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

2022-04-06

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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.

Real estate in 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.

 apartments in Turkey

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

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Sales of apartments to foreigners in February of 2022

 

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1,958 residential apartments

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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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