{"id":14455,"date":"2022-02-08T14:47:36","date_gmt":"2022-02-08T14:47:36","guid":{"rendered":"https:\/\/luxurygroup-tr.com\/en\/?p=14455"},"modified":"2022-06-23T10:52:58","modified_gmt":"2022-06-23T10:52:58","slug":"the-turkish-real-estate-market-turkey-is-the-first-in-europe-in-real-estate-sales-in-2021","status":"publish","type":"post","link":"https:\/\/luxurygroup-tr.com\/en\/the-turkish-real-estate-market-turkey-is-the-first-in-europe-in-real-estate-sales-in-2021\/","title":{"rendered":"Turkey on the top in Europe in real estate sales in 2021"},"content":{"rendered":"

Despite an unprecedented economic crisis, Turkey managed to stay on top in the global real estate market with a growth rate of 21.7% as per the global economic growth index in 2021, making it a highly-sough destination for real estate investors from all over the world.<\/b><\/p>\n

For the recent couple of years, we\u2019ve all seen how the Covid-19 Corona pandemic has caused one of \u2013 if not \u2013 the most damaging economic global crisis which the whole world had not witnessed for decades.<\/span><\/p>\n

Nevertheless, the Turkish economy was able to stand firm during even the hardest of those times. Despite this never-seen-before economic crisis, the <\/span>economy in Turkey<\/i><\/b> managed to be on top in the global economic growth index, as Turkey came in second after Britain among the most economically growing countries of the Organisation for Economic Co-operation and Development (OECD) in the second quarter of 2021, with a growth rate of 21.7%.<\/span><\/p>\n

Turkey has also recently witnessed a great demand from Arab and foreign investors who are searching for a profitable <\/span>real estate investment in Turkey<\/i><\/b> and started to <\/span>invest in Turkey<\/i><\/b> and buy <\/span>real estate properties for sale in Turkey<\/i><\/b>, especially in Istanbul.<\/span><\/p>\n

In 2021, 1.5 million properties were sold in the <\/span>real estate market in Turkey<\/i><\/b> according to the reports of the Turkish Statistics Authority, ranking Turkey the first in the European real estate market.<\/span><\/p>\n

Moreover, according to the 2021 statistics of the Turkish Statistics Institute, the sales of <\/span>real estate in Turkey<\/i><\/b> by foreigners increased by a large percentage, as shown below:<\/span><\/p>\n

\"\"<\/p>\n

Turkish cities with the highest real estate sales in December 2021:<\/b><\/p>\n

1.Istanbul:<\/b><\/p>\n

Istanbul came on top of the Turkish cities in terms of the <\/span>properties for sale in Turkey<\/i><\/b>, with 39,026 sold properties, accounting for 17.2% of the total <\/span>real estate sales in Turkey<\/i><\/b>.<\/span><\/p>\n

2.Ankara:<\/b><\/p>\n

Ankara ranked second, with 21,481 sold <\/span>real estate properties in Turkey<\/i><\/b>, which accounts for 9.5% of the total <\/span>real estate sales in Turkey<\/i><\/b>.<\/span><\/p>\n

3.Izmir:<\/span><\/p>\n

Izmir came in third, with 13,386 sold properties, representing 5.9% of the total <\/span>real estate sales in Turkey<\/i><\/b>.<\/span><\/p>\n

Turkish cities with the lowest real estate sales in December 2021:<\/b><\/p>\n

1.Bayburt: 127 sold properties<\/span><\/p>\n

2.Ardahan: 68 sold properties<\/span><\/p>\n

3.Hakk\u00e2ri: 44 sold properties<\/span><\/p>\n

Highest real estate buying nationalities in Turkey in December 2021:<\/b><\/p>\n

\"\"<\/p>\n

In 2021, <\/span>real estate sales in Turkey<\/i><\/b> by foreigners increased by 43.5% compared to the sales in 2020.<\/span><\/p>\n

The Iranian nationality ranked first in terms of the <\/span>real estate investment in Turkey<\/i><\/b> in December 2021, buying 1462 properties.<\/span><\/p>\n

Iraqis came in second, buying 1,039 properties.<\/span><\/p>\n

The Russian real estate investors in Turkey, with a remarkable increase over the recent years, buying 885 <\/span>real estate properties in Turkey<\/i><\/b>.<\/span><\/p>\n

 <\/p>\n

Our renowned <\/span>real estate agency in Turkey<\/i><\/b>, Luxury Group, can assist you with everything you need to know about <\/span>real estate properties for sale in Turkey<\/i><\/b> so you can profitably <\/span>invest in real estate in Turkey<\/i><\/b>.<\/span><\/p>\n

We at Luxury Group in Turkey \u2013 as one of <\/span>the best real estate consultants in Turkey<\/i><\/b> \u2013 can help you grow your <\/span>real estate investment in Turkey<\/i><\/b>. Visit our website <\/span>www.luxurygroup-tr.com<\/span><\/a> to find out the latest <\/span>real estate prices in Turkey<\/i><\/b> and discover the <\/span>best areas to buy properties in Turkey<\/i><\/b> as well as the best offers for your different needs for <\/span>life in Turkey<\/i><\/b>,<\/span> tourism in Turkey<\/i><\/b>,<\/span> business in Turkey <\/i><\/b>or <\/span>investment in Turkey<\/i><\/b>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Despite an unprecedented economic crisis, Turkey managed to stay on top in the global real estate market with a growth rate of 21.7% as per the global economic growth index in 2021, making it a highly-sough destination for real estate investors from all over the world. For the recent couple of years, we\u2019ve all seen […]<\/p>\n","protected":false},"author":4,"featured_media":14456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-14455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"_links":{"self":[{"href":"https:\/\/luxurygroup-tr.com\/en\/wp-json\/wp\/v2\/posts\/14455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxurygroup-tr.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxurygroup-tr.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxurygroup-tr.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/luxurygroup-tr.com\/en\/wp-json\/wp\/v2\/comments?post=14455"}],"version-history":[{"count":1,"href":"https:\/\/luxurygroup-tr.com\/en\/wp-json\/wp\/v2\/posts\/14455\/revisions"}],"predecessor-version":[{"id":14459,"href":"https:\/\/luxurygroup-tr.com\/en\/wp-json\/wp\/v2\/posts\/14455\/revisions\/14459"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxurygroup-tr.com\/en\/wp-json\/wp\/v2\/media\/14456"}],"wp:attachment":[{"href":"https:\/\/luxurygroup-tr.com\/en\/wp-json\/wp\/v2\/media?parent=14455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxurygroup-tr.com\/en\/wp-json\/wp\/v2\/categories?post=14455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxurygroup-tr.com\/en\/wp-json\/wp\/v2\/tags?post=14455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}