Euro rates
  • USD/RUB92.1029
  • GBP/RUB114.9427
  • TRY/RUB2.8551
  • EUR/RUB98.9461
Alanya
+21°C
2305apartments on site

Turkish property sales to foreigners for august 2023 are summarised

  • 25.09.2023
  • 1611
  • 0
  • 2
Turkish property sales to foreigners for august 2023 are summarised

The Turkish Statistical Institute (Turkstat) has published statistics for August. Russians are in first place among foreigners who became owners of Turkish property. Russian citizens concluded 733 deals. This is more than twice as many as Iranians who bought 342 properties. The third place is occupied by the Iraqis with 220 deals, followed by citizens of Kazakhstan and Ukraine. There is a slight decrease in the dynamics of the number of deals for Russians.

This July, they purchased 772 properties. If we compare sales to foreigners with the data for August last year, there is a decrease of 42%. At the same time, Istanbul, Antalya, and Mersin remain the most popular regions.

Read also
  • New premium housing project launched in Istanbul
    Dragos Evleri is a new project for those who dream of living in Istanbul. Located in one of the most prestigious areas of the metropolis, 5 minutes walk from the sea and 15 minutes from the E5 motorway, the complex offers convenient access to the main transport arteries. Sabiha Gokcen International...
    26.04.2024
  • Real estate sales in Turkey continue to grow
    According to the Turkish Land Registry Directorate, in August 2023, the total value of transactions in Turkish lira reached 5.1 billion. Over the month, 120,000 residential properties and 55,600 building plots were sold. Compared to July of this year, sales increased by 13%. If we compare the...
    18.09.2023
  • New mortgage lending rules introduced in Turkey
    The Turkish Banking Regulation and Supervision Agency (BDDK) has imposed a series of restrictions on those who plan to purchase a second property with a mortgage loan. It is believed that this measure will help stabilize the situation with rising prices. It is expected that a buyer who already owns...
    13.09.2023
Free consultation

Schedule a consultation with our real estate experts

Ali Pazandeh
Sales representative, Graphic designer