Foreigners own 35,000 houses in Antalya’s Alanya

Foreigners own 35,000 houses in Antalya’s Alanya

ANTALYA - Anadolu Agency

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The number of foreigners living in the Mediterranean district of Alanya in Antalya province increased by 7.3 percent from the previous year to 34,532 by the end of 2014, according to the district’s Land Registry Cadaster. 

Most properties were owned Russians at around 5,712, followed by Norwegians with 5,616 and Germans with 4,337. 

“We had concerns that there might be a slowdown in the property acquisition of Russians due to the economic problems in Russia, but we have not seen any decrease. Around a quarter of the sold properties were bought by Russians,” said Alanya District Governor Hasan Tanrıseven.

Also effective in the rise is local construction companies’ participation in promotional events abroad, especially in the Middle East, according to Alanya Contractors’ Association head Mustafa Küçüker. 

“We now see an increase in the number of houses being bought by Arabs,” Küçüker said.