Euro rates
  • USD/RUB110.9963
  • GBP/RUB136.3595
  • TRY/RUB5.9532
  • EUR/RUB117.201
2018apartments on site

In 2021, the number of tourists arriving in Turkey doubled and foreigners continue to return to the country

  • 16.02.2022
  • 723
  • 0
  • 0
In 2021, the number of tourists arriving in Turkey doubled and foreigners continue to return to the country

Data published last week show that about 30 million people visited the republic last year. Among the visitors are returning Turkish citizens permanently residing abroad.

Tourists brought about USD 25,000,000,000 to the economy in 2021, which amounted to an annual growth of 103%. The figures are still far from reaching a record USD 34,500,000,000 in 2019, but government officials express satisfaction with the current figures.

By nationality, the annual growth by 2020 was 120 (5 million people). They are followed by German citizens — 3.1 million people. The top three are closed by Ukrainians — more than 2 million people.

The demand for real estate and the growth of the market remained at the same levels. Consumer demand is growing slowly but steadily. A big role is played by the fall in the value of the Turkish lira.

Travel companies, hotel and restaurant owners have reported positive financial results for the year.

Read also
  • In Turkey, secondary real estate ranks first in terms of demand
    According to the report on the secondary housing market, the third quarter of 2022 saw almost 227,120 transactions involving secondary housing stock. This figure is 18% lower than the same rate during this time last year. But it still covers 69% of all sales. The annual price growth peaked at 202%,...
  • More than 20% of foreigners who bought real estate in Turkey did it for the sake of citizenship
    Among foreigners who purchased housing in 2021, 22% did so to get citizenship in the republic. The property value required by law must exceed USD 250,000. In the past year, expats bought 68,168 housing units, the number includes residential real estate. EVA, a real estate valuation consulting...
  • European village was found in Mahmutlar
    According to the Institute of Statistics of Turkey, in 2021, the number of transactions for the purchase of Turkish real estate by Europeans increased by 75% compared to a year earlier. The Europeans were in 3rd place after the Iranians and Iraqis in the number of transactions made. But it became...
Free consultation

Schedule a consultation with our real estate experts

Vildan van Welsen
Sales representative