The Turkish Statistical Institute records the sale of 1,574 apartments to foreigners during March 2025.

Data from the Turkish Statistical Institute showed a significant increase in residential apartment sales to foreigners during March 2025, as the Turkish real estate market witnessed growing interest from foreign investors, reflecting continued confidence in the attractiveness of properties in major Turkish cities, especially Istanbul, Antalya, and Mersin.

Apartment sales in Turkey rise by 5% in the third month of 2025

According to data issued by the Turkish Statistical Institute, the number of residential apartments sold in Turkey during March reached 110,795 units, achieving a 5.1% increase compared to sales in the same month of 2024. Additionally, the sales figures for this month marked the highest number for the third month in the past three years.

In detail, Istanbul ranked first among Turkish provinces in apartment sales during March 2025, with 19,820 units sold, followed by Ankara in second place with 10,203 units, and Izmir in third with 7,513 units sold.

As for the provinces with the lowest apartment sales in the third month of this year, Ardahan topped the list with 28 apartments sold, followed by Bayburt with 33 apartments, and Tunceli with 63 apartments sold.

Foreign sales increased by 8%

Regarding foreign sales of apartments in Turkey, the number of residential apartments sold to foreigners during March of this year reached 1,574 units, achieving an 8% increase compared to foreign sales in the previous month. Foreign sales during the first three months of this year amounted to 4,578 apartments, and the share of foreign sales in March represented 1.4% of the total apartment sales across Turkey.

Istanbul leads Turkish provinces in sales to foreigners

According to the data, Istanbul ranked first among Turkish provinces in apartment sales to foreigners during March 2025, with 635 units sold. Antalya came second with 496 units, and Mersin was third with 141 units sold.

The sales figures for the ten provinces with the highest sales to foreigners in March were as follows:

Russians top the list of foreign buyers

Regarding the ranking of foreign nationalities according to their apartment purchases in Turkey, Russians ranked first as the top foreign buyers during March 2025, with 275 apartments purchased. They were followed by Iranians in second place with 153 apartments, and Ukrainians in third with 124 apartments. The purchase numbers for the ten most active nationalities were as follows:

Edited by: Imtilak Real Estate©