Azerbaijani citizens reduce purchase of houses in Türkiye by more than 37%

In 2023, Azerbaijani citizens bought 832 apartments (- 498 apartments, or 37.4%) in Türkiye, Report informs, citing the Turkish Statistical Institute.

In December alone, the number of apartments bought by Azerbaijani citizens in Türkiye was 52, which is 87 apartments, or 2.8-fold, less than in December 2022.

During the reporting period, 35,268 apartments (-48.3%) were sold to foreign citizens in Türkiye, and 2,077 apartments (-3.1-fold) last month alone.

Most of the house buyers in Türkiye were Russian citizens, with 10,560 apartments this year and 527 in December.

The next place is occupied by Iranian citizens, with 205 apartments in November and 4,272 in January–December.

Citizens of Iraq purchased 94 apartments in Türkiye in December and 1,917 apartments in 2023.