How many sold properties in Turkey in 2021?
There is big interest from foreigners in Turkish properties since the Turkish government since the issuance of the property ownership law in Turkey that allowed for the citizens of 183 countries around the world to have a property in Turkey.
Turkey suffered from many successive crises from 2015 to 2021 on the political and economic levels. However, the Turkish property sector is still making record profits.
Why do the foreigners prefer Turkish property?
There are three main reasons ‘residence, investment, and Turkish citizenship’. Some nationalities consider Turkey a safe country compare to their countries. They see in Turkey political and economic stability despite the temporary crises in Turkey from time to time. Others would like to invest in Turkey such as citizens of the Gulf countries who consider Turkey a good country for investment for many reasons such as geographical location in the middle of the world and extends over Asia and Europe, also there are many seas, surrounded by seven countries. In addition, it is easy to travel to it and from it to dozens of countries in a short time.
The geopolitical location in Turkey has a role in logistics business development between Turkey and different countries in the world. Especially since Turkey was The Silk Road land and the country that connects south Europe, the middle east, and north Africa. In addition to Turkish commercial, industry, and economic power that makes Turkey in the G20 organization.
Turkey is a member of NATO and owns one of the strong armies in the world and diplomacy relationship with the other countries, in addition to its educational system and its universities that teach all the scientific specialisms in several languages and its certificates are recognized in Europe, Canada, and some American and Arabian countries that encourage the student to complete their study in it. the recent states show that 200 foreign students complete their master’s and a Ph.D. degree in Turkey.
How many properties did foreigners own in 2021?
Turkish statistics authority published a report in which it revealed the sale of Turkey nearly 1.5 million properties, 58,189 properties were to the foreigner and this is the highest number since the middle of 2012.
The number of Turkish properties sold to the foreigner between 2013 and 2021:
12,181 Turkish properties sold in 2013
18,959 properties sold in 2014
22,830 properties sold in 2015
18,189 properties sold in 2016
22,189 properties sold in 2017
39,663 properties sold in 2018
45,483 properties sold in 2019
40,812 properties sold in 2020
58,576 properties sold in 2021
The development of Turkish properties sales for foreigners in 2021:
January 2712 properties
February 2964 properties
March 4285 properties
April 4077 properties
May 1776 properties
June 4748 properties
July 4495 properties
August 5866 properties
September 6630 properties
October 5893 properties
November 7363 properties
December 7841 properties
What are the expectations of workers in the Turkish property market for Turkish property sales in 2022?
The workers in the Turkish property market expect that Turkish property sales will keep increasing through 2022 for many reasons:
Start the end of coronavirus due to the continued vaccines in turkey and the world. And the expectations of weak the effect of the virus with time.
Turkey could solve a lot of problems that have faced in 2021 such as economic inflation and Turkish lira depreciation.
we will be in 2023 after a few months and this year is very important for turkey because it is the centenary of the foundation of the Turkish state which means the increase in Turkish properties prices.
Financial Istanbul city will be open in 2022 in Ataşehir- Asian Istanbul and it will be the capital of financial Turkey.
TDA Turkey Dreams Apartment | KAMIRAN
TDA specializes in Turkey’s real estate market.
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Based on our long experience and vast knowledge; we set 5 main standards to evaluate each project, and not one project has yet to meet them by 100%.
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