In the dynamic world of real estate investment, timing is often as crucial as location. One of the most opportune moments to invest is during what experts term the "buy zone." As Turkey embarks on its economic journey towards 2024 and beyond, the potential for real estate investment is immense.
Turkey has lofty ambitions and the Istanbul Finance Center is a landmark that represents both the success of infrastructure projects that have been deployed over the last ten years, as well as the foundation of vitality for decades to come. Find out more in this informative blog.
Today marks an historic starting point for the Istanbul Finance Center (IFC) in the Umraniye district on Istanbul’s Asian Side. Its grand opening is set to revolutionise Turkey's economy and the property market in Istanbul. It is gearing up to become one of the most prominent financial centers in the world.
As I arrived at Pierre Loti, a hilltop cafe overlooking the Golden Horn, I couldn't help but feel a sense of palpable excitement. Today, I am doing due diligence on a new residential development project on the banks of the Golden Horn, or the Little Bosphorus as it is known for it’s similarities to its larger neighbour.
Do you want to move abroad and obtain a second passport? Turkish Citizenship by investment in real estate, also called the Turkish golden Visa, offers unique and attractive opportunities to access Turkish passport benefits while investing in Turkey's real estate economy. For foreign investors, investing in Turkish property provides stability, mobility and global opportunities.
Turkey has a growing economy, with a rapidly increasing young population and a growing number of large companies. But is it a safe place to nurture a business investment? Sustainable Foreign Direct Investments (FDI) have been in high demand in Turkey over the past few years and that trend will continue going into 2023 and beyond.
Located on Istanbul’s European Side, Ataturk Airport occupies some of the finest, well connected, and vast land within the city limits. The total area of the holding amounts to 8.5 million m². The future allocation of that 8.5M for the “People’s Park” project will be around 5.2M m². The other 39% will be reserved for Military, Cargo, and other aerial needs of the government.
If you are wondering how to get a Turkish passport by buying property, look no further. Turkey offers an investment program under Turkish citizenship law that brings you the passport, visa-free travel, and many other benefits at the same time. As an investment real estate agent with offices all over Turkey, we can guide you in the right direction when buying a house, making the application, and knowing what the passport gets you in return. This article covers the Turkish Citizenship by investment option, so all future citizens are fully knowledgeable in all aspects.
If you are researching the easiest countries to buy property abroad, put Turkey on your list, of places to invest in. This vast country covering more than 783,000 square kilometres is the world’s 37th biggest and now, is attracting real estate investors and holiday homes buyers for many reasons, of which the simplicity is one.
For international property investment, the Turkish real estate market is awash with opportunities. Nationalities of buyers included Iraqis, Iranians, Russians, Brits, Germans, and other European and Asian people. So, as you can see, Turkey delivers the goods, whether this is the Turkish Citizenship by investment scheme or capital appreciation potential.
With its growing economy, stable political landscape and strategic location at the crossroads of Asia and Europe, Turkey's favourable investment landscape is attracting more and more foreign investors.
In our business as real estate agents, we are often asked about the cost of buying property in Turkey. It varies depending on what you want to buy and where. For all our clients, when they choose the home they want to buy, we provide a full payment plan of what costs are due, when to pay them and how much they are. The general rule is to budget around 8% of the purchase price to cover all one-off costs of buying Turkish real estate.
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