Housing Sales to Foreigners in Turkey will Continue to Grow

Housing sales to foreigners increased by %71.3 compared to the same month of the previous year

House Sales To Foreigners Increased

In March 2019, 3.129 houses were sold to foreigners in Turkey. In the housing sales made for foreigners, Istanbul ranked first with a total of 520 housing units. Istanbul was followed by Antalya, Ankara, Bursa and Yalova, respectively.

Industry experts say that home sales to foreigners will continue to increase throughout 2019. The biggest indicator of this is the large change in the number of sales throughout 2018. In 2017, approximately 22,000 units of foreign sales numbers reached 40,000 in 2018. On the other side housing sales figures for foreigners in Turkey began with the very large increase in 2019. Foreigners sales volume increased by 82%, 92% and 71% in January, February and March respectively.

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