With over 20 years of experience in the real estate industry, Cameron Deggin is a recognised expert – successfully investing throughout Istanbul and assisting thousands of clients to do the same. His knowledge of Turkish real estate establishes him as a leading authority in the field. We sought his insights on the best investment segments in Istanbul's real estate sector.
International investors are flocking back to Turkey and are investing in local bonds and credit default swaps (CDS). This shift is driven by the country's impressive progress in monetary policy normalisation, according to analysts eyeing new opportunities for investment.
Turkey is finalising a new regulatory framework aimed at enhancing urban transformation financing and increasing housing supply, according to Treasury and Finance Minister Mehmet Şimşek. This regulation will enable real estate investment funds to directly invest in property development projects, a shift expected to alleviate housing market pressures and make housing more accessible.
Izmir, Turkey's third-largest city, stands as a vibrant testament to economic diversity and historical richness. With a booming economy fuelled by tourism, industry, and agriculture, Izmir generates an impressive national income of 60 billion dollars. The city’s per capita income surpasses 20,000 dollars, highlighting its affluence and ongoing appeal.
If you are searching for financial freedom, then the best books about property investment are invaluable for both novice and seasoned investors. These books provide insights on property deals, practical lessons, and analysis of property cycles and prices, catering to investors at every level of experience, regardless of your investment path.
Turkey's economy is navigating a delicate balance, with the government closely monitoring efforts to combat rising interest rates and inflation. Alongside monetary policy adjustments, there's a significant focus on trimming public expenditures while providing more incentives to boost productivity. Projections from the IMF suggest a notable decrease in inflation by year-end, with expectations of complete control by 2025.
When learning about the famous streets in Istanbul, expect nothing but the best. All prominent global cities have streets that put them on the worldwide map of fashion, gastronomy, tourism and real estate, and Istanbul is no exception. Whether you want to invest in prime real estate or splash cash on spending sprees, Istanbul's streets deliver.
Göktürk in Istanbul is rising to super stardom status on the real estate market, as more buyers flock to the offerings that seem a world apart from the main city centre. As buyers in Istanbul change their lifestyle preferences and turn away from the busy central districts, the family-friendly environment shines through, and the area is shining on buyers' radar.
In Turkish real estate investment, timing matters as much as location. The ‘Buy Zone’ is a key phase when property prices drop to their lowest following a previous cycle of growth. Knowing when a ‘Buy Zone’ is about to occur presents unique opportunities for investors to buy before a new wave of growth starts.
Deciding where to live dramatically impacts your life. With many factors like the cost of living, the real estate market, job opportunities, and lifestyle preferences, determining the ideal location for you and your family is overwhelming. Whether relocating for work, starting a family, retiring, or simply changing your current lifestyle, careful consideration is needed for this massive financial commitment.
According to data released by The UN World Tourism Organization, global travel has almost returned to its pre-pandemic peak with a total of 975 million people choosing to go abroad in 2023 – millions of those choosing Turkey as their preferred destination of travel with Istanbul officially being the most visited city in the world in 2023.
Turkey's start-up industry has been flourishing, becoming a significant hub of innovation and entrepreneurship in the region. The country's strategic location, combined with a young, tech-savvy population, has created the perfect foundations for start-ups and with that, unique opportunities for investors.
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