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Russian Buyers Drive Record in Turkey’s Home Sales to Foreigners

الثلاثاء، 19 يوليو 2022 07:31 م

Sales of Turkish homes to foreigners jumped more than 80% in June from a year ago to a record 8,630, thanks primarily to accelerating demand from Russian citizens since the start of the war in Ukraine.

Russians purchased 1,887 of the overall tally, and have now bought 5,849 homes in Turkey this year, making them the biggest buyers by nationality. In the Mediterranean resort of Antalya foreigners accounted for more than 30% of all home purchases, or 2,534 deals. Nationwide, foreigners snapped up 5.7% of total sales.