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Record highs in real estate prices

investment in turkey
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Turkish real estate markets increased by selling to foreigners during the period of four months and a record rate of 82%

In the first four months of 2019 , sales of residential real estate in Turkey to foreigners increased by 82 percent compared to 2018 sales .

According to data obtained from some real estate experts in Turkey, the number of apartments sold to foreigners during this period reached 13 thousand and 338 apartments , while last year , 7 thousand and 341

Istanbul was the first country to sell apartments to foreigners during the same month , with a thousand and 839 apartments , and the second area followed by the list is Antalya in second place with 676 apartments .

The third city of Ankara was in the list with 210 apartments . Bursa came fourth in sales and the percentage of sales was 201 . Yalova was in fifth place and sold 142 apartments . Trabzon ranked sixth and achieved sales of 100 apartments .

In the first list of foreigners who bought houses in Turkey from April through April , the number of homes sold reached 533 , followed by the Saudis , who are sold in apartments and 395 apartments . The list of Iranians ranked third , The apartments sold in 332 , and finally the Kuwaitis came in fourth place and the number of apartments sold to them was 202 apartments

Turkey has provided a package of incentives to foreign investors in Turkey , especially owners of real estate properties , and gave them Turkish nationality in return for buying the property, starting from $ 250 thousand dollars

According to the new law , the foreigner is able to obtain Turkish nationality when buying a property in cash, and the real estate within the unfinished housing projects worth not less than 250 thousand dollars, or equivalent in Turkish only .

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