Many people have written 2020 off as a year to forget. But for Property Turkey, it's been one to remember. Enquiries have never been greater, and the market has seldom been as buoyant. Senior investment consultant at the company explains why the time is right to buy - and why waiting could see you priced out of the market.
Istanbul’s iconic status makes it a high rolling global metropolis. Ranking alongside the likes of Rome, Milan, Paris and New York, its title as Turkey’s most significant and busiest city sees millions of tourists descend on it every year. Its vibrant history has a notorious reputation, and while these days are more peaceful, it is still a bustling hub of tourism business, educations, arts, culture, fashion and food.
Bomonti, Bostanci, Kadikoy and Eyup: to outsiders these Istanbul suburbs don't mean much. To us, however, they represent fortunes made - or lost - in Istanbul's fast-moving property market. Learn the kind of insider information that sets us apart from our competitors, and creates wealth and opportunity for our investors.
The Turkish government has announced it's opening a series of offices aimed at helping people invest in Turkey to gain citizenship, obtain residence visas and more. It's the latest in a line of measures aimed at increasing foreign direct investment and boosting the lira, which has lost almost half its value against the dollar this year.
We get a lot of questions at Property Turkey, and perhaps the most common query is: how can I get everything I want in a lifestyle property, as well as ensuring a nest egg for the future? Our Istanbul expert Murad fields a question from Roberto, a potential buyer from Italy, looking for an investment property that's also ideal for a young family.
Across the world, one common complaint about city living is that it loses its intimacy. However, builders in Istanbul, the most forward thinking and advancing city in Turkey have found a way around this. Knowing their heritage like the back of their hand, they are incorporating the traditional community features into the large skyscraper buildings springing up all over the city. So, the social traditions are still there; they just look different.