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  5. Foreign Countries That Have Invested The Most In Turkey

Foreign Countries That Have Invested The Most In Turkey

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Recently, the rate of real estate purchases in Turkey has increased rapidly due to foreign investments.  Turkish law allows any foreign investor to benefit from the many advantages provided to them, such as tax exemption, services, and numerous facilities. In addition to that, Turkey provides any foreign investor with the stability that is required for a safe investment. 

The Most Foreign Nationalities That Have Invested In Turkey

Statistics and records that are taken from the Turkish Statistical Institution and the General Directorate of Real Estate, indicate an increased rate of foreign investments in Turkey all of which proves the continuous prosperity that the sector is witnessing, although many other international real estate markets witnessed a decline in their rates due to the recent economic recession caused by the ‘Corona Virus’ outbreak. The statistics indicate that in the first half of the year 2020, an estimated figure of 1,058 million real estate properties have been sold, a significant proportion of those numbers were purchased by foreigners for residential and investment purposes, ultimately this figure will continue to increase.

Below is a list of the nationalities that have purchased the most properties in the last 5 years:





For further information on the methods and advantages of the real estate sector, do not hesitate to contact your real estate advisor by filling out the following form:


Arab investors in Turkey

Generally, the Arabs have always had authentic and good relations with the state of Turkey. Due to the good relation ties, it was quite common for Arabs to also be amongst the popular investors in Turkey. Citizens from the gulf countries of Saudi Arabia, Kuwait, and the UAE have succeeded in acquiring a large share of real estate in Turkey. Statistics indicate that in the year 2017 an estimated figure of more than half a million square meters of real estate properties have been sold to the Gulf citizens and by the year 2018 the figure reached an estimate of 3 million square meters and expectations are that this figure will continue to increase. Figures also indicate that other nationalities from the Arab Nation have had a presence within the Turkish real estate sector, some of these investors are Egyptians, Algerians, and various other North African nationalities.

Due to our expertise in the real estate sector and as consultants, we at Homey Properties are always keen to provide our clients with exceptional investment opportunities. We are committed to providing our clients of various nationalities with the utmost support and guidance starting from finding the appropriate investment that fits their criteria to ensure you achieve the best possible investment return through that property. We offer our clients various packages of services which they can benefit from. We aim to ensure a satisfying and unique investment experience for all our clients.

Nationalities banned from real estate ownership in Turkey

The Turkish law stipulates that any foreign investor is to be treated as a Turkish citizen. Therefore, once a foreign investor including their family is granted Turkish citizenship, they can benefit from all the privileges, tax exemptions, and advantages that the government provides. 

Some countries remain banned from real estate ownership in Turkey, these nationalities are: 

These countries remain banned from real estate ownership for a variety of reasons, such as political conflict and tensions. Though there is an exception to every law and those holders of the above-mentioned nationalities are allowed to own a real estate property in Turkey in certain cases:



The Turkish cities that are attracting the most foreign investors

Since we’ve mentioned the top-ranked foreign investors, it’s most appropriate to mention all the charming cities that attract foreign investors. Istanbul is considered to be the leading city as it serves as the Economical Capital and is characterized by many touristic and authentic sites all of which have constantly fascinated foreign investors. Statistics indicate that in the year 2019, an estimated figure of 4,320 real estate properties has been sold. In light of all the economic recessions that the world has experienced due to the Corona Virus outbreak, statistics indicate that in the year 2020 an estimated figure of 150,000 real estate properties has been sold to citizens and foreigners. The Turkish city of Antalya is considered one of the most charming cities in Turkey, making it an ideal option to invest in. Numerous cities are considered ideally the perfect city to invest in, some of which are Ankara the capital city, Yalova, Mersin, Izmir, and Trabzon. Some statistics have indicated that in the year 2020 property sales have exceeded an estimated figure of 1,058 million. Therefore, owning a property in Turkey is a golden investment opportunity.

For further information on which cities are the best to invest in, do not hesitate to contact your real estate advisor by filling out the following form: