2024-01-22T10:55:05+00:00
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/ The Turkish Statistical Authority announced, on Monday, a 69% decrease in the rate of Iraqis purchasing Turkish real estate during the past year 2023.
The authority said in a table seen by Agency, “Iraqis bought 1,917 properties in Turkey last year, a decrease of 69% compared to the same period last year 2022, in which Iraqis bought 6,241 properties.”
She indicated that “Iraqis’ purchase of real estate in Turkey for the month of December amounted to 94 properties, a decrease from the same period in 2022, when it amounted to 345 properties.”
She pointed out that “Iraqis ranked third last year in terms of their purchase of real estate in Turkey after the Russians, who purchased 10,560 properties, and the Iranians, who purchased 4,272 properties. Then came the Ukrainians, who purchased 1,720 properties, and then Kazakhstan, who came fifth with 1,440 properties.”
Earlier, official Turkish data revealed that housing unit prices rose by about 1.9 percent since last November, recording 1,150.4 points.
Compared to the same month in 2022, the index recorded an increase of about 82.8 percent, according to data from the Central Bank of Turkey on the housing unit price index.
The price of a square meter in Turkey is about 30,318 liras, while the price of a square meter in Istanbul is 44,532 liras, in Ankara 23,291 liras, and in Izmir 35,465 liras.