Home sales to foreigners increased by 60% in seven months

Home sales to foreigners increased by 60% in seven months

The number of transactions with foreigners in the first seven months of 2022 increased immediately by 57.4% compared to the same period (from January to July) of 2021.

 

As for the nationality of the buyers, the Russians have been steadily leading for several months, having «pushed» the former recognized leaders in this matter: Iran and Iraq. 

 

Here are the twenty countries whose citizens purchased the most residences in Turkey in July:

 

Russian Federation - 1028 transactions;

Iran - 431;

Iraq - 380;

Kazakhstan - 190;

Ukraine - 166;

Germany - 163;

Kuwait - 125;

England - 90;

Saudi Arabia - 87;

Afghanistan - 83;

USA - 82;

Azerbaijan - 65;

Sweden - 59;

China - 57;

Egypt - 53;

Jordan - 47;

Pakistan - 43; 

Canada - 40;

Yemen - 39;

Lebanon - 37.

 

It should be noted that the US is steadily increasing volumes. There is also an increase in interest from residents of Canada.

 

Another obvious trend should be noted that citizens of the Russian Federation and Iran prefer to buy housing in Antalya province. However, the province of Mugla is also popular, in particular, the resort of Bodrum, where almost every fourth residence goes to an investor from abroad when buying.

 

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