Britons Lead Property Purchase in Turkey
Posted on 2008-07-08 15:38:54
Britons lead in property purchases in Turkey The data from The General Directorate of Land Registry showed that the number of foreign nationals owning property in Turkey reached 69,781 at end-December 2006 from 37,681 in mid-July 2003.
According to data the number of Britons who own a property in Turkey rose to 17,443 from 2,964 in mid-July 2003. Thus, the increase in the number of Britons who invested in property became 488% over the period in question. In other words, Britons’ investments increased much faster than total investments in property by foreign nationals. The data showed that nationals of United Kingdom lead with 17,443 individuals or companies followed by the Germany with 15,337, Greece 13,839 and Holland 3.494. Nowadays, the Britons have been seeking other alternative overseas destinations like Turkey, 21 February 2007.
