Kuwaitis are ranked fourth in terms of foreigners buying real estate in Turkey last May, according to new report.
21 June 2022, 12:00 AM
30 June 2022, 12:00 AM
The real estate data issued by the Turkish authorities show Kuwaitis ranked fourth in terms of foreigners buying real estate in Turkey last May, reports Al-Qabas daily.
Data issued by the Turkish Statistical Institution indicated that Kuwaitis bought 130 properties last May, ranking fourth, while Russians topped the list by purchasing 1,275 properties, and Iranians came in second place with 736 properties, then Iraqis with 617 properties.
The data added Istanbul topped the Turkish city selling real estate to foreigners last May, with 2,451 properties sold and followed by Antalya overlooking the Mediterranean with 885 properties followed by Mersin with 264 properties.
The sources indicated that real estate sales to foreigners increased 70 percent from January to May, compared to the same period in 2021, when 26,753 properties were sold.