Sözcü: foreigners have halved the purchase of real estate in Antalya
In the first quarter of 2024, foreigners halved the purchase of real estate in Antalya (year-on-year). About it reports Turkish newspaper Sözcü with reference to cadastral statistics.
Since 2022, the flow of foreigners into the country has been increasing. Then foreign citizens purchased 22 thousand units of real estate in this resort, most of which (17.4 thousand houses and apartments) were purchased by Russians. Last year, this figure decreased to 12.9 thousand, while Russian citizens still predominated among other buyers.
This year the decline has continued. Foreign citizens bought 2.2 thousand properties in Antalya (48 percent less than the same period in 2023). Of these, 1.6 thousand acquisitions were made by Russians.
The publication explains the decrease in interest by the increase in the cost of apartments, products and services. The high cost of living no longer overshadows the availability of other benefits, such as the possibility of obtaining citizenship or a residence permit (residence permit).
Earlier it became known that Türkiye has expanded the list of documents for extending a residence permit. This list has been supplemented with the address of the national electronic notification system UETS. To receive it, you must submit an application to the post office. Foreigners who have an electronic signature can receive UETS online on a special website.
#Foreigners #buy #property #Antalya