In recent years, many investors have been seeking suitable options to preserve the value of their assets. One popular method for safeguarding and growing wealth is through property investment. Given the recent fluctuations in the currency market and the rise of the US dollar relative to both the Turkish lira and the Iranian rial, significant impacts on property prices and investment markets can be observed in both Turkey and Iran.
While some analysts predict that the value of the dollar may rise to as much as 80,000 Toman, others suggest the possibility of a downward trend. Regardless of the scenario, both outcomes are likely to result in inflation and considerable price fluctuations in intermediary, consumer, and imported goods. This creates a unique opportunity for those seeking to hedge against currency devaluation, as property investment in countries like Turkey, where real estate prices are relatively more stable and valued in foreign currencies, could offer a viable option to protect against local economic volatility.

Why is buying property in Türkiye and Iran a popular investment?
Property investment has always been one of the most popular investment options worldwide due to its stability and long-term growth potential. While stock markets and cryptocurrency markets can experience significant volatility, the real estate market typically offers more stability and presents solid investment opportunities. Additionally, real estate, as a physical asset, acts as a hedge against inflation and can preserve its value over time. This makes property an attractive option for investors looking for a secure way to protect and grow their wealth in the long run.
Comparison of the growth of property purchase prices in Türkiye and Iran!
There are two important points to consider. First, we should analyze the growth rate of the real estate market in both Iran and Turkey over the past two years and observe how much it has grown during this period. For example, in 2022, the property market in Turkey experienced significant growth in some cases, with an average increase of around 150%, with a substantial portion (around 100%) attributed to currency fluctuations. This means that the devaluation of the Turkish lira against the US dollar played a major role in driving up real estate prices, making property investment in Turkey a profitable option for those holding foreign currencies. By examining the growth trends in both countries, investors can better assess which market offers better potential for returns, while also considering factors like inflation, currency risks, and overall economic conditions in both regions.
The second point is that during two years, how much has the value of the national currency decreased in both countries?
Given these points, it is clear that in the past two years, the depreciation of the national currency in Iran has been more significant compared to Turkey. However, over the past decade, the growth rate of the real estate market in Iran has been higher than in Turkey. Those who purchased property in Turkey over the last two years have benefited from added value and dollar-denominated profits, as the short-term growth in Iran’s real estate market has not been sufficient to offset the depreciation of the rial. In contrast, the currency advantage in Turkey has worked in favor of investors, as the value of their property, when measured in foreign currencies, has increased significantly. This highlights the importance of considering both currency risks and property market growth when making investment decisions. While the long-term real estate growth in Iran might still present attractive returns, short-term factors like currency devaluation and the benefits of a stronger foreign currency (such as the dollar or euro) make Turkey a more favorable choice for many investors in recent years.
Turkish real estate market: opportunities and challenges
1. Advantages of buying property in Türkiye:
Turkey, with its stable economic growth and strategic geographic location, has become an attractive destination for foreign investors. In recent years, the real estate market in Turkey has experienced significant growth, thanks to government policies aimed at attracting foreign investment and incentives such as the opportunity to acquire Turkish citizenship through property purchase. These policies have not only boosted the property market but also made Turkey a more appealing option for investors looking for both profitable returns and the potential to gain citizenship. This growth has been particularly noticeable in cities like Istanbul, where demand for both residential and commercial properties has surged, creating opportunities for both short-term gains and long-term investments.
- Citizenship and Residency: One of the biggest advantages of purchasing property in Turkey is the opportunity to obtain Turkish citizenship or residency through real estate investment. This policy has made Turkey an attractive destination for foreign investors, as it not only offers the potential for financial returns but also provides a pathway to Turkish citizenship. By investing in property worth at least $400,000, investors and their families (including children under 18) can qualify for citizenship. Additionally, for those not seeking citizenship, purchasing property also grants the possibility of acquiring a residence permit, offering a secure living environment in a country with a growing economy, vibrant culture, and excellent geographical location. This combination of financial opportunity and residency benefits makes Turkey a highly appealing option for international investors.
- Dynamic Market: Cities like Istanbul, Ankara, and Izmir have vibrant and growing real estate markets. Investing in property in these cities can offer long-term profitability. Istanbul, as the economic and cultural hub of Turkey, attracts both local and international investors due to its rapid development, strategic location, and strong demand for housing. Ankara, the capital, has a steady market driven by governmental institutions and a growing population, while Izmir, with its coastal beauty and developing infrastructure, has become an increasingly popular choice for both residential and commercial investments. These cities provide opportunities for capital appreciation, rental income, and a solid return on investment over time.
- Variety in property types: From modern and luxury apartments to beach villas, Türkiye offers a variety of options for buyers.
2. Challenges of buying property in Türkiye:
- Currency fluctuations: The value of the Turkish lira against the US dollar fluctuates a lot, which can be a challenge for foreign investors.
- Laws and Regulations: The process of buying property for foreigners may be complicated and require legal advice and real estate experts.
Investing by buying property in Türkiye (year 2024)

The real estate investment sector in Turkey continues to benefit from the economic growth in various fields, particularly tourism. The ongoing development and construction of more properties to meet the growing demand from international visitors to Turkey remain strong. Turkey’s population is also increasing, which further drives the demand for housing and commercial properties.
Real estate prices in Turkey have steadily grown, with an annual average increase of around 40% in recent years. This consistent growth is a result of a strong economy, high foreign interest, and the country’s strategic position as a gateway between Europe, Asia, and the Middle East. As a result, the real estate market in Turkey offers significant opportunities for long-term investors seeking capital appreciation and stable returns.
This trend is likely to continue in the coming years, offering numerous opportunities for capital growth and value creation. Rental yields from residential units, especially in tourist areas, remain high, providing investors with a stable and sustainable source of income. Cities like Istanbul, Antalya, and other popular tourist destinations in Turkey are experiencing strong demand for short-term and long-term rentals, making them attractive options for those seeking passive income. As Turkey’s tourism industry continues to grow, the real estate sector, particularly in tourist-heavy regions, is expected to offer solid returns and further opportunities for property value appreciation.
Types of property investment in Türkiye
- Residential real estate: These are properties such as single-family villas or condominiums that can be rented out, operated for sale, or held to increase in value over time.
- Office Purchase: Renting to companies in high demand areas for sustainable income.
- Purchase of shops or stores: Leasing of shops and commercial activities in retail areas
What types of properties in Türkiye are suitable for investment?
For investing by buying a house in Istanbul and real estate in Türkiye, the following can be attractive:
Apartments and Residential Units: Purchasing apartments in Istanbul and residential units in densely populated cities like Istanbul, Antalya, and Bodrum generally offers good profitability. These cities are popular tourist destinations, and the demand for rental housing in these areas remains relatively high. Istanbul, as Turkey’s largest and most dynamic city, continues to see significant demand for both long-term and short-term rentals. Antalya and Bodrum, with their beautiful coastlines and popularity among international tourists, also offer excellent rental yields, particularly for vacation homes and seasonal rentals. Investing in residential properties in these high-demand areas not only provides steady rental income but also presents potential for property value appreciation as tourism and urban development continue to grow.
Villas and Holiday Homes: Purchasing a villa in Istanbul or a holiday home in coastal and tourist areas such as Alanya, Kusadasi, Fethiye, and Bodrum can be highly profitable during the tourist season. These areas are popular destinations for travelers, especially during the holiday seasons, and the demand for rental properties increases significantly during these times. Villas and holiday homes in these locations offer investors the opportunity to generate substantial rental income during peak tourism months.
Additionally, with Turkey’s growing popularity as a vacation destination, property values in these regions are likely to appreciate, making them a sound long-term investment choice. Investing in holiday homes can also provide owners with personal use of the property during off-peak seasons, adding further appeal to these types of investments.
Commercial properties: Purchasing commercial properties with administrative purposes in Istanbul, or stores, restaurants, hotels, or other commercial establishments in populous and tourist cities can be a lucrative investment. These types of properties have significant demand and provide stable and consistent income.
Land and construction projects: Investing in land acquisition and starting construction projects such as new apartments, villas, and residential complexes can yield high profitability and significant growth. Given the increasing population and the growing demand for housing in Turkey, construction projects hold great importance.
Iran’s real estate market: opportunities and challenges

1. Advantages of buying property in Iran:
Historically, Iran’s real estate market has always been one of the safe investment havens for Iranians.
- Relative stability of the housing market: Despite economic fluctuations and sanctions, the housing market in Iran has been more stable than other markets.
- More affordable properties: In some areas of Iran, properties are available at more affordable prices compared to Türkiye, which can be attractive to local investors.
- Taking advantage of development opportunities: some developing areas of Iran, especially in big cities, have good opportunities for investment in the real estate sector.
2. Challenges of buying property in Iran:
- Currency fluctuations and inflation: extreme fluctuations of Rial and high inflation have created serious challenges for domestic and foreign investors.
- Legal restrictions and sanctions: Some international sanctions and domestic laws can create restrictions for foreign investors.
- Lack of transparency in the market: Iran’s real estate market may face problems such as a lack of transparent information and reliable data.
Better investment: buying property in Türkiye or Iran?
The increase in the dollar’s value and the weakening of the rial are not limited to rising inflation; they also have profound effects on the manufacturing industry and the capital market. With the decline in the rial’s value, domestic producers may be forced to lower the quality of their products in order to stay competitive in international markets. This situation, combined with inflationary pressures and a decrease in people’s purchasing power, has created serious challenges for Iran’s economy.
In such circumstances, many investors are seeking better options to preserve the value of their assets, and one of these options is purchasing property abroad. Turkey, due to its favorable geographic location, supportive government policies, and the opportunity to obtain citizenship through investment, has become a popular destination for Iranian investors. Now, the question that arises is: Is it better to buy property in Iran or in Turkey?
Case study: comparison of investment in real estate in Iran and Türkiye
To better understand this comparison, let’s consider a practical example. Suppose a person purchased a property in Istanbul two years ago for $100,000. At that time, the exchange rate was around 25,000 Iranian rials to the dollar, so the person exchanged 2.5 billion rials to buy the property in Turkey. Simultaneously, another individual used the same amount of money to purchase property in Iran. Now, taking into account the depreciation of both the rial and the lira, as well as the current fluctuations in the dollar rate, we can compare these two investments economically.
1. Market growth rate
In recent years, the Turkish real estate market has experienced faster growth compared to the Iranian market. The reasons for this growth include the Turkish government’s supportive policies to attract foreign investment, the boom in tourism, and urban development programs. Turkey, by offering incentives such as citizenship through investment, has been able to attract a significant number of investors.
In contrast, Iran’s real estate market has faced more limitations due to economic challenges, sanctions, and severe currency fluctuations. Although the Iranian housing market is considered a safe haven for investment, its growth is heavily influenced by the country’s macroeconomic and political conditions.
2. Yield potential
One of the important factors in choosing between buying a property in Iran or Türkiye is the yield potential.
Turkey: The Turkish real estate market offers higher long-term return potential due to the attractiveness of tourism, population growth, and increased demand for housing. Additionally, the opportunity to obtain citizenship and residency in Turkey is a significant advantage for foreign investors. The country also boasts strong infrastructure and a diverse real estate market that can accommodate various types of investments.
In Iran, despite the relative increase in real estate prices, the potential for returns is lower due to severe currency fluctuations, high inflation, and unfavorable economic conditions. In fact, the Iranian real estate market is primarily seen as a safe haven for investment to preserve asset value, rather than for generating high returns.
3. Investment security
Investment security is another important factor in deciding to buy a property.
In Turkey, currency fluctuations and political changes can impact the real estate market. However, government policies aimed at attracting foreign investment, along with supportive laws regarding foreign ownership, have helped boost investor confidence. Additionally, Turkey enjoys relative political and economic stability compared to some of its neighbors.
In Iran, investment security is challenging due to unstable economic conditions, international sanctions, and legal restrictions. Severe fluctuations of the rial against the dollar and a lack of transparency in the real estate market are additional factors that can increase investment risk. However, for investors looking to preserve their assets against inflation, the Iranian real estate market remains a viable option.
Which people make more profit in buying property in Türkiye or Iran?

Buying property in Turkey or Iran can serve various purposes, including as a shelter or for preserving capital value. Individuals may wish to purchase a property with specific features in a particular area for personal use, even if the growth trend in that region is moderate. On the other hand, some may choose to buy property purely as an investment, focusing solely on preserving their wealth without getting involved in the complexities of currency policies.
For investors from other countries, purchasing property in Turkey with dollars can offer benefits such as obtaining Turkish citizenship and a passport, which may not be possible in other countries. These types of investments can lead to significant returns and increase the dollar value of these investments.
Exactly, when investment information is provided, it should take into account several general conditions, regardless of the specific location or time. In such cases, the information must be timely and comprehensive, enabling investors to make more informed decisions regarding their investments.
The first point is that when considering property price growth rates, one should not rely solely on data from a single year. It is necessary to examine long-term data and the historical trend of price growth to make better-informed decisions. This broader perspective allows for a more accurate understanding of the market’s behavior and potential future trends.
The second point is that in investment-related articles, information should be presented accurately and comprehensively, without being limited to buying or selling property in Turkey or Iran. This information should help individuals make better decisions not only regarding real estate investments but also concerning migration or other investment opportunities. A well-rounded analysis ensures that readers can evaluate all factors that might impact their choices, whether in terms of property markets, legal frameworks, or economic conditions.
In the discussion of buying property in Türkiye and Iran, the type of information required depends on the goals and needs of each person.
For some individuals, when buying property, they may not pay much attention to the broader details of their investment. For example, for these people, the location of the property or even the country may not matter; they are simply looking to create a home that suits their taste and fits within their budget. In contrast, for those who purchase property with the goal of investment, every aspect related to the investment and key factors such as market trends, location, legal considerations, and potential return on investment are crucial. These individuals are more focused on maximizing the financial benefits of their property purchase rather than just securing a personal shelter.
The decision between buying property in Turkey or Iran depends on various factors, including personal goals, economic conditions, property ownership laws and regulations, the state of the real estate market, and the specific needs of each individual. Below are some key factors that should be considered:
- Economic Conditions: The economic situation of each country and its exchange rate have a significant impact on property prices and values. For example, if the exchange rate in Iran or Turkey changes, it can directly affect property prices.
- **Property Ownership Laws:** The laws and regulations regarding property ownership vary from country to country and should be carefully examined. For example, in some countries, there are restrictions and limitations on property purchases by foreign nationals.
- The geographical and regional location of the property can have a direct impact on its price. Additionally, this location can affect the perceived added value of the property and its potential profitability.
- Personal needs: The personal needs and goals of each individual play an important role in the decision between buying property in Turkey or Iran. Some people may be looking to purchase property as an investment, while others may be seeking a suitable place to live.
Therefore, the decision between buying property in Turkey or Iran should be made carefully, taking all relevant factors into account. Conducting thorough research and consulting with real estate experts can help make a more informed and rational choice.
Guide to buying and investing by buying property in Türkiye and Iran

Buying and investing in real estate, whether in Turkey or Iran, can be a profitable option for investors. However, the final choice should be made based on the investor’s goals and circumstances. In this article, we will review the important and essential points for purchasing and investing in property in both countries, so you can make a more informed decision.
Detailed review of property documents
One of the first and most important steps in the property buying process is a thorough examination of the property’s documents. These documents include the title deed, registration papers, and any debts or financial encumbrances related to the property. In Turkey, buyers must ensure that all documents are up-to-date and valid to avoid potential legal and financial issues in the future.
Choosing the right location for investment
Another key factor in buying property in Turkey or Iran is selecting the right location or geographical area. A property located in an area with high growth potential, a dynamic and developing real estate market, will have greater added value. Therefore, it is crucial to explore different regions and choose one with a thriving and promising real estate market for the future.
Checking the credibility and history of the manufacturer
When purchasing property, especially in foreign markets like Turkey, it is crucial to examine the developer’s history and reputation. A reputable developer with a positive track record in previous projects can be an indication of high construction quality and adherence to necessary standards. To ensure the credibility of the developer, you can use methods such as reading customer reviews and feedback, visiting previous projects, and checking permits and legal documents.
Türkiye or Iran: which country is more suitable for investment?
Buying property in Türkiye or Iran can both be an investment option, but the final choice depends on the investor’s goals:
Turkey: For those looking for a high-return investment as well as the opportunity to obtain citizenship, Turkey can be a suitable option. The Turkish real estate market has experienced significant growth in recent years due to government incentive policies, increasing foreign demand, and the rise in tourism.
- Iran: On the other hand, Iran’s real estate market remains a notable option for investors looking to preserve their assets within the country. Despite the economic conditions and currency fluctuations, the Iranian property market continues to be seen as a safe haven for investment within the country.
Important point: Investment by buying property in Türkiye and immigration

Given the economic issues and mismanagement in Iran, these factors can significantly impact investments and investment decisions in the country. However, this does not mean that other countries are free of problems or that they are always the best options for investment.
However, some individuals, considering the conditions and opportunities available in other countries, may decide to make their investments there. This could be due to better economic conditions, more effective government policies, or more suitable investment opportunities.
Ultimately, proper management of an investment portfolio and choosing appropriate investment methods based on personal circumstances and goals can help preserve capital and enhance profitability. It seems that, if someone manages their investment portfolio well, Turkey may offer better capital preservation in 2024 compared to Iran.
Final word..
Ultimately, before making any investment in property in Turkey or Iran, conducting thorough research and consulting with financial experts and a legal advisor in Turkey is essential. This helps investors make the best decision by considering all aspects and circumstances and taking advantage of available opportunities. Turkey, with its greater opportunities for high returns and citizenship acquisition, can be a more attractive option for some investors, while Iran, as a safe market for preserving capital, still holds its own appeal.