Turkey: foreign nationals buy 4 out of 10 residential properties in Antalya

In September 2022, 37% of residential properties in Antalya were bought by foreign nationals, which is a record level of the total sales statistics. In Istanbul, the total figure was 9.4% (1,795 properties sold).

Apartments in Istanbul 2,673 listings on Tranio

From $812,000

New large residence with hotels and yacht marinas in the heart of Istanbul, Turkey

Completion in: 2025 Total of 660 apartments

From $448,000

New residence with swimming pools and a park close to a metro station and highways, Istanbul, Turkey

Completion in: 2025.II Total of 141 apartments

From $699,000

New apartments with a picturesque view in a guarded residence, near the parks and the metro station, in the heart of Istanbul, Turkey

Completion in: 2024.IV Total of 295 apartments

From $643,000

New residence with swimming pools and green areas close to well-developed infrastructure, in one of the oldest and largest areas of Istanbul

Built in 2024 Total of 1050 apartments

From $240,000

New residence with a swimming pool and a mini golf course close to a metro station and universities, Istanbul, Turkey

Completion in: 2025.IV Total of 167 apartments

From $236,000

Modern residence with swimming pools and gardens near a metro station, Istanbul, Turkey

Completion in: 2024.IV Total of 781 apartments

From $520,000

Residential complex with park views, near the Financial center, Istanbul, Turkey

Built in 2023 Total of 2750 apartments

From $384,000

New residence with a shopping mall and green areas close to a beach and a highway, Istanbul, Turkey

Completion in: 2025.IV Total of 153 apartments

In September, the number of transactions by foreign buyers decreased compared to the same month 2021. Nevertheless, their share remains the same as citizens of other countries make about 4.5% of all real estate transactions. Foreigners’ interest persists despite significant increase in prices of both dollar and domestic currency.

During the period from January to September the sales volume increased by 32.5% (amounting to 49,644 transactions) compared to the same period 2021. In September 2022, the largest number of purchases was recorded among citizens of the Russian Federation (1,196 properties), Iran (592 properties) and Iraq (433 properties).

Source: TUIK

Author: Julia Naymushina