President of Tehran Chamber of Commerce, Industries, Mines and Agriculture Masoud Khansari recently tweeted that Iranians’ investments in Turkish property market are growing because of Iran’s runaway inflation, lack of a clear economic outlook and poor state of investment.
Iranians purchased 4,600 homes in Turkey during the first eight months of 2021 to top the list of foreign property buyers.
Latest figures released by Turkish Statistical Institute indicate a 20.79% growth in the number of housing units purchased by Iranians during the period, compared with the previous year’s 3,808 housing units.
The number is also the highest, compared with the corresponding period of the previous years.
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