Apartment sales to foreigners in Turkey increased by 32.5%!

According to data released by the Turkish Statistical Institute, the number of residential apartments sold to foreigners during the month of September 2022 reached 5,049 units.

The percentage of sales to foreigners during the ninth month of this year 2022 was 4.5% of the total residential apartment sales across Turkey!

The total number of residential apartments sold to foreigners during the first nine months of this year 2022 reached 49,644 units, achieving an increase of 32.5% compared to the sales of apartments to foreigners during the same period last year 2021.

Istanbul is the Turkish province with the highest sales to foreigners:

In the details of the aforementioned data, Istanbul ranked first among Turkish provinces in terms of the number of apartments sold to foreigners during September 2022, with 1,795 residential apartments sold.

Antalya came in second place with 1,585 residential apartments sold, while Mersin ranked third with 335 apartments sold.

The figures for apartment sales to foreigners in Turkey during the first nine months of 2022 according to the provinces with the highest sales to foreigners were as follows:

Russians top the list of nationalities with the most purchases:

Regarding the ranking of foreign nationalities by their purchases of apartments in Turkey, Russians ranked first as the foreign nationality that bought the most residential apartments in Turkey during September 2022, with 1,196 apartments purchased.

Iranians came in second place with 592 apartments purchased, while Iraqis ranked third with 433 apartments purchased. The figures for the top twenty nationalities purchasing apartments in Turkey were as follows:

Edited by: Imtilak Real Estate©

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