Over the past few years, Turkey has made a major breakthrough in the quality of its healthcare system.
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.
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.
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).
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.
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.
Turkey is a popular destination for buyers looking for hot deals on resort property, luxurious urban abodes and historical buildings to renovate. With prices rising year on year, it might be worth checking out our guide to buying property in Turkey.
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.
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.
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