Housing purchases of Azerbaijani citizens soar in Turkiye

From January through June 2022, Azerbaijani citizens bought 702 apartments in Turkiye, 109 apartments or 18.4% more than the same period last year, Report informs, citing the Turkish Statistical Institute (TURKSTAT).

In June alone, Azerbaijani citizens bought 131 apartments in Turkiye, 33 apartments or 20.1% less than in the same month of 2021.

During the first half of this year, 35,755 apartments were sold to foreign citizens in Turkiye, and in June, this number was 8,707. These figures are 72.3% and 80.4% more than a year ago, respectively.

In June, most of these apartments were sold to Russian citizens. Russians bought 5,849 apartments in Turkiye in January-June.

Iranian citizens followed Russians with 987 apartments in June and 4,884 in January-June.

The third in the ranking were citizens of Iraq. They purchased 807 apartments in Turkiye in June and 4,025 in the first six months of the year.