According to official data released by the Turkish Statistics Agency (TUIK), property sales in Turkey to foreigners increased by an impressive 23.8% in October 2015 compared to the same period the year before, signalling the continued strength, growth, and appeal of the Turkish real estate sector to both foreign buyers and Turkish nationals.
Foreign Turkish real estate sales up 23.8 percent
Statistics show that a total of 18,428 properties were sold to foreign nationals in the first 10 months of 2015, resulting in an enormous 20% increase over 2014.
Turkish real estate in 2016 and beyond
After the election results in which Turks voted for continued prosperity, Property Turkey expects the number of real estate sales to only increase, as people who were unsure of investing pre-election are now expected to see purchase numbers and dust settle as reassurance of the Turkish market.