What nationalities buy real estate the most in Turkey?

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.

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:

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:

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:

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.

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