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I was pleased that the video is long. Your content is always interesting. I am so glad to have come across you in 2017. You've taught me so much from a distance. Thank you
I'm pleased to have your video on this topic, can i request you to make another video on 2nd option of Turkish citizenship where we have to buy real estate without any worth limit which helps to get one year resident permit which is renewable, furthermore we have to live 5 years in Turkey and then we can apply for citizenship ? Please make detail video on this topic. Thanks...
I liked how you were, concerned about the Turkish Lira and the properties able to with hold more value. I also liked how the Real Estate agent answered your questioned and not avoiding them. Loved the video overall.
THIS IS IT CHEIF! The way this was shot and pace of the video, the questions asked and conversation. Really might be the best video yet on the channel. Showing property around the world would be..... great! This is it man
@Elizabeth Boyd Probably TEXAS! There's no personal income tax in Texas or Florida. But Texas makes it up by having a property tax 2 to 3 times as high as California! And they have an excise tax on revenue for corporations that go over $1,180,000 in revenue, which for a corporation is pretty much income since corporations are usually taxed on PROFITS (after expenses) not income.
As a born and raised istsnbulian, I find this Keith guy very knowledgeable, not only in the realm of real estate, but also about turkey in the general sense. If he's a NC associate, and if their other associates are of similar caliber, I think you're on a great path
In May 2019 this apartment after conversion to us dollars was worth $250,000 us dollars. As of March 1, 2021 $1.00 us dollar is worth 7.29 turkish lira. Now 1,350,000 divided by 7.29 = 185,185.18 us dollars. Huge inflation.
I'm currently in IST. Big increase in Iranian and Arab(GCC) both as tourists and foreign investors. Most countries in the region don't offer citizenship. Actually met an Iranian selling his apartments in overpriced UAE to get citizenship by investment here.
@@jekrasist OK but im Sure you dont want to live in those districts . These are catastrophal poor areas. But good Locations are more expensive than in the UAE. You can Buy an Apartment For 600K in Burj Khalifa but you cant Buy Something Like this in Bebek , Nisantasi etc.
@@Ali-xq5lv well Üsküdar is one of the best places to live in Anatolian part of the istanbul and you can buy a 3+1 120m² apartment for 550-850k Turkish lira which is about 55-85k euros i lived there for 5 years and it's pretty secure and liveable
I find İstanbul to be a great city in terms of amenities and availability of goods and services but it is very crowded and stressful for long term living in my opinion. Great investment opportunities there but I find very good value and quality of life on the coast.
Andrew, you have done a great job with this video. I was in Turkey last month on vacation but this clip informed me at so many levels. Look forward to watching more of your videos.
Hey bro! Welcome to Istanbul :) I have been following you since your channel was pretty new. If you want to organize some events such as meetup. Just let me know!
Wow look at this professional intro clip! A couple of small tips: less pointing at people when you speak to them, and fewer sentences started with, "So, ". :). Lovely apartment. The information you provide is really useful; very glad I discovered your channel.
Andrew, I love your channel and I really like this concept; although I have a few words. I'm a Turkish citizen and I would strongly advise against investing in Turkey right now. Sure, real estate might have gained value thanks to all the foreign money coming in for the last few years; but the economic crisis is just around the corner. If you are a smart investor you should know that you can't go against the tide. Turkey's economy is based on construction projects that were fueled by the government. They continuously sold and disassembled every single value that the people of this country built over the years without building a single source of new income or investing in any technology. Turkey used to be one of the few countries which didn't need to import any food to feed its people for decades; now we're importing onions, potatoes and meat. When the construction sector finally collapses, it's gonna bring down every sector along with it. People already have trouble finding jobs at the moment and this is just the beginning. Our central bank doesn't have any USD reserves left. They are just trying to stabilize the value of TL by throwing everything they have at the fire, which will run out in a few months. This is not the worst part. If you're a clever investor and not a gambler, you should know the country you invest in must have laws and those laws must be enforced. Law in Turkey is just for the people in power, anybody who goes against them ends in jail. Turkey is not a state of democracy anymore. There's a strong possibility that any investment you make in Turkey can be unlawfully seized at any moment for a stupid reason like "You're aiding the FETO terrorists". Do your research about the state of the country before investing anywhere, just asking the real estate agent won't get you very far.
Cihangir is a great neighborhood with loads to see and do but it is not for families! In Turkey, it's best to buy because having more than one child may deter landlords from renting to you. Turkey is now investor friendly now but remember laws change suddenly or addendums to laws suddenly come into force that may contradict your investment yield regimen.
I adore the real estate agent, if he likes American woman I will be in Istanbul in December and looking for a place. I love Turkey down to the Mediterranean. Fabulous area...thank You.
I couldn’t help but notice how quiet it is outside. Nice for being in a city. Edited to add: There are far larger and nicer apartments for a similar price in the area. This one disappointed.
Interesting to watch this as a Turk! On the question of military service, there's no special category for citizenship by investment. But men aged 22 and above at the time of acquiring Turkish citizenship are exempt from conscription.
If you are ever in Istanbul again the Turks are known for many products, but I would sell many Turkish leather items. Some of the best quality leather products in the world. Petek 1855, Tergan, etc Nice leather jackets at Golden Horn leather and a little known tidbit about US style leather flight jackets, A1, G1, G2 styles etc is that the USAF in Incirlik did spawn Pops Leather which makes those styles and more.
Hello, thank you for your interest. You might like these videos also. th-cam.com/video/Y9L4VgiL0_Y/w-d-xo.html th-cam.com/video/lcSpFJ-dF2k/w-d-xo.html
Saying the Lyra is a bit volatile is like saying Siberia is a bit cold! ;) Throw in someone who knows nothing about monitary policy and threatens to expel the ambassadors of major trading and econcomic partners, and well, you have a 10.50 Lyra to Swiss Franc exchange. That said, I agree that a property in Istanbul is a sound investment. As was properly pointed out, even though the price in Lyra is skyrocketing, the actual price in foreign currency is actually fairly stable/appreciating. Interesting that the neighbor issue was brought up. In Turkey everyone needs to know everyone elses business and while usually they use it to try to help out from their hearts, they sometimes overstep their bounds. I have neighbors now that are complainging about my renovation but legally there isn't anything wrong so I tend to just ignore it....that is my constructor does! Today the big challenge for new construction and renovation is the cost of materials. That almost by itself has made previously completed projects very lucrative. Anyway nice video and info.
I am a Native New Yorker and Latina. Iwould take the citizin by investment offer because New York is so expensive and when i retire i want my money to go farher. i also want the medical benefits as Medicare in America is expensive for retirees.
Binge watching your channel and we bought your book , too. We aren’t wealthy but we are looking to exit the U.S. Hopefully we will be able to meet one day. Thank you for sharing your knowledge with us!
This is not a real investment property, running through the numbers would not give a nice result. $225K for buying a small old apartment in Istambul? That is absolutely crazy and could make sense only as a quick way to buy into citizenship
You should buy and rent it out, with payment by Bitcoin. Bitcoin will be far more stable than the Turkish Lira and Bitcoin has broad support in the country.
Istanbul and other Turkish coastline cities are big No Gone zone if you look at the places geologically and in context of time: Those cities are going to be victim to a lot of upcoming earthquakes.
As a person not following affairs in that region, I did some catching up research and I think there needs to be soul searching at this time to invest in Turkey, much less get Turkish papers. The Erdogan government is doing questionable things in its foreign affairs. Similar things that make Nomad Capitalist Americans want to dis-associate themselves from Uncle Sam, or Hong Kong people not want to invest in China. One might say, "treated best" but you should also "feel best". I feel sorry for the Turkish people, they deserve better.
I really like the topic of this video as well the questions are very useful. I might use those questions for if I look at properties outside of Europe. I mean you really want to look at your income and expenses in a specific country and see the differences there with other countries. You want to get a good picture of not only the property but as well you want to look at the value in history, present and have future expectations. Thank you for this video.
Hi Andrew, I just have a question for you please, if you don't mind me asking?, I have a fully furnished Apartment in Alexandria, Egypt that I would like to exchange it permanently to one of your apartments and pay the difference, is this something that you can consider?, I am from the US, and have difficulty selling it from the US, so I decided to exchange it. Please advise!. Holly
Need more information what do you think about the program which route is better bank $ deposit real estate or deposit in Turkish Lira New project which area or only stab Lish residency permit by buying $20,000 apartment because their requirement are not too much as compared to MM2H or Thailand residency also there is no residency program comparison to any other residency program as turkey
Excellent video Andrew, very informative and precise for those looking to invest or live in istanbul. I'm a Turkish and American citizen living in the US, but I will be moving back this year. The property that I am in the process of purchasing is on the Asian side and located in the town of Bostanci. Bostanci is a town of Kadikoy which I am from originally. I thought I would share and tell you how much I enjoyed the video. Thank you!
Great video. I love the idea of visiting Marmara. learning Turkish is buying some property. Please do more about Turkey, especially cultural immersion suggestions.
i think it's a best bet to consider Turkish citizenship as an option for now. It might not be a valuable passport ( due to no VOA in schenegan zone), But Turkey is a real country with it's strong underlying economy. I think if it could have a political stability, it is going to be a better option in this price, where you own the real estate. Could sell it, if you could find a buyer or atleast own something you could live in, unlike the donation based programs. Loved how you were touching the base in this interview. cheers!
Not the most amazing area, Nisantasi, Levent and Etiler is the place to buy. The first TL I bought was at 8000. I bought an apartment after the big earthquake in Nisantasi for 65,000 usd and went up to 400.000 usd, the timing to buy is important.
I was in Istanbul for a few months a week after the Coup attempt a few years back and had been considering purchasing at that time. Because of the uncertainty, I choose to not invest. The Lira has depreciated significantly since then, and from a currency standpoint, It seems like a reasonable time to get in the market. This property, in particular, looks great. I contacted the realtor Keith and am waiting for his reply. I think the key for me will be to find a short term rental friendly building to use the property when I choose and earn a rental ROI. Andrew, how did you like the layout of that property? Seemed like space was not used optimally?
Hello Andrew. Is it a good time to buy property in Turkey. Not primarily looking for a citizenship purposes but maybe a vacation home maybe in 10 years second home. Do you know a reputable real estate company in Istanbul. Appreciate all the help. Awesome videos. Thank you so much
How do you like this topic and video format? Would you like to see more of it?
Comment below with your suggestions or ideas.
Also, if you enjoyed this video, give it a thumbs up and click on the subscribe button.
I was pleased that the video is long. Your content is always interesting. I am so glad to have come across you in 2017. You've taught me so much from a distance. Thank you
You're welcome Simphiwe, glad to have you here. :)
Nomad Capitalist love it. More like this please.
This is really good original content. It has a lot of things I'm interested in; traveling, real estate and finance.
I'm pleased to have your video on this topic, can i request you to make another video on 2nd option of Turkish citizenship where we have to buy real estate without any worth limit which helps to get one year resident permit which is renewable, furthermore we have to live 5 years in Turkey and then we can apply for citizenship ? Please make detail video on this topic.
Thanks...
I liked how you were, concerned about the Turkish Lira and the properties able to with hold more value. I also liked how the Real Estate agent answered your questioned and not avoiding them. Loved the video overall.
THIS IS IT CHEIF! The way this was shot and pace of the video, the questions asked and conversation. Really might be the best video yet on the channel. Showing property around the world would be..... great! This is it man
Thank you for your feedback Cristopher!
I agree. I was positively surprised by this video
@@nomadcapitalist thank you for knowing my name haha. Love the work:)
@@nomadcapitalist How has this property appreciated today? Was it a good investment considering inflation in Turkiye today? Just curious.
$100 / year in property taxes!!! Wow. I pay that every 2 days. Starting packing
Why don't you consider Antalya? It has some great investment opportunities.
Fawaz Falah thanks
That's because of exchange rate
$50 a day in property tax? Where are you at California or new York?
@Elizabeth Boyd
Probably TEXAS!
There's no personal income tax in Texas or Florida. But Texas makes it up by having a property tax 2 to 3 times as high as California! And they have an excise tax on revenue for corporations that go over $1,180,000 in revenue, which for a corporation is pretty much income since corporations are usually taxed on PROFITS (after expenses) not income.
Looooving new format! So interesting. It’s like a traveling show but much better!
Мила Шахбазян Reminds me of House Hunters International 😀
Wait a real estate show without a petty couple fighting over stupid things like who gets the most closet space??? I am so confused!!
Matt Haze 😂🤣
He lives in that closet
Best comment ive read all day!!!
@@banningrandomaccsftw 😂
I thought he was awkward until he said, “That’s where we hide the bodies.” Then I trusted him. Turkey here I come!
1.35M Turkish lira is about US$220,000.
85 sqm: ~915 sqft
Free marketing on Andrew's channel: PRICELESS
😂😂😂
US$178,000 Feb 2021
$193,284 USD on February 21, 2021.
Better get in now before it skyrockets like Bitcoin! (Oops! My crystal ball just fogged up, I need a new one!)
@@sammiejordan9161 Lira down another 15% today March 22, 2021
@@2mc121 , I have learn that currency exchange matters before you invest in properties abroad, when you want to sell and getting out your monies.
@@judymckee5992 Appreciate the knowledge. I think I’ve been too focus on the entry point.
As a born and raised istsnbulian, I find this Keith guy very knowledgeable, not only in the realm of real estate, but also about turkey in the general sense. If he's a NC associate, and if their other associates are of similar caliber, I think you're on a great path
Keith helped me with my CBI and everything went very smoothly, he’s very efficient and a great guy !
Would love to see more of these - very educational
In May 2019 this apartment after conversion to us dollars was worth $250,000 us dollars. As of March 1, 2021 $1.00 us dollar is worth 7.29 turkish lira. Now 1,350,000 divided by 7.29 = 185,185.18 us dollars. Huge inflation.
There has been capital appreciation in lira terms as well that should be factored in.
The price of the property can easily keep going up to keep the dollar/Euro value.
Great format. Hands on and real time. Very informative and practical. Thanks.
I'm currently in IST. Big increase in Iranian and Arab(GCC) both as tourists and foreign investors.
Most countries in the region don't offer citizenship. Actually met an Iranian selling his apartments in overpriced UAE to get citizenship by investment here.
How overpriced is the UAE? And I also know that properties are given to foreigners as a 99 year lease correct?
@@Crusder1000
UAE isnt overpriced Istanbul is more expensive
@@Ali-xq5lv there are 1+1 60m² houses for 100k tl(€10k) in Istanbul 😃 I don't think Istanbul is more expensive than uae in general
@@jekrasist
OK but im Sure you dont want to live in those districts . These are catastrophal poor areas.
But good Locations are more expensive than in the UAE. You can Buy an Apartment For 600K in Burj Khalifa but you cant Buy Something Like this in Bebek , Nisantasi etc.
@@Ali-xq5lv well Üsküdar is one of the best places to live in Anatolian part of the istanbul and you can buy a 3+1 120m² apartment for 550-850k Turkish lira which is about 55-85k euros i lived there for 5 years and it's pretty secure and liveable
I was waiting for this type of content🤗 keep it up Andrew 🖒
I find İstanbul to be a great city in terms of amenities and availability of goods and services but it is very crowded and stressful for long term living in my opinion. Great investment opportunities there but I find very good value and quality of life on the coast.
Where on the coast do you recommend?
Agreed. Izmir / Cesme (on the Aegean Sea), and I also recommend Antalya on the southern coast along the Mediterranean.
Andrew, you have done a great job with this video. I was in Turkey last month on vacation but this clip informed me at so many levels. Look forward to watching more of your videos.
Super! Just LOVE Turkey. Istanbul is magnificent, one of my favorite cities, and Central Turkey is out of this world.
It really is!
Hey bro! Welcome to Istanbul :) I have been following you since your channel was pretty new. If you want to organize some events such as meetup. Just let me know!
Keith seems to be such a good person! I enjoyed watching you both
Timely for me. I will be in Istanbul early next year for the same purpose. Will lookup Keith.
Wow look at this professional intro clip! A couple of small tips: less pointing at people when you speak to them, and fewer sentences started with, "So, ". :). Lovely apartment. The information you provide is really useful; very glad I discovered your channel.
Do more videos like this
Love this!! As a moor Turkish property is at the top of the list.
I lived very close to this place last yr for a month...that was the best experience ever
Excellent content. Please do more videos like this.
Fascinating perspectives. Thank you.
Nice to see. Much need for today's time. Keep it up informed.
Andrew, are you not a bit hesitant in investing in places with quasi-dictatorships due to how fast the political and economic situations can change?
Andrew, I love your channel and I really like this concept; although I have a few words.
I'm a Turkish citizen and I would strongly advise against investing in Turkey right now. Sure, real estate might have gained value thanks to all the foreign money coming in for the last few years; but the economic crisis is just around the corner. If you are a smart investor you should know that you can't go against the tide. Turkey's economy is based on construction projects that were fueled by the government. They continuously sold and disassembled every single value that the people of this country built over the years without building a single source of new income or investing in any technology. Turkey used to be one of the few countries which didn't need to import any food to feed its people for decades; now we're importing onions, potatoes and meat. When the construction sector finally collapses, it's gonna bring down every sector along with it. People already have trouble finding jobs at the moment and this is just the beginning. Our central bank doesn't have any USD reserves left. They are just trying to stabilize the value of TL by throwing everything they have at the fire, which will run out in a few months.
This is not the worst part. If you're a clever investor and not a gambler, you should know the country you invest in must have laws and those laws must be enforced. Law in Turkey is just for the people in power, anybody who goes against them ends in jail. Turkey is not a state of democracy anymore. There's a strong possibility that any investment you make in Turkey can be unlawfully seized at any moment for a stupid reason like "You're aiding the FETO terrorists". Do your research about the state of the country before investing anywhere, just asking the real estate agent won't get you very far.
You ain't Turkish
This is so cool to see!!
GREAT QUESTIONS!!! GREAT INTERVIEW!
I absolutely love this video. I'd love to see the same thing in Tbilisi Georgia
Like always . The best NOMAD. Keep up the good work
As Non Turk and been to Turkey 🇹🇷 at several time PLEASE learn Turkish language before thinking to live or deal in Turkey.
Cihangir is a great neighborhood with loads to see and do but it is not for families! In Turkey, it's best to buy because having more than one child may deter landlords from renting to you. Turkey is now investor friendly now but remember laws change suddenly or addendums to laws suddenly come into force that may contradict your investment yield regimen.
Totally great agent. Very knowledgeable, no drama.
Biggest Airport in the World! Congratulations Istanbul
Thank you Andrew!
I adore the real estate agent, if he likes American woman I will be in Istanbul in December and looking for a place. I love Turkey down to the Mediterranean. Fabulous area...thank You.
This is a fantastic video. Great price for a great flat and view. Well done Andrew
Thanks Rodrigo!
I couldn’t help but notice how quiet it is outside. Nice for being in a city.
Edited to add: There are far larger and nicer apartments for a similar price in the area. This one disappointed.
Like Serbia, you have the same probs with Grafiti there in Istanbul. It's the one thing I don't like in Serbia.
wow, nice format Andrew, do more videos like this ,,thanks
The apartment could have been finished better.
The view makes up for the moderate finishings.
@@Incessuserro I don’t think so.
Interesting to watch this as a Turk!
On the question of military service, there's no special category for citizenship by investment. But men aged 22 and above at the time of acquiring Turkish citizenship are exempt from conscription.
People who acquire the citizenship by investment are *generally* exempt from conscription but their children are not.
@Ooga Booga then you gotta pick no more than one of:
- acquiring Turkish citizenship
- living in Turkey
5:26 there is where we put the bodies 😂😂
it might go straight to the Saudi embassy
This is a very good video. I had been to this area. The info in your video is very precise and helpful.
If you are ever in Istanbul again the Turks are known for many products, but I would sell many Turkish leather items. Some of the best quality leather products in the world. Petek 1855, Tergan, etc Nice leather jackets at Golden Horn leather and a little known tidbit about US style leather flight jackets, A1, G1, G2 styles etc is that the USAF in Incirlik did spawn Pops Leather which makes those styles and more.
Yes more like this please!
Hello, thank you for your interest. You might like these videos also. th-cam.com/video/Y9L4VgiL0_Y/w-d-xo.html th-cam.com/video/lcSpFJ-dF2k/w-d-xo.html
This is really great! Loved sharing this experience via video, please more of these? Can you take us to Georgia?
Saying the Lyra is a bit volatile is like saying Siberia is a bit cold! ;) Throw in someone who knows nothing about monitary policy and threatens to expel the ambassadors of major trading and econcomic partners, and well, you have a 10.50 Lyra to Swiss Franc exchange. That said, I agree that a property in Istanbul is a sound investment. As was properly pointed out, even though the price in Lyra is skyrocketing, the actual price in foreign currency is actually fairly stable/appreciating. Interesting that the neighbor issue was brought up. In Turkey everyone needs to know everyone elses business and while usually they use it to try to help out from their hearts, they sometimes overstep their bounds. I have neighbors now that are complainging about my renovation but legally there isn't anything wrong so I tend to just ignore it....that is my constructor does! Today the big challenge for new construction and renovation is the cost of materials. That almost by itself has made previously completed projects very lucrative. Anyway nice video and info.
Very informative and educational. Thank you Andrew!
Wow for less than 200k today... that's cheaper than buying apartment in sofia!!! I would buy it in a heart beat
that orchid behind you in your book sales pitch is magnificent
I am a Native New Yorker and Latina. Iwould take the citizin by investment offer because New York is so expensive and when i retire i want my money to go farher. i also want the medical benefits as Medicare in America is expensive for retirees.
Binge watching your channel and we bought your book , too. We aren’t wealthy but we are looking to exit the U.S. Hopefully we will be able to meet one day. Thank you for sharing your knowledge with us!
Glad to be of help, Brandi!
Awesome content, one of your best !! As a investment property I would run through the numbers on screen, ie Income vs costs and give us the yields.
This is not a real investment property, running through the numbers would not give a nice result. $225K for buying a small old apartment in Istambul? That is absolutely crazy and could make sense only as a quick way to buy into citizenship
You should buy and rent it out, with payment by Bitcoin. Bitcoin will be far more stable than the Turkish Lira and Bitcoin has broad support in the country.
Turkey is a totally great country. Istanbul is a fantastic city.
Can two properties totalling 250,000 dollars investment qualify for the CBI also?
Spray paint must be cheap there.
This is the video I've been looking for. Thank you.
Glad it was helpful!
do more of these tours
Istanbul and other Turkish coastline cities are big No Gone zone if you look at the places geologically and in context of time: Those cities are going to be victim to a lot of upcoming earthquakes.
As a person not following affairs in that region, I did some catching up research and I think there needs to be soul searching at this time to invest in Turkey, much less get Turkish papers. The Erdogan government is doing questionable things in its foreign affairs. Similar things that make Nomad Capitalist Americans want to dis-associate themselves from Uncle Sam, or Hong Kong people not want to invest in China. One might say, "treated best" but you should also "feel best". I feel sorry for the Turkish people, they deserve better.
Yep love this video. More please
Turkey has the best food!
If it's over a hundred years old, does it comply with recent earthquake regulations?
Omg right!
that was absolutely excellent, thanks
I really like the topic of this video as well the questions are very useful. I might use those questions for if I look at properties outside of Europe.
I mean you really want to look at your income and expenses in a specific country and see the differences there with other countries. You want to get a good picture of not only the property but as well you want to look at the value in history, present and have future expectations. Thank you for this video.
Hi Andrew, I just have a question for you please, if you don't mind me asking?, I have a fully furnished Apartment in Alexandria, Egypt that I would like to exchange it permanently to one of your apartments and pay the difference, is this something that you can consider?, I am from the US, and have difficulty selling it from the US, so I decided to exchange it. Please advise!. Holly
Ankara is even cheaper than Istanbul and almost as large as Istanbul with 7 million plus people
Same in Guatemala...rarely above $100USD except fOr $1million and up.
Need more information what do you think about the program which route is better bank $ deposit real estate or deposit in Turkish Lira New project which area or only stab Lish residency permit by buying $20,000 apartment because their requirement are not too much as compared to MM2H or Thailand residency also there is no residency program comparison to any other residency program as turkey
We would be happy to help you: www.nomadcapitalist.com/apply/
You are rocking Andrew🔥 waiting for your book delivery 📦
🙌 Thanks; enjoy!
"A lot of pent up demand"....the Lira has tanked since this video lol. Buy rn. Buy rn!
Excellent video Andrew, very informative and precise for those looking to invest or live in istanbul. I'm a Turkish and American citizen living in the US, but I will be moving back this year. The property that I am in the process of purchasing is on the Asian side and located in the town of Bostanci. Bostanci is a town of Kadikoy which I am from originally. I thought I would share and tell you how much I enjoyed the video. Thank you!
Good interview. I love your detailed questions for Keith Boyle. I wasn't thinking much about Istanbul, but now I'm interested.
..arch looks great, softens the area. Congrats & enjoy!!!
This apt priced at 220k usd. What did it cost a year ago when the lira collapsed by 1/4?
You provide great content sir! I stumbled across your brand earlier this year!
Thanks, Dom! Welcome.
Wow, he paid $220,000 for this and today it's worth. $133,000
nice content. hope you can do more of these after COVID
I bought property in Antalya Turkey 2 years ago and it doubled in 2 years.
Seems very expensive considering the "location location location"
How you can hedge a falling Lira when investing in Turkey
Great video. I love the idea of visiting Marmara. learning Turkish is buying some property. Please do more about Turkey, especially cultural immersion suggestions.
Thank you!
I love Turkey!!!
Loved this little video about Istanbul, thanks for sharing! :)
So much knowledge and value. Thank you andrew!
Glad you enjoyed it.
@@nomadcapitalist if you're looking for resourceful people in Africa, Nigeria specifically with global mindsets. I'm your man.
i think it's a best bet to consider Turkish citizenship as an option for now. It might not be a valuable passport ( due to no VOA in schenegan zone), But Turkey is a real country with it's strong underlying economy. I think if it could have a political stability, it is going to be a better option in this price, where you own the real estate. Could sell it, if you could find a buyer or atleast own something you could live in, unlike the donation based programs. Loved how you were touching the base in this interview. cheers!
Turkey is a good choice for Eastern Europe. I would put Turkey just behind Poland, and Hungary. Definitely a nice place to live.
they are actually in central Europe but ok 🤣🤣
Not the most amazing area, Nisantasi, Levent and Etiler is the place to buy. The first TL I bought was at 8000. I bought an apartment after the big earthquake in Nisantasi for 65,000 usd and went up to 400.000 usd, the timing to buy is important.
Why don't you consider Antalya? It has some great investment opportunities.
@@fawazfalah4344 because it's expensive AF
this video was nice.... wish we could see more of this in different countries
I was in Istanbul for a few months a week after the Coup attempt a few years back and had been considering purchasing at that time. Because of the uncertainty, I choose to not invest.
The Lira has depreciated significantly since then, and from a currency standpoint, It seems like a reasonable time to get in the market.
This property, in particular, looks great. I contacted the realtor Keith and am waiting for his reply. I think the key for me will be to find a short term rental friendly building to use the property when I choose and earn a rental ROI. Andrew, how did you like the layout of that property? Seemed like space was not used optimally?
Do you have the realtor's contact information?
I wonder about more rual areas where you can get something larger with some land to it for the same price
Love the format but not that apartment. Low ceilings, weird kitchen, etc
Its a very old apartment
Hello Andrew. Is it a good time to buy property in Turkey. Not primarily looking for a citizenship purposes but maybe a vacation home maybe in 10 years second home. Do you know a reputable real estate company in Istanbul. Appreciate all the help. Awesome videos. Thank you so much
I asked the same question... a reputable real estate company in Istanbul. I wish he would give us info on how to join the other guy.
Paana S Meeee. İ am an Turkish-American real estate agent.🙋🏻🙋🏻🙋🏻
Why don't you consider Antalya? It has some great investment opportunities.
kitchen work triangle is terrible. :( otherwise, not a bad looking place.
Love Istanbul ❤️❤️🇹🇷🇹🇷
Wow that is a view.