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.
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.
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.
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.
Citizenship by Investment (CBI) programs offer a unique pathway for acquiring a second citizenship through investment in the economy of the host country. These programs have gained immense popularity among high-net-worth individuals for reasons ranging from increased global mobility to enhanced personal security.
Airbnb has become a global phenomenon, connecting travellers with unique and affordable lodging options. However, despite its widespread popularity, some countries have chosen to block or impose strict regulations on Airbnb operations within their borders, including the USA, Japan, Spain, France, Australia, and many more. In 2024, Turkey introduced new Airbnb measures that will have a big impact on the way that short-term lettings operate in the country going forward.
The international standing of Turkey's contracting and technical consultancy sector stands as a testament to the strength of its companies. Fuelled by a combination of well-trained human capital, robust technical know-how, technological adaptation, extensive business experience, and disciplined operations, Turkey has become a formidable force in the global market.
Germany has emerged as a key player in supporting Turkey's economic growth through foreign direct investments (FDIs). This partnership has flourished over the years, with both the duration and number of German investments leading the way. Currently, more than 7,250 Turkish and German companies, united by German capital, are actively contributing to Turkey's economic landscape.
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