MarkNtel Advisors Research Analyses that 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.
Which are the top companies operating in the Turkey Luxury Residential Real Estate Market?
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
Competitive Landscape and Turkey Luxury Residential Real Estate Market Share Analysis:
The competitive landscape of the Turkey Luxury Residential Real Estate market offers detailed insights by company. These insights include company overviews, financial performance, revenue specific to the Turkey Luxury Residential Real Estate market, segment market potential, R&D investments, new market strategies, global footprint, production sites and capacities, key strengths and weaknesses, product launches, product range and diversity, as well as dominant applications.
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Research Scope and Market Categories:
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
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Which are the driving factors of the Turkey Luxury Residential Real Estate Market?
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.
Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Comprehensive Table of Contents Turkey Luxury Residential Real Estate Market Analysis and Forecast (2025-2030)
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Research Methodology
- Overview of Methodological Approaches
- Study Objectives
- Foundational Methodology
- Scope Definition
- Key Assumptions and Limitations
- Forecasting Approach
- Macroeconomic Outlook
- Turkey Luxury Residential Real Estate Market Porters Five Forces Analysis
- Turkey Luxury Residential Real Estate Market Supply Chain Analysis
- Turkey Luxury Residential Real Estate Market Trends & Insights
- Turkey Luxury Residential Real Estate Market Dynamics
- Drivers
- Challenges
- Turkey Luxury Residential Real Estate Market Growth Opportunities & Hotspots
- Turkey Luxury Residential Real Estate Market Policy & Regulations
- Turkey Luxury Residential Real Estate Market Pricing Analysis
- Turkey Luxury Residential Real Estate Market Outlook, 2020-2030F
- Market Size & Outlook
- Revenues (USD Million)
- Units Sold
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