Turkish property sales surge.
Property sales to foreigners in Turkey skyrocketed by 151.1 percent year-on-year in September 2018, reaching 5,615 units, the national statistical body announced Friday.
The number of purchases by foreigners in the first nine months of this year has already surpassed the 12-month figures last year.
Whether you want to sell your residential property or buy a new real estate investment, a house or an apartment, your private Property Angel is here to help you find your dream home.
Property Angels – Success Together
During this period, foreigners mostly preferred properties in Istanbul, which led the way among other Turkish cities with 1,799 sales.
It was followed by the Mediterranean resort city of Antalya with 1,038, Bursa with 424, capital Ankara with 386 and Yalova with 333 sales, according to the Turkish Statistical Institute (TurkStat).
Official figures showed that most of the house sales were made to Iraqi citizens, who bought a total of 1,351 properties last month.
Iraqis were followed by Iranians with 538 house sales, Kuwait with 360, Saudi Arabia with 312 and Germany with 299 house sales, TurkStat said.
The figures also showed that foreigners acquired more than 24,000 residential properties in the country since the beginning of the year. In 2017, foreigners purchased over 22,000 properties in Turkey.
Overall, some 127,000 house sales were sold in Turkey in September – a decrease of 9.2 percent on a yearly basis, TurkStat said.
Istanbul had the highest share with 15.9 percent and 20,216 houses sold, followed by Ankara with 8.9 percent (11,368) and İzmir with 4.9 percent (6,207).
The number of mortgaged house sales throughout Turkey hit 11,330, decreasing by 72 percent compared to the same month of the previous year. House sales with a mortgage had an 8.9 percent share of all house sales in Turkey, the statistical body noted.
Meanwhile, around 750,000 residential properties were sold from January to September this year.
Last year, overall 1.4 million residential properties were sold in Turkey, a 5.1 percent annual rise from 2016.
Author – Staff
Original Publisher – Daily Sabah
Did you know? Your Property Angel offers you an all inclusive service whereby you will receive legal advice, sales and purchase solutions as well as the entire transfer process.
Get your real estate selling or buying process going on the right track today. Your Property Angel will then call you back either the same day or the next business day.
Simply complete the basic online form so that your Property Angel can call you for a brief chat.
Your Property Angel will highlight all the benefits and then you will fully understand why Property Angels is the smartest way for you to sell or buy your next residential property.
Property Angels is an online property portal that promotes residential property for sale across South Africa. You can buy, sell, list and find South African properties online. Find houses for sale in Johannesburg, Cape Town and Durban which are the three biggest cities in South Africa.
At Property Angels we will help you sell or buy your next house or home so that you can move on quickly and affordably.
Traditional Estate Agents do offer good service but you want so much more when it comes to selling or buying your next home.
Some of the top property companies online in South Africa include Private Property, Property 24, My Property, Property Fox, PropertyCoZa, Remax, Pam Golding, LeadHome, SA Hometraders, Gumtree and Property Angels.
Whilst most online property brands offer online visibility for Estate Agents South Africa, Property Angels offers online visibility for Attorney Realtor Agents South Africa.
Whether you have a property for sale or you are seeking a house to buy in the southern suburbs, Northern Suburbs, Eastern suburbs or Western suburbs, choose Property Angels as your attorney realtor property website in South Africa. Sell your property online through Property Angels.
Your dedicated Attorney Realtor will call you back today or the next business day.
Whether South Africa is in a buyer’s market or in a seller’s market, contact Property Angels today for quick and efficient online and face to face service.
List your house for sale with Property Angels. You can also find property to view, property selling tips and many other useful property and finance blog articles and property products bespoke to your needs. Buy and sell your private residential property through Property Angels. Allow Property Angels to become your chosen property website portal for your choice of homes to sell and homes to buy.