Despite the fact that sales of Turkish real estate increased in the first half of 2020 by 23.5 percent compared to the same period in 2019, the share of foreign buyers was only 0.9 percent of the total number of transactions. The reasons for such a sharp decline in overseas investments are the coronavirus pandemic, restrictions on international flights, as well as a sharp increase in domestic demand for real estate in Turkey caused by the mortgage campaign. The share of foreign buyers in the first half of 2020 would have been an even smaller, but in June 2020, with the partial reopening of flights and the abolition of coronavirus measures, real estate sales in Turkey went up sharply. The June monthly growth rate of sales of houses and apartments in Turkey to foreign buyers was 93.5 percent. In which cities and provinces of Turkey, foreigners bought the most housing in the first half of 2020? Istanbul became the sales leader (46.1 percent of the total number of transactions in 6 months), Antalya took the second place (16.8 percent of the total number of sales in the first half of the year).
Apartments in Antaly rose in price in July by a record 30.67 percent. In August, the rise in price continued, accurate statistics will be published by specialized media in the coming days. For those who are planning to buy an apartment in Antalya, we recommend to do it now, because the rise in prices is likely to continue.