Mars Investment

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MaRS Investment Accelerator Fund Inc.

Turkey eyes $7.5 bln in property sales to foreigners

Expecting a total amount of nearly $7.5 billion in sales to foreigners this year, the Turkish property market ranks among the top 10 in the world, according to an executive of a sectoral association.

"Foreign real estate buyers' interest in Turkey has soared in the last two years," said Hakan Bucak, a board member of the Real Estate International Promotion Association (Gigder).