Euro rates
  • USD/RUB71.2226
  • GBP/RUB97.9429
  • TRY/RUB7.7131
  • EUR/RUB82.6325
Alanya
+24°C
647apartments on site

45,500 properties in Turkey bought by foreigners

  • 21.01.2020
  • 1272
  • 0
  • 0
45,500 properties in Turkey bought by foreigners

According to the Turkish Statistical Institute, foreigners purchased 45,500 homes in Turkey in 2019. In total, there were 1.35 million properties in 2019. The percentage of properties acquired by foreigners increased by 14.7% comparing with the previous year.

The most popular destination for foreign buyers became Istanbul. There were 20,857 homes were bought in this city in 2019. The next top destinations included Antalya, Ankara and Bursa where 8,951, 2,399 and 2,213 houses where bought respectively.

The largest share of foreign buyers is the Iraqis. They acquired 7,596 homes. The top buyers also included Iranians, Russians, Saudis, and Afghans.

Read also
  • Prices for ready-to-move housing in Turkey may double
    In the first half of this year, prices on the construction materials market increased by more than 53%. In Turkey, concrete, metal structures, and other materials necessary for capital construction are more expensive. The developers believe that prices may double by the end of the year. So far, the...
    23.09.2021
  • What to do in Alanya in winter?
    Turkish resorts are renowned, popular summer holiday destinations that have plenty of activities on offer. However, the winter season in Turkey does not attract that many tourists. January is the coldest month in Alanya. But that does not mean that there is nothing to do there. The average...
    14.01.2020
  • What to do in Alanya in winter: Akdag Ski Center
    Apart from beach holidays, Alanya is going to be a large ski resort. The Akdag ski center is being constructed just in 35 km from the city of Alanya. The idea of creating ski trails close to Alanya was discussed at the end of the previous century. That was when their construction was started, but...
    09.01.2020
Free consultation

Schedule a consultation with our real estate experts

Vildan van Welsen
Sales representative
+90 (530) 566 06 66
Turkish, English, Norwegian, Danish, Swedish, German, Persian