In recent months, Turkey has witnessed a significant decline in the number of rental properties available in the market. This trend is raising eyebrows among both local residents and real estate investors who are considering buying property in Istanbul or exploring real estate investment opportunities in Turkey. Industry experts point to increasing legal and financial tensions between landlords and tenants as the primary cause. Issues surrounding rent increases, delayed payments, and eviction complications have made renting less attractive and riskier for many property owners. As rental disputes rise, more landlords are opting for selling their properties rather than going through exhausting court cases. These legal battles, especially those involving eviction, often drag on for months and tend to result in decisions favoring tenants. Faced with these challenges, landlords are choosing to liquidate assets quickly through property sales, particularly in sought-after areas like Maslak, rather than deal with tenant-related risks. According to real estate professionals, the solution lies in reforming the rental laws. A faster, more balanced legal framework is urgently needed—one that protects both parties equally and restores landlords’ trust in the rental market.
Why Are Turkish Landlords Selling Instead of Renting? A Growing Real Estate Shift
