123,000 foreigners own immovable property in Turkey

November 16, 2011, Wednesday/ 14:58:00/ TODAY'S ZAMAN WITH WIRES

A total of 123,000 foreigners own 113,687 immovable properties in Turkey, the Anatolia news agency reported on Wednesday.

Most foreigners with immovable property prefer Turkey's resort cities, such as Antalya, Muğla and Aydın, besides the cities of İstanbul and Bursa, according to data obtained by the Land Registry Directorate General.

These immovable properties cover an area of 86.1 million square meters.

Antalya is the most popular city among foreigners who want to buy immovable property. A total of 41,184 foreigners have 32,057 immovable properties in Antalya.

British, German and Greek citizens own the most immovable properties in Turkey. A total of 35,656 British citizens own 25,177 immovable properties, followed by 28,306 Germans with 37,233, and 10,859 Greeks with 9,989 immovable properties.

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