Azerbaijani citizens reduce purchase of houses in Türkiye by about 20%

In January-February 2024, Azerbaijani citizens bought 112 apartments in Türkiye, Report informs, citing the Turkish Statistical Institute.

This is a decrease of 18.8%, or 26 apartments, compared to the same period in 2023.

Thus, Azerbaijani citizens ranked 7th in the top ten on the list of home buyers in Türkiye.

In February alone, the number of apartments bought by Azerbaijani citizens in Türkiye stood at 60, which is 5 apartments, or 7.7% , less than in February 2023.

Overall, 1,865 apartments were sold to foreign citizens in Türkiye in February 2024, representing a decrease of 44.9%, or 1,521 apartments, compared to the same period last year.

Most of the house buyers in Türkiye for February 2024 were Russian citizens, with 395 apartments.

The next place is occupied by Iranian citizens, with 200 apartments.

Meanwhile, the first 3 are closed by Ukraine. Last month, Ukrainian citizens purchased 105 apartments in Türkiye.