Turkish Property – Foreigners purchase nearly 40.000 Properties in 2018
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The total number of Turkish properties sold to foreigners last year was 39.663, up by a staggering 73.5% on the previous best year of 2015, when 22.830 properties were sold.
The top 2 preferred investment destinations were, as always in recent years, Istanbul and Antalya, with 14.720 and 7.983 properties sold respectively – other provinces that recorded significant numbers of sales were Bursa, Ankara and Yalova.
Middle eastern countries dominated the purchase by nationality chart, with the top 5 buyers coming from Iraq, Iran, Saudi Arabia, Russia and Kuwait – these 5 countries accounted for almost 50% of total sales.