...

Türkiye figures out local real estate purchased by UK citizens in 1Q2024

Türkiye Materials 23 April 2024 09:55 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
Read more

BAKU, Azerbaijan, April 23. UK citizens bought 119 real estate properties in Türkiye from January through March 2024, which is 46 less year-on-year, Trend reports via the Turkish General Directorate of Land Registry and Cadastre.

The general directorate's data shows that UK citizens purchased 37 properties in Türkiye in March this year, 28 fewer than the previous year.

During the reporting month, 105,394 flats were purchased in Türkiye, down 0.1 percent year-on-year.

In the first quarter of 2024, a total of 279,604 apartments were purchased in Türkiye.

"This is 1.3 percent lower than the same period in 2023," explained the general directorate.

A total of 778 apartments were sold to foreigners in Türkiye in March 2024, a 47.9 percent drop year over year.

Foreign nationals purchased 5,685 residences in the country from January through March of this year, a 48 percent decline year-on-year.

Tags:
Latest

Latest