In July 2026, Ukrainian citizens purchased 145 residential properties in Turkey and ranked third among foreign homebuyers in the country, according to data from the Turkish Statistical Institute (TÜİK) published on August 13.
Russian citizens purchased the most residential properties among foreign buyers in July—394 properties. Iranian citizens ranked second with 189 transactions, while Ukrainians ranked third with 145 properties.
Thus, Ukrainian citizens accounted for approximately 6.8% of all residential property sales to foreigners in Turkey that month.
However, compared to June, activity among Ukrainian buyers declined slightly. In June, Ukrainians purchased 170 properties and tied for second place with Iranian citizens. In July, the number of transactions by Ukrainians decreased by approximately 15%, but Ukraine remained among the top three foreign buyers of Turkish real estate.
In total, 2,120 residential properties were sold to foreigners in Turkey in July, which is 1.9% more than in July of last year. Foreigners accounted for 1.7% of total residential property sales.
At the same time, the overall situation in the Turkish real estate market was significantly worse: in July, 123,603 thousand houses and apartments were sold in the country—17% fewer than a year earlier. Sales of new housing fell by 8.6% to 42,529 thousand units, while sales of resale housing dropped by 20.8% to 81,074 thousand
Thus, demand from foreign buyers in July appeared more stable than in the domestic market. However, over a longer period, foreign demand remains lower than last year’s levels. From January through July 2026, foreigners purchased 11,203 thousand residential properties in Turkey, which is 7.3% less than during the same period in 2025.
Ukrainians have maintained a strong presence in the Turkish real estate market for several years now. In 2025, Ukrainian citizens also ranked third among foreign buyers, purchasing 1,541 thousand residential properties. Ahead of them were Russians, with 3,649 thousand transactions, and Iranian citizens, with 1,878 thousand.
For comparison: in 2024, Ukrainians were also among the top three foreign buyers, purchasing 1,631 thousand properties.
Thus, despite a slight decline in July compared to June, Ukraine remains one of the three largest foreign markets for Turkish residential real estate, alongside Russia and Iran.
Foreign buyers purchased $45.3 billion worth of residential real estate in the U.S. between April 2025 and March 2026, a 19.1% decrease from the previous 12 months, according to a report released by the National Association of Realtors (NAR) on July 29, 2026. The number of properties purchased by foreigners fell by 14%—from 78,100 to 67,100. This is the second-
lowest figure since 2009, when the NAR began tracking these statistics. The median purchase price was $465,000.
NAR Chief Economist Lawrence Yun attributed the decline in activity to an overall reduction in international tourism and travel to the United States. According to him, even a slight weakening of the dollar, which boosted foreign buyers’ purchasing power, was unable to offset high prices and limited housing supply.
Among foreign buyers who abandoned planned transactions, 33% were unable to find a suitable property, 28% found prices too high, and 19% encountered difficulties related to immigration regulations. High mortgage rates, inflation, trade policy, and geopolitical uncertainty placed additional pressure on demand.
Canadian citizens accounted for 16% of all foreign purchases, acquiring 10,700 properties worth $5.2 billion. Mexico ranked second with a 14% share and 9,400 transactions totaling $5 billion.
Buyers from China dropped from first to third place in terms of the number of purchases, accounting for 11% of foreign demand. However, they retained the lead in total transaction value at $7.6 billion. The average price of a property purchased by Chinese buyers was approximately $1 million.
The top five groups of foreign buyers also included citizens of India, with a 9% share and $3.7 billion in transactions, as well as the United Kingdom—4% and $1.2 billion, respectively.
Florida retained its status as the most popular destination for foreign buyers, accounting for 20% of all transactions. California accounted for 19%, Texas for 12%, and New Jersey and Georgia for 4% each. Foreign buyers continued to focus on the higher-end segment of the market. The median price of the homes they purchased was $465,000, compared to $413,600 for all existing-home transactions in the U.S. About 15% of foreign buyers purchased properties valued at over $1 million. Nearly half of the transactions—48%—were paid for entirely in cash, while among all U.S. homebuyers, this figure stood at 28%. Foreign buyers purchased about half of the properties for vacation use, rental income, or a combination of these purposes.
According to NAR statistics, foreign buyers include both non-residents who permanently reside outside the U.S. and recent immigrants and holders of non-immigrant visas who have been living in the country for more than six months. Non-residents purchased 29,500 properties worth $23.5 billion, while foreign nationals residing in the U.S. purchased 37,600 properties worth $21.8 billion.
The National Association of Realtors (NAR) brings together professionals in the residential and commercial real estate markets. The study of international transactions is based on a survey of association members and has been published annually since 2009.
Installment plans with extended repayment terms offered by developers are in high demand among home buyers and are an alternative to state mortgage programs, Ukrainian developers told Interfax-Ukraine.
“In 2024-2025, we are seeing an increase in the share of customers who choose long-term interest-free installments from KAN Development. This is due to increased buyer confidence in the future, especially given the improved security situation in Kyiv. The ‘єОселя’ and ”єВідновлення” programs have had a limited impact on our sales so far. Most customers choose other financial solutions, in particular, our own programs,” said the press service of KAN Development.
In recent years, there has been a growing demand for longer installment plans, noted Irina Mikhalova, CMO of Alliance Novobud. In addition, developers are offering programs with reduced down payments.
“At the start of construction, we can offer longer installment terms—12, 24, or 36 months. This is because, as a rule, installments are provided until the project is commissioned. We also frequently receive requests from buyers to reduce the down payment, which can be either 10% or 50%,” the expert said.
The Kovalskaya Group’s internal installment plans offer a fixed price per square meter for up to five years with a down payment of 30% of the cost of the home. According to the company, an individual approach to the buyer’s needs is practiced.
“Installment plans have become more flexible: if a customer realizes that they will not be able to make monthly payments, we are open to dialogue and ready to work together to find a convenient solution. It is possible to agree on an individual schedule, for example, to increase the installment period, temporarily reduce the amount of payments with a subsequent return to standard payments, carry out restructuring, exchange an apartment for another area or in another construction project,” explained the developer.
The company “RIEL” in the second launch complex of the capital’s Brother project offers buyers to purchase housing in installments until the facility is put into operation in the second quarter of 2028, said Alla Chipak, coordinator of the sales departments of “RIEL” in Lviv. In addition, in some residential complexes, the down payment has been reduced to 10% of the apartment’s cost.
Given the popularity of the developer’s renovation option, Intergal-Bud also offers the possibility of paying for renovations in installments along with the apartment, said Anatoliy Kovrizhenko, sales director at Intergal-Bud.
According to the DIM group of companies, developer lending programs with extended installment terms are an alternative to state mortgage programs with loan amount limits. The company has its own financial programs, under which the down payment is 30% of the cost of the property, and the installment term is up to five years.
In addition, DIM offers a long-term installment program of up to 10 years.
“In early June, we launched a long-term installment program in hryvnia for a term of 10 years, with the possibility of early repayment, a fixed price in hryvnia, a fixed price per square meter in the contract, without reference to the exchange rate or market price increases, with a fixed interest rate of 10% per annum in hryvnia and a down payment of 30%. It was planned to launch as a pilot project for two months, to test it in large complexes of quarterly development such as Metropolis, Lucky Land, and Park Lake City. However, we received quite a few inquiries from buyers, which turned into real deals, so we continued the program until the end of the summer,” said DIM managing partner Alexander Nasikovsky.
The applicant for the purchase of Idea Bank (Lviv) and New Finance Service LLC (NFS, Kyiv) informed the bank and company’s parent Getin Holding S.A. (Poland) that it will not submit a binding offer to purchase them, according to a report from Getin Holding on the Warsaw Stock Exchange.
“Due to the end of the talks, the exclusivity for negotiations granted to the bidder has expired,” the holding said.
“[The Board] has decided today to continue the process of selling Idea Bank Ukraine shares and participation in NFS, while deciding to entrust Rothschild & Co with further activities aimed at selling 100% of Idea Bank Ukraine shares and 100% share in NFS, including in particular, conducting talks and negotiations with other potential investors,” Getin Holding said.
As reported, Getin Holding S.A. (Wroclaw) on February 5 signed an agreement with a Ukrainian buyer for the sale of 100% of the shares of subsidiary Idea Bank (Lviv) and 100% of the shares of NFS. According to market sources, Alfa Bank was the likely buyer of the bank, but officially this information has not been confirmed.
Idea Bank (formerly Plus Bank) was founded in 1989. According to the National Bank of Ukraine, as of January 1, 2021, Idea Bank ranked 25th in terms of total assets (UAH 7.914 billion) among 73 operating banks.
NSF is engaged in debt recovery, financial and insurance intermediation.
