Half of Iranians plan investment in Turkey and the UAE, new survey shows
More than 50 per cent of Iranians plan to invest heavily in the properties in Turkey and the UAE over the next two years, mainly for 'residential purposes,' said a new survey.
The primary motivation behind making these further investments were specified as both "residential" and "return-on-investment"; revealed the survey conducted by Reidin.com and Conovi, one of Iran's major online internet companies, on the tendencies of Iranians in their real estate investments.
Of those who joined the survey, 64 per cent said they already owned property in the UAE , while 72 per cent said they had similar property in Turkey, the survey stated.
According to the suvey, majority of the buyers were male (89 per cent), of which 54 per cent were married. The youth comprised 46 per cent of the investors, while those having full-time employment were 62 per cent and those who owned a bachelor's degree were 52 per cent.
About 15 per cent said Istanbul was their favourite choice, while 19 per cent opted for Dubai as the most preferred city, the survey added.