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Türkiye has attracted a lot of foreigners and venture capital funds, particularly for the rapidly emerging real estate environment in the country, and many of these funds had successful increase with high returns over the years.
As per the regulations published in the Official Gazette on September 18, 2018, foreigners who meet any of the desired criteria may be eligible for Turkish citizenship, subject to the decision of the President of the Republic of Türkiye.
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Foreigners who intend to extend their stay in Türkiye beyond the time limit specified in their visa, and those who require a visa exemption or intend to stay for more than ninety days must obtain a residence permit.
Prices of restaurants, food, transportation, utilities and housing are… Cost of living in Türkiye is, on average, 60.68% lower than in United States.
From flats in urban centers to villas in suburbs, there is a multitude of options to choose from when looking for housing in Türkiye.
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Our consultants will contact you for details and clarification of your expectations. We’ll be glad to help you find the best home.
Aside from the increased momentum in logistics, land available for the development of residential projects was at the top of investors’ lists in 2021, as residential sales numbers reached record highs, and these two sectors benefited from a lack of supply and robust growing demand.
Being the most populated country across Europe with 84.7 million population is one of the major factor that benefits retail demand. As well as population growth, shifts in consumer spending also favoured recorded growth in organized retail in Türkiye. Thanks to the shifting population; nearly one third of the consumer profile in Türkiye changes into individuals who are aged below 21 years, prefer spending rather than saving, always chasing for the innovation and ‘new’.
Despite having lower disposable income per household that is mainly occurred by depreciation in Turkish Lira in the recent years, Istanbul is one of the best opportunistic market in terms of forecasted retail sales growth total change and is competing with main mature markets such as London, Paris, Moscow and Madrid
While the recovery in retail spending across Europe is mixed as a result of the impact of the COVID-19 pandemic on local markets and the ability of governments to aim for a swift rebound in economic activity, the projected retail sales growth in Türkiye significantly outpaces some mature European markets such as Italy, the UK, Germany, France and Russia with an annual growth forecast of 2.4% between 2022 and 2024.
I recently sold a house with Veli and while this can be a very stressful process, I felt 110% confident by partnering with Veli. He was candid, provided great feedback, helped explain clearly all details and managed the actual sale negotiation brilliantly.
My wife and I had a dream of downsizing from our house in Konyaalti into a small condo closer to where we work and play in Antalya. Mahbube and her skilled team helped make that dream a reality. The sale went smoothly, and we just closed on an ideal new place we’re excited to call home.
Eje is an outstanding agent to work with. She is a skilled listener and negotiator, with very in-depth knowledge of the local markets. My husband and I listed two properties with her at the same time and while she sold one within a week, one took five months to sell.
