Politics

Iraq ranks fourth in Turkish real estate purchases in July – Shafaq News


2024-08-19T09:51:58+00:00

Shafaq News/
On Monday, the Turkish Statistical Institute announced that Iraqis ranked
fourth among the countries that purchased Turkish real estate last July.

The
Institute reported that house sales decreased by 16.1% from July 2023, with
2,350 houses.

Most
purchased houses are in Antalya (878), Istanbul (752), and Mersin (218).

The report
reveals that Russians topped the list of foreign real estate buyers in Turkiye
in July, acquiring 485 homes. Iranians secured the second position with 151
homes, followed by Kazakhstan (122 homes), Iraq (118 houses), Azerbaijan (88
houses), Saudi Arabia (69 houses), China (69 homes), and the USA (56 homes).

Since 2015,
Iraqis have topped Turkiye’s list of countries purchasing homes. However, they
fell to second place after Iran at the beginning of 2021 and third place since
April 2022 due to the Russian dominance in the Turkish real estate market.





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