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Number of Russian citizens purchasing real estate in Turkey increases

Türkiye Materials 18 September 2019 12:45 (UTC +04:00)

Baku, Azerbaijan, Sept. 18

By Rufiz Hafizoglu - Trend:

In January-August 2019, Russian citizens purchased 1,691 real estate properties in Turkey, which is 676 real estate properties more than in the same period last year, Trend reports referring to the Turkish General Directorate of Land Registry and Cadastre.

According to the general directorate, in January 2019, Russian citizens purchased 195 properties in Turkey, in February - 236, in March - 156, in April - 202, in May - 285, in June - 190, in July - 215, and in August - 212.

In August 2019, 110,500 real estate properties were sold in Turkey, which is 5.1 percent more compared to August 2018. In this month, 3,604 properties were sold to foreigners in Turkey, which is 6.8 percent less compared to August 2018.

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Follow the author on Twitter: @rhafizoglu

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