More than 3,000 apartments sold to foreigners during the eighth month of 2023
2026-04-13
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Official authorities in Turkey announced an increase in the percentage of apartment sales to foreigners in Turkey during August of this year. The number of apartments sold to foreigners exceeded 3,000 across Turkey during this period. Follow the details with us through Imtilak Real Estate:
Apartment sales to foreigners achieve a 9% increase in the eighth month of 2023
According to data released by the Turkish Statistical Institute, the number of apartments sold to foreigners during the eighth month of this year reached 3,058 apartments, achieving an increase of 9.175% compared to apartment sales to foreigners in Turkey during the seventh month of this year.
The percentage of sales to foreigners during August of this year accounted for 2.5% of the total apartment sales in Turkey overall. As for sales to foreigners during the first eight months of this year, they reached 25,134 apartments.
Istanbul leads the Turkish provinces in apartment sales to foreigners
According to the data, Istanbul ranked first among Turkish provinces in apartment sales to foreigners during August 2023, with 1,066 apartments sold. Antalya ranked second with 919 apartments sold, and Mersin ranked third with 248 apartments sold.
The sales figures in the ten provinces with the highest sales to foreigners during August and the first eight months of this year were as follows:
|
Apartment sales during the first eight months of 2023
|
Apartment sales during
August 2023
|
Province
|
Number
|
|
7987 apartments
|
1066 apartments
|
Istanbul
|
1
|
|
9365 apartments
|
919 apartments
|
Antalya
|
2
|
|
1965 apartments
|
248 apartments
|
Mersin
|
3
|
|
698 apartments
|
109 apartments
|
Yalova
|
4
|
|
705 apartments
|
104 apartments
|
Bursa
|
5
|
|
790 apartments
|
94 apartments
|
Ankara
|
6
|
|
368 apartments
|
79 apartments
|
Sakarya
|
7
|
|
436 apartments
|
58 apartments
|
Mugla
|
8
|
|
369 apartments
|
56 apartments
|
Trabzon
|
9
|
|
540 apartments
|
55 apartments
|
Izmir
|
10
|
Russians top the list of nationalities buying the most
Regarding the ranking of foreign nationalities by their purchases of apartments in Turkey, Russians ranked first as the top foreign nationality buying apartments in Turkey during August 2023, with 733 apartments purchased. Iranians ranked second with 342 apartments, and Iraqis ranked third with 220 apartments. The purchase figures for the top twenty nationalities were as follows:
|
Number
|
Foreign Nationality
|
Purchases of apartments by nationality
August 2023 |
|
1
|
Russians
|
733 apartments
|
|
2
|
Iranians
|
342 apartments
|
|
3
|
Iraqis
|
220 apartments
|
|
4
|
Kazakhs
|
141 apartments
|
|
5
|
Ukrainians
|
135 apartments
|
|
6
|
Kuwaitis
|
121 apartments
|
|
7
|
Germans
|
103 apartments
|
|
8
|
Saudis
|
90 apartments
|
|
9
|
Azerbaijanis
|
75 apartments
|
|
10
|
Americans
|
67 apartments
|
|
11
|
British
|
67 apartments
|
|
12
|
Afghans
|
61 apartments
|
|
13
|
Jordanians
|
51 apartments
|
|
14
|
Chinese
|
50 apartments
|
|
15
|
Pakistanis
|
46 apartments
|
|
16
|
Egyptians
|
38 apartments
|
|
17
|
Palestinians
|
37 apartments
|
|
18
|
Lebanese
|
37 apartments
|
|
19
|
Uzbeks
|
36 apartments
|
|
20
|
Swedes
|
34 apartments
|
Edited by: Imtilak Real Estate©
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