Sharp Rise in Property Sales to Foreigners

According to Turkish Statistical Institute (TUIK), foreigners purchased 1.742 Turkish properties in January, marking a year on year increase of 25.7%

The top 5 foreign buyers by number of units purchased were Iraqis (272 units), Saudis (160), Afghans (124), Russians (121) and Kuwaitis (108).

The top destination was Istanbul with 545 units sold, followed by Antalya with 424 units.

Last year, foreigners purchased 22,234 properties in Turkey, up nearly 20% on the previous year.


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