Record numbers of apartment sales to foreigners in Turkey during 2021

2021-10-28

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Record numbers of apartment sales to foreigners in Turkey during 2021

Sales of apartments to foreigners in Turkey amounted to more than 20,000 during the first half of 2021, while sales of apartments to foreigners in Turkey during the month of June alone made progress of 185.3%.

Record sales to foreigners in the first half of 2021

According to data issued by the Turkish Statistics Authority (TÜİK), foreigners’ sales of apartments in Turkey in general during the first six months of this year amounted to 20,488 apartments, achieving an increase of 43.7%, compared to sales for the same period last year 2020.

In June, sales of foreigners achieved an increase of 185.3%, with 4,748 apartments sold.

Istanbul leads as the best real estate destination for foreigners

In the context of the same statistics, Istanbul ranked first among the Turkish states that sold apartments to foreigners, during the first six months of this year.

Antalya ranks second in sales of apartments

Turkey's tourism capital, Antalya, ranked second as Turkey's second most-selling apartments for foreigners, during the first six months of this year.

The sales of apartments in Antalya during the mentioned period amounted to 3,990 apartments, and Antalya has achieved the progress of this sale by 47.3% compared to sales of apartments to foreigners in the same period last year.

مشاريع باطلالة بحرية في اسطنبول انجليزي مشاريع باطلالة بحرية في اسطنبول انجليزي

The Turkish capital, Ankara, comes in third place in sales

The Turkish capital, Ankara has the third place in apartment sales to foreigners, during the first half of this year, where the number of apartment sales to foreigners during the mentioned period amounted to 1,276 apartments, achieving an increase of 32.4%, compared to sales for the same period of the last year.

The top ten ranks among the Turkish states that sold apartments during the first six months of this year were as follows:

Rank
State
Sales of apartments to foreigners in the first half of the year 2020
Sales of apartments to foreigners in the first half of 2021
Percentage of increase
1
Istanbul
6.902
10.108
46.4 %
2
Antalya
2.708
3.990
47.3 %
3
Ankara
964
1.276
32.4 %
4
Mersin
379
951
150.9 %
5
Yalova
432
584
35.2 %
6
Bursa
449
525
16.9 %
7
Sakarya
282
391
38.7 %
8
Samsun
325
336
3.4 %
9
Trabzon
151
246
62.9 %
10
Kocaeli
130
247
90 %

Iranians are at the forefront of foreign nationalities

In the classification of foreigners' purchases of apartments during the first six months of this year according to foreign nationalities, Iranians ranked first among the most foreign nationalities buying apartments in Turkey, as the value of Iranian purchases during the mentioned period was estimated at 3,070 apartments.

Followed by Iraqis, whose purchases during the first six months of this year amounted to 3,019 apartments, and the Russians ranked third among the most foreign nationalities buying apartments in Turkey, with the purchase of 1,759 apartments, during the first six months from this year.

Sales of apartments to foreigners in Turkey

The purchase numbers of the 20 nationalities who made the most purchases of apartments during the first half of this year were as follows:

Number
Foreign nationality
Apartment purchases in the first half of the year 2020
Apartment purchases in the first half of the year 2021
Percentage of increase
resulting
 
1
Iranians
2.628
3.070
16,8 %
2
Iraqis
2.359
3.019
28,0 %
3
Russians
927
1.759
89,8 %
4
Afghan
806
1.277
58,4 %
5
Kazakhs
296
787
165,9 %
6
Germans
409
726
77,5 %
7
Yemenis
474
597
25,9 %
8
Azerbaijanis
431
593
37,6 %
9
Americans
157
545
247,1 %
10
Philistines
379
534
40,9 %
11
Ukrainians
273
485
77,7%
12
Egyptians
297
464
56,2 %
13
Jordanians
430
436
1,4 %
14
Pakistanis
174
434
149,4 %
15
Kuwaitis
297
420
41,4 %
16
Chinese
415
391
-5,8 %
17
Lebanese
221
372
68,3 %
18
English
270
370
37,0 %
19
Swedes
161
294
82,6 %
20
Canadians
79
228
188,6 %

View all

View all

 

Edited by Imtilak Real Estate©

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Reference: Emlak Kulesi + TÜİK

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