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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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