What nationalities buy real estate the most in Turkey?

The demand for buying real estate by foreign investors in Turkey is increasing, where the demand by some nationalities has increased remarkably. The statistics show how much the Turkish real estate market has recovered.

8,313
2019-04-26 Last update 2020-10-21

What nationalities buy real estate the most in Turkey?

The demand for buying real estate in Turkey is getting more of the foreign investors' interest, because of what the Turkish state is providing of advantages that encourage the investors to invest in the Turkish real estate market.

The intense increase in demand by the foreign investors on this important sector is noticeable, here we will review these important official statistics in numbers.

Buying a property in Turkey

The Nationalities that buy real estate the most in Turkey

The Turkish Statistical Institute released its studies and statistics regarding the first quarter of 2019, the released statistics about the real estate market and the total sales revealed the following:

The nationalities that bought real estate the most in Turkey along with the number of properties sold per nationality between January and March of this year were as follows:

Nationality

Number of sold properties

Iranians

946 Properties

Iraqis

781 Properties

Russians

587 Properties

Afghanis

570 Properties

Saudis

440 Properties

 

The number of people from some foreign nationalities wishing to buy apartments in Turkey has doubled greatly, for example, the number of Turkish properties purchased by the Algerian nationality holders in March has increased by 446 %; compared to the same month of last year, preceded by the Palestinian nationality holders by 457 % increase.

As for the number of real estate sales according to the Turkish cities, they were as follows:

The City

The total of its real estate sales to foreigners

Izmir

134

Trabzon

196

Mersin

210

Sakarya

319

Yalova

410

Ankara

551

Antalya

1,889

Istanbul

4,321

the real estate market in Turkey

Real estate sales in Istanbul in March

According to the same statistics, the real estate sales throughout Istanbul (for citizens and foreigners) in March of this year were 19 thousand 140 properties, and the Esenyurt region was the best-selling of real estate in this period.

Here is a list showing the number of properties sold in the most important regions of Istanbul city for March 2019:

Region Name

Number of Properties Sold in March 2019

 

Beykoz

22

 

Beşiktaş

168

 

Bayrampaşa

176

 

Güngören

176

 

Beyoğlu

211

 

Esenler

260

 

Bakırköy

262

 

Sultanbeyli

276

 

Arnavutköy

290

 

Sarıyer

301

 

Fatih

307

 

Bağcılar

355

 

Zeytinburnu

376

 

Eyüp

378

 

Üsküdar

380

 

Gaziosmanpaşa

401

 

Küçükçekmece

401

 

Silivri

410

 

Sultangazi

418

 

Çekmeköy

431

 

Büyükçekmece

434

 

Şişli

453

 

Bahçelievler

501

 

Ataşehir

509

 

Tuzla

539

 

Kağıthane

547

 

Avcılar

604

 

Maltepe

624

 

Ümraniye

705

 

Kartal

752

 

Beylikdüzü

892

 

Başakşehir

912

 

Kadıköy

917

 

Pendik

1,064

 

Sancaktepe

1,201

 

Esenyurt

2,399

buying a property

These statistics show the current situation of the real estate market and how much it has recovered and how vital it is, also, the increased real estate movement shows the impact of the taken decisions in increasing the desire to buy real estate in Turkey by foreign investors.

where the nationality law amendments and granting it to the real estate owners and investors; have helped in making the Turkish real estate market stronger and increased the demand on it. The real estate market is expected to witness increased development in the coming period.

Edited by: Imtilak Real Estate©

Source: Emlak Kulisi + Emlak Kulisi.

Did you like our topic? You can share it with your friends now!

More from Imtilak
Apartment sales in Turkey achieve promising figures

According to the statistics issued by the Turkish Statistics Institute, the sales of apartments in Turkey have achieved...

2020-07-14
1,783
Electronic title deed system takes third real estate sales in Turkey

According to information published by the General Directorate of Land Registry and Real Estate Survey in Turkey, the ele...

2020-07-09
1,562
Privacy Policy

We use cookies to offer you the best possible user experience, learn more about how to use them