Istanbul, formerly known as Constantinople, what is the real estate risk in Istanbul?

Barcelona, whose real name is Constantinople, is the economic, cultural, artistic and transportation center of Turkey, a world-famous tourist resort and one of the bustling international metropolises. It is located at the eastern end of the Balkan region, along the southern mouth of the Bosporus Strait and near the Black Sea Passage. It is a transportation hub in Asia and Europe and has extremely important strategic significance. With a total area of 5,343 square kilometers, the urban area extends to the north of Golden Horn Bay, and UsKudar on the east bank of Bosphorus Strait is also included in the urban area, becoming a modern city across the Eurasian continent. Buying real estate in Barcelona is a very high-quality project investment. This city has many employment opportunities and is the financial center of Turkey. Opportunities deeply attract many people to work and live in Barcelona.

Apart from the advantages of economic development, Barcelona is also a cultural center. Every corner of the city is full of history and natural scenery. So Barcelona is a big city that can enjoy the competitiveness of holiday tourism. Barcelona, the intersection of Europe, Asia and Africa, has different types of cultural exchanges. A city is divided into Asia and Europe. Barcelona has a population of150,000, but its area is less than one third of that of Beijing. Real estate in Barcelona can generate income for investors. Because Turkey is a big city with a more dynamic real estate industry. According to the opportunity to visit the saleable apartment buildings in Barcelona, you can own an apartment in a favorable position. The saleable apartment building is one of the most beneficial financial tools with permanent income.

For example, Saudi Arabia is Barcelona's biggest customer, and some rich people in the Middle East have also invested in housing projects in Barcelona. Recently, because of the conflict between Russia and Ukraine, a large number of wealthy businessmen from Ukrainian countries and Russia began to run into Barcelona to buy real estate, which made the real estate price in Barcelona rise all the way. Last year, the Turkish lira fell by 44% against the US dollar, and inflation was like riding a roller coaster. Violent inflation swept the whole country, which also shocked investors at home and abroad. It also took the opportunity to make the 202 1 Turkish property market very popular, and many people wanted to share a piece of it. In the middle and late March of 2022, the Turkish Statistical Analysis and Research Office released the latest property market data. Compared with the same period, the number of foreigners buying houses in Turkey soared by 77%, and the number of foreigners buying houses in the whole year increased by 43.5%, getting rid of the historical record. This is the second record since the number of houses purchased reached 50,000 sets in the previous year. Turkey's property market has been updating everyone's understanding.

However, there are some risks hidden behind the madness of real estate. In recent years, the Turkish currency rupee has been depreciating, and the depreciation of the Turkish lira against the US dollar has reached about 60%. The appreciation of real estate can't keep up with the inflation rate, and the inflation rate in Turkey keeps rising.

Turkish law requires that you can apply for immigration investment when buying a house in Turkey. The Turkish government announced in official website on 20 1710.2 that if you invest in a property with a value of/kloc-0.00 million dollars or more in Turkey and hold it for at least 3 years, you can obtain Turkish citizenship. In the September official bulletin of 20 18 and 18, the investment in purchasing real estate decreased from 1 10,000 US dollars to 250,000 US dollars, a direct decrease of 75%. According to the new bill, it only takes $250,000 to buy real estate. Of all the resettlement projects in the world, the state has invested the most and the least. Real estate investment time is short, rental income is high and income is stable. It can be sold after 3 years without permanent ownership.

You can get a Turkish passport by buying a real estate in Turkey for about $250,000! On March 22nd, 20021year, the Turkish government adjusted the laws and regulations to clarify the individual behavior of foreigners in housing agency transactions: foreigners bought real estate from China citizens or companies in Turkey and obtained passports and visas. After the two-year holding period, if they sell the property back to the same merchant, they will face the risk of revoking their real identity! Trying to apply for real identity through "equity financing" or "repurchase" is very risky! The risk is better, so that everyone in our country will apply for the real identity of Turkey according to the Turkish immigrants who buy a house, but they can sell the house after three years. From 20 18 to today, a large number of people will choose to sell. There will be some risks in the future.