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Saudis Are Third-Largest Real Estate Buyers in Turkey During Last Month



The number of foreigners buying properties in Turkey rose by 36.1% during last month compared to the same period last year. The number of properties purchased by foreigners in Turkey last month reached 2,415 apartments.

 

The Iraqis ranked first among foreigners in purchasing properties by 407 apartments, while the Iranians came in second place with 217 apartments, the Saudis ranked third with 206 apartments, and Russians came fourth with 165 apartments.

 

Istanbul came first among the Turkish cities in the foreign real estate purchasing by 854 apartments, followed by Antalya city by 595 apartments, Bursa city with 141 apartments, and Yalova city with 108 apartments.

 

The Turkish Statistics Department said in a statement published on Wednesday that 119,655 apartments were sold during the past month in all over Turkey, with an increase of 16.7% since April.

 

The statement added that Istanbul city ranked first in the apartment sales of by 20.061 apartments, followed by the capital Ankara city by 11.919 apartments, followed by wit 7.028 apartments.

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