In the first 10 months of the year, a total of 30,431 properties have been sold in Turkey to foreigners with a 69.8 percent increase compared to the same period of last year. Foreign investors paid on average TL 850,000 per property and TL 150,000 on interior design, white goods and other furnishing materials. Sector representatives predict that the foreigners investing in the Turkish property market have so far paid more than TL 4.5 billion (approximately $837 million) for household goods. In October, house sales to foreigners recorded an all-time monthly high and reached 6,276 with a 134 percent increase compared to the same period of last year.

Last year, a total of 22,234 houses were sold to foreigners. The real estate sector expects to sell 40,000 units to foreigners this year.