Azerbaijani citizens increase property imports in Türkiye by over 17%

Between January and July of 2025, Azerbaijani citizens purchased 501 residential properties in Türkiye, Report informs, citing the Turkish Statistical Institute.

This figure represents an increase of 74 properties or 17.3% compared to the first seven months of 2024.

In July alone, Azerbaijanis bought 93 properties in Türkiye, which is 5 more than in July 2024—an increase of 5.7%.

In terms of monthly rankings, Azerbaijani citizens placed 6th among foreign buyers of real estate in Türkiye in July.

Overall, 11,342 properties were sold to foreign nationals in Türkiye during the January–July period, marking a decrease of 1,587 units or 12.3% compared to the same period in 2024.

In July, foreigners purchased 1,932 properties in Türkiye—down by 449 units or 18.8% compared to July of the previous year.

Russian citizens remained the top foreign buyers, acquiring 1,970 properties in the first seven months of the year. However, this represents a drop of 938 units or 32.2% compared to the same period in 2024.

In July, Russians bought 315 properties—170 fewer than the previous July, a decline of 35%.

Iranian citizens ranked next, purchasing 970 properties in the first seven months—down by 251 units or 20.5% year-on-year. In July, Iranians bought 152 properties, a slight increase of 1 unit or 0.7% compared to July 2024.

German citizens, who ranked fourth in property purchases in June, moved into the top three in July, surpassing Ukrainian buyers.

From January to July, Germans acquired 690 properties in Türkiye—27 more than in the same period last year, an increase of 4.07%. However, in July, they bought 135 properties, a decrease of 27 units or 16.7% compared to July 2024.

Overall, Azerbaijani citizens purchased a total of 866 properties in Türkiye throughout 2024.