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Russians are at the top of the list of foreigners who buy housing in Turkey

While the number of residences purchased by Russians in Turkey increased by 186.6 percent in April compared to the same period of the previous year, reaching 1,152, Russian citizens topped the list of foreigners purchasing housing for the first time.

Russians are at the top of the list of foreigners who buy housing in Turkey

According to the information compiled from the TUIK house sales statistics, house sales to foreigners increased by 48.9 percent in the January-April period and became 20,791.

133 thousand 58 houses were sold in Turkey in April

Sales figures for the first 4 months were recorded as the highest January-April figures of all time.

Looking at the sales by provinces in the January-April period, Istanbul took the top spot with 8 thousand 538 units. Antalya was followed by Antalya with 5 thousand 417 and Ankara with 1,237.

Mersin, Bursa, Yalova, İzmir, Samsun, Sakarya and Trabzon were the other provinces in the top 10.

Russians at the top for the first time

Housing sales to foreigners in Turkey increased by 58.1 percent last month, reaching 6 thousand 447, the highest April figure of all time.

Russians, which increased their housing investment in Turkey after the Ukraine-Russia war, took the top spot in sales to foreigners for the first time in April. The number of residences purchased by Russians from Turkey in April increased by 186.6 percent and reached 1,152 units.

Last month, Russians were followed by Iranians with 905, Iraqis with 714, and Kazakhstani citizens with 311. Citizens of Germany, Afghanistan, Ukraine and Yemen were also among those who bought the most housing.

Housing sales to Ukrainians in April, on the other hand, increased by 185.9 percent compared to the same period of the previous year, from 92 to 263 units. It was noteworthy that the increase in the investments of the citizens of both countries was well above the general average of 58.1 percent.

"We continue to be the focus of attention of foreign investors"

Tamer Özyurt, Chairman of Özyurtlar Holding, told Anadolu Agency (AA) that Turkey shows that it continues to be the focus of attention of foreign investors.

Reminding that they had previously stated that there was a need for regulations that would eliminate some difficulties in front of sales to foreigners, Özyurt said that steps were taken in this regard and that the numbers would go up even higher.

Özyurt noted that the latest support packages announced could mobilize the pending citizens and explained that the support given for construction projects will increase the supply.

"We see the interest of foreigners in our meetings abroad"

Bahaş Holding Senior Manager (CEO) Abdüssamet Bahadır also stated that the interest and belief of foreign investors in Turkey continues with an increasing momentum, "This shows us how attractive and advantageous the Turkish real estate sector is for foreigners living abroad. We can see that they are very interested in it.” he said.

Referring to the change that foreigners who deposit a contribution amount of at least 500 thousand dollars to the BES will have the right to apply for Turkish citizenship, Bahadır said, "This means that we may encounter more interest from foreign investors in the coming periods. , the market will revive." made a statement.

"Antalya has become the favorite of international housing investors"

Helmann Yapı Chairman of the Board of Directors Selman Özgün talked about the increasing interest of international investors in Turkey and said, "The demand our country receives from foreign investors for housing is increasing higher than its competitors in Europe. We will be one of the leading countries in this field in the future." used the phrases.

Noting that there has been an increase in house sales to both locals and foreigners in Antalya, Özgün said that the city has become a favorite of international investors.

Özgün said, "After the war, not only the Russians, but also the Ukrainians' interest increased. We can clearly see this increase in Antalya." he said.

"Turkey is the safest country according to the Russians"

Akzirve Sales Manager Hakan Sabbağ also stated that the Russians increased their housing investment in Turkey after the war and gave the following information:

"Last month, the number of residences that Russians bought from Turkey increased by 186.6 percent and reached 1,152. Currently, Turkey is the safest country for Russians. We hear this from them as well. They used to buy in Antalya, now they have started to invest in Istanbul and some other cities as well. We have heard that some companies serving in Russia have told their staff that they can continue their work from Istanbul."

Hakan Sabbağ, noting that the international real estate investment in Turkey is increasing gradually, said that there is an increase in the purchases of the citizens of countries such as Kazakhstan, South Korea and China.

Sabbağ, stating that foreigners' investment in housing will increase in the summer months, added that there will be a net increase in the demands especially from Saudi Arabia and some Gulf countries.

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