Turkey: Apartment sales to foreigners increased by more than 200% in May of this year

According to official data issued by the Turkish Statistics Authority, the number of apartments sold to foreigners in May of this year reached 5,962 apartments, achieving an increase of 235.7% compared to sales of the same month last year 2021, and the highest monthly sales for May in the past three years.

The percentage of foreign sales in May of this year was 4.9% of the total general sales of apartments throughout Turkey.

As for the sales of apartments to foreigners during the first five months of this year, they amounted to 26,753 apartments, achieving an increase of 70% compared to sales of apartments to foreigners during the same period last year.

Istanbul tops the Turkish states that sell the most to foreigners

The details published in the official data showed that the state of Istanbul ranked first among the Turkish states selling apartments to foreigners in May 2022 with the sale of 2451 apartments, and the state of Antalya came in second place with the sale of 1885 apartments, while the state of Mersin came in Third place, with 264 apartments sold.

The sales figures during the first five months in the states that sold the most to foreigners were as follows:

Rank	State	Apartment sales May 2022	Apartment sales during the first five months
1	Featured projects in Turkey View all View all Istanbul	2,451 apartments	Search our distinguished projects list and find the suitable property for you. 10,989 apartments
2	Ready to invest? What is your budget ? UP to $50KUP to $100KUP to $250kUP to $400kUP to $1M How many living rooms are in the apartment? Studio1 2 3 4 5+ We have a range of options for you. ▼ Call me I hereby consent to the processing of my personal data and consent to the sending of marketing content. Thank you! Thank you, we have received your request, and we will contact you as soon as possible. Antalya	1,885 apartments	Get a free real estate consultation Would you like a free real estate consultation with the real estate experts at Imtilak Real Estate? Lets go Get a free real estate consultation What is your preferred way of communication? How would you like to be contacted? Phone callZoomGoogle meetWhatsApp Get a free real estate consultation Choose the appropriate day for us to contact you Thu25 Apr Fri26 Apr Sat27 Apr Sun28 Apr Mon29 Apr Tue30 Apr Wed1 May Get a free real estate consultation Let us contact you ▼ Call me I hereby consent to the processing of my personal data and consent to the sending of marketing content. Thank you! Thank you, we have received your request, and we will contact you as soon as possible. 7,302 apartments
3	Featured projects in Turkey View all View all Mersin	264 apartments	Search our distinguished projects list and find the suitable property for you. 1,227 apartments
4	Ankara	249 apartments	Ready to invest? What is your budget ? UP to $50KUP to $100KUP to $250kUP to $400kUP to $1M How many living rooms are in the apartment? Studio1 2 3 4 5+ We have a range of options for you. ▼ Call me I hereby consent to the processing of my personal data and consent to the sending of marketing content. Thank you! Thank you, we have received your request, and we will contact you as soon as possible. 1,486 apartments
5	Get a free real estate consultation Would you like a free real estate consultation with the real estate experts at Imtilak Real Estate? Lets go Get a free real estate consultation What is your preferred way of communication? How would you like to be contacted? Phone callZoomGoogle meetWhatsApp Get a free real estate consultation Choose the appropriate day for us to contact you Thu25 Apr Fri26 Apr Sat27 Apr Sun28 Apr Mon29 Apr Tue30 Apr Wed1 May Get a free real estate consultation Let us contact you ▼ Call me I hereby consent to the processing of my personal data and consent to the sending of marketing content. Thank you! Thank you, we have received your request, and we will contact you as soon as possible. Yalova	135 apartments	694 apartments
6	Bursa	132 apartments	742 apartments
7	Sakarya	122 apartments	586 apartments
8	Izmir	109 apartments	621 apartments
9	Samsun	102 apartments	587 apartments
10	Trabzon	68 apartments	372 apartments

Russians are among the top buyers of nationalities

Regarding the classification of foreign nationalities according to their purchases of apartments in Turkey, for the second month in a row, the Russians ranked first as the most foreign nationalities buying apartments in Turkey in May 2022, with the purchase of 1,275 apartments.

The Iranians ranked second with the purchase of 736 apartments, and the Iraqis came in third place with the purchase of 617 apartments, and the purchase numbers of the twenty nationalities that purchased the most were as follows:

Edited by Imtilak Real Estate ©

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