Germans and Britons dominate Turkish property market

Most of the foreign interest in the Turkish property market is coming from Germany and the UK, a media outlet has stated.

Today's Zaman described the European country as a hotspot of activity for property investors from all over the world.

However, the newspaper said the majority of those who are choosing to buy a residence in Turkey hail from Britain and Germany.

Furthermore, it revealed that investors from each respective country tend to be favouring the same locations as their fellow countrymen.

For example, it stated that Germans are primarily snapping up houses in Antalya, while Mugla is the most popular region with Britons.

Citing official figures, Today's Zaman added that about 73,000 foreign nationals now own real estate in Turkey.

The newspaper recently cited data showing that between 2003 and 2007, people from other countries spent more than £5 billion on Turkish property.

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