The statistics of buying property in Turkey by Foreigners in 2022
Before dealing with the statistics and the total number of property purchases in Turkey by Foreigners and Turkish citizens, it is better to make a brief reference to the Turkish property market. In line with the policies of the Turkish government to promote the construction industry. Despite the exit from the pandemic conditions in the middle of 2022, the amount of buying and selling property in the whole of 2022 increased compared to the previous year, i.e.
2021.
So that the number of property purchases in Turkey in 2022 set a new record and reached 1,485,622 units. This statistic is only related to housing. Only in December 2022, the number of housing sales in Turkey was recorded at 208 thousand. The reason for this can be called the significant reduction in bank interest rates in 2019.
The number of housing sales in Turkey
According to the statistics published by the Turkish Center, the total number of housing sales in Turkey in 2022 was 1.485.622. Of these 67.490 were purchased by foreigners.
The statistics of property purchase in Turkey by Turkish citizens in 2022 by month
The statistics of property purchase in Turkey by Turkish citizens in 2022 by month.
The statistics of property purchase in Turkey by foreigners in 2022 to month
Foreign nationals (other than Turkish citizens) have managed to buy 67,490 real estates in Turkey in 2022.
Property purchase statistics in Turkey by top 3 Country
In 2022, Russians have the largest number of property purchases in Turkey. In this ranking, the Iraq and Iran took the third place respectively. The number of property purchases by the above three countries is as follows:
Russia: 16,312
Iran: 8,223
Iraq: 6,241
According to the latest statistics published in January 2023, the upward trend of buying property in Turkey has continued. As compared to the first month of the previous year, it has grown by 15.2% and is still welcomed by domestic and foreign investors. As usual, the city of Istanbul with the transaction of 24,953 houses has the highest amount of property transactions.
