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Real estate in Turkey for Russians after the elections

Real estate in Turkey for Russians after the elections

7 June 2023

For the past few months, the Turkish real estate market has been frozen in anticipation of the presidential elections, but last Sunday the second stage of the elections took place, which was won by Recep Tayyip Erdogan. 

Thanks to this news, we can be sure that the citizenship by investment program will continue to exist, and interest in terms of capital gains when buying real estate will remain and strengthen among foreigners.

We present new promising real estate properties in Turkey that are suitable for the Citizenship by investment program.

Start of sales of a new complex in Avsallar 900 m from the beach

  • Area: from 55 sq.m
  • Number of bedrooms: 1-3
  • Infrastructure: 3 large outdoor pools, pool bar, children’s playgrounds, mini golf, tennis court, basketball and volleyball courts, hotel
  • Prices: from €112.000
  • Price increase during construction: from 40%
  • Yield: from 7% per annum 
  • Due date: 2nd quarter 2025

New project of villas and residences under hotel management in Antalya

  • Area: from 49 sq.m
  • Number of bedrooms: 1-4
  • Infrastructure: swimming pool, terraces, garden, hotel managed by an international brand 
  • Prices: from €208.000
  • The furniture package is included in the price
  • Price increase during construction: from 30%
  • Yield: from 7% per annum
  • Due date: 4th quarter 2023

Townhouses and villas on the first line of Long Beach in Kusadasi 

  • Area: from 160 sq.m
  • Number of bedrooms: from 4
  • Infrastructure: terraces, private garden, swimming pools, cafes and restaurants
  • Prices: from $555,000
  • Yield: from 5% per annum 
  • The object is ready 

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    ARAVANA Capital management
    7 June 2023
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