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 property, buying property in Istanbul, central Istanbul, Istanbul apartments, Istanbul buildings, Istanbul investment, Istanbul property, Istanbul property sale, Istanbul real estate, Istanbul renovations, Property in Istanbul.