2024-09-17T10:47:58+00:00
Shafaq News/ Iraqis dropped to fifth
place among foreign nationals purchasing real estate in Turkiye during August,
down from fourth place in the previous month, the Turkish Statistical Institute
(TURKSTAT) announced on Tuesday.
In its report, TURKSTAT stated that
home sales to foreigners decreased by 26.2% in August compared to the same
month in 2023, totaling 2,257 homes, accounting for 1.7% of total home sales.
The provinces with the highest
number of homes sold to foreigners were Istanbul with 838 sales, Antalya with
696, and Mersin with 174.
The institute indicated that
“Russians topped the list of foreign buyers in Turkiye in August,
purchasing 381 homes, followed by Iranians with 171 homes, Ukraine in third
place with 161 homes, Germany in fourth with 139 homes, Iraq in fifth with 136
homes, Kazakhstan in sixth with 98 homes, Azerbaijan in seventh with 90 homes,
and Kuwait in eighth with 75 homes.”
Notably, Iraqis had consistently led
the list of foreign buyers of homes in Turkiye since 2015, but their ranking
dropped to second place after Iranians at the beginning of 2021, and further to
third place since April 2022 following a surge in Russian purchases of Turkish
real estate.
