More than 6,000 apartments sold in Turkey to foreigners in April 2022

Sales of apartments to foreigners in Turkey exceeded 6 thousand apartments in April of this year

More than 6,000 apartments sold in Turkey to foreigners in April 2022
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2022-05-17 Last update 2022-05-17

More than 6,000 apartments sold in Turkey to foreigners in April 2022

Apartment sales to foreigners in Turkey made progress in the percentage of sales in April at a rate of 58.1%, and growth during the first four months of this year by 49%, follow the details through Imtilak Real Estate company.

Residential sales to foreigners increased by 49% during the first four months

According to data issued by the Turkish Statistics Authority, the number of apartments sold to foreigners in April of this year reached 6,447 apartments, achieving an increase of 58.1%, compared to sales of the same month last year 2021, and recording the highest monthly sales for April during the last three years.

Sales of apartments to foreigners in Turkey

The percentage of foreign sales in March of this year reached 4.8% of the total general sales of apartments throughout Turkey.

As for the sales of apartments to foreigners in Turkey during the first four months of this year, it amounted to 20,791 apartments, achieving an increase of 48.9%, compared to sales of apartments in Turkey to foreigners, during the same period last year.

Istanbul tops the Turkish states that sell the most to foreigners

In the details of the data, the state of Istanbul ranked first among the Turkish states that sold apartments to foreigners, in April 2022, with the sale of 2,564 apartments, achieving progress of 14.2% over its sales to foreigners in March of this year.

Read also: Apartments For Sale In Istanbul

Antalya came in second place with the sale of 1,970 apartments, achieving progress of 37.3% over its sales in March of this year, and the Turkish capital, Ankara, came in third place with the sale of 333 apartments.

You may also like: Apartments For Sale In Antalya

The top ten ranks among the Turkish states that sold apartments to foreigners in April and the first four months of this year were as follows:

Rank

State

Sales of apartments to foreigners in April 2022

Sales of apartments to foreigners during the first four months

1

Istanbul

2,564 residential apartments

8,538 residential apartments

2

Antalya

1,970 residential apartments

5,417 residential apartments

3

Ankara

333 residential apartments

1,237 residential apartments

4

Mersin

299 residential apartments

963 residential apartments

5

Bursa

158 residential apartments

610 residential apartments

6

Yalova

167 residential apartments

559 residential apartments

7

Izmir

138 residential apartments

512 residential apartments

8

Samsun

130 residential apartments

485 residential apartments

9

Sakarya

133 residential apartments

464 residential apartments

10

Trabzon

61 residential apartments

304 residential apartments

 

Russians rank first among the top buyers of nationalities

Regarding the classification of foreign nationalities according to their purchases of apartments in Turkey, the Russians ranked first for the first time in years as one of the most foreign nationalities buying apartments in Turkey, in April 2022, with the purchase of 1,152 apartments.

The Russians came in second place, the Iranians, with the purchase of 905 apartments, and the Iraqis came in third place, with the purchase of 714 apartments. The purchase numbers of the 20 nationalities who purchased the most were as follows:

Rank

Foreign nationality

Foreign citizenship purchases of apartments in April 2022

1

Russians

1,152 residential apartments

2

Iranians

905 residential apartments

3

Iraqis

714 residential apartments

4

Kazakhs

311 residential apartments

5

Ukrainians

263 residential apartments

6

Afghan

247 residential apartments

7

Germans

221 residential apartments

8

Yemenis

164 residential apartments

9

Azerbaijanis

156 residential apartments

10

Palestinians

154 residential apartments

11

Pakistanis

138 residential apartments

12

Egyptians

117 residential apartments

13

British

116 residential apartments

14

Jordanians

111 residential apartments

15

Americans

109 residential apartments

16

Chinese

105 residential apartments

17

Kuwaitis

104 residential apartments

18

Lebanese

92 residential apartments

19

Sudanese

77 residential apartments

20

Canadians

74 residential apartments

Edited by Imtilak Real Estate ©

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