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- 2021-10-19 09:10 AM
- Economic News
25 most active real estate investment markets in the world
In new research that listed 25 most active real estate investment markets internationally, Turkey ranked 14th, surpassing countries such as Spain, Portugal and Greece thanks to their reasonable prices, growth prospects and stable tourism.
Sales of housing units to foreigners in Turkey increased significantly after the reciprocity law launched in 2013, which helped revitalize the country's real estate sector, which has emerged as one of the leading markets along the Mediterranean coast.
These laws and regulations have made the state more competitive and have also put it well placed in global research, as in the latest example.
The income generated from foreign real estate sales exceeded $6 billion in Turkey since the introduction of the reciprocity law, and breathe new life into the sector.
The sale of residential properties to foreigners reached 45,483 units last year alone, with demand increasingly diversified each year.
