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Experts explain why Russians are scooping up real estate in Turkey

  • 04.05.2023
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Experts explain why Russians are scooping up real estate in Turkey

Numerous factors are cited by experts as to why Turkish real estate is gaining popularity among Russian citizens.

Relatively low residence prices contribute to the high demand. In addition, while housing options are available for purchase on interest-bearing loans in Russia, you can purchase a villa or an apartment in Turkey on an interest-free installment plan.

Home owners in the Republic can generate consistent passive income thanks to the high return on investment of Turkish real estate, among some other things. Therefore, it is possible to rent out apartments in this country and earn up to 8% of the annual cost of housing. As a result of the resale of their property, expert investors can expect to see a 50–70% increase in price.

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