The Turkey sea property oriented buyers from Britain bought sea property in Turkey in Antalya, showed a recent research. Data from the Land Registry General Directorate shows that a total of 1,206 properties were sold to foreigners in the first quarter of this year - and 588 were sold to Brits.
Sales were halted last July following a Constitutional Court decision to annul a bill on property sales to foreigners. However, with a new Land Registry law - which came into effect from January - sales have picked up considerably. Based on data compiled from the first week of January 2006 through to mid April, 1,565 foreign nationals bought 412,000 square meters of real estate - with the majority bought by foreign buyers.
The number of foreign nationalities buying in Turkey has also increased (to 24). During the survey period, 588 UK buyers purchased 420 properties, with most preferring the south of Turkey; Germans bought 258 (second out of the 24), followed by the Irish, Dutch, Norwegians, Belgians and Greeks. These foreign buyers also bought in 30 cities over the last three months, with the majority of sales made in Antalya (where 875 foreigners bought 637 pieces of property), and many in places like Aydın, Muğla, Istanbul, Mersin and Izmir.