Citizenship traps in Turkey! Way overpriced real estate

2 years ago
7

Find out more about Keith, my favourite real estate buyer's agent in Istanbul: https://thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-buyers-agent-and-renovation-team-in-istanbul/

Buying real estate in Istanbul Turkey is fraught with risks. There are many English-speaking agencies who try to sell you brand new apartments in developments, and promise you attractive yields. In most cases it is all smokes and mirrors, and the commission structures are massive for agents involved in such transactions. You end up overpaying by a very wide margin.

Timestamps:

00:00 In Istanbul looking for a new building as a real estate investment
01:08 The Rotana in Bomonti as a real estate investment, Istanbul
15:12 New studios near the mall of Istanbul as real estate investments
17:44 Buying new apartments vs buying old apartments in Istanbul, Turkey, as real estate investments

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DISCLAIMER

No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction.

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.

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