Sales of Turkish property to foreign buyers reaches $4.3B in 2014
Foreign real estate purchases in Turkey have reached more than $16 billion over the past six years, hitting an all-time annual high last year.
Foreign purchases of real estate in Turkey are increasing at a rapid pace. Last year, foreigners bought properties worth $4.32 billion, reaching an all-time annual high.
In the past six years, foreign real estate purchases amounted to $16.29 billion, including $1.78 billion in 2009, $2.49 billion in 2010, $2.01 billion in 2011, $2.64 billion in 2012, $3.05 billion in 2013 and $4.32 billion in 2014. In the first two months of 2015, the figure stood at $590 million.
