Turkish Second Home Market Gets Its Groove Back!
Figures recently released by the Turkish Statistical Institute show that property sales to foreigners are once again moving in an upward direction.
In the first 7 months of the year, foreigners purchased a total of 11,321 units. This is the second highest 7 month total for the last 5 years , suggesting that the recovery of the Turkish second home market is well underway.
From January to July, foreigners purchased a total of 11.231 properties, primarily in Istanbul, Antalya (including Alanya) and Bursa. The highest 7 month total (in the last 5 years) was in 2015, with a total of 12.380 purchases.