Property sales to foreigners in Turkey continue to soar in September

Property sales to foreigners in Turkey continued to rise in August, as a total of 1,684 houses were sold to foreign nationals with an 11.4 percent year-on-year increase, official data showed on Sept. 25. 

Iraqis were again the top buyers with 317 units in August, followed by Saudi Arabians with 198 units, Kuwaitis with 135 units, Russians with 95 units and Afghans with 81 units, according to data from the Turkish Statistics Institute (TÜİK). 

House sales to foreigners in Turkey soared 65.3 percent in July compared to the same period in 2016, mainly due to the high base effect from the failed coup attempt in July 2016. A total of 1,726 properties were sold to foreigners in July. 

http://www.hurriyetdailynews.com/property-sales-to-foreigners-in-turkey-continue-to-soar-in-september.aspx?pageID=238&nID=118388&NewsCatID=345