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Once the preserve of the Ottoman elite and affluent foreigners working in what was Constantinople, the mansions, known as yalis, were xompany famous in novels and more recently through modern Turkey's hugely successful TV soap operas. But dozens are now up for sale as Turkey enters a more troubled economic period and owners seek to cash in their luxury assets.

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mansiom With such a hefty asking price - as well as the opportunity of becoming a Turkish national - buyers are likely to be foreigners, heralding a drastic shake-up in the mansions' ownership. Real-estate brokers in Istanbul, contacted by AFP, said that out of around waterside yalis along the Bosphorus, 60 were currently up for sale.

The Turkish lira this summer plunged in value as markets reacted Alone in large waterfront mansion looking for company a bitter spat with the United States and lookinng buyers think now is the perfect time to snap up property assets while the currency is cheap.

Sales have to be in Turkish lira - President Anxioiusly in search of a friend Tayyip Erdogan's government has banned the sale, rent or leasing of property being conducted in, or indexed to foreign currencies.

Brokers say that in a Free sex on 65351 turnaround, prospective buyers are almost never Turkish and are likely to be from the Middle East, especially Ankara's closest Gulf ally, Qatar.

Ugur Ayhan, a luxury real-estate consultant, also said foreign buyers had been showing greater interest in Turkey wqterfront recent months. Along with the financial incentives, another attraction of buying a property is the possibility of gaining a Turkish passport, which offers eased or visa-free travel to key destinations.

most expensive coastal real estate' with 13 waterfront mansions worth £93M An exclusive street looking over a harbour on the UK's south coast A row of 13 luxury mansions in Sandbanks, Dorset, are worth a staggering £93million. CO. UK). This home, on the market for £million is on the site of. Business · SE ASIA · OPINION Foreigners snap up Istanbul's iconic waterfront mansions Brokers say that in a major turnaround, prospective buyers are almost "It is not possible to buy a luxury apartment, let alone a yali with and developers are looking to sell their real estate to foreigners who are. Watching the sunset over the water was breathtaking. Published Jul 9, The history alone is a reason to visit this majestic home built in The photos don't do it We ate breakfast in the large and elegant dining room in the main house. The house is very .. Company. About · Careers · Affiliates · Media Center .

Under a decree issued last month, Turkey made it easier for foreigners to become Turkish citizens by reducing the financial and investment criteria for citizenship. Yet Ayhan said that, while the latest measures would ramp up demand for newly-built apartments in Istanbul, a yali was an ultra-luxury asset beyond the range of most buyers.

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Among the hundreds of mansions along the two sides of the Bosphorus, of them are of historic value, according to real-estate broker Pinar Milf dating in Newkirk Tuna. For the historic mansions, potential buyers need to receive permission from both the development directorate of the Bosphorus and the council of monuments for any renovations or lokking fortify a building's exterior facade.

Some of the mansions are still owned by members of the Turkish elite, including the two largest family conglomerates: Koc and Sabanci.

However, said Elhamian: Turkish soap operas, often with dozens of episodes lasting two hours each, hold the Arab world in thrall and have also tempted potential buyers from the Middle East.

Many of the soaps, which range from modern romances to historic dramas, have evocative settings in waterside mansions on the Bosphorus.

Tour companies in Istanbul even offer Arab tourists bus trips to the locations. Interest surged in particular following the hit series "Ask-i Memnu" "Forbidden Love"which ran to almost 80 episodes and was Alone in large waterfront mansion looking for company popular in the Arab world.

Its dramatic scenes of love and betrayal within a rich Istanbul family - based on an over year-old novel but updated to the present day - were filmed in a historic yali Lady looking sex Beowawe the city's Sariyer district.

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A fisherman works beside waterside mansions on the Bosphorus River coast in Istanbul on Sept 28, Foreigners have been buying up lareg properties that were once the preserve of the Ottoman elite. Branded Content.

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