In February 2022 | Foreign sales account for 25% of Antalya real estate sales

The index of foreign investors shifted from Istanbul to Antalya, Turkey, where real estate statistics indicate that one apartment out of every 4 apartments is sold to foreigners. Thus, real estate sales in Antalya to foreigners amounted to 1099 apartments in February of the current year 2022.

Foreign investors account for a quarter of the apartments sold in Antalya in February

The capital of Turkish tourism, Antalya, is one of the most popular real estate investment destinations for foreign investors, as Antalya ranks second in apartment sales to foreigners after Istanbul.

Official statistics indicate that apartment sales to foreigners in Antalya have witnessed a steady increase over the past years, and sales culminated in an unprecedented record in the past year 2021.

Antalya begins its new year with record numbers in foreign sales

According to the statistical data issued by the Turkish Statistical Agency (Tüik), the sales of apartments to foreigners in Antalya reached 1,099 apartments in February of this year, achieving the highest number of sales for foreigners in February during the past five years, and a record increase of 106.2% compared to sales of the same month last year 2021.

Also, the percentage of sales of apartments to foreigners in Antalya during February reached approximately 24% of its general sales of apartments during the same month, and this means that every four apartments sold by Antalya to foreigners were one of them.

As for the sales of apartments to foreigners during January and February of this year, the sales of apartments to foreigners in Antalya during the mentioned period amounted to 2013 apartments, achieving a record increase of 102.3%, compared to sales of apartments to foreigners during the same period last year 2021.

Antalya's high turnout by foreign investors

Commenting on the sales figures, Mr. Davut Çetin, President of the Antalya Chamber of Commerce and Industry, said: “The sales of apartments to foreigners in Antalya witnessed record numbers in February this year, with an increase of 106.2% over the sales of the same month last year. Therefore, the general percentage of the increase in foreign sales throughout Turkey during the same period”.

He continued, "The percentage of foreign sales in Antalya's general sales was also higher than the proportion of foreign sales in all of Turkey, and this reflects a great demand for investment in Antalya real estate by foreign investors."

Kepez ranked first, followed by Alanya and Muratpaşa

On the other hand, Mr. Çetin referred to the classification of Antalya regions according to sales of apartments during February of this year, saying:

"The first place in February sales was taken by the Kepez region with 25.9% of the average sales, followed by Alanya with 24.6%, and Muratpaşa in third place with 17.5% of the overall sales rate."

"The highest annual increase in apartment sales in February of this year was achieved by Alanya, with an annual increase of 46.03%, surpassing all regions of Antalya," added Çetin.

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Edited by Imtilak Real Estate ©

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