Turkey

Many cash rich, wealthy Indians are buying overseas properties in increasing numbers over the last 4-5 years. India has a fast growing economy and tens of thousands of Indians have become multimillionaires in recent years. Like the Chinese rich, the Indian rich too are keen on buying properties abroad.   While the Indian overseas investment is still nothing compared to that of the Chinese, it is...

There are two different opinions about the buying and selling property trends in Turkey for this year.   On one hand, there is a lot of pessimism about Turkey as an overseas property destination, because of the war raging on its borders, the recent failed military coup and the spate of terrorist strikes in the country.   But on the other hand, Turkey still remains one of the hottest...

The Chinese economy may have slowed down, but the country’s strong appetite for overseas real estate continues to be as strong as ever. Cash rich buyers from China continue to be the biggest buyers of overseas properties around the world. This is in spite of the fact that the Chinese stock market has suffered a fall recently and the value of the renminbi, the Chinese currency, has taken a hit. The...

Scandinavians among the Biggest Buyers of Overseas Property. If you’re looking to sell overseas property fast, you should consider marketing to Scandinavian buyers, who are fast emerging as among the biggest investors in properties abroad. There has always been a tradition among cash rich Scandinavians to buy overseas properties, which has held true for over 50 years. So this is nothing new. Norwegian...

If you’re looking to sell property in Turkey for cash, you’d be pleased to know that things have been looking up in Turkey in recent years, in sharp contrast to the pessimism that engulfed the country for the past year or so. In 2017 there was a huge change in Turkey’s political system. Tayyeb Erdogan was appointed as the President of Turkey until 2027 through a referendum. This gives him complete...

Thinking about buying or selling Turkish Property? If you are concerned about the events surrounding the recent coup attempt in Turkey, we can understand that fully. But many experts are of the opinion that the event will not dampen the long-term interest that so many investors have in Turkey. Turkey is still one of the hottest overseas property destinations in the world. However, the last few years...

Are you considering selling property in Turkey? Perhaps you are worried about the current state of the Turkish economy. The Turkish Lira, in particular, is in a free fall.   The currency has depreciated by more than 40 percent since the start of the year because of the fallout of many countries with Turkish President Tayyep Erdogan.   The more the Turkish government tries to shore up...

If you want to sell your overseas property quickly, then the best way to do it is to market it to cash-rich overseas buyers. Ideally, you will want to be given an all-cash deal for your home, so that you can get it off your hands and the money in your bank account as quickly as possible.   But it’s not easy to find cash-rich investors in the overseas property market. You can’t just wait for...

There is a huge demand for properties in Turkey, especially from foreign nationals from Europe, China, Russia, and from a number of wealthy Arabs in the Middle East.   Even Scandinavians – people from Norway and Sweden have been buying properties in Turkey. Wealthy Irish nationals are among those who have shown interest in properties in Turkish cities such as Istanbul and...

Here’s a stat that would excite those of you who are looking to sell your overseas property quickly. Over 50 percent of the home sales last year and over 40 percent of home sales this year in the United States have been all-cash transactions, in which no mortgage was involved. Cash buying is a big trend in the US property market and it’s the same across Europe and other overseas property...