Foreigners’ apartments sales in Turkey increased by 106%

Learn in detail about the nationalities who buy apartments in Turkey during May 2021, according to the Turkish Statistics Authority (TÜİK).

Foreigners’ apartments sales in Turkey increased by 106%
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2021-06-17 Last update 2022-01-02

Foreigners’ apartments sales in Turkey increased by 106%

Apartment sales to foreigners in Turkey during May of this year amounted to 1,776 apartments. Therefore, an increase of 106.5% was recorded compared to foreign sales in the same month last year.

The top five ranks:

In the details of sales figures issued by the Turkish Statistics Authority, Istanbul ranked first among the Turkish states with 818 apartments.

Antalya came in second place with the sale of 341 apartments, while Ankara ranked third with the sale of 106 apartments.

The first five ranks in apartment sales to foreigners in Turkey during May 2021 were as follows:

Rank

Province

Number of apartments sold to foreigners during May 2021

 

Percentage of foreign sales in Turkey during May 2021

1

Istanbul

818 residential apartments

46%

2

Antalya

341 residential apartments

19%

3

Ankara

106 residential apartments

6%

4

Mersin

80 residential apartments

4.5%

5

Sakarya

75 residential apartments

4.3%

General recovery:

The sales of apartments to foreigners in Turkey during the first five months of this year amounted to 15,740 apartments. Thus, an increase in apartment sales to foreigners in Turkey was achieved by 24.9% compared to sales for the same period last year.

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The Iraqis are at the fore

In the classification of apartment sales to foreigners according to foreign nationalities, Iraqis ranked first among the most foreign nationalities in buying apartments in Turkey during May 2021.

Iraqis bought 239 apartments, and then the Iranians came in second place with the purchase of 231 apartments.

real estate in turkey

While the Russians ranked third with the purchase of 119 apartments, while the twenty nationalities were the most buying apartments in Turkey during May 2021 as follows:

Rank

Foreign nationality

The number of apartments purchased during May 2021

 

1

Iraqis

239 residential apartments

2

Iranians

231 residential apartments

3

Russians

119 residential apartments

4

Afghan

98 residential apartments

5

Germans

87 residential apartments

6

Kazakhs

80 residential apartments

7

Yemenis

63 residential apartments

8

Americans

54 residential apartments

9

Azerbaijanis

47 residential apartments

10

Lebanese

44 residential apartments

11

Ukrainians

44 residential apartments

12

Kuwaitis

43 residential apartments

13

Pakistanis

42 residential apartments

14

Saudis

38 residential apartments

15

Philistines

37 residential apartments

16

Egyptians

37 residential apartments

17

English

36 residential apartments

18

Jordanians

36 residential apartments

19

Algerians

26 residential apartments

20

Swedes

26 residential apartments

Edited by Imtilak Real Estate ©

Reference: SÖZCÜemlakgundemi.com.tr

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