Are you looking for flats available in Turkey? Join us! Many buyers are drawn to Turkey, especially the world town of Istanbul when it comes to buying residential properties.
In reality, the number of houses sold in Turkey climbed in September 2017, setting the course for the country to win against the revenue record of 1.3 million properties marketed in 2016.
Turkey’s Growing Real Estate Market
An apartment in Turkey is in enormous demand nowadays. TurkStat has estimated more than 140 thousand homes were offered in September this year. This produces a Y-O-Y growth of 28.8 percent. The amount is 16.7% greater than over the previous month.
It’s a buyer’s market this season with several foreigners and expats rushing to buy flat in Turkey for sale. Consider that the number of foreigners buying homes in Turkey rose by 75% this September. If you are willing to buy an apartment in Turkey, you can find various details regarding same on
In the past year, 18,819 possessions were offered to expats. But the initial 9 months of 2017 have seen as many as 15, 241 properties sold. This features a year annually 147 percent increase in Istanbul real estate sales.
Back in September, approximately 1/3rd of those 2236 properties sold to foreigners were out of the east meets west city of Istanbul. Following Istanbul, Antalya had been in second place. As many as 520 homes were snapped up by thieves in this Turkish town.
Growing Number of Foreign Buyers
If you would like to purchase an apartment in Turkey available, you’re in good company. The leading buyers of all properties in Turkey spanned from Iran, Saudi Arabia, Kuwait, Russia and the UK. The figures show a massive tendency of Middle Eastern nationals investing in Turkey. EU nationals are also choosing to call Turkey their own residence.
The figures imply a brand new record may be in the offing for Turkish property. It was in 2016 that the Turkish home sales hit an all-time high, with sales reaching 1.3 million. The number of residential properties offered was more than one million units within the first nine months. Pros are even predicting 2017 could see the selling of 1.5-2 million homes.