Posted on 14 February 2011
According to figures released by the Land Registry General Directorate, 73,000 foreigners own 38.42 million square meters of real estate in Turkey.
Mugla has 12,865 foreign property owners, 10,039 of which are Britons. The amount of land owned by Britons totals 2.66 million square meters, according to the Land Registry.
In Istanbul 3,807 Greeks bought 3,804 pieces of property with a total size of 509,342 square meters. A total of 8,830 pieces of real estate are owned by foreigners in Turkey‘s biggest city. Greeks also hold the lead in foreign-owned real estate in Bursa. Of Bursa’s 5,241 foreigners 4,819 are Greeks, and they own 1.16 million square meters of property.
Today’s Zaman – 7 April 08 (Abridged)