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Istanbul Real Estate renovation costs - exact breakdown
I spent time in Istanbul in February 2021 looking at real estate investments. I visited an apartment which was under renovation by Keith. I contacted Keith a few months later to have a look at the work he did, and to get an exact cost breakdown of the renovation.
This interview with Keith was filmed in mid-June 2021.
Meet Keith, my real estate buyer's agent in Istanbul who can find great deals on the secondary market, do renovations, and help you obtain Turkish citizenship: https://thewanderinginvestor.com/services/international-real-estate-services/my-real-estate-buyers-agent-and-renovation-team-in-istanbul
Contact Keith: keith@thewanderinginvestor.com
How to get Turkish citizenship: https://thewanderinginvestor.com/foreign-residencies/citizenship-by-investment-in-turkey-timelines-fees-and-traps/
Time Stamps:
00:00 Apartment in Istanbul before renovation
01:42 Tour of apartment AFTER renovation
04:20 Exact breakdown of renovation costs of the apartment in Istanbul
Cost breakdowns for:
- Demolition
- Cement rendering of walls/floors, smart screed of flooring
- Plastering and painting of walls
- Electric, complete renewal
- Lighting
- Windows
- Doors
- Ceramics for kitchen/washroom
- Flooring laminated parquet in the living room, corridor and bedrooms
- Water pipes/plumbing (complete renewal) + kitchen/ washroom/ radiators pipes
- Kitchen
- Washroom and kitchen accessories
- Heating system
Is investing in Turkey viable? https://thewanderinginvestor.com/economics/is-investing-in-turkey-viable/
Don’t fall for this Citizenship & Real Estate trap in Turkey: https://thewanderinginvestor.com/foreign-residencies/dont-fall-for-this-citizenship-real-estate-trap-in-turkey/
Investing in a city of 15 million people, with decent yields – and get a free passport: https://thewanderinginvestor.com/private-list-update/investing-in-a-city-of-15-million-people-with-decent-yields-and-get-a-free-passport/
My favourite low-fee brokerage for trading stocks internationally: https://www.interactivebrokers.com/mkt/?src=wanderinginvestory2&url=%2Fen%2Findex.php%3Ff%3D1338
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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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Great eBooks 📘📗📕
— Offshore Banking Options and other Solutions 2020:
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— Encyclopedia for Emigrants: https://thewanderinginvestor.com/ebooks/encyclopedia-for-emigrants/
— Easy Company Formation in 60 Countries: https://thewanderinginvestor.com/ebooks/easy-company-formation-in-60-countries/
— The Citizenship Encyclopedia: https://thewanderinginvestor.com/ebooks/citizenship-encyclopedia/
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With my Internationalization and Diversification Consulting* I help people aim for better yields, get better banking, explore interesting residencies, and increase their freedom.
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Do you have any international tax questions?
Get in touch with my tax experts, they can help you: https://thewanderinginvestor.com/international-tax-consulting/
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Tools and useful resources 🔧🔧🔧
My favourite low-fee brokerage for trading stocks internationally: https://www.interactivebrokers.com/mkt/?src=wanderinginvestory2&url=%2Fen%2Findex.php%3Ff%3D1338
— Store your gold and silver in Singapore: https://www.bullionstar.com/?r=665
— Great mining stock tips and research: https://independentspeculator.com/?ref=ladislasmaurice%40gmail.com
— Trade crypto: https://r.kraken.com/c/2334255/687190/10583
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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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