Real Estate in Turkey
Summary
Real Estate in Turkey industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Real estate refers to physical property and consists of land and buildings. The market scope includes renting and leasing various types of real estate properties. Market volume refers to the total number of properties that are rented or leased. It does not encompass properties sold by real estate brokers or agents, nor does it include land sales, whether for rent or full purchase. The scope of market volume also excludes unoccupied properties. Market value refers to the revenue generated from renting and leasing properties.
- The Turkish real estate industry recorded revenues of $122.3 billion in 2024, representing a compound annual growth rate (CAGR) of 2.7% between 2019 and 2024.
- Industry consumption volume increased with a CAGR of 2.6% between 2019 and 2024, reaching a total of 18.7 million units in 2024.
- Turkey captured a share of 5.7% in the European real estate industry in 2024.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the real estate market in Turkey
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the real estate market in Turkey
- Leading company profiles reveal details of key real estate market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Turkey real estate market with five year forecasts by both value and volume
- What was the size of the Turkey real estate market by value in 2024?
- What will be the size of the Turkey real estate market in 2029?
- What factors are affecting the strength of competition in the Turkey real estate market?
- How has the market performed over the last five years?
- Who are the top competitors in Turkey's real estate market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strategies of the leading players?
- 7.3. What are the recent developments in the industry?
- 8 Company Profiles
- 8.1. Dogus Holding AS
- 8.2. Is Gayrimenkul Yatirim Ortakligi AS
- 8.3. Emlak Konut Gayrimenkul Yatirim Ortak AS
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Turkey real estate market value: $ million, 2019-24
- Table 2: Turkey real estate market volume: thousand units, 2019-24
- Table 3: Turkey real estate market category segmentation: % share, by value, 2019-24
- Table 4: Turkey real estate market category segmentation: $ million, 2019-24
- Table 5: Turkey real estate market geography segmentation: $ million, 2024
- Table 6: Turkey real estate market value forecast: $ million, 2024-29
- Table 7: Turkey real estate market volume forecast: thousand units, 2024-29
- Table 8: Dogus Holding AS: Key Facts
- Table 9: Dogus Holding AS: Key Employees
- Table 10: Is Gayrimenkul Yatirim Ortakligi AS: Key Facts
- Table 11: Is Gayrimenkul Yatirim Ortakligi AS: Annual Financial Ratios
- Table 12: Is Gayrimenkul Yatirim Ortakligi AS: Key Employees
- Table 13: Emlak Konut Gayrimenkul Yatirim Ortak AS: Key Facts
- Table 14: Emlak Konut Gayrimenkul Yatirim Ortak AS: Annual Financial Ratios
- Table 15: Emlak Konut Gayrimenkul Yatirim Ortak AS: Key Employees
- Table 16: Turkey Size of Population (Million), 2020-24
- Table 17: Turkey Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 18: Turkey GDP (Current Prices, $ Billion), 2020-24
- Table 19: Turkey Inflation, 2020-24
- Table 20: Turkey Consumer Price Index (Absolute), 2020-24
- Table 21: Turkey Exchange Rate, 2019-24
- List of Figures
- Figure 1: Turkey real estate market value: $ million, 2019-24
- Figure 2: Turkey real estate market volume: thousand units, 2019-24
- Figure 3: Turkey real estate market category segmentation: $ million, 2019-24
- Figure 4: Turkey real estate market geography segmentation: % share, by value, 2024
- Figure 5: Turkey real estate market value forecast: $ million, 2024-29
- Figure 6: Turkey real estate market volume forecast: thousand units, 2024-29
- Figure 7: Forces driving competition in the real estate market in Turkey, 2024
- Figure 8: Drivers of buyer power in the real estate market in Turkey, 2024
- Figure 9: Drivers of supplier power in the real estate market in Turkey, 2024
- Figure 10: Factors influencing the likelihood of new entrants in the real estate market in Turkey, 2024
- Figure 11: Factors influencing the threat of substitutes in the real estate market in Turkey, 2024
- Figure 12: Drivers of degree of rivalry in the real estate market in Turkey, 2024
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