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Real Estate Purchase of Foreigners Increased By 41.7 Percent in 2014, Reaching 4.32 Billion Dollars

Real Estate Purchase of Foreigners Increased By 41.7 Percent in 2014, Reaching 4.32 Billion Dollars

It’s been reported that real estate sales to foreigners increased by 41.7 percent, reaching 4.32 billion dollars
and apartment sales to foreigners increased by 55.6 percent, reaching 18,959 apartments.

“After 12,181 apartment sales in 2013, there has been a huge increase in real estate sales to foreigners” the report says. City
with highest number of apartments sold is Antalya with 6,542 apartments. 5,580 real estate sold to foreigners in Istanbul. Aydın, with
191 real estates came third. 51 real estates was sold in Muğla. Most increase compared to last year is in Istanbul.
March 2015