The top 3 cities where foreigners buy the most homes have been revealed.

The top 3 cities where foreigners buy the most homes have been revealed.

14.02.2025 11:26

In Turkey, residential sales increased by 39.7% in January compared to the same month of the previous year, reaching 112,173. The provinces with the highest number of residential sales to foreigners were Istanbul with 611, followed by Antalya with 469, and Mersin with 118.

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In Turkey, housing sales in January increased by 39.7% compared to the same month of the previous year, reaching 112,173. The Turkish Statistical Institute (TÜİK) announced the Housing Sales Statistics for January 2025. Accordingly, housing sales in Turkey increased by 39.7% in January compared to the same month of the previous year, reaching 112,173. The provinces with the highest number of housing sales were Istanbul with 18,912, Ankara with 10,158, and Izmir with 6,634, while the provinces with the lowest sales were Ardahan with 39, Bayburt with 62, and Tunceli with 80.



MORTGAGED HOUSING SALES REACHED 16,726



In Turkey, mortgaged housing sales in January increased by 182.8% compared to the same month of the previous year, reaching 16,726. The share of mortgaged sales in total housing sales was 14.9%. In January, 3,856 mortgaged housing sales were made as first-hand sales.



95,447 HOUSES CHANGED HANDS THROUGH OTHER SALES TYPES



In Turkey, other housing sales in January increased by 28.3% compared to the same month of the previous year, reaching 95,447. The share of other sales in total housing sales was 85.1%.



FIRST-HAND HOUSING SALES REACHED 32,785



In Turkey, the number of first-hand housing sales in January increased by 29.8% compared to the same month of the previous year, reaching 32,785. The share of first-hand housing sales in total housing sales was 29.2%.



79,388 HOUSES CHANGED HANDS IN SECOND-HAND SALES



In Turkey, the number of second-hand housing sales in January increased by 44.2% compared to the same month of the previous year, reaching 79,388. The share of second-hand housing sales in total housing sales was 70.8%.



1,547 HOUSES SOLD TO FOREIGNERS IN JANUARY



Housing sales to foreigners in January decreased by 24.9% compared to the same month of the previous year, reaching 1,547. In January, the share of housing sales to foreigners in total housing sales was 1.4%. The provinces with the highest number of housing sales to foreigners were Istanbul with 611, Antalya with 469, and Mersin with 118.



In January, the highest number of housing sales by country of nationality was made to citizens of the Russian Federation with 248, Iran with 162, and Iraq with 103.



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