Apartment sales to foreigners during the seventh month of 2023

2026-04-13

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Apartment sales to foreigners during the seventh month of 2023

Apartment sales to foreigners achieve a 6.7% increase in the seventh month

According to data released by the Turkish Statistical Institute, the number of residential apartments sold to foreigners during the seventh month of this year reached 2,801 apartments, achieving a 6.7% increase compared to apartment sales to foreigners during the sixth month of this year.

The percentage of foreign sales during July of this year accounted for 2.6% of the total general sales of residential apartments throughout Turkey.

As for apartment sales to foreigners during the first seven months of this year, they reached 22,067 residential apartments.

Antalya tops the Turkish provinces with the most sales to foreigners

In the details of the data, Antalya ranked first among the Turkish provinces with the most apartment sales to foreigners during July 2023, with 996 apartments sold.
Istanbul ranked second with 832 apartments sold, and Mersin ranked third with 263 apartments sold.

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

Foreign sales during the first 7 months of 2023
Apartment sales to foreigners in July 2023
Province
Number
8,446 apartments
996 apartments
Antalya
1
6,921 apartments
832 apartments
Istanbul
2
1,717 apartments
263 apartments
Mersin
3
696 apartments
116 apartments
Ankara
4
601 apartments
86 apartments
Bursa
5
589 apartments
82 apartments
Yalova
6
485 apartments
68 apartments
Izmir
7
378 apartments
49 apartments
Mugla
8
313 apartments
70 apartments
Trabzon
9
308 apartments
38 apartments
Kocaeli
10

Russians top the list of nationalities buying the most

Regarding the classification of foreign nationalities according to their purchases of apartments in Turkey, Russians ranked first as the foreign nationality buying the most apartments in Turkey during July 2023, with 772 apartments purchased. They were followed by Iranians in second place with 272 apartments purchased, and Iraqis in third place with 204 apartments purchased. The purchase numbers for the top twenty nationalities were as follows:

Number
Foreign Nationality
Purchases of apartments by foreign nationality
July 2023
1
Russians
772 apartments
2
Iranians
272 apartments
3
Iraqis
204 apartments
4
Ukrainians
146 apartments
5
Kazakhs
113 apartments
6
Germans
96 apartments
7
Azerbaijanis
74 apartments
8
Kuwaitis
74 apartments
9
Saudis
64 apartments
10
Americans
62 apartments
11
British
54 apartments
12
Afghans
53 apartments
13
Egyptians
51 apartments
14
Chinese
39 apartments
15
Uzbeks
36 apartments
16
Yemenis
36 apartments
17
Canadians
34 apartments
18
Jordanians
31 apartments
19
Pakistanis
30 apartments
20
Lebanese
29 apartments

Edited by: Imtilak Real Estate Company©