On 8 September, Tranio’s client Svetlana and her family bought a two-storey four-bedroom apartment on the secondary market of Alanya for 150,000 euro — the money Svetlana got after selling a two-bedroom apartment in the centre of Samara.
In the spring of 2021, Maksim, an investor from Russia, invested 3.2 million euro in a coastal villa in Bodrum. Revalued in June 2022, the villa has risen in price by 19% in euro. The investment did an excellent job at protecting the capital even without rentals. Maksim with his wife and child are spending their second season there, inviting friends and relatives, travelling to Turkey on a visa-free basis.
Just 5 years ago the vast majority (about 70%) of foreigners' applications for Turkish citizenship were based on marriage or naturalisation. Now the situation has changed and almost half of the applicants are investors and entrepreneurs. In this article, we will review all the ways to obtain Turkish citizenship and the reasons to obtain it, as well as go through the list of the required documents.
Vladimir recites how he and his wife have managed to pass under the old rules of Turkish citizenship by investment programme at the very last moment before the minimum threshold has been increased from 250,000 to 400,000 US dollars.
The key feature of instalment plans from Turkish developers is that they can be issued even for completed projects. An instalment period of up to three years and a down payment of 25–50% are typical conditions for the Turkish market.
I should warn you, my deal took place during a time of rapid change, not only in foreign policy and economics, but also in my personal life. Over the past 6 months, I have managed to do the following: decide against buying an apartment in Turkey; change my mind and buy it under the influence of external circumstances; change my plans for this apartment; get a job in another country (not Turkey).
What is a TAPU in Turkey? Registration of a TAPU in Turkey in 2022: what it looks like, main stages, terms of issue and costs.
There is an unusual situation in the Athens property market where investment flats are more profitable for long-term rentals than short-term ones. Here is why.
In August 2021, Tranio helped its client to invest €1 million in the construction of a German retirement home with an annual yield of 12%. Retirement homes in Europe are one of the most sought-after assets among investors today.
In 2020, a German developer informed Tranio they were interested in raising funds for the construction of a new senior-living facility. After comprehensive analysis and due diligence, we successfully guided several investors through the investment process, ultimately churning out attractive yields despite minimal risk.
Within the course of three years, one Tranio client experienced an inspiring uptick in the yields of his Berlin real estate investment. Between 2018 and 2020, the market value increased by 28%, and the property began to turn a profit immediately after its commissioning.
In 2021, Tranio helped its client to invest €1.7 million at an annual yield of 10% in a residential building in Berlin in the excavation phase with 75% of the apartments already being sold. The remaining risks were calculated and minimized by structuring the loan and additional guarantees from the developer.
In September 2021, a new migration law 4825/2021 came into force in Greece, which for the first time introduced the legal concept of a digital nomad. According to the law, Greece grants a national visa for 12 months to citizens who work independently or to employees who work remotely with employers and clients outside Greece. With the Digital Nomad Visa, it is possible to obtain a temporary residence permit for Greece.
Greek real estate is one of the most affordable among the European countries with an average property price under 1,600 euros per sq.m in the major metropolitan areas.
In this article, we have put together a complete guide on education in Turkey for foreigners, from kindergartens to advanced degrees and employment. Children can study free of charge in public kindergartens and schools, regardless of citizenship.
Property maintenance in Turkey is cheaper for owners than in most European countries, and the cost of living in popular Turkish resorts is lower than in Bulgarian ones.
Property Tax in Turkey: Taxation on the purchase, sale, rental of property and profit for foreigners (non-residents) in 2022.
Property prices in Turkey: overview of the housing market, real estate price comparison, house price in Turkey trends in 2022.