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| The 'Rise of Empires: Ottoman' tops audience viewing ratings in the US and World Wide... |
Until now, no locally produced Turkish film or TV
series targeted at export to the international market has achieved notable
success.
That has just changed, with the stellar success of
the Netflix drama-documentary series ‘The Rise of Empires: Ottoman’… topping
audience viewing rated in the USA
and World Wide…
This success can be expected to result in additional
demand for the Istanbul
real estate market, corresponding to similar past correlations. And result in a corresponding increase in
Turkish Citizenship by Property Investment applications, with popularity increasing
World Wide.
This very interesting development deserves a closer
look, in more detail, in another post.
Property prices in Istanbul over the last six months have been
stable, but still offer investors bargains if they can find liquidity-induced distress
sales. During the last 18 months the real estate sector in Turkey has been
depressed. So the market welcomed the recent policy of reducing the investment
threshold for citizenship to USD 250,000. This has helped stimulate demand from
international buyers, many hailing from the Middle East.
Many of these buyers are motivated by Turkish TV showing
wonderful Istanbul
life style and property, have come to buy their dream home for that reason
alone ! Over the last five years Turkish TV series have grown increasingly
popular in international markets such as the Middle East, South America, and India. These
programs are local Turkish productions produced in Turkish, and dubbed in
foreign languages for export.
Now that a Turkish production targeting foreign audiences has proved a stellar success, the impact on the perception of Turkish assets, and real estate, from an investment persepctive, deserves re-evaluation...
#RiseofEmpiresOttoman
#TurkeyCitizenshipbyInvestment
