Where are foreign investors buying property in Turkey? 2 cities stand out

Housing sales to foreigners decreased by 37.2 percent in the January-October 2023 period compared to the same period last year, falling to 19,212. The provinces most preferred by foreigners in Turkey were Antalya and Istanbul.

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Where are foreign investors buying property in Turkey? 2 cities stand out

The Turkish Statistical Institute (TÜİK) published its housing sales statistics for October through an announcement on its official web portal.

Where are foreign investors buying property in Turkey? 2 cities stand out

Across Turkey, 165,138 housing units were sold in October. Housing sales increased by 11.9 percent between January and October.

Housing sales to foreigners in the January-October period decreased by 37.2 percent compared to the same period of the previous year, reaching 19,212.

Where are foreign investors buying property in Turkey? 2 cities stand out

The provinces where foreigners purchased the most housing in the first 10 months of the year are as follows:

Where are foreign investors buying property in Turkey? 2 cities stand out

Antalya

Number of sales: 6,740

Istanbul

Number of sales: 6,703

Where are foreign investors buying property in Turkey? 2 cities stand out

Mersin

Number of sales: 1,692

Where are foreign investors buying property in Turkey? 2 cities stand out

Ankara

Number of sales: 497

Where are foreign investors buying property in Turkey? 2 cities stand out

Yalova

Number of sales: 468

Where are foreign investors buying property in Turkey? 2 cities stand out

Bursa

Number of sales: 461

Kocaeli

Number of sales: 344

Aydın

Number of sales: 318

Where are foreign investors buying property in Turkey? 2 cities stand out

Izmir

Number of sales: 308

Muğla

Number of sales: 299