Turkish Statistical Institute: More than 35,000 apartments sold to foreigners in 2023

The Turkish Statistical Institute has announced the annual statistics for foreign sales of residential apartments in Turkey during 2023. Follow the details via Imtilak Real Estate.

Foreign sales of Turkish real estate reached more than 35,000 residential apartments during 2023

According to data released by the Turkish Statistical Institute, foreigners purchased 2,064 residential apartments in December 2023.

The percentage of foreign sales during December was 1.5% of the total general sales of residential apartments across Turkey.

As for foreign sales of residential apartments in Turkey during 2023, they amounted to 35,005 apartments, representing 2.9% of the total residential apartment sales across Turkey during the past year.

Antalya topped the annual sales to foreigners

In the details of the data, Istanbul ranked first among Turkish provinces in terms of the most residential apartments sold to foreigners during the last month of 2023, with 796 apartments sold.

Antalya ranked second with 609 apartments sold, and Mersin ranked third with 230 apartments sold.

In the annual sales, Antalya ranked first among Turkish provinces in terms of the most residential apartments sold to foreigners, with 12,702 apartments sold, followed by Istanbul in second place with annual sales of 11,299 apartments, and Mersin in third place with 3,016 apartments sold during 2023.

The sales figures in the ten provinces with the highest sales to foreigners during the past year and its last month were as follows:

Russians top the list of nationalities purchasing the most apartments during 2023

Regarding the classification of foreign nationalities according to their purchases of residential apartments in Turkey, Russians ranked first as the top foreign nationality buying residential apartments in Turkey during the last month of 2023, with 527 apartments purchased. They were followed by Iranians in second place with 205 apartments, and Ukrainians in third place with 113 apartments purchased.

The purchase figures for the top twenty nationalities during the last month of the past year were as follows:

As for annual sales, Russians also topped the list of foreign nationalities purchasing the most residential apartments in Turkey, with 10,560 apartments bought. They were followed by Iranians in second place with 4,272 apartments, and Iraqis in third place with 1,917 apartments purchased during the past year.

The annual sales figures for the top twenty nationalities were as follows:

Edited by: Imtilak Real Estate©

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