Germans top Turkey foreign real estate purchase

Germans had purchased most of the real estates in Turkey followed by British and Austrian nationals.

Germans top Turkey foreign real estate purchase

World Bulletin / News Desk

Following a new arrangement in Turkish reciprocity law, 11,008 foreigners bought 10,687 real estate properties in Turkey in 9 months time.

According to information received from Turkey's Environment and Urbanization Ministry, even though it has been only 9 months since the law took effect, foreigners bought high number of real estates in Turkey.

Germans had purchased most of the real estates in Turkey followed by British and Austrian nationals.

German citizens purchased 2,557 real estates.

British bought 1,302 and Austrians bought 352 real estates in Turkey.

After the law came into effect, the US, Saudi Arabia, Russia and Turkish Republic of Northern Cyprus (TRNC) started to have interest in buying real estates in Turkey.

Last Mod: 27 Şubat 2013, 13:15
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