forecast 2020-2030, USD Million
- Villas & Mansions- Market Size & Forecast 2020-2030, USD Million
- Others (Vacation Homes, Farm Houses, etc.) - Market Size & Forecast 2020-2030, USD Million
- By Furnishing
- Fully Furnished- Market Size & Forecast 2020-2030, USD Million
- Semi-Furnished- Market Size & Forecast 2020-2030, USD Million
- By Configuration
- 1-2 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
- 3-4 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
- 5-6 Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
- 7 & Above Bedrooms (BHK)- Market Size & Forecast 2020-2030, USD Million
- By Size (sq. ft.)
- Less than 5,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
- 5,000 - 10,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
- 10,000 – 15,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
- 15,000 - 20,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
- Above 20,000 sq. ft.- Market Size & Forecast 2020-2030, USD Million
- By Price
- 1–5 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
- 6-10 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
- 11-20 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
- 21-50 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
- 51- 100 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
- Above 100 (USD Millions) - Market Size & Forecast 2020-2030, USD Million
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Sotheby's International Realty Turkey, Luxury Property Turkey, Barnes Türkiye, Avrupa Konutlari, Ağaoğlu Group, Yeni Levent, Özyurtlar Holding, Eroğlu Real Estate, Emlak Konut, ISTHOMES Real Estate, and others. looking forward to strengthening their market positions.
Get Instant Access to Exclusive Market Data – Choose Your License as per Your Business Needs & Avail Special Offer – Buy Now: https://www.marknteladvisors.com/pricing/turkey-luxury-residential-real-estate-market.html
Data-Driven Insights Backed by Proven Research
We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.
From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.
About Us –
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Contact Us
MarkNtel Advisors
Email: sales@marknteladvisors.com
Website: www.marknteladvisors.com
Latest Press Release - https://www.marknteladvisors.com/press-release