The Central Bank of the Republic of Türkiye put its residential property price index at 234.8 for July 2026 — 1.5% above June and 25% above July 2025. Adjusted for inflation the same index is down 5.1% over the year. The lira price of a flat keeps climbing at around one and a half percent a month while its value in hard currency drifts lower. For a buyer settling in euros both halves of that sentence are useful, and an unfinished building is where they combine. What a real decline means for a euro buyer The nominal 25% is a lira number and describes the currency, not the asset. The real figure of minus 5.

TÜİK registered 127,410 home sales across Türkiye in August 2026. The number splits in a way that matters to anyone choosing between a finished flat and an unfinished one. First-hand sales, straight from developers, fell 4.5% year on year to 44,378. Second-hand sales dropped 19.4% to 83,032. The new-build segment lost roughly a quarter of the ground the resale market lost, and the reason is not sentiment — it is the price of money. A gap of four times over The two segments compete for the same buyer but offer different financing. A resale is paid in full at the deed, or funded by a bank charging 2.

In the third week of September 2026 the cheapest housing loan on the Turkish market was quoted at 2.89% a month, at Ziraat Bankası, with the market average closer to 3.68%. Compounded over twelve months, even the cheapest of those rates comes to about 41% a year, and the loan is issued in lira. Against that background the payment schedule a developer offers on an unfinished building stops being a marketing line and becomes the actual financing of the deal: at Yekta Homes the balance is split into 24 or 36 interest-free instalments. What 2.89% a month really means Quoting by the month hides the size of the figure.