Golden Visa News
Advertisement
  • Home
  • Golden Visa News
  • Schengen News
  • Investment Insights
  • Global Mobility Trends
  • Golden Visa Guidelines
Contact Us
No Result
View All Result
  • Home
  • Golden Visa News
  • Schengen News
  • Investment Insights
  • Global Mobility Trends
  • Golden Visa Guidelines
No Result
View All Result
Golden Visa News
No Result
View All Result
Home Investment Insights

Istanbul’s Housing Shortage Raises Alarm as Population Growth Outpaces Supply

Istanbul is facing a housing supply crisis driven by rapid population growth. Real estate professionals warn of a deepening shortage in key districts.

Sophia Reynolds by Sophia Reynolds
April 24, 2025
Reading Time: 2 mins read
0
UAE Becomes Global Leader in Wealth Migration in 2025, Says Şerif Varlı
ADVERTISEMENT

A Widening Gap Between Demand and Supply in Istanbul’s Housing Market

RELATED POSTS

Turkey Sees Record-Breaking Real Estate Sales in Q1 2025 Despite High Interest Rates

Foreign Investment in Turkish Real Estate Gains Momentum: Key Highlights from GIGDEKS-16

United States Becomes Turkey’s Top Trading Partner in 2024, Marking a New Era in Bilateral Economic Relations

Turkey’s largest metropolis, Istanbul, is experiencing a critical housing shortage, according to real estate professionals and construction sector analysts. The city’s population continues to grow, yet housing production is failing to keep up, creating deep imbalances between supply and demand.

In recent years, Istanbul has seen a sharp decline in new housing project completions, while at the same time, interest in the city’s real estate—both from locals and international buyers—continues to rise.

Rental Prices Surge as New Construction Slows

In the first quarter of 2024, there were only 13,048 residential units sold in Istanbul, according to the Turkish Statistical Institute (TÜİK), marking a significant drop compared to previous years. Industry professionals note that the lack of affordable housing and limited new development are pushing rental prices to record highs.

In major districts such as Beşiktaş, Kadıköy, Şişli, and Bakırköy, rental increases have exceeded 100% over the past two years, making it increasingly difficult for middle-income families to find suitable accommodation.

“There Is a Serious Shortage in the Housing Supply”

Deneme Deneme Deneme
ADVERTISEMENT

Şerif Varlı, General Manager of Vartur Real Estate, emphasizes that the city’s existing housing stock is insufficient to meet demand:

“There is a serious shortage in the housing supply. Prices in central districts are increasing rapidly. Those who can’t afford to buy property are now turning to rentals, which puts additional pressure on the rental market.”

He added that this situation is driving more investors to consider purchasing properties in surrounding neighborhoods, where prices are still relatively accessible.

Foreign Demand Still Strong Despite Price Pressures

Despite rising costs, Istanbul remains a top destination for foreign investors. According to Şerif Varlı, interest from international buyers—especially from the Middle East and Europe—has not waned. Many view Istanbul as a long-term opportunity due to its strategic location, dynamic economy, and cultural appeal.

However, with limited new developments in the pipeline, experts warn that the housing crunch may worsen unless construction activity increases in the near future.

A Market Under Pressure—and Opportunity

Istanbul’s housing shortage presents challenges for residents but also signals a high-demand market for both domestic and international real estate investors. As the city continues to grow, those who invest strategically—especially in developing districts—may benefit from long-term appreciation and rental income.

Tags: housing crisis Istanbulhousing demand Turkeyhousing supply Turkeyinvestment in IstanbulIstanbul housing shortageIstanbul real estate trendsproperty market Turkeyreal estate Istanbul 2025rental prices IstanbulŞerif Varlı VarturVartur Real Estate
ShareTweet
Sophia Reynolds

Sophia Reynolds

Related Posts

Turkey Sees Record-Breaking Real Estate Sales in Q1 2025 Despite High Interest Rates
Investment Insights

Turkey Sees Record-Breaking Real Estate Sales in Q1 2025 Despite High Interest Rates

April 24, 2025
NotteGlobal Successfully Hosts Another High-Impact Golden Visa Workshop in Turkey
Investment Insights

Foreign Investment in Turkish Real Estate Gains Momentum: Key Highlights from GIGDEKS-16

April 15, 2025
United States Becomes Turkey’s Top Trading Partner in 2024, Marking a New Era in Bilateral Economic Relations
Investment Insights

United States Becomes Turkey’s Top Trading Partner in 2024, Marking a New Era in Bilateral Economic Relations

April 2, 2025
SAN Kuaför Expands Into the U.S. Market With Major Launch Planned for 2027
Investment Insights

SAN Kuaför Expands Into the U.S. Market With Major Launch Planned for 2027

April 2, 2025
Hakki Alkan
Investment Insights

SDN Tech Expo 2025: The Future of Technology Unfolds in Istanbul!

February 27, 2025
Turan Real Estate Forum in Baku
Investment Insights

Turan States Construction and Real Estate Forum Held in Baku: Key Takeaways and Industry Insights

February 24, 2025

Recommended Stories

USA EB-5 Immigrant Investor Program

America’s Golden Visa: A New Pathway for Wealthy Investors

March 6, 2025
UAE Golden Visa

Dubai to Issue 10,000 Golden Visas to Content Creators in 2025

January 29, 2025
EU Blue Card Salary

EU Suspends Visa-Free Travel for Georgian Diplomats

December 31, 2024

Popular Stories

  • Invest in Shawarma Stop Franchise and Secure Your E-2 Visa with a $150,000 Investment

    Invest in Shawarma Stop Franchise and Secure Your E-2 Visa with a $150,000 Investment

    134 shares
    Share 0 Tweet 0
  • UAE Golden Visa in 2025: PRYPCO Shares Insights on Exciting Developments

    0 shares
    Share 0 Tweet 0
  • Spain’s Golden Visa Closure: Industry Leaders Offer Insights and Guidance for Investors

    0 shares
    Share 0 Tweet 0
  • E2 Visa Approvals in 2025: Key Trends, Expert Tips, and What Investors Need to Know

    0 shares
    Share 0 Tweet 0
  • Spain Sets April 2025 Deadline for Golden Visa Applications

    0 shares
    Share 0 Tweet 0
  • Home
  • Golden Visa News
  • Schengen News
  • Investment Insights
  • Global Mobility Trends
  • Golden Visa Guidelines
Call us: +1 464 212 64 07

© 2024 GoldenVisaNews.com

No Result
View All Result
  • Home
  • Golden Visa News
  • Schengen News
  • Investment Insights
  • Global Mobility Trends
  • Luxury & Lifestyle

© 2024 GoldenVisaNews.com

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?