New report in housing gross sales to foreigners

New record in housing sales to foreigners

TurkStat introduced the variety of home gross sales as of the top of February. With the gross sales of 97 thousand 587 homes in Turkey in February, there was a rise of 20.1 p.c in comparison with the identical month of the earlier 12 months. Istanbul took the primary place with 18,752 homes offered. The second was recorded as Ankara with 8 thousand 464 homes, the third as İzmir with 5 thousand 575 homes, the fourth as Antalya with 4 thousand 727 homes and the fifth as Bursa with 3 thousand 354 homes. Housing gross sales elevated by 22.5 p.c to 185 thousand 893 in January-February in comparison with the identical interval of the earlier 12 months.

February house sales figures announced

February home gross sales figures introduced


Housing gross sales to foreigners elevated by 54.9 p.c in February in comparison with the identical month of the earlier 12 months and have become 4 thousand 591. In February, the share of home gross sales to foreigners in complete home gross sales was 4.7 p.c. Within the January-February two-month interval, foreigners purchased 8,777 residences all through Turkey. In comparison with January-February final 12 months, there was a rise of 55.6 p.c. The highest 10 provinces with essentially the most housing gross sales to foreigners in 2 months; Istanbul 3 thousand 729, Antalya 2 thousand 13, Ankara 557, Mersin 435, Bursa 278, Izmir 242, Yalova 233, Samsun 208, Sakarya 196, Trabzon 156.


In Antalya, which is the second within the listing of provinces the place foreigners buy essentially the most housing in Turkey, Russians and Ukrainians come first in keeping with gross sales within the earlier years. Helmann Consturaction Chairman of the Board Selman Özgün, who can also be a member of sector organizations akin to GYODERD and İNDER, introduced that the share of Russians and Ukrainians who bought housing in Turkey, particularly in Antalya, elevated to 11.2 p.c in 2021. Ozgun stated, “11 out of each 100 homes offered in 2021 had been purchased by Russians and Ukrainians. Out of 58,282 homes offered to foreigners in 2021, 5,379 had been purchased by Russians and 1246 by Ukrainians.”


Stating that the Russians are the third within the listing of the residents of the nation that buys essentially the most homes in Turkey, and the Ukrainians are the thirteenth, Özgün stated, “One other outstanding knowledge is the variety of homes offered to the residents of the 2 international locations in 2021, 83.4% in comparison with the earlier 12 months. The speed of improve in complete gross sales was 43.5 p.c. The rise in investments, nearly twice the common, is hanging. Particularly Russians have at all times been within the high 3 within the listing of the nation that purchased essentially the most housing for the final 3 years. Ukrainian residents within the January-February interval of this 12 months 13 He went up from the ‘third place to the eighth place’.


Stating that the battle between the 2 international locations will negatively have an effect on the housing gross sales for Russia and Ukrainians, Özgün made the next warnings:

“After the battle and the financial embargo and sanctions imposed on Russia, there are critical issues on this nation. The truth that the Central Financial institution of Russia limits the cash switch of actual individuals overseas to five thousand {dollars} per 30 days will straight have an effect on the housing buy of the residents of this nation. Right here, particularly the Russians, critical decreases in housing purchases. “Nevertheless, contemplating that a rise of round 20 p.c is predicted in Turkey’s housing gross sales to foreigners this 12 months, gross sales all year long might be much less affected. The minimal variety of 70 thousand items anticipated for the top of the 12 months could also be barely decrease, however we are going to shut 2022 with a rise once more.” (DHA)

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