Selling properties to foreigners increased in Samsun with 253% in 2018 compared to the previous year, followed by Ankara with 161% and Yalova with 91%.
According to the TÜİK statistics, the concept of selling properties to foreigners increases day by day. Last year, the most preferred city for foreigners in housing purchase was Istanbul with 14 thousand 270 houses. Istanbul was followed by Antalya with 7 thousand 938 houses, Bursa with 2 thousand 720 houses, Ankara with 2 133 133 houses and Yalova with 2 thousand 63 houses.
These cities reached one-thousand selling properties in 2018 for the first time :
Sakarya, Trabzon, Mersin and Aydın.
The number of houses sold in Istanbul and Antalya, where foreigners buy the most, rose to 22.208. Thus, more than half of the total sales were realized in Istanbul and Antalya.
Popular Cities are Different
Recently, Ankara, Yalova and Samsun are the three of rising trends of selling properties to the foreigners concept. The highest increase in housing sales to foreigners last year was recorded in Samsun with 253 percent. The sales of 271 units to foreigners in Samsun in 2017 increased to 956 last year and reached the limit of one thousand. Samsun is followed by Ankara with 161% and Yalova with 91%.
According to the data, Muğla, which was in the top 10 in the list in the previous year, could not keep its place in 2018. Muğla, which ranked 9th with 634 sales in 2017, failed to rank in the top 10 in the list last year.
Sector representatives, foreign sales of housing will continue to increase in 2019, said the government’s support and incentives, as well as the reduction of citizenship rights to 250 thousand dollars will be effective in this increase, he said.
Chief editor of Invest Guide Turkey. Graduated from the Business Administration programme on 2014 and works as a journalist in the field of Foreign Investments in Turkey for 5 years.