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Due to its geopolitical position, Turkey is a country that is located at the point where Asia, Europe, and Africa come closest to each other and constitutes a transition zone between the countries in the region. Acting as a bridge between the Middle East and Europe, Turkey hosts people from various ethnic backgrounds. It has a consequent place in the real estate market with its strong economy, huge market, and ease of transportation advantages. In addition, it is a potential happy living space within the framework of the opportunities it offers in the health, tourism, and education sectors.
According to the data obtained as a result of the researches carried out by the Turkish Statistical Institute (TUIK), house sales throughout Turkey increased by 7.6% in September compared to the same month of the previous year and became 147 thousand 143. Especially Metropol cities such as Istanbul, Ankara, and Izmir have a giant share in this growth. In addition, foreign buyers have a huge role in this rapid development in the Turkish real estate market.
Again, according to the data of the Turkish Statistical Institute (TUIK), the share of house sales to foreigners in total house sales was 4.5%. On the other hand, house sales to foreigners increased by 25.8% in September compared to the same month of the previous year and became 6,630. In the number of foreign house sales, Iranian citizens reached the top with the purchase of 1,323 houses from Turkey in September, followed by the citizens of Iraq with 990 houses and the Russian Federation with 540 houses. While 2 thousand 995 houses were sold to foreigners in Istanbul, Antalya with 1,358 house sales and Ankara with 408 house sales followed the ranking.
Turkey is a country that directs the sector in the world with the importance given to investments and investors, and its real estate sales rates are improving day by day compared to their equivalents. With the many opportunities offered and many advantages, our country is a massive opportunity for investors and buyers in the real estate industry.
