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The number of foreign buyers of real estate in Istanbul increased 15%
18.05.2015

Over the past 12 months, the number of foreigners who have bought real estate in Istanbul, rose by 14.6%.The share of foreign buyers in the total number of real estate transactions in the city was 34%.Such data promulgated the Turkish Statistical Institute (TurkStat).Due to expanding infrastructure, new projects and cultural and historic charm, Istanbul attracts leading investors from around the globe.The share of transactions with a square meter in the city is 19% of all transactions on Turkey.Not only foreigners are looking at Istanbul houses and apartments. City extremely popular and among the locals.In March of 2015 real estate sales here increased by 32.4% compared with a year earlier.The growing number of real estate transactions promotes tourism boom in Turkey, especially in Istanbul.According to the Ministry of Culture and Tourism, the increase in the number of tourists in the city was 8.99%.

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