The number of properties sold to foreigners in both the cities of Istanbul and Antalya increased significantly during the last year 2017, according to a new report issued by Agence Press.
The number of properties sold to foreigners in the city of Istanbul last year in 2017 reached about 8 thousand and 182 properties, while Antalya registered about 4 thousand and 707 properties.
Foreigners bought a total of 22,234 properties throughout Turkey last year, an increase of 22 percent year-on-year, increasing the total value of properties sold to foreigners to $ 4.6 billion, while the number of properties sold to foreigners in 2016 was about 18 thousand And 189 properties, a decrease of 20 percent, compared to the year 2015.
Yalova, Trabzon, Aydin, capital Ankara, Skariya, Mugla and Mersin were among the other Turkish cities that witnessed an increase in the number of real estate sales to foreigners during the last year 2017.
The Iraqis occupied the first place among the most foreign nationals who purchased real estate in Turkey, where they bought a total of 3, 805 properties throughout Turkey during the last year 2017, followed by the Saudis with 3 thousand and 345 properties, and Kuwaitis with a thousand and 691 properties, followed by Russians with a thousand and 331 Aqara, the Afghans with a thousand and 78 properties, then Azerbaijan with 942 real estate, and the British with 794 real estate, then the Germans, the Iranians, and the Egyptians.
In general, the real estate sector in Turkey recorded an increase in sales during the last year 2017 by 5.06% compared to 2016, where a million and 409 thousand and 314 apartments were sold during the last year.
During the first month of 2018, the number of foreigners coming to buy apartments in Turkey increased by 25.7 percent, compared to the same month last year 2017, where the purchase of a thousand and 742 apartments.