...

Real estate sales via mortgage lending increase in Turkey

Türkiye Materials 21 January 2020 18:32 (UTC +04:00)
Real estate sales via mortgage lending increase in Turkey

BAKU, Azerbaijan, Jan. 21

By Rufiz Hafizoglu - Trend:

Some 332,508 residential properties were sold in Turkey within mortgage lending in 2019, which is 55,688 more compared to 2018, Trend reports referring to the country’s General Directorate of Land Registry and Cadaster.

Most of the real estate was sold in Istanbul in 2019.

According to the general directorate, 55,819 real estate properties were sold via mortgage lending in Istanbul in 2019, which is 6,613 properties more than in 2018.

In Ankara, 40,380 properties were sold via mortgage lending in 2019, which is 8,533 properties more compared to 2018.

Over 1.3 million real estate properties were sold in Turkey in 2019, which is 1.9 percent more compared to 2018.

In 2019, 45,483 real estate properties were sold to foreigners in Turkey, which is 14.7 percent more compared to 2018.

---

Follow the author on Twitter: @rhafizoglu

Tags:
Latest

Latest