On a monthly basis, February 2022, the highest sales for foreigners in 3 years

According to statistics issued by the Turkish Statistics Authority, real estate sales in Turkey to foreigners have achieved significant growth, with the number of apartments sold to foreigners during February of this year more than 4,500 apartments.

Residential apartments sales to foreigners increased by 54.9% during February 2022

According to data issued by the Turkish Statistics Authority, the number of apartments sold to foreigners during February of this year reached 4,591 apartments, achieving an increase of 54.9%, compared to sales of the same month last year 2021.

The percentage of foreign sales during February of this year reached 4.7% of the total general sales of apartments throughout Turkey.

Istanbul tops the Turkish states in foreign sales

In the details of the data, the state of Istanbul ranked first among the Turkish states that sold apartments to foreigners, during February of 2022 with the sale of 1,958 apartments, achieving progress of 10.55%, over its sales to foreigners during January of this year.

Antalya ranked second with 1,099 apartments sold, an increase of 20.24% over its sales during January this year.

The Turkish capital, Ankara, comes in third place with the sale of 288 apartments, achieving a 7% increase over its sales during January of this year.

The top ten ranks among the Turkish states that sold apartments to foreigners during February of this year were as follows:

Rank	State	Sales of apartments to foreigners in February of 2022
1	Istanbul	1,958 residential apartments
2	Antalya	1,099 residential apartments
3	Ankara	288 residential apartments
4	Mersin	216 residential apartments
5	Bursa	161 residential apartments
6	Yalova	116 residential apartments
7	Samsun	116 residential apartments
8	Izmir	100 residential apartments
9	Sakarya	89 residential apartments
10	Trabzon	87 residential apartments

Iranians top foreign nationalities in buying real estate

With regard to the classification of foreign nationalities according to their purchases of residential apartments in Turkey, Iranians ranked first as the most foreign nationalities buying apartments in Turkey, during February 2022 with the purchase of 711 apartments.

The Iraqis came in second with the purchase of 633 apartments, and the Russians came in third place with the purchase of 509 apartments, and the purchase numbers of the 20 nationalities who purchased the most were as follows:

Rank	Foreign nationality	Purchases of foreign citizenship from apartments in February of 2022
1	Iranian	711 residential apartments
2	Iraqi	633 residential apartments
3	Russian	509 residential apartments
4	Kazakh	197 residential apartments
5	German	169 residential apartments
6	Kuwaiti	144 residential apartments
7	Afghan	141 residential apartments
8	Yemeni	141 residential apartments
9	Jordanian	117 residential apartments
10	Palestinian	113 residential apartments
11	Ukrainian	111 residential apartments
12	American	101 residential apartments
13	Pakistani	101 residential apartments
14	English	100 residential apartments
15	Azerbaijani	93 residential apartments
16	Lebanese	73 residential apartments
17	Egyptian	64 residential apartments
18	Algerian	58 residential apartments
19	Canadian	58 residential apartments
20	Swedes	54 residential apartments

Edited by Imtilak Real Estate ©

Reference: TÜİK

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