Keith’s Weekly Property News August 15-2021

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Keith’s Weekly Property News August 15-2021

Just to address last week’s zoom session. We took into hand black swan events and your Istanbul investment. The discussion was very useful and I took a lot away from it. Although most investors are fully aware of the risks, many felt that it would not prevent them from proceeding.

As always, probably the most commonly perceived risk was TRY depreciation and political risk caused by snap decisions of the leadership. I suppose, in many ways, people who have been following Turkey for a while, these come as no surprise.

The past week was another transactional one. We expect lots of activity in the upcoming week as well.  In keeping with the intensity of our search for properties, we will not really have a theme for this week’s meeting, but will instead focus almost entirely on properties. And numbers. And more numbers.

In addition Michael V, an American based in Denmark, will talk about his 4 CBI purchases, completed over 5 months…all online!!!

What moved in past week:

  • A couple of large places, mostly renovated and at under 10.000Ttry/sqm…Good locations, terraces, views etc. Pretty amazing.
  • a budgie at 540.000 Try all in. 75 sqm, full reno required.
  • 30 sqm office. 330.000 Try all in.

Property links distributed during weekly zoom session

Tagged: Istanbul propertybuying property in Istanbulcentral IstanbulIstanbul apartmentsIstanbul buildingsIstanbul investmentIstanbul propertyIstanbul property sale, Istanbul real estateIstanbul renovationsProperty in Istanbul.

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keith-boyle

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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