Turkish real estate is very interesting for foreign buyers. Thanks to the excellent work of the local statistical office (which, generally speaking, is a rarity in our segment) you can find out why. Prian has studied the Turkstat report for 2020 and selected the most interesting figures.
1,499,316 apartments and houses were sold in Turkey in 2020
By the way, this is 11% more than a year earlier. So much for the crisis! And if we compare the results with 2013, the number of transactions increased by 30%. Given the rise in prices, buyers were in a hurry for a reson.
The number of real estate transactions in Turkey over the past seven years. Despite the lockdown, 2020 was a record year for the Turkish market. Source: Turkstat
The number of mortgage transactions increased by 70%
Well, that is not a very interesting info for foreigners. The preferential mortgage, introduced in the summer of 2020, has intensified domestic demand (does this remind you of anything?). Foreigners do not often use a loan at 6.0–6.5% per annum in euros…
40,812 residential properties in Turkey purchased by foreigners
The share of non-local transactions in the total number of transactions is quite small: someone from abroad buys every 27th residential object. And by the way, in absolute numbers, foreigners in 2020 bought less than in 2019, by about 10%. Spring lockdown had it consequences.
Dynamics of real estate sales in Turkey among foreign buyers. Note the sharp decline in the number of transactions in April-May 2020. The reason is the lockdown. As soon as restrictions were lifted, the activity of buyers has increased. Source: Turkstat
Top 20 foreign buyers of real estate in Turkey in 2020. Source: Turkstat
The main foreign buyers are citizens of Iran, Iraq and ... Russia!
People from the Middle East are traditionally the most active: for them, Turkey is not so much a resort as a respectable destination, an outlet to the world. The Iranians bought 7,189 objects, the Iraqis – 6,674, and the Russians - 2,893 objects.
Last year 256,098 transactions took place in Istanbul
A leader in everything! Ankara lags behind by almost 100,000 sales. Istanbul has the most deals with developers and the most in the secondary market. The city of two continents and the most popular among foreign buyers – 47% (19,175) bought it here.
Every fifth foreign buyer chose the coast of Antalya.
In numbers, this is 7,735 transactions
The number of female customers in Turkey has increased by 25% in five years
Emancipation is it is! Although, nothing really has changed: about 30% of transactions are consistently made by women, and 60% by men. Where's the other 10%? Nope, you're wrong: every tenth object is bought by either a legal entity or several owners at once.
Residential property for sale in Turkey:
500 000 €
Villa in Fethiye, Turkey
160 sq.m433
Credit
The Villa is situated in the peaceful location of Ovacik, an area of outstanding natural beauty, and is also close to the world famous, beautiful sandy beach of Oludeniz (Blue Lagoon) - just 5 minutes’ drive away.
Oludeniz is one of Turkey´s most scenic coastal resorts. The main beach is a wide stretch of white sand and shingle...
ANGA REAL ESTATE
225 000 €
Apartment in Alanya, Turkey
62 sq.m211
ResidenceCredit
We offer you a new stunning residential complex on the first coastline of the Mediterranean Sea, located in the most cozy and ecologically clean area of Alanya - Kargicak.
The premium class complex with the infrastructure of a five-star hotel and spacious apartments consists of two 6-storey blocks on a total area of 6,852 m2. It is located 30...
Alanya Eiendom
168 000 €
Penthouse in Alanya, Turkey
90 sq.m2
Residence
RestProperty
56 980 €
Flat in Alanya, Turkey
68 sq.m21
Residence
It is located on the 1st floor 700 m from the sea.Conveniences:Elevator, outdoor pool, fitness, sauna, generator, parking.
Renaissance Estate
685 300 €
Flat in Alanya, Turkey
150 sq.m43
Residence
The apartment is sold with unique furniture, located in a prestigious area of Alanya
Renaissance Estate
464 500 €
Villa in Alanya, Turkey
350 sq.m543
Residence
We offer to your attention a 4+1 villa with an area of 350 m2 in Tepe. The villa was built in 2010. The layout of the villa includes a large living room combined with a kitchen, 4 bedrooms and 3 bathrooms and 3 balconies. The villa has been well renovated using modern quality materials. The bathrooms are equipped with shower cabins and modern...
Zera Homes
308 000 €
Penthouse in Alanya, Turkey
151 sq.m3
Residence
RestProperty
180 500 €
Apartment in Alanya, Turkey
125 sq.m322
Online ViewingRemote Transaction
We suggest you consider the option of purchasing a 2+1 apartment with an area of 125 m2 in the Tosmur area. The apartment offered for sale is located on the 2nd floor of a 9-storey complex built in 2007. The layout of the apartment includes a living room combined with a kitchen, 2 bedrooms, 2 bathrooms and 1 balcony. The apartment is offered for...
We offer for sale an apartment 1 + 1 in Both with an area of 5 5 m2, year of construction - 2007. The layout of the apartment includes a living room combined with a kitchen, 1 bedroom, 1 bathroom, 1 balcony. The apartment has a high-quality renovation with the use of modern materials. The bathroom is equipped with a shower cabin and modern...
Zera Homes
235 340 €
Flat in Istanbul, Turkey
116 sq.m32
Residence
Thanks to the modern architecture that improves the quality of your life, the central location, greenery where you can breathe, special social amenities and floor plans for all needs, promises unsurpassed living spaces.Have a nice time alone or with your loved ones in the social institutions of the project. The residential complex has everything...
Renaissance Estate
53 900 €
Flat in Antalya, Turkey
135 sq.m43
Residence
Internal features:
ADSL, Wooden joinery, Alarm system, Suspended ceiling, Balcony, Laundry room, Metal door, Shower, Built-in wardrobe, Cable TV satellite, Air conditioning, Laminate flooring in the kitchen, Marble floor, Shutters, Parquet laminate, Telephone line, Dressing room , Toilet
External features:
Elevator, Fitness, Hydrophore,...
The developed external infrastructure makes the location of the complex even more convenient and comfortable for residents.
Renaissance Estate
262 000 €
Apartment in Antalya, Turkey
125 sq.m322
ResidenceOnline ViewingRemote Transaction
2-Bedroom Spacious Apartment in Investment Area of Antalya
Aksu is recognized as an investment area not only locally in Antalya but also generally Turkey. The region also seeks attention from foreign investors with its quality projects. Today many properties can find according to all taste and wish in Aksu Altıntaş.
Apartments for sale in...
TEKCE
1 020 000 €
Apartment in Istanbul, Turkey
403 sq.m652
ResidenceOnline ViewingRemote Transaction
Prestigious Apartments in a Tranquil Location in İstanbul Üsküdar
Üsküdar is a serene and peaceful neighborhood located right on the shores of the Bosphorus in Istanbul. It stands out with its natural beauty, historical texture, and unique location. Üsküdar is also preferred for its easy access to modern amenities. proximity to important...
TEKCE
455 000 €
Penthouse in Alanya, Turkey
195 sq.m432
ResidenceOnline ViewingRemote Transaction
Properties with Panoramic Sea and City Views in Project with Full Amenities in Alanya Kestel
The stylish properties are located in Kestel in Alanya. Kestel is a developing area with various amenities. The area is home to hiking paths, restaurants, cafes, and many more daily and social amenities.
The properties for sale in Alanya are located 1 km...
TEKCE
43 000 €
Flat in Trabzon, Turkey
70 sq.m211
Our company has a long 10-year history and thousands of satisfied customers. We specialize in real estate and investment. Our team consists of 40 people, the headquarters of the company is located in Trabzon, as well as the branches of “Trabzon Invest” are represented in St. Ambula, And nkara and Zmira.We operate in 34 provinces of Turkey.Our...
TRABZON INVEST
82 000 €
Apartment in Antalya, Turkey
75 sq.m212
ResidenceOnline ViewingRemote Transaction
1-Bedroom Apartment in a Central Location Near the Sea in Muratpaşa Antalya
The apartment is located in a residential complex in the Yüksekalan neighborhood in the Muratpaşa district of Antalya. The location within walking distance of all amenities is ideal to buy apartment in Muratpaşa, Antalya.
The furnished apartment is only steps from the...
You will get the cleanest sea, a gorgeous beach and air by purchasing a quarry in this complex.
My name is Natalia and I will choose the best for you!
The completion date is 30.04.2025
Apartment layouts:
One-bedroom apartments 1+1, with an area of 62 m2 from 63,000 euros.
Two-bedroom apartments 2+1, with an area of 89 m2 from...
NSM Real Estate
144 900 €
Flat in Antalya, Turkey
44 sq.m211
Online Viewing
Antalya-Aksu
Altyntas
A new premium residential complex, which includes:
88 residences
39 hotel apartments
The embodiment of unprecedented comfort, premium class amenities, modern architecture and innovative solutions in construction.
A shuttle service to the stunning sandy beaches of Lara will be organized for residents and guests of...