Turkey: More than 28,000 residential apartments sold during the first 9 months of 2023

2026-04-13

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Turkey: More than 28,000 residential apartments sold during the first 9 months of 2023

Foreign sales of residential apartments in Turkey saw remarkable growth in September 2023, as sales of residential apartments to foreigners in Turkey exceeded 28,000 units during the first nine months of this year, according to statistics issued by the Turkish Statistical Institute. Follow the details of this news via Imtilak Real Estate.

Turkey sells 2,930 residential apartments to foreigners in the ninth month of 2023

According to data issued by the Turkish Statistical Institute, the number of residential apartments sold to foreigners during the ninth month of this year reached 2,930 units. The percentage of foreign sales during September 2023 was 2.9% of the total general sales of residential apartments in Turkey. As for sales of residential apartments to foreigners in Turkey during the first nine months of this year, they reached 28,064 units.

Antalya tops the Turkish provinces in sales to foreigners

In detail, Antalya ranked first among Turkish provinces in terms of residential apartment sales to foreigners during September 2023, with 1,007 apartments sold. Istanbul came in second place with 978 apartments sold, and Mersin ranked third with 211 apartments sold.

The sales figures in the ten provinces with the highest sales to foreigners during September and the first eight months of this year were as follows:

Foreign sales during the first nine months of 2023
Foreign sales during September
Province
Number
10,372 residential apartments
1,007 residential apartments
Antalya
1
8,965 residential apartments
978 residential apartments
Istanbul
2
2,176 residential apartments
211 residential apartments
Mersin
3
797 residential apartments
99 residential apartments
Yalova
4
797 residential apartments
92 residential apartments
Bursa
5
867 residential apartments
77 residential apartments
Ankara
6
432 residential apartments
64 residential apartments
Sakarya
7
598 residential apartments
58 residential apartments
Izmir
8
487 residential apartments
51 residential apartments
Mugla
9
415 residential apartments
46 residential apartments
Trabzon
10

Russians top the list of nationalities buying the most

Regarding the classification of foreign nationalities according to their purchases of residential apartments in Turkey, Russians ranked first as the top foreign nationality buying residential apartments in Turkey during September 2023, with 722 apartments purchased. They were followed by Iranians in second place with 327 apartments, and Iraqis in third place with 191 apartments. The purchase figures for the top twenty nationalities were as follows:

Number
Foreign nationality
Purchases of residential apartments by nationality
September 2023
1
Russians
722 residential apartments
2
Iranians
327 residential apartments
3
Iraqis
191 residential apartments
4
Germans
148 residential apartments
5
Ukrainians
122 residential apartments
6
Kazakhstani
121 residential apartments
7
Azerbaijanis
98 residential apartments
8
Kuwaitis
96 residential apartments
9
Chinese
70 residential apartments
10
Afghans
62 residential apartments
11
Americans
60 residential apartments
12
Egyptians
59 residential apartments
13
Saudis
56 residential apartments
14
British
53 residential apartments
15
Qataris
40 residential apartments
16
Yemenis
38 residential apartments
17
Sudanese
37 residential apartments
18
Pakistanis
36 residential apartments
19
Palestinians
35 residential apartments
20
Canadians
34 residential apartments

Edited by: Imtilak Real Estate©

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