Istanbul Real Estate Is More Profitable Than The Euro!

Istanbul Real Estate Is More Profitable Than The Euro!

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According to figures released by the Turkish Statistical Institute, the real estate sector has gained a high value over the last 10 years, reaching 174 percent, surpassing the 110-percent stock market and the euro, which rose 163 percent.

This important sector has also exceeded the dollar, despite its high increase, where the rate of prices’ increase in major cities reached 291 percent in some cases, as in the Kadikoy area in the Asian part of Istanbul.

Therefore, over the long term, investors see the real estate sector as a safe and profitable haven for their investments. Real estate has been a leading area of higher profitability over the past 10 years, while other sectors have seen significant fluctuations.

In comparison to gold, gold was more profitable in the last 10 years, but it lacked the safety that real estate sector offered, as investors in gold have lost large amounts, during periods when prices fluctuated due to changes in the international arena.

The Turkish city of Istanbul is one of the most profitable cities for real estate investors, where it is not possible that any real estate project will lose profits in this city, even if it’s at the farthest point of the city; economists expect the real estate sector will continue to grow in the coming years as well.

Source: Andolu

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About Us: My Bricks is a unique real estate company in Istanbul. With over a dozen years of experience in downtown Istanbul, Keith has been involved in countless transactions. He tirelessly researches for the best opportunities for his valued clients. In addition, Keith has project managed over 50 renovation/restoration projects (see Keith in action on YouTube: https://www.youtube.com/watch?v=yLaLIjo9X-A&pbjreload=101). We source all kinds of properties, from budget properties up to luxury villas on the Bosporus. We give personal service to our clients; often doing zoom and WhatsApp sessions 1-1 and also webinars where clients can benefit from the wisdom of Keith’s other clients. In these webinars issues such as taxes, legal issues, design and renovation and identification of property opportunities are addressed. These sessions are typically run on Saturdays and Sundays. Come and join us; just contact Keith for details on: WhatsApp/telegram at +90 531 582 3876). Our living and breathing passion is real estate in the downtown area. We look forward to virtual sessions where you walk side by side with us along the streets or in real life when you arrive in Istanbul. We are fully equipped to help you with any logistic matters you may require, from obtaining citizenship through investment to managing your assets professionally here in Istanbul. At this point in time, the agency is transforming and we have investment coming in. It is an exciting time to purchase in Istanbul. I look forward to doing the ground-work for you and launching you on your way to a profitable and enjoyable investment. Kind regards, Keith Boyle

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