Wednesday, May 10, 2006

A total of 1,206 pieces of property were sold to foreigners in the first quarter of this year. Showing that even the temporary withdrawal of the rights of foreigners to buy Turkish property did little to dampen enthusiasm in the market.

According to data provided by the Land Registry General Directorate and reported in Turkish Daily News, from Jan. 7, 2006 through to mid April, the total number of properties sold to foreigners was 1,206.

More and more different nationalities are purchasing in Turkey. The figures show citizens from 24 countries bought real estate there, though British buyers are still the most committed to Turkish property . During the period in question 588 British citizens, most preferring the south of Turkey, bought 420 pieces of real estate, followed by the Germans, Irish, Dutch, Norwegians, Belgians and Greeks.

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