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...Qatar's satrapy in Asia Minor...in 2019, according to a
Despite an overall drop in Turkey's housing sales, a total of 45,500 residential units were sold to foreigners in 2019 - a 14.7 percent increase on the previous year.
Iraqi citizens bought the most homes of any foreign nationals, purchasing 7,596 units. They were followed in number by Iranians, Russians, and Saudis, Daily Sabah reported on Wednesday, citing the
In December 2019 alone, Iraqis bought 900
Nazmi Durbakayim, head of the Istanbul Constructors Association, said he expects 2020 to be a lucrative year for a
"The index of confidence in the construction sector, which declined from 94% to 68% in 2019, seems on the rise again," he said.
Ahmet Erkurtogu, deputy head of the
"Housing sales have topped the 100,000 mark in recent months, and exceeded the 200,000 mark last December for the first time."
"We can sell around 1.2-1.3 million housing units in 2020 again, we aim to sell 60,000 units to foreigners in 2020," he underlined.
Buyers from Arab countries have been among the top purchasers of
Arab buyers owned 11.2 million square meters of land in Turkey in February 2019, Birgun news outlet reported the environment and urban affairs minister Murat Kurum as saying in December.
Turkey and Iraq conduct a significant amount of wider trade. Trade volume between Ankara and Baghdad has hovered between $10-12 billion in the last few years; senior