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Turkey sees increase in real estate purchases by Iranian citizens

Türkiye Materials 15 June 2021 10:06 (UTC +04:00)
Turkey sees increase in real estate purchases by Iranian citizens

BAKU, Azerbaijan, June 15

Trend:

Iranian citizens purchased 2,387 real estate properties in Turkey from January through May 2021, which is 57 properties more compared to the same period of 2020, Trend reports citing the General Directorate of Land Registry and Cadastre of Turkey.

In May 2021, Iranian citizens purchased 231 properties in Turkey, which is 22 properties more compared to May 2020, the report said.

In the first 5 months of 2021, 59,166 properties were sold in Turkey, which is 16.2 percent more compared to the same period of 2020, said a report of the directorate.

In May 2021, foreigners purchased 1,776 properties in Turkey, an increase of 106 percent compared to May 2020, the report reads.

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