Kirill approached Tranio with a request to find investment property in Dubai. He had already been living in two cities — Moscow and Dubai — for the past few years. This spring, our client made the final decision to settle in the UAE, buy an apartment there and relocate his business to the Emirates.
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.
In April, due to a particularly high demand the UAE government relaxed a number of rules regarding the issuance of residence permits to foreigners.
Many foreigners buy property in Dubai during the construction phase in order to benefit from the growth of its value after the building’s commission. Tranio's client Stanislav did the same and chose for his investment an under-construction project Safa Two by DAMAC. Stanislav bought four apartments worth several million US dollars and closed the deal remotely.
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.
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).
Initially, Maria and Arthur viewed Dubai only as one of possible locations where they could invest in real estate and earn high yields.
In April, at the start of sales in a boarding house under construction in Alanya, Tranio's clients and employees bought several apartments in the 50,000–60,000 euro price range with a rental yield of 7% per annum in euro.
In early 2022, Tranio was approached by Denis, an entrepreneur from Moscow, who wanted to invest in real estate in Dubai. Denis made a decision fast and closed the deal remotely in the shortest possible time. Now he is applying for a residence permit in the UAE.
In March 2022, Sanzhar, a finance expert from Kazakhstan, invested in overseas property for the first time. Initially, he looked towards European markets but opted for a property in the UAE. In an interview given to our editorial team, Sanzhar shared his experience of property hunting in Dubai during the rush of demand and explained the roles of Tranio’s manager and partners.
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.