The number of property purchasing transactions with foreigners in Turkey has reached new record highs. Since January to November 2014 there were 17,104 transactions made, which by 59% exceeds the results of 2013 (10,740 transactions). On average, in 2014 foreign investors bought about 1,554 properties per month, the ee24.com informs citing milliyet.com.tr and Statistical Agency of Turkey (TÜİK).
Antalya and Istanbul were the most popular regions among foreigners. About 12,070 transactions were made in these two regions (about 71% of all sales to foreigners). Province of Aydin became the third most popular place to buy property in (1,104 transactions), there are located, for example, the popular resorts of Didim and Kuşadası. In general, property in Turkey was asked by investors from Europe, Russia, the Arab world and the countries of south-east Asia.
Read also:
Wonderful Turkish real estate: prices rise, but sales fall