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Number of property buyers in Turkey set to increase

Posted on 18 April 2012

Istanbul, 16 April 2012 – With Turkish property sales to foreigners set to reach 2.5 billion USD Turkey intends to reach even more foreign buyers through a series of roadshows. Turkey is currently changing the law of reciprocity to allow citizens of all countries to buy property in Turkey. The President of the Association of Real Estate Investment Companies said “We are planning to promote Turkey’s real estate sector and investment opportunities to foreign buyers by organizing roadshow activities in countries like Malaysia, Singapore and Qatar”. The legislation is currently passing through the Turkish parliament and is expected to become law shortly. Source: Invest in Turkey

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