4/6/2009

Russians show great interest in purchasing houses in Turkey

Haber Turk – Turkey, having welcomed 2.8 million tourists in 2008, has now become the favorite country for the Russians willing to purchase realty. The Russians, both eager to go on a holiday and to consider investment opportunities in Turkey as house prices decline due to the global crisis, headed to real estate offices. Houses by the seaside have become so popular in Russia that Pravda, one of the most favorite daily newspapers of Russia, posted an article titled “Purchase a house in Turkey”. Seref Saglam, Chairman of Istanbul Chamber of Real Estates, stated that the German and English have lagged behind the Russians in this year’s sales and said, “They are purchasing houses at prices varying in a range of EUR 50,000- 300,000.”
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