In August 2014, foreigners bought 1,774 houses and apartments in Turkey, which exceeds July figures twofold. Among leaders were investors from the UK, Russia and Germany. The major part of real estate in Turkey was bought by foreigners in Antalya on the Mediterranean coast (591 objects) informs the ee24.com citing the "Antalya today."
In the overseas buyers demand rating, Antalya is followed by Istanbul (511 objects sold in August 2014), Mugla (133), Bursa (96), Aydin (92), Mersin (70), Yalova (64), Ankara (38), Sakarya (29) and Trabzon (28). Another 121 properties are located in other regions of Turkey.
How many foreigners have bought property in Turkey in 2014?
In total, foreigners have bought 11,754 properties in January-August 2014, which is 62% more than in the same period of 2013. Purchasing geography is as follows:
1. Antalya – 4,284 objects
2. Istambul – 3,444
3. Aydin – 753 (Aegean coast)
4. Mugla – 688 (leading coastal areas of Bodrum and Marmaris)
Citizens of which countries own property in Turkey?
As for August 2014, foreigners owned 111,579 objects of Turkish real estate. Such statistics was published by the Ministry of Environment and Urban Planning in Turkey. Among leaders are residents of the following countries:
1. The Great Britain – 34,355 houses and apartments
2. Russia – 11,770
3. Germany – 10,144
4. Norway – 7681
5. Ireland – 5,532
6. Denmark – 5,118
7. The Netherlands – 4,811
8. Sweden – 3,326
9. Iraq – 1,650
10. The Turkish Republic of Northern Cyprus – 1,262
The top-10 buyers own 85,649 properties, or 76.8% of all "foreign fund" in Turkey. Foreigners mostly settle in Antalya on the Mediterranean coast (Alanya, Belek, Kas, Kemer, Side and others): there dominate citizens of Russia (9,396 objects), Norway (6,985), Germany (5,828), the Great Britain (5,481) Denmark (4,527), the Netherlands (3,222) and Sweden (2,587).
Aegean coast is very popular among buyers from the UK. 14,852 properties is owned by British in Mugla (Bodrum, Marmaris, Fethiye, Milas, Gocek, Dalyan, Oludeniz and Dalaman), and 12,892 objects in Aydin (areas of Didim and Kusadasi).
The Germans with their 834 objects are the largest real estate owners in Istanbul among foreigners.