Learn about apartment sales in Turkey for February 2024

2025-07-24

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Learn about apartment sales in Turkey for February 2024

According to data issued by the Turkish Statistical Institute, the number of residential apartments sold to foreigners during February of this year reached 1,846 apartments.

The percentage of sales to foreigners during February of this year was 2% of the total general sales of residential apartments across Turkey, while the total number of apartments sold to foreigners during the first two months of this year reached 3,907 apartments.

Istanbul tops the Turkish provinces with the highest sales to foreigners

In detail, Istanbul ranked first among Turkish provinces in terms of residential apartment sales to foreigners during February 2024, with 691 apartments sold. Antalya came in second with 659 apartments sold, and Mersin ranked third with 151 apartments sold.

The sales figures for the ten provinces with the highest sales to foreigners during February of this year were as follows:

Foreign sales
During the first two months of the year
Foreign sales
During February 2024
Province
1,401 apartments
691 apartments
Istanbul
1
1,406 apartments
659 apartments
Antalya
2
362 apartments
151 apartments
Mersin
3
91 apartments
46 apartments
Yalova
4
87 apartments
38 apartments
Ankara
5
87 apartments
38 apartments
Bursa
6
56 apartments
29 apartments
Mugla
7
58 apartments
27 apartments
Kocaeli
8
60 apartments
24 apartments
Sakarya
9
56 apartments
24 apartments
Izmir
10

Russians top the list of most-buying nationalities

Regarding the ranking of foreign nationalities according to their purchases of residential apartments in Turkey, Russians ranked first as the most foreign nationality buying residential apartments in Turkey during February 2024, with 395 apartments purchased. They were followed by Iranians in second place with 200 apartments purchased, and Iraqis in third place with 112 apartments purchased. The purchase figures for the top twenty nationalities were as follows:

No.
Foreign nationality
Purchases by foreign nationality
January 2024
1
Russians
395 apartments
2
Iranians
200 apartments
3
Iraqis
112 apartments
4
Ukrainians
105 apartments
5
Germans
91 apartments
6
Kazakhs
79 apartments
7
Azerbaijanis
60 apartments
8
Afghans
47 apartments
9
British
45 apartments
10
Americans
43 apartments
11
Chinese
43 apartments
12
Palestinians
38 apartments
13
Saudis
37 apartments
14
Kuwaitis
34 apartments
15
Egyptians
31 apartments
16
Uzbeks
27 apartments
17
Qataris
26 apartments
18
Algerians
21 apartments
19
Lebanese
20 apartments
20
Israel
20 apartments

Edited by: Imtilak Real Estate©