Turkey | More than 3,000 apartments sold to foreigners in March 2023

2026-04-13

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Turkey | More than 3,000 apartments sold to foreigners in March 2023

Some real estate sources stated that sales of residential apartments to foreigners in Turkey made remarkable progress during March of this year, after the number of apartments sold reached more than 3,000 across all Turkish provinces. You can find the rest of the details in the following news from Imtilak Real Estate:

Apartment sales to foreigners increase by 2% in the third month

According to data issued by the Turkish Statistical Institute, the number of residential apartments sold to foreigners during the third month of this year reached 3,415 apartments, achieving an increase of 1.94% compared to sales in the second month of this year.

The percentage of sales of residential apartments to foreigners in Turkey during March of this year amounted to 3.2% of the total general sales of residential apartments across Turkey. As for real estate sales in Turkey to foreigners during the first three months of this year, they amounted to 10,926 residential apartments.

Antalya tops the Turkish provinces in apartment sales to foreigners

According to the data, Antalya ranked first among Turkish provinces in terms of the highest number of residential apartments sold to foreigners during March 2023, with 1,324 apartments sold.


Istanbul ranked second with 1,090 apartments sold, while Mersin ranked third with 240 apartments sold.

The sales figures in the ten provinces with the highest sales to foreigners during March and the first three months of this year were as follows:

Foreign sales during the first 3 months of 2023
Apartment sales to foreigners during March 2023
Province
Number
4,177 residential apartments
1,324 residential apartments
Antalya
1
3,603 residential apartments
1,090 residential apartments
Istanbul
2
796 residential apartments
240 residential apartments
Mersin
3
334 residential apartments
101 residential apartments
Ankara
4
253 residential apartments
92 residential apartments
Izmir
5
268 residential apartments
85 residential apartments
Yalova
6
320 residential apartments
83 residential apartments
Bursa
7
194 residential apartments
73 residential apartments
Mugla
8
164 residential apartments
49 residential apartments
Kocaeli
9
137 residential apartments
42 residential apartments
Trabzon
10

Russians top the list of nationalities buying the most

Regarding the ranking of foreign nationalities according to their purchases of residential apartments in Turkey, Russians ranked first as the foreign nationality that bought the most residential apartments in Turkey during March 2023, with 1,175 apartments purchased.

They were followed by Iranians in second place with 472 apartments purchased, and Iraqis in third place with 165 apartments purchased. The purchase figures for the top 20 nationalities were as follows:

Number
Foreign nationality
Purchases of residential apartments by nationality
March 2023
1
Russians
1,175 residential apartments
2
Iranians
472 residential apartments
3
Iraqis
165 residential apartments
4
Ukrainians
160 residential apartments
5
Kazakhs
121 residential apartments
6
Germans
112 residential apartments
7
Kuwaitis
81 residential apartments
8
Saudis
73 residential apartments
9
Azerbaijanis
69 residential apartments
10
British
65 residential apartments
11
Americans
62 residential apartments
12
Chinese
56 residential apartments
13
Afghans
51 residential apartments
14
Pakistanis
45 residential apartments
15
Egyptians
41 residential apartments
16
Canadians
37 residential apartments
17
Palestinians
36 residential apartments
18
Lebanese
33 residential apartments
19
Jordanians
33 residential apartments
20
Dutch
31 residential apartments

Edited by: Imtilak Real Estate©