Istanbul properties are the most purchased by foreigners last year
The number of properties sold to foreigners in Turkey registered a remarkable increase last year, with 22,234 properties sold across Turkey, the increase was 22 percent compared to 2016, and the total value of properties sold to foreigners was $ 4.6 billion.
Istanbul ranked first in terms of apartments sold to foreigners with a total of 8 thousand and 182 properties, followed by Antalya with a total of 4 thousand and 707 properties.
Iraqis came first in terms of the number of foreigners who bought real estate in Turkey with a total of 3,080 properties, followed by the Saudis with a total of 3,255 properties, followed by Kuwaitis with a total of 691 properties, followed by Russians and Afghans.
In general, a total of 1,409,314 apartments were sold in Turkey last year, thus, the real estate sector recorded an increase of 5.06 percent compared to 2016.