Business news from Ukraine

Business news from Ukraine

Ukrainians ranked second in terms of number of home purchases in Turkey in June 2025

19 July , 2025  

In June 2025, Ukrainian citizens ranked second among foreign nationals in terms of the number of properties purchased in Turkey. This is evidenced by recent data from the Turkish Statistical Institute (TÜİK). According to the published information, Ukrainians purchased 111 properties, second only to Russians, who traditionally remain the main foreign investors in the Turkish housing market, with 326 transactions per month.

Iranian citizens came in third place (109), followed by Iraq (97), Germany (95), Azerbaijan (71), Kazakhstan (66), China (54), the United States (41), and Palestine (40).

Experts attribute the growing interest in Turkish real estate to the following factors:

Visa-free travel and well-developed air links between Ukraine and Turkey;

Relatively low entry threshold: housing prices in Antalya, Alanya, and Mersin remain attractive compared to the European market;

The possibility of using housing as a means of preserving capital and as an evacuation address in the context of the ongoing war.

In addition, in June, Turkey saw an influx of buyers from Ukraine due to the active tourist season and investors seeking rental income in foreign currency.

Despite an overall decline in real estate purchases by Russians compared to the peak values of 2022–2023, Russians once again became the largest foreign buyers in Turkey in June 2025. This confirms the continuing trend of relocation, including permanent or temporary residence, against the backdrop of Russia’s international isolation.
Given the current geopolitical conditions and the attractiveness of the Turkish market, Ukraine may maintain its high position in the ranking of foreign buyers of real estate in Turkey in the coming months. At the same time, interest from Central Asian and Middle Eastern countries is also expected to pick up.
Overall, Turkey remains one of the leading destinations for real estate investment among citizens of the post-Soviet space.

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