Euro rates
  • USD/RUB92.6684
  • GBP/RUB116.4001
  • TRY/RUB3.203
  • EUR/RUB99.8131
Alanya
+14°C
2116apartments on site

October showed leading results in real estate sales to foreigners

  • 01.12.2021
  • 1405
  • 0
  • 0
October showed leading results in real estate sales to foreigners

For the first time in the last three years, the number of real estate deals in Turkey, which were concluded with foreigners, has reached a record level. According to Emlakkulisi portal, this number was 5,893 compared to 5,258 transactions in the current period of last year. In 2019, this figure barely crossed the threshold of 4,270 sales. The figures are based on foreign buyers.

The figures were higher only in August. The citizens of Europe entered the top three after the Iranians and Iraqis. The share of European buyers accounted for 543 residential properties. The list of cities in which real estate was most in demand is as follows: Istanbul, Antalya, Ankara.

Since the beginning of the year, sales to foreigners have increased by 38.0% compared to 2020.

Read also
  • Changes in short-term rentals regulations in Turkey: what investors need to know
    On October 25, Turkey adopted a new law that directly affects the interests of property investors receiving income from short-term rentals. Now, to run a rental business, you need a permit from the Ministry of Culture and Tourism. To obtain a permit, it is necessary to have your plan to rent out...
    10.11.2023
  • There is an active construction of «smart» houses in Turkey
    Murat Kurum, the Minister of Environment and Urbanization, reported on the expansion of practices for the introduction of «smart» city systems in Turkey. The concept includes the construction of houses with increased energy efficiency, which will be able to adapt to climatic features and...
    24.11.2021
  • Where do Russian stars buy real estate in Turkey?
    One of the biggest headlines of Russian show business was the news that Anastasia Makeeva purchased an apartment in Mahmutlar, Alanya. Russians are interested in this acquisition not only because it is associated with a star name. The interest in Turkish real estate is becoming more noticeable every...
    17.11.2021
Free consultation

Schedule a consultation with our real estate experts

Ali Pazandeh
Sales representative, Graphic designer