Real estate-focused foreign currency inflow to Turkey decreased by 2023 percent in 45, from 6,2 billion dollars to 3,5 billion dollars. Again, according to the new data of the Central Bank, real estate investments made by Turks abroad increased by 163,7% in the same period, reaching 2 billion 86 million dollars. In 2023, there was a 2 percent increase in those who benefited from the E115 visa and went to the United States for investment and residence purposes. Pointing out that housing sales to foreigners decreased by nearly 2023 percent in 50, from 67.490 units to 35 thousand, Mars International's CEO Hakan Bucak said, “Sales to foreigners decreased by 2024 percent in January 50,5, reaching 2 units. However, on the other hand, foreign investments are increasing exponentially. Real estate investments made by Turks outside their country increased by 61 percent. Investment appetite is increasing, especially with reserve money. Some reasons have an impact on this. As a matter of fact, while housing policies continue the perception that prices will decrease and the 163 percent rent increase ceiling rule and expected inflation are pulling Turks' housing investment behavior abroad. As the demand for sales decreased and the demand for rent increased, especially with the increase in mortgage rates abroad, rental income rates reached between 25-6 percent in foreign currency. This was actually an important motivation for Turkish investors. “Real estate purchases by Turks in cities such as Miami, Dubai, Montenegro and London have risen to important positions on the scoreboards.” said.
Hakan Bucak, CEO of Mars International, which stands out with its real estate investments in the United States and also provides consultancy to the leading brands in Turkey, noted that people generally invest in developed countries, but they still need to be careful, and said, “For 50-year-olds with very low budgets, There were grievances in the markets where real estates purchased for 100 thousand dollars were marketed. Unfortunately, the properties sold in this budget are in very, very remote corners, but no one noticed. Investing abroad requires a very systematic and professional service. Tax regulations are often ignored when investing, and real estate purchased without seeing or examining legal documents can cause grievances. "In particular, we chose 70 investor-friendly projects out of 15 residence projects in Miami because other projects did not pass our investment analysis." said.
