Real Estate in Turkey: Foreign Sales Peak in October 2019

Turkey's real estate sales to foreigners reached a peak in October, compared with sales in the previous months

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2019-11-19 Last update 2020-05-22

Real Estate in Turkey: Foreign Sales Peak in October 2019

Turkey's real estate sales to foreigners reached a peak in October, compared with sales in the previous months.

According to Anadolu correspondent from the Sector representatives, the number of homes sold to foreigners last October reached 4,272.

However, sales in the real estate sector in October rose by 2% compared to September.

The number of houses sold to foreigners since the beginning of this year until the end of last October reached 36 thousand and 197 houses.

During the first ten months of this year, Turkish home sales to foreigners rose 19 percent compared with the same period last year.

Real estate in Turkey

Real estate in Turkey: Iraqis first among foreigners buying houses

During the first ten months of last year, the number of houses sold to foreigners reached 30,431.

Representatives of the real estate sector in Turkey pointed out that the number of houses sold to foreigners this year may exceed 40 thousand houses. In particular, 39,663 houses were sold to foreigners during the last year of 2018.

Iraqis ranked first among foreigners buying houses in Turkey in October with 597 homes.

Iranians came second with 536, Russians third with 292, Germans fourth with 225, and Kuwaitis fifth with 182 houses.

In the first ten months of this year 2019, Iraqis also ranked first in the purchase of houses in Turkey, with 6,124 houses, followed by the Iranians with 4,160, the Russians third with 2,313, and the Saudis fourth with 1,840 houses.

Edited by: Imtilak Real Estate ©

Source: Anadolu

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