The TOP-10 countries whose residents most often invested in commercial real estate in Turkey in the first half of 2020 included: Jordan, Egypt, Palestine, Saudi Arabia, Afghanistan, Iraq, Dominican Republic, Qatar, Iran and Germany.
The TOP-10 countries, whose citizens most often invested in Turkish housing in the first half of 2020, included: Iran, Iraq, China, Azerbaijan, Russia, Palestine, Afghanistan, Germany, Jordan, Turkmenistan.
The EVA Istanbul-based real estate appraisal and investment firm compared data on all real estate investments in Turkey in the first half of 2019 and the first half of 2020. The analysis considered not only housing, but also commercial real estate. Taking into account all investments, Jordan became the leader in investment. If we take only housing, then according to the results of the first half of 2019 and the first half of 2020, Iran is leading.
How many real estate have foreigners bought in Turkey during the given time periods? In the first six months of last year, citizens of different countries bought a total of 4,431,709 square meters of residential and commercial real estate in Turkey, over the six months of this year - 4,042,079 square meters. Foreigners bought 14,262 objects in the six months of 2020, which is 28.5 percent less than in the same period last year. Jordan took the first place among buyers of commercial real estate in 2020, overtaking the leader of the first half of 2019 - Egypt.