Turks’ overseas property purchases fall in March amid war impact
The amount spent by Turkish residents on real estate purchases abroad fell 18 percent year-on-year in March to $187 million, as the conflict between the United States, Israel and Iran weighed on property transactions.
According to balance of payments data from the Central Bank, overseas property purchases by Turkish residents had reached $2.7 billion in 2025.
The figure rose sharply at the start of the year, increasing 44.4 percent to $208 million in January and a further 18.4 percent year-on-year to $225 million in February.
However, the latest data indicate a slowdown following the escalation of the conflict.
