Turkish home sales to foreigners on the rise
Foreigners bought 1,774 homes in Turkey in August, a twofold increase from the same period last year, with Britons, Russians and Germans topping the list of buyers.
Turkey’s sun and seas continue to lure foreigners from colder climates. At the peak of the summer season in August, foreigners bought 1,774 homes in Turkey, a twofold increase from the 840 purchased the same month in the previous year.
The largest number of those homes, 591, was in the Mediterranean province of Antalya, Turkey’s tourist hub and a favorite destination of Russians, followed by Istanbul with 511 homes, Mugla with 133, Bursa with 96, Aydin with 92, Mersin with 70, Yalova with 64, Ankara with 38, Sakarya with 29 and Trabzon with 28. The remaining 121 homes are in other provinces.
In the first eight months of the year, foreigners bought a total of 11,754 homes, compared to 7,238 for the same period in 2013. Antalya again topped the list, with 4,284 homes, followed by Istanbul with 3,444, Aydin with 753 and Mugla, with such popular resorts as Bodrum and Marmaris, with 688.
Top 10 buyers and favored locations
