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%.