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There are pockets of very interesting real estate investments in Istanbul, but most new buildings marketed to foreigners are overpriced and have very low yields.
The way to make money in Istanbul real estate is to go into middle class neighbourhoods in the vicinity of rich areas, buy older apartments, and renovate them completely. The price per m2 is much lower, and the yields better.
If you buy for $250,000 worth of Turkish real estate, you and your family are entitled to Turkish citizenship. So not only can you make a good investment, but you create a great Plan B for yourself.
Get in touch with Keith: firstname.lastname@example.org
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The Wandering Investor travels around the world to explore a World of Opportunities and share his investment research. The goal is to help individuals reach freedom and prosperity through the use of internationalization & diversification strategies.
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Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.