Sale of real estate in Türkiye to foreigners in the first quarter of 2023
When talking about the sale of real estate in Turkey to foreigners, there are many details that must be considered regarding the statistics of the first quart
When talking about the sale of real estate in Turkey to foreigners, there are many details that must be considered regarding the statistics of the first quarter of 2023, which Skyline Real Estate monitored for you by tracking the official statistics issued by the National Institute of Statistics in Turkey.
We also added to the statistics economic readings that help those wishing to invest in real estate in Turkey to understand the reasons for owning property in Turkey, the most desired nationalities to buy real estate, and their favorite cities, in addition to our expectations for your real estate future in Turkey until the end of the current year 2023.
Many important details await you in this detailed news report
We wish you a good follow-up.
Statistics of real estate sales in Türkiye to foreigners - the first quarter of 2023
The number of properties sold to foreigners in Turkey during the period from the beginning of 2023 to the end of the third month of March reached about 10,926 properties.
Although the first quarter of each year is not considered a golden season for ownership in Turkey compared to the third and fourth quarters of each year, the real estate ownership activity in Turkey achieved a good presence, despite several challenges that accompanied the real estate sector during this period.
Let us share with you the details of real estate sales in each month of the first quarter of 2023:
|
Months |
The number of real estate sales to foreigners during the month |
percentage of total sales |
|
January 2023 |
4161 properties |
38.08% |
|
February 2023 |
3350 properties |
30.66% |
|
March 2023 |
3415 properties |
31.26% |
Readings about real estate statistic data
Speaking of the official statistics on real estate sales in Turkey during the first quarter of 2023, two important paragraphs must be addressed:
The best cities for ownership in Türkiye
Contrary to the usual fact that Istanbul is the one that achieves the largest number of real estate sales to foreigners every month, except that Antalya this time surpassed it a little, and the following are the statistics of the ten most attractive cities for real estate ownership in Turkey during the period of the statistic that we are talking about:
|
Turkish state |
The number of properties sold to foreigners |
percentage of total sales |
|
Antalya |
4177 |
38.20% |
|
Istanbul |
3603 |
32.97% |
|
Mersin |
796 |
7.29% |
|
Ankara |
334 |
3.06% |
|
Market |
320 |
2.94% |
|
Yalova |
268 |
2.45% |
|
Izmir |
253 |
2.33% |
|
Mugla |
194 |
1.78% |
|
Kocaeli |
164 |
1.50% |
|
Trabzon |
137 |
1.25% |
|
other states |
680 |
6.23% |
Most foreign nationals own property in Türkiye
With regard to the second paragraph of the readings of the real estate sales statistics in Turkey for the first quarter of 2023, you should see the nationalities of the foreigners who buy the most real estate in Turkey, according to what is shown in the following table:
|
Country |
The number of foreign residents who purchased real estate in Türkiye during the statistical period | |||
|
January 2023 |
February 2023 |
March 2023 |
The first quarter of 2023 | |
|
Russia |
1557 |
1183 |
1175 |
3915 |
|
Iran |
526 |
446 |
472 |
1444 |
|
Iraq |
229 |
173 |
165 |
567 |
|
Ukraine |
157 |
142 |
160 |
459 |
|
Kazakhstan |
155 |
133 |
121 |
409 |
|
Germany |
126 |
124 |
112 |
362 |
|
Kuwait |
113 |
73 |
81 |
267 |
|
China |
108 |
85 |
56 |
249 |
|
Azerbaijan |
65 |
73 |
69 |
207 |
|
Afghanistan |
76 |
69 |
51 |
196 |
|
Saudi Arabia |
61 |
62 |
73 |
196 |
|
United State |
73 |
54 |
62 |
189 |
|
United kingdom |
57 |
43 |
65 |
165 |
|
Egypt |
45 |
36 |
41 |
122 |
|
Palestine |
38 |
41 |
36 |
115 |
|
Pakistan |
34 |
33 |
45 |
112 |
|
Jordan |
44 |
34 |
33 |
111 |
|
Canada |
45 |
16 |
37 |
98 |
|
Yemen |
37 |
32 |
26 |
95 |