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

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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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37 comments

  1. bestekaregemen

    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 back!!!!! I want my istanbul back!!!!!!

  2. Aditia Doni Satria

    Istanbul new airport , indication Istanbul as logistic & trade hub for countries emerging economy.
    Turkey economy outlook is prosperous.
    Istanbul as hub , will increase demand on properties such as residential or commercial.
    Also rich people from emerging economy will have luxury properties or investment in Turkey.

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