Significant Increase in Residential Sales to Foreigners in Turkey

Sales of residential units in Turkey have increased significantly to foreigners, which increased to 46.7% for the month of July 2019, compared with the same period last year 2018

2,395
2019-08-21 Last update 2020-04-07

Significant Increase in Residential Sales to Foreigners in Turkey

Sales of residential units to foreigners in Turkey have increased significantly, a 46.7% increase for the month of July 2019, compared with the same period last year 2018.

The number of residential units sold in July of this year reached 4,192 sold to citizens of foreign countries.

Residential sales in Turkey: Iraqis keep the lead

In view of the statistics published by the Turkish Statistical Organization on the sales of residential units in Turkey to foreigners, we find that Iraqis still maintain the first rank among the citizens of foreign countries who purchased residential units from Turkey and the ranking of these countries as in the following table: 

 

Foreign Country

Number of residential units sold to the country's citizens

Percentage of the total number

1

Iraq

734

17.5%

2

Iran

464

11.07%

3

Kuwait

219

5.23%

4

Saudi Arabia

218

5.20%

5

Russia

215

5.13%

6

Afghanistan

163

3.88%

7

Germany

158

3.76%

8

Yemen

140

3.33%

9

Jordan

139

3.31%

10

England

124

2.95%

11

Palestine

109

2.6%

12

Egypt

107

2.55%

13

Libya

96

2.29%

14

Sweden

92

2.19%

15

Azerbaijan

92

2.19%

16

Lebanon

69

1.64%

17

United State

64

1.52%

18

Ukraine

60

1.43%

19

Other countries

837

19.97%

Residential sales in Turkey: Istanbul maintains the top position

Considering the sales of residential units in Turkey, Istanbul continues to keep its leading position among the Turkish states with the highest number of sales of residential units to foreigners by 1903 units sold.
 
Residential units in Turkey
Antalya, Bursa, Ankara, Yalova, Sakarya, and Trabzon comes after Istanbul as shown in the following table:

 

Foreign Country

Number of residential units sold to the country's citizens

Percentage of the total number

1

Istanbul

1903

% 45.40

2

Antalya

764

%18.23

3

Ankara

249

%  5.94

4

Bursa

217

% 5.18

5

Yalova

117

%  2.79

6

Sakarya

109

% 2.60

7

Trabzon

109

% 2.60

8

Samson

97

% 2.31

9

Aydin

78

% 1.86

10

Izmir

78

% 1.86

Edited by: Imtilak Real Estate ©

Source: Emlak kulasi

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