attractiveness of Turkey’s housing market is showing the difference in housing sales to foreigners. With over 45,000 houses sold to foreigners in 2019, it was recorded as the highest year in history in terms of sales to foreigners. In the last quarter of the pandemic year in 2020, sales are expected to increase exponentially.
Especially with the regulations made in the last two years, incentives such as lowering the lower limit of citizenship and VAT exemption, and the investment opportunity created by the increase in foreign currency, on the other hand, a historical record was set in real estate sales. To international investors in 2019.
Turkey is one of the world’s fastest growing economies. If you’re a real estate investor, you might not want to miss the chance to be part of the growth of this burgeoning economic giant.