Turkey: Luxury villas on the Bosphorus going cheap | DW News

The crash of the Turkish lira has not only hit average citizens hard. Even the rich are now feeling the pinch. For many of them, the only way out of the crisis is to sell their properties. Dozens of luxury villas, or 'yalis,' in Istanbul are currently up for sale, for bargain prices, and wealthy Arabs are eager to snap them up. The yalis have an added bonus: Turkish citizenship is included in the price.
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[thewolverine]

Same in London.. locals cant afford nothing. It's mainly Russians, arabs, Americans and Chinese who can..

[jouvertalandwa]

21 million euros is "cheap" 😅😅😅....what a sick joke

[aipr]

We had our istanbul culture, pure gentlemen deep people kind and intellectual, very manly and macho but in a proper way, classy people. I want my culture I want my istanbul

[mertmitm]

People who complain about not being able to afford these homes will *NEVER* be able to afford them. You know why? Cuz they're sitting on their lazy butts complaining about not having money to buy a mansion. People who have the potential to become wealthy never sit and complain and wait for someone to gift things to them, they WORK for it. They use their time to make their dreams come true.

[learningnochoice]

Ülke kimlerin eline düsecek bu gidisle. Birde vatandaslik mi alinir bu yöntemle?

[APEX-qvrm]

Rip Off prices

Buy some land
Build your house

[m.behzadjahan]

The video shows more of that these villas are very popular rather than being cheap...

[wuhanbiruSux]

$250k and a Turkish citizenship. That's a freaking deal!

[hurdygurdyguy]

Istanbul property as an investment?! Not for me! I've been to Istanbul twice and love the city and culture, when I win the lottery I want a modest yali, not as an investment but to live there part of the year and soak up the local color! It's a dream!!

[direnius]

The beautiful city of Istanbul is being handed over to the Arabs. The Turks and the Europeans should preserve this city as it's a vital part of both European and Turkish history and culture.

[kapdolkim]

I guess the part about the Lira recovering didn't work out.

[vodkacruz]

when i saw cheap was thinking i can pick one up for a few hundred K but then heard 21 mill euros was like there goes that dream .

[edyaqubi]

In central London I know 90% of my neighbours are not around (most are for investment from midest, Russia and China) . I'm lovin it. Less pressure on local infustracure and a well funded local authorities ☺️👌

[boatman]

Can’t see Turkey recovering with the current leader, like catching a falling knife buying property in Turkey

[Darl-uruq]

With that price, I would buy an estate in the US and start a business

[kipfagan]

31, 000, 000 euros is "going cheap"?

[metinakkusoglu]

You can’t buy these with the local currency . Euro or $ gets you a seat at the table

[dawnsstar]

Had to run that by million euro?? Really??
I hope it comes with 10 acres of lush land, a horse stable with horses, groundkeepers, and a cabana for the heated 10 ft elongated pool.

[ercangunaydin]

Those villas use to staring from 70 million to 200 euro.i use to live near by yenikoy so its realy cheep this is just some smoll villa not yali you cant get 20 million euro yali in bosfors do not dream about it.check the square metre of land probebly smoll land.

[TheLouisXXI]

The Lira will only recover when the government stops devaluing it and that is not likely.