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House sales to Foreigners in İzmir

Posted by david on 10 July 2022
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House sales to Foreigners in İzmir

According to the data of the Turkish Statistical Institute (TUIK), 3 thousand 298 house sales in Izmir in May 2021 increased by 117.1% in May 2022 and became 7 thousand 159. Housing sales to foreigners in İzmir increased by 194.6 percent.

The number of houses sold for the first time in İzmir increased by 116.0% compared to the same month of the previous year and became 1,853. The share of the first sale in total house sales in İzmir was 25.9%.

Second hand house sales in İzmir increased by 117.5% compared to the same month of the previous year and became 5 thousand 306. The share of second-hand house sales in total house sales in İzmir was 74.1%.

Mortgaged house sales in İzmir increased by 155.3% compared to the same month of the previous year and became 1,884. 26.3% of the houses sold in May were mortgaged sales.

109 residences were sold to foreigners in Izmir in May
Housing sales to foreigners in İzmir in May increased by 194.6% compared to the same month of the previous year and became 109. In May, the share of house sales to foreigners in total house sales in Izmir was 1.5%. Istanbul took the first place in house sales to foreigners with the sale of 2 thousand 451 houses. Antalya was followed by Antalya with 1,885 house sales and Mersin with 264 house sales, respectively.

Buca is the first in house sales
The highest number of residential sales in İzmir in May 2022 was realized in Buca. While 926 houses are sold in Buca, one of the districts with the highest number of house sales, Buca is followed by Karşıyaka with 673 house sales, Torbalı with 621 house sales, Menemen with 532 house sales, Bornova with 506 house sales, Konak with 496 house sales and 447 house sales. Karabağlar was followed by Çiğli with 406 house sales, Bayraklı with 292 house sales and Seferihisar with 218 house sales.

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