Various factors influenced the state of the real estate market and investment climate in Türkiye in 2023, making it a rich yet challenging year.  On one hand, economic and currency depreciation, an escalating inflation, a record budget deficit, earthquakes, presidential elections, new laws in tourism and migration, and a decline in foreigners obtaining residence permits. On the other hand, the centennial celebration of the republic, the conclusion of the Treaty of Lausanne, a significant increase in oil and gas extraction, a shift in economic strategy towards