The residential real estate market in Turkey presents broad development prospects. With the country's rapid economic growth and ongoing urbanization, the demand for housing is on the rise. Particularly in major cities such as Istanbul, Ankara, and Izmir, robust housing demand is fueled by population growth and increased employment opportunities.

Furthermore, the Turkish government has been committed to fostering the development of the real estate market, implementing measures to attract foreign investors, such as relaxing restrictions on foreigners purchasing land and properties.

Secondly, the investment opportunities in the Turkish residential market are diverse and attractive. Whether investing in newly built residences, rental properties, or participating in land development projects, investors can find opportunities that align with their needs and budgets.

Residential property prices in Turkey are relatively low, offering higher investment returns compared to other European countries. Additionally, the Turkish government provides a range of incentives and tax measures for foreign investors, enhancing the attractiveness of investments.

However, the Turkish residential market faces challenges. Firstly, there is an issue of oversupply in the Turkish real estate market. Government-driven real estate development in recent years has led to housing oversupply in certain regions.

Regulation in the market is insufficient, resulting in uncertainty and legal risks. Additionally, political and geopolitical factors may impact the market, such as recent regional tensions and currency devaluation.

For investors looking to invest in the Turkish residential market, several considerations are essential. Firstly, investors should choose reliable real estate developers or agencies to ensure the legality and quality of the properties. Secondly, investors should understand Turkish laws and regulations, market characteristics, and trends, conducting thorough market research and risk assessments. Furthermore, investors should consider their investment goals, budget, and expected returns, formulating a reasonable investment plan and strategy.