Turkey is the world's 19th largest economy and has a diverse industrial and service-based economy. Experiencing rapid economic growth over the past two decades, driven by a burgeoning middle class and a growing urbanization trend. The real estate sector plays a significant role in Turkey's economy, accounting for a significant portion of the country's annual GDP. The government has implemented various initiatives to encourage foreign investment and growth in the real estate sector, including reducing barriers to entry and increasing transparency in property transactions.

The government has introduced new regulations and measures to limit the excessive inflow of capital into the property market, which has led to price reductions in some areas. This provides an opportunity for foreign investors looking to purchase property in the country. An attractive location for investors looking to enter the real estate market, given the country's growing middle class, urbanization trend, and government policies aimed at promoting foreign investment. However, investors should be aware that the real estate market in Turkey is highly competitive and requires careful planning and research before making any investment decisions.