RECORD OF HOME SALES TO FOREIGNERS IN TURKEY WILL BE HAPPENED BY THE END OF THE YEAR

By the end of 2021, the sector will set a new record in real estate sales to foreign investors, thanks to the program of instant citizenship when buying a property for a certain amount, market players predict.

“As you know, the previous record was set in 2019, when 45 thousand units of residential real estate were sold to foreigners. And although at the end of 2020 a decrease in this volume was recorded by almost 10%, there is every reason to believe that in 2021 the indicator of 2019 will not only be repeated, but also overcome. Especially thanks to the citizenship program "- Halit Sonmez recalled that in 2013-2021. foreign investors have purchased 225 thousand housing units, of which the bulk of them has been literally in recent years.