Russian buyers drive record in Turkey’s home sales to foreigners

In the Mediterranean resort of Antalya foreigners accounted for more than 30% of all home purchases, or 2 534 deals. Nationwide, foreigners snapped up 5.7% of total sales.
Image: Simon Dawson/Bloomberg

Sales of Turkish homes to foreigners jumped more than 80% in June from a year ago to a record 8 630, thanks primarily to accelerating demand from Russian citizens since the start of the war in Ukraine. Russians purchased 1 887 of the overall tally, and have now bought 5 849 homes in Turkey this year, making them the biggest buyers by nationality. In the Mediterranean resort of Antalya foreigners accounted for more than 30% of all home purchases, or 2 534 deals. Nationwide, foreigners snapped up 5.7% of total sales.

© 2022 Bloomberg

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