Azerbaijanis reduce home purchases in Turkiye by over 12%

Azerbaijani citizens purchased 1,330 apartments in Turkiye in 2022, which is 187 units or 12.3% less than in 2021, Report informs, citing the Turkish Statistical Institute.

In December 2022, Azerbaijani citizens bought 139 apartments (53 apartments, or 27.6% less than in December 2021) in Turkiye.

During the reporting period, 68,210 apartments (+15.06%) were sold to foreign citizens, and 6,469 apartments (-18.42%) were sold in the past six months.

Russian citizens received the most housing in Turkiye. They bought 2,403 apartments in December 2022 and 16,312 in 2022.

The next place is occupied by Iranian citizens. Those from this country bought 675 apartments in the brother country last month and 8,223 in 2022.

Iraqi citizens had 345 apartments in December and 6,241 in 2022.