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HOUSING SALES TO FOREIGNERS IN TURKEY INCREASED 70 PERCENT

Housing purchases by foreigners are on the rise.

According to the data announced by the Turkish Statistical Institute, foreigners’ housing purchases in Turkey increased by 235% in May 2022 and approached 6 thousand. Last year, house sales to foreigners were around 2,000. In the 5-month period, foreigners’ housing purchases increased by 70% and exceeded 27 thousand from 16 thousand.

In the January-May period of 2022, Russia took the first place in house sales to foreigners with 3962 houses, followed by Iran with 3897 and Iraq with 3218. Them; Germany, Kazakhstan and Afghanistan followed suit.

How many houses did foreigners buy in the provinces?

In house sales by cities; Istanbul took the first place with 10989. Antalya followed Istanbul with 7302 residences. them in order; Ankara, Mersin, Bursa, Yalova, İzmir, Samsun, Sakarya and Muğla followed suit. Housing purchases by foreigners in Antalya increased by 136% compared to last year. İzmir, Samsun, Bursa and Sakarya also recorded growth exceeding 100%.

HOUSING SALES TO FOREIGNERS

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